Quote:
Originally Posted by Jim Lodi jr
Cost of the truck, insurance , fuel, tolls, work mans comp, payroll ,health care, maintance, dot nightmare, can only run for 8 hours, all these things are extremely expensive, or sit home and collect the government check hmmmm
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You nailed it. I'm an owner/operator. I no longer do any OTR (over the road) work, local only. The 8 hour on duty limit is the big a** kicker. If the truck isn't rolling you aren't making any money. That is not only true for an owner/operator but also hired drivers getting paid by the mile.
Insurance costs and permits on the rise. Parts/tires/maintenance cost through the roof if you can get the parts/tires. Fuel is now 2X more than it was last year (mine gets 5.5-6 mpg). Newer emission equipped trucks are extremely problematic. And than there is the price of a new truck. The new version of my old truck is $165k. Try and pay that off sitting at a truck stop or rest area after your 8hrs are up.