Successful Owner Operators Have 5 Things In Common

[@benjaminfranklin2776]

Hello what's the best way to get started with trade cos I've been making my personal research for a while now

[@craigmertz1994]

I start with $2,500 at February 26 and I'm almost at $21k now! all thanks to Sharon

[@benjaminfranklin2776]

@@craigmertz1994 Doge?

[@ahmedhussain8407]

@Vido jimenez started my investment with her with a sum of 750$ now I'm at 4200$

[@ahmedhussain8407]

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[@lex7724]

How do I get into these if I'm in newyork?

[@bonnieanderson429]

I couldn’t pay my bills on 1.95 per mile with the way inflation is right now.

[@dbacon03]

Total engine runtime of the old truck 393h vs the new trucks 245h definitely doesn’t help

[@eliasmuniz4902]

I noticed that too. Over 150 hours of run time down the drain.

[@productsimade4269]

"Don't live in the movie", I love that.

[@NorthAmerican-Trucking-News]

thank you

[@kentr2424]

#6 The truck must, MUST, be reliable!! The truck makes no money when it's sitting in the shop - and that applies to both company drivers and lease/owner operators!! "If your wheels ain't turning, you ain't earning". #7 You've got to be willing to run hard - 11,000 miles per month or more, meaning you're on the road an average of 25 to 27 days per month. Again, "if your wheels ain't turning, you ain't earning". Ronen, you said that the minimum rate should be $1.75/mile for Canadians, yet you only pay your van/reefer guys $1.53 + your fuel discount and fuel surcharge. Your minimum rate should go UP - at least to that $1.75, and so should your fuel surcharge paid to the lease/owner ops (this is variable based on fuel prices of course). Yes, you'll have to charge shippers more, but so what? Drivers gotta make a living too....

[@oshomaenigwana4527]

Thanks,for those points

[@edwinramirez5850]

I think Roman is paying low

[@jamesbass9797]

@Viewers choice -- Who are they? Name them please. Thanks!

[@jamesbass9797]

@Viewers choice -- Scotlynn does not employee truck drivers. They are brokering their freight out to trucking company's. Anyone else?

[@jamesbass9797]

@Viewers choice -- Wrong! Got the info straight off their website.

[@davidspez7267]

It's the people that make Canada, not the government. I love the big bonnet but not the big fuel bill. Thank you Ronen, your attention to detail is greatly appreciated.

[@NorthAmerican-Trucking-News]

Well said appreciate the comment.

[@evguenimertodjan9783]

Ronen thanks for a clear picture and good info!

[@rp1645]

Thank you so much for talking about this. There are Class 8 Drivers that swear by the LOOK of those old Trucks. I bought a 1971 SeaGrave Engine. Only for the Look of cab design. I grew up loving seeing those in Firefighting magazine I did NOT buy it for fuel efficiency. I got it to restore, for kids to enjoy, get in just maybe it will pay off, that they choose a Firefighter career Job. Saying that it's money out of my pocket Driving it, all you drivers want to take home more income, don't get Truck based on Looks Another big MUST is using right OIL. Not a salesman for Chevron DELO 600, but boy look at the specs. about ASH cut down.in the DPF That cost money when DEF is clogging. It claims to extend service life of DPF 2.5 present.

[@neteaadrian1654]

Very good educational video,thank you.

[@NorthAmerican-Trucking-News]

You are welcome!

[@domingofernandez4359]

I can’t get enough of this Chanel. Always looking forward to your next video that’s always packed with amazing info.

[@NorthAmerican-Trucking-News]

I appreciate that!, please help us grow the channel with sharing the content, appreciate the feedback.

[@HunterPBrown]

I'll get my apu in May. I hate wait lists...

[@andyg2591]

When it comes to being a o/o there is way to many factors, I run local construction dirt work. I made 2.60 a mile every mile driven including driving to shops for repairs test drives etc for 2021, I am paid by the hour for work.

[@jeffreyreyes949]

Nice one! Don’t live on the movie… your channel is very informative.

[@timothydobrynski9028]

But you also have to look at his idle time if that is freaking horrendous if he would go get a APU that would probably cut that extra 500 gallons of fuel in half if not being the same cost as the Cascadia is being somebody who drove the Cascadia they’re awesome also I love the idle fuel saving futures that it has like the Coronado with it the right APU either battery or diesel would probably have the same amount of fuel cost to be honest

[@paramgujjar]

Your Channel is the only one, who's notifications are turned ON among my subscriptions

[@NorthAmerican-Trucking-News]

i really appreciate that. Thank you

[@diesel266]

As always, nice work Ronan..well there's truck drivers that own trucks and then there's owner drivers that own trucks.. not hard to work it out yeah.. why work your butt off for the nostalgia, recognition of driving a W900..its nice looking in the shop windows when driving past..awesome for ones ego..I did from 1981 to 2005..those days are over!!! I now have Volvos built in Australia for Australia. The most fuel efficient and reliable truck on the market. they've released the Cascadia here last year..lets see what happens..dont know if it will be reliable hauling 120t gross weight..they are already having problems with air flow under the cab. Too much trapped heat. Who doesn't love a Kenworth but they are still stuck in the 1950's so don't go there. Western Star (poor mans Kenworth) is a fantastic truck..my son drives one in our family business..he wouldn't drive any thing else..just can't buy one till 2023 and I believe its a new model so not sure how that will handle our Outback. The Xbomb15 Cummins are being rebuilt at 500K.

