Know The Trucking Business
Taking a vacation is something many micro-motor carriers place on the back burner. The trucker either thinks he can’t afford it or his business will go down the tubes if he takes time off. On the contrary. As far-fetched as this may seem, a vacation is possible with a bit of planning and foresight.
Listen to this story of how I turned cheap freight from vinegar into fine wine for one small carrier, using nothing more than industry experience, resourcefulness and dedication to finding a solution.
The snow, which had been no more than just spitting began coming down in furious earnest, quickly coating the roadway in an inch or more of snow. We continued on, as we were now fully committed to the climb and descent.
As we’re crossing a long bridge, a fire truck frame (just the cab with nothing but frame rails and rear axle) does a 360-degree spin about 200 yards ahead of us on the bridge we’re crossing. I know that if it’s that slick I must maintain momentum
There’s a method used in real estate investing that also works well for owner operators and lease operators. When investing in real estate for the purpose of receiving the greatest return on the dollar invested – for renting it out, in other words (creating a sustainable, consistent income), purchase the house with the lowest price in a neighborhood. In so doing, you have far greater profitability by being able to charge a higher rent with lower costs. Yet the revenue (rent) necessary to support the expenses like loan payments, taxes and insurance can be lower than other houses in the area.