Profile For Sid V.

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    2 years, 9 months ago

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Posted:  1 week, 4 days ago

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Log book quiz

This is the exact reason they made PC time available for drivers for when we run out of time at the docks. When they went to ELD's there were trucks that refused to leave the docks because they were out of time and in doing so would be breaking the law. There were many police called to places i'm sure, because trucks wouldn't move.

PC time is recorded off duty so in your example so in your example you can start driving at 4am.

You can tell your family member that if they want to write citations we can always go back to the old way.

Posted:  4 weeks ago

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Paths To Making GOOD money as a truck driver?

Thanks folks. I suppose i deserved all that.

Thanks for all the pics, ill have to look at it when i have time.

Here's a screen shot of one of my brokers that i has ytd data. This is second most broker that i run for, the first doesn't track ytd data.

0933525001632933316.jpg

Posted:  4 weeks ago

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Paths To Making GOOD money as a truck driver?

*Maybe there's a few people pulling it off, but they're team driving, or doing some kind of specialized trucking.

Posted:  4 weeks ago

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Paths To Making GOOD money as a truck driver?

I'm going to take a stab at this and anger a bunch of people.

I see NO WAY a regular W2 employee can make over 100k truck driving for any company. Now, can it be done, in theory, sure. You stay out 350 days out of the year, never see anybody, become the most unhealthy person, and die in your truck. Maybe, there's a few people pulling it off, but

Even if you did earn 100k, since you get no write offs on your taxes so your going to be paying some 17 to 18k in taxes, and more for state. That's INSANE.

Turtle, i'm sorry to pick on you, but when i google how much walmart drivers make, it says an average of 87k. That combined with the fact that every walmart driver i've ever talked to has jumped on my back, forcing me to take their contact info to drive for walmart because they're short drivers. That doesn't make any sense. Your telling me a job that will make you a millionaire in 10 years is having a hard time finding drivers when mega carriers have thousands of new drivers a week go through their program? Also, where are all these trucker millionaires?, how come i've never met one?? I've NEVER even heard a truck driver say the word millionaire out of their mouth. And there are drivers that driver for walmart for 20, 30 years? There's got to be thousands of walmart driver multi millionaires? Where are they??? Are they on Walmart Island?

The only way i can see an LTL driver making that much is if they own their own truck, get paid on a 1099. What you guys are saying doesn't make mathematical sense on this earth.

Lets even say your making .70 a mile (which i've never heard of) at 2500 miles a week without going home, staying on the road ALL year long, that's $7000 a month, that's 84k a year. that's FAR from 6 figures.

Posted:  4 weeks, 1 day ago

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About to start an owner operator

Hi Ken,

Equipment is about 30-50% more expensive than a year ago. I bought a 3 yr old truck with 400k and a one yr warrantee for $60k. That was 4 years ago. The same truck goes for $100k today. New trucks are almost at $200k. (180k for a new volvo)

And if buying a truck is anything like buying a car, you will have to pay taxes based on your residing state, not the state you bought it from.

Posted:  1 month, 4 weeks ago

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Giant thank you!

Hi Donna,

Please watch your health. I've always told my students that the med card isn't so that the DOT will let you into trucking, but it's the way they keep you out after your health has deteriorated. MY friends ask me all the time why i do trucking for two weeks, and then take two weeks off. It's quite simple, my health. Please keep that in mind.

Posted:  2 months ago

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Fed-up With the Trucking Industry

Dollar Accounts are basically career suicide. I'm sorry nobody told you.

That's why they usually guarantee paychecks or have a high cent per mile rate.

Posted:  2 months, 2 weeks ago

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New job twist: a Russian company

Hi andrey

I understand the position you're in, but I would try every single w2 job you can get before taking this job. This is the reason California banned these predatory hiring practices and the rest of the state's are about to follow.

You don't understand fully what's involved. I would get with a cpa before doing anything. Pay them for a consultation if you have to. At the very least I'm pretty sure you'll have a schedule c. I'm not sure if you need an ein#, if you need to structure yourself as a sole prop, or what's you need to do, but it's better to find out now than later.

What you don't understand about taxes is taxable income. I made $120k gross last year but with all the write offs for fuel, maintenance, insurance, depreciation etc.. my taxable income was 30k. If I didn't have anything to write off I'd have to pay taxes on all 120k. It may not seem like a big deal but it will be when you get that bill from the irs.

Posted:  2 months, 3 weeks ago

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Frustrating small mistakes HOS

Hi davy

Here's my take on yard moves. Back in the day when the fmcsa decided to mandate electronic logs without thinking about the consequences of their actions, they encountered one of many setbacks. When a truck is in a dock and the driver ran out of time it was illegal for them to move at all until they took a minimum of an 8 hour break. So truck companies refused to get out of docks. In a panic, the fmcsa revived an old yard move rule to handle this, but since yard moves is on duty, it really made no sense to use.

Later, fmcsa finally relented and let drivers use personal conveyance to drive to the nearest safe haven if you ran out of time at a shipper or a receiver.

So, it's my opinion that yard moves should really not be used because it was some bandaid fix, and now we can use PC time. If you're driving in a shipper lot just use drive time, it's not like you're saving a whole lot by using yard moves.

