Just a heads up on this video, the logistics industry just got hit with a recession last year, and the company that I'm currently working in barely survived (we handle mainly refrigerated). If this is the case, it's best to have a relationship or start a relationship with a company before you move on with anything. Have a plan, and don't be discouraged, but know the risk you may have. Best advice anyone will say is have a plan!
You are awesome if this I knew 30 years ago I would be in business today with high inflation is very hard to get company customers loads today alot carriers selling thier business just to survive.
SOLID VIDEO GIL! Really enjoyed all the information you shared. Would it be possible for you to create and share a follow up document or excel spreadsheet with the total costs for insurance? Maybe share the insurance rates that you're paying from the insurance companies you listed? Also, another great video idea might be on detailing the free CDL grants or scholarships that may be available for new comers to get their CDL and start trucking in various states. I'm about to move to Tampa, FL and would love any recommendations for free CDL grants that may be available. Otherwise I'll be enrolling in CDL school through RoadMaster.
Finding direct shipper loads is the key to retained earnings. In 1 year, I found 3 large direct shippers, with millions in annual shipments. Businesses that are inelastic to inflation, or consumer spending. So it is possible. The caveat. The broker mentality is not condusive to building long lasting direct shipper relationships. Turn down a load, or show up late, and thats the end. Few trucking businesses are financed in a way that makes turning away a primo broker load possible.
I'm going to make two points here one. You did not mention about California. California has a spacific requirement that you get their. C.A number, which is basically their M.C. Number. California requires individuals that either have. a terminal or home base in California or come through or go through have a CA number which is the equivalent of an MC. Now.
Great effort in sharing insights, but it feels more like advice on how to create a self-employed job rather than a true business. A real business should have systems in place that allow it to run and generate income even when you're not there. It's about building a scalable and sustainable model, not just doing everything yourself. Delegation, automation, and strategic planning are key if you want to build something that can grow beyond just your personal effort.
I am a software engineer and would like to start a trucking business with a one fleet. I understood the process to start you explained. How to hire driver for just one fleet initially? How to find regular loads?
Thanks for the specific information. No love for the cargo van business people? lol. I’m actually going through that process right now. Build a cargo van business.
If I wanted to run my own truck I would personally try to lease on with this guy instead getting my own authority. You need a nerd to get you the best loads possible
This is a very general overview of how to start a trucking company. Most of these topics need to be unpacked at length. But hey it's free and it's a good starting point for anyone that doesn't know anything about the industry.
Hi first of all thank you so much for the the information that you are sharing really appreciate it! Question after purchasing a truck how can you travel with the truck to your home state without irp plates due to IRP AND IFTA being processed after purchasing the truck or traveling to a company that will provide the irp plates and ifta, thanks in advance!
Very hard (maybe even impossible) to predict that but it looks like the capacity is dying down now. It seems like by the end of the year, we should be in a better place.
@Gill22 yes.. and a 780 credit score. No accidents... never an insurance claim... very frustrating. I didn't think this step was going to be the one to slow me down... I have bought the truck and trailer outright new mind you... as I wanted to keep my overhead down... I just don't get it.
Are you saying that there is no money to be made in the trucking business? That’s can’t be true, right? You’re just saying that things aren’t as easy as it used to be to be? I’m not in the trucking industry at all so excuse my ignorance
@@curtisthompson4694 The economy sucks. Really sucks. Too much competition and the brokers are taking advantage of owner operators. The good news. Bad trucking companies eent under. But some good ones were drag down with them. Owner operators have been continuosly beating out the mega carriers and forced mega carriers to speed up their governed trucks. The owner ops guys are making the ultimate sacrifice and calling out the insurance companies bullshit.
@@anti-menticide I see. Seems like the “split” isn’t right with the money from the Shipper to the Broker/Carrier. Idk. Just always heard that if you had ur CDL, especially if you had Authority, you would always be able to earn a nice living. In part, because the market is so big. Thanks for the info.
Sounds good in paper but in reality it’s different I started my box truck company in 2020 and I stared probably worst time possible I’ve seen many small fleets had to go out of business there was times I would only get one load a week it was horrible had to go back to working in little of everything but the company still up it got better but still not how it use to these brokers be the worst
@ An app for local truckers to earn more money by completing extra deliveries. The app provides real-time dispatches for available loads near the trucker, who can then accept or decline them. The app also offers instant payouts, local loads, optimized routes, and in-app support.
You misunderstand. I said automated trucks are what they're trying to replace TRUCK DRIVERS with. Not owner operators. Also, it's still a LONG way away (more than 10-20 years in my opinion... even then, drivers won't be completely replaced). The point of the video is to highlight the importance for truckers to develop additional skills outside of just driving.
IRP plates? Maintain roads? BS!! Our roads are garbage! Disgusting. Wheel covers, tires, suspension, dashboard, ride quality, dangerous conditions, dodging craters!! Flat out garbage deplorable road conditions. And we pay extra for this?! A literal shame on America.
correct, use ai to learn anything the classes and courses is the business that is gona get replaced first. AI is the free expert you need for anything. literally everything anyone can tell you about anything AI knows and will put it in any step by step format you want. every single thing he said in this video ai would answer for you, give you the contact info sites everything. In one second. Not bursting your bubble bud I liked your video last night but one question to chat gpt gave me all the info you did plus more.
