Own Authorty & Leasing On...

Thread Tools
  #1  
Old 11-20-2006, 07:15 AM
Member
Thread Starter
Join Date: Jul 2005
Posts: 54
Default Own Authorty & Leasing On...

For starters, would it be worth wild to lease onto a company while building the business up when first starting out with your own authority? I would like to obtain my own authority by spring time. I reside in upstate NY and I'm not sure of the local freight. Maybe I should join a load board and study my area's of interest first.

Thanks
 
  #2  
Old 11-20-2006, 09:47 PM
BanditsCousin's Avatar
Senior Board Member
Join Date: Jun 2004
Location: Chicago, IL
Posts: 3,800
Default

It depends on your cash flow, and how much you already have invested in your business. If money is an object, then staying with a carrier and leasing on may be the way to go until you learn the "ins" and "outs" of this business.

Are you currently a CDL holding driver?
 
__________________
Mud, sweat, and gears
  #3  
Old 11-21-2006, 02:47 PM
GMAN's Avatar
Administrator
Site Admin
Board Icon
Join Date: Feb 2005
Location: Tennessee
Posts: 17,097
Default

To start with most carriers will not allow you to have your own authority while being leased to them. It will be difficult to build a business such as you describe while being leased to another carrier. I think you need to decide which way will be best for you. If you have never owned a truck you may find the transition easier to lease to a carrier first. It takes more money to operate as a carrier than if you lease to someone. You don't mention how much driving experience you have, but unless you have at least 2 years driving experience, you will find it difficult to find someone to insure you without severe restrictions. Good luck.
 




Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT. The time now is 06:34 AM.

Top