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Question about commercial trucking

Posted: Sun Mar 07, 2010 4:34 am
by Hutch-
I have a chance to pick up a couple tractor trailers on the cheap, and have some reliable drivers lined up. However, my accountant buddy tells me that insurance for the rigs and cargo is pretty high. He has a couple clients paying $60K a year for a small fleet. If anyone with some knowledge on the subject can comment, it would be greatly appreciated.

Re: Question about commercial trucking

Posted: Sun Mar 07, 2010 6:03 am
by LWTCS
Think Rubber Duck makes his living on the road.

Re: Question about commercial trucking

Posted: Sun Mar 07, 2010 10:10 am
by smokerscully1
I work as a saftey super for a logging company. Wood is trucked to the mill by independant brokers. I know guys with 15 years experience that can't even get insurance.
Commercial Insurance has been screwed up ever since 9/11.
Just the mere mention of Insurance wrecks my day.

Re: Question about commercial trucking

Posted: Sun Mar 07, 2010 10:15 am
by rubber duck
The insurance cost is the least of your problems when operating a truck. Your permits and insurance are somewhat of a fixed cost.

There are a lot of reasons no to get into the trucking business.

Pm me and I'll help you out with what I can.