How crude is it to promote trucking when the industry is suffering from the last time these promos appeared. Truckers are leaving because of over supply and over priced trucks, especially class eight tractor units. Look at the cause and realities not the emotions. If you overpay to join at the bottom of the market you deserve what you get. Fall into the clutches of brokers. Suffer or think.
Starting with name of the business the dumbest way to start trucking. Trucking required to understand how you will manage with such huge liability and such little profit merging. If you start trucking with thinking about your name and domain name you will be broke as hell. My advice do not get into trucking because it is rate race track!!
I watch your video over and over again. I learned a lot from it. Thank you very much!!!!
Just a heads up on this video, the logistics industry just got hit with a recession last year, and the company that I'm currently working in barely survived (we handle mainly refrigerated). If this is the case, it's best to have a relationship or start a relationship with a company before you move on with anything. Have a plan, and don't be discouraged, but know the risk you may have. Best advice anyone will say is have a plan!
100% agree with you!
You're on fire with these videos! Each one is better than the last.
I wish I heard this when I was setting up our company. You made it so simple and detailed. Thank you!!
Hi. Do you really have a trucking company
This year I'm gonna start successful trucking channel so I'm gonna take notes, learn the jargon snd create constant road to success content.
You are awesome if this I knew 30 years ago I would be in business today with high inflation is very hard to get company customers loads today alot carriers selling thier business just to survive.
Honest and informative man thanks bro please keep giving us more tips I am about starting my own authority.
Another very valuable piece of the puzzle! Thank you.
Great video! About to get my cdl and work for a family friends company and would love to hopefully start my own in the future!
Rooting for you boss!
SOLID VIDEO GIL! Really enjoyed all the information you shared. Would it be possible for you to create and share a follow up document or excel spreadsheet with the total costs for insurance? Maybe share the insurance rates that you're paying from the insurance companies you listed?
Also, another great video idea might be on detailing the free CDL grants or scholarships that may be available for new comers to get their CDL and start trucking in various states. I'm about to move to Tampa, FL and would love any recommendations for free CDL grants that may be available. Otherwise I'll be enrolling in CDL school through RoadMaster.
Finding direct shipper loads is the key to retained earnings. In 1 year, I found 3 large direct shippers, with millions in annual shipments. Businesses that are inelastic to inflation, or consumer spending. So it is possible.
The caveat.
The broker mentality is not condusive to building long lasting direct shipper relationships. Turn down a load, or show up late, and thats the end. Few trucking businesses are financed in a way that makes turning away a primo broker load possible.
Hey Mel,
What did you do to get 3 large direct shippers in your first year?
I'm going to make two points here one. You did not mention about California. California has a spacific requirement that you get their. C.A number, which is basically their M.C. Number. California requires individuals that either have. a terminal or home base in California or come through or go through have a CA number which is the equivalent of an MC. Now.
Great video Gill! I think it’s time for me to start using my CDL. Thanks for the inspiration
This is a fantastic and very helpful video! Thank you soooo much for making this!
I really enjoyed this video, it was very thorough and informative. Thanks for the knowledge.
I love your videos, I learned so much from them. Thank you 🙏
Great effort in sharing insights, but it feels more like advice on how to create a self-employed job rather than a true business. A real business should have systems in place that allow it to run and generate income even when you're not there. It's about building a scalable and sustainable model, not just doing everything yourself. Delegation, automation, and strategic planning are key if you want to build something that can grow beyond just your personal effort.
MOST VALUABLE VIDEO, THANK YOU 😎💪♥️
Thanks Gil for the great video and info.
Great video and information Gill 22
Thank you, you explained almost everything.
I am a software engineer and would like to start a trucking business with a one fleet. I understood the process to start you explained.
How to hire driver for just one fleet initially? How to find regular loads?
I'm in the same situation. Lucking for my brother was able to get trucks so far. I'm trying to help him
Great video very informational and to the point.
Thanks for the specific information.
No love for the cargo van business people? lol. I’m actually going through that process right now. Build a cargo van business.
Haha sorry brother I’ll have to make a video on the cargo van business in the near future!
I needed this
If I wanted to run my own truck I would personally try to lease on with this guy instead getting my own authority. You need a nerd to get you the best loads possible
I feel offended and honored at the same time. Can't even be mad 🤣
@@Gill22😂
This is a very general overview of how to start a trucking company. Most of these topics need to be unpacked at length. But hey it's free and it's a good starting point for anyone that doesn't know anything about the industry.
Yes actually ,I actually have a truck company ,I give out trucks for hiring and Also sell
Hi first of all thank you so much for the the information that you are sharing really appreciate it! Question after purchasing a truck how can you travel with the truck to your home state without irp plates due to IRP AND IFTA being processed after purchasing the truck or traveling to a company that will provide the irp plates and ifta, thanks in advance!