Posted:  3 months ago

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CFI wrecked my trailer. They don’t want to pay

Hi Todd,

Sorry to hear about the accident. I don't know if your an o/o or work for a company, but it sounds like your an o/o if you're going through the claims process yourself. I had a company driver hit my truck backing up. I got them to pay for the repairs but nothing else. They basically gave me an efs code for the repairs because the repairs didn't meet their deductible. They will wait you out basically, and if your looking for lost wages or rentals, you can pretty much forget about it unless you get a lawyer.

You can use your insurance if you want, but i'm not sure if it counts against you at renewal time. My gut instinct says no, but insurance is the most crooked part of the industry so i could be mistaken.

Hope you get on the road sooner than later.

Posted:  3 months, 1 week ago

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Do owners get drug tested?

Yes you would.

Posted:  3 months, 1 week ago

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Owner operator question.

Hi Franz

First of all Franz, you've been driving for 21 years. If you do not have savings in the 6 digits and the first digit should not be a 1. If you don't have the savings with no debt whatsoever, then the conversation is over.

O/o's generally trade money for freedom. For example i haven't worked in almost a month because it's the summer and it's too hot for my liking. In the winter i run southern states to stay away from the weather and if i don't find freight for a couple days, i'll go to the nearest beach. In exchange, i have the stress of five people's jobs.

Last year if you deduct the top three expenses of fuel, insurance, and maintenance, i made .80/mi. If money is your motivation and you're looking for greener pastures as an o/o, i can tell you that it's not there.

Posted:  3 months, 2 weeks ago

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Refinancing a leased company truck- when, where, how?

If it's a zero down lease, why do you need a loan?

Posted:  3 months, 2 weeks ago

View Topic:

1099 companies

Hi Garrett,

There is a right way and a wrong way 1099 companies are run. If your going to work as an independent contractor you need to have some kind of risk. What i mean is you need to own or be leasing the truck, paying for fuel, paying for repairs...something. The reason is because of taxes. Your going to be making estimated quarterly tax payments and if you don't know what you're doing your going to end up with a 5 figure tax bill come end of the year. I don't want to get too much into it, but the reason you need some kind of risk is because of write offs, which saves you a ton on taxes.

If your just jumping into a truck that the company pays for, you don't pay for fuel, all you do is drive the truck then the company is basically paying you employee wages while not giving you employee benefits, it's just that simple.

Posted:  3 months, 2 weeks ago

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Unusual load to a hotel coming up, no dock, small parking lot?

You should have a point of contact. I'd call them before hand before going there. Sometimes those crews are on a schedule and only want you there at a certain time.

Posted:  3 months, 2 weeks ago

View Topic:

TL vs. LTL

Good day friends,

I'm an o/o who works on the spot market. Most of my loads come from the big companies, the Walmart's, Sam's clubs, target's. Places that have multiple loads a day.

To the ltl people, who are normally your customers? Smaller places that don't need 53 feet of capacity? Or are your customers big places. Do you pick up 2 to 3 trailers and drop them in different yards? I'm very green when it comes to ltl. Thank you in advance.

Posted:  4 months ago

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HOS Rules; New 8/2 or 7/3 Split

Hi donna,

There's only two ways (unless i'm wrong) you will get 5:30 back after 7 hours in sleeper as long as your not driving on your 14. Conventionally, you take a 10 hour break to reset your clocks, drive 5:30, take a 7 hour break in sleeper and have 5:30 left to drive.

Or, you drove less than 5:30, took a 3 hour break, then drove 5:30, then took a 7 hour break in sleeper. After the 7 hour break in sleeper you'd have 5:30 left to drive.

You'll need to look at what your last break was before your 7 hour sleeper break.

Posted:  4 months, 1 week ago

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Do shifted loads show up on DAC?

Things that are put on your DAC report are put there by employers. You can ask your employer or look get a copy of your report. It's run by a company called Hireright.

Posted:  4 months, 1 week ago

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HOS Rules; New 8/2 or 7/3 Split

Thanks for the post Brody, i haven't really put much thought into the new split break rules. I think your saying that if you take a 2 hour break first and you want to extend your 14 hour clock, your next break has to include an 8 hour break in sleeper even if it is a 10 hour break.

However, i'm not sure that's a violation per se. You can always switch time from off duty to sleeper vice versa. So, even if you accidently take a 10 hour break in off duty, you'd just split the time up. Sometimes i take a 9 hour break off duty, and i'm ready to go, so i change that time to 8 hours of sleeper to get time back and go.

Personally, i don't like the fact that you can extend your driving time because i think it's making people drive even more than they should, but that's just my opinion.

Posted:  4 months, 2 weeks ago

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Owner not operator: a successful business?

Hi Paul,

The good news is what you want to do is doable. There are some people that have their own authority, sit at home and lease people on and dispatch loads and never leave the house.

The bad news is these people are veterans of the industry, have years and years of experience both as a driver and in business because it is a complicated industry.

If this your goal, I would say it's probably a 5-7 year learning curve with starting as a company driver and after 4-5 years transitioning into being an o/o.

It's very hard to find what your looking for except for doing it first hand, unfortunately.

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