Triple salute!!
pls make a vidio about how to find easily own operators
When do you think the trucking market will bounce back
Very hard (maybe even impossible) to predict that but it looks like the capacity is dying down now. It seems like by the end of the year, we should be in a better place.
Top video 🔥
Any recommendations for good carrier in california to run my truck with? Please 🙏
Thank you
Nice content.
This is a very lucrative business, but also I want to also try out new ways I can invest money
Im in the process... trying to get insurance with a new mc authority isnt easy... 54k from progressive is crazy for 1 truck and trailer.
$54k!?!? that is absurd and unusually high. so you have a clean background?
@Gill22 yes.. and a 780 credit score. No accidents... never an insurance claim... very frustrating. I didn't think this step was going to be the one to slow me down... I have bought the truck and trailer outright new mind you... as I wanted to keep my overhead down... I just don't get it.
Did you mention factoring?
Is that applicable for Canada as well?
No, only the US
@@Gill22 Thank you bhai! Great information 🫡
Najpierw Trzeba Zjeść Jabłka I Założyć Firmę Transportową
If you get in trucking now, you will get a rude awakening.
100%. I mention this in the video so people don't have false expectations.
Are you saying that there is no money to be made in the trucking business? That’s can’t be true, right? You’re just saying that things aren’t as easy as it used to be to be? I’m not in the trucking industry at all so excuse my ignorance
@@curtisthompson4694you just won’t make a decent wage. You can build a company but shouldn’t pay yourself more than 40k US a year
@@curtisthompson4694
The economy sucks. Really sucks.
Too much competition and the brokers are taking advantage of owner operators.
The good news. Bad trucking companies eent under. But some good ones were drag down with them.
Owner operators have been continuosly beating out the mega carriers and forced mega carriers to speed up their governed trucks.
The owner ops guys are making the ultimate sacrifice and calling out the insurance companies bullshit.
@@anti-menticide I see. Seems like the “split” isn’t right with the money from the Shipper to the Broker/Carrier. Idk. Just always heard that if you had ur CDL, especially if you had Authority, you would always be able to earn a nice living. In part, because the market is so big. Thanks for the info.
Sounds good in paper but in reality it’s different I started my box truck company in 2020 and I stared probably worst time possible I’ve seen many small fleets had to go out of business there was times I would only get one load a week it was horrible had to go back to working in little of everything but the company still up it got better but still not how it use to these brokers be the worst
I'm working a contract with Amazon Relay right now. What's a good contract you recommend?
@@Andrew-j8e try mothership depending where you located
@@Barrera909what is mother ship?
@ An app for local truckers to earn more money by completing extra deliveries. The app provides real-time dispatches for available loads near the trucker, who can then accept or decline them. The app also offers instant payouts, local loads, optimized routes, and in-app support.
mcs-150?
Hey Gurpreet , I’m waiting to be accepted to your Skool community. I’m also growing a GHL agency, can we connect?
Bro I just watched a video of you saying we will be replaced by automated trucks . Now in this video you saying start a trucking company 😕
You misunderstand. I said automated trucks are what they're trying to replace TRUCK DRIVERS with. Not owner operators.
Also, it's still a LONG way away (more than 10-20 years in my opinion... even then, drivers won't be completely replaced).
The point of the video is to highlight the importance for truckers to develop additional skills outside of just driving.
no truck, no cdl just a plan
Just started a box truck company and yeah very rude awakening
Could you elaborate on
IRP plates? Maintain roads? BS!!
Our roads are garbage! Disgusting. Wheel covers, tires, suspension, dashboard, ride quality, dangerous conditions, dodging craters!! Flat out garbage deplorable road conditions. And we pay extra for this?! A literal shame on America.
My guy been in the business for 13 years your dead on I'm like and subscribe you got it hands down salute 🫡 💯
correct, use ai to learn anything
the classes and courses is the business that is gona get replaced first. AI is the free expert you need for anything. literally everything anyone can tell you about anything AI knows and will put it in any step by step format you want. every single thing he said in this video ai would answer for you, give you the contact info sites everything. In one second. Not bursting your bubble bud I liked your video last night but one question to chat gpt gave me all the info you did plus more.
🙏🏿🙏🏿💯👏👏👏👏👏
Not all of us are in America. Some in RSA 😂
What is trucking industry??
How crude is it to promote trucking when the industry is suffering from the last time these promos appeared. Truckers are leaving because of over supply and over priced trucks, especially class eight tractor units. Look at the cause and realities not the emotions. If you overpay to join at the bottom of the market you deserve what you get. Fall into the clutches of brokers. Suffer or think.
You would have to be a fool to start a trucking business with the market being as bad as it is.
Starting with name of the business the dumbest way to start trucking. Trucking required to understand how you will manage with such huge liability and such little profit merging. If you start trucking with thinking about your name and domain name you will be broke as hell. My advice do not get into trucking because it is rate race track!!
Affiliate Marketing 😂
Must be true if Jesus Christ is teaching.
this is such a bullshit video. watching this video from trucking company owner standpoint gives me so much funny emotions lol
Why? Can you elaborate?
LMAO AFTER 15+ YEARS I JUST QUIT TRUCKING !!!!! IT'S WASHED UP GOOD LUCK