[@jessehill7999]

41% idle time too he ran 5.9mpg

[@NorthAmerican-Trucking-News]

YEP,

[@gwenchsaunders995]

Thanks for all the great info. I'm in the process of becoming a driver. Your information has really given me great perspective on whats to come. Thanks

[@GrdDog]

Hey Ronen have a question for ya with the push for "zero emission" semi's being sought; what do you think the odds are that owner operators/ small businesses are going to be able to stay in business vs the mega carries that have invested in the electric Semi's like Knight/Swift has?

[@dustincrook3565]

The mega carriers can't deliver on time like smaller companies

[@willarddevoe5893]

I'm better for watching, however, #2.Aerodynamic-new.. New Coronados still have aluminum bodies and usually light Alcoa rims. It's the weight, the drive train, and the wheels. A quiet truck is also going to be driven gentler. A square radiator gets worse mileage because of hype, and hardly drag. About #4. Isn't it possible that our favorite loyal accountant could brush up and learn trucking nuances?

[@HectorGonzalez-ty2jg]

Sure they good if is payoff i take a long hood if pay off the key is have ur truck pay off it dont matter if aero or long hood

[@shermanleung5839]

APU's are worth it if you are in driving in hot climate most of the time. But it's not worth it for drivers in the North. I have a bunk heater instead so I don't have to idle my engine during the winter. Our extreme hot summer is very short so if I had to idle the engine, the cost of fuel would be a lot less than investing in an APU.

[@joyona7430]

Thank you very much Ronen. I continue to learn from your sound business principles. I believe much of what I am learning from you can be applied to many kinds of small independent businesses. I believe if I never give up and continue to learn from you and keep all my irons in the fire; a day will come when I will be able to invest in buying a new truck and find an inspired trucker who has the self discipline and independent business savvy to invest in himself and be the one to drive the new truck I buy right off the lot. He will lease through both of us and by practicing to handle his income wisely be able invest in himself thus benefit himself and all of us. It's a win, win, win and It is as close as I can get in this lifetime to becoming a trucker. I do not expect you to invest your time in me at this point unless it is to give me a heads up if my plan is unsound due to a lack of understanding on my part that there is a possibility of my being able to invest in a join effort through your business to manifest this idea I have to combine our efforts for a shared success for the benefit of all involved. I fully desire to continue to learn from you and others have to offer. I will not ask you any more questions. I will be auditing your channel only. I think your channel is inspired. Your channel is the best educational program I have ever experienced. Sound business principles are beautiful to contemplate. They are a beautiful road map to greatest possibility for ultimate success. I am a writer, artist and home economist and I want to take my independent "home economic business savvy" on the road for the benefit of myself and others. I can make one dollar do the work of ten and I am working toward being able to make on dollar do the work of $100. I am currently designing small "micro economic engines" to launch start up small businesses. The product I will be taking to market is the book I am in the process of writing to document that the methods I use work. "Micro economic engines" are designed to deliver the maximum possibility of long term success and growth. A writer writes but I will follow this long comment from now on with a simple "thank you'" in the comments section and of course a thumbs up! to support your channel on KZbin.

[@NorthAmerican-Trucking-News]

hi thanks for the comment, and best of luck on the book and new project. (RONEN)

[@javiercadena206]

analytics are great but what was the weight of the loads..add that to your next analytics plz..

[@claudem.p.7969]

Excellent video.

[@kenthai6596]

What is the softwware you use to manage your trucking company? Thanks in advance

[@user-ov1mn8zg3e]

im finna recommend et transport to all my bros

[@mrwonderful2081]

The clapping part was cute at 5:04

[@airjam001]

I wish I was working with ET, before I started my lease with another company,

[@williekaminski3705]

Did the coronado driver have an apu or idle alot? Coronado really isn't a terrible rig for fuel economy, all things being equal.

[@shermanleung5839]

I go thru a lot of hills a valleys, there is NO WAY I could get 8mpg hauling full loads.

[@eugeniujosanu279]

Question , since ther is a lot about fuel saving , why isn t he talking about the fuel lose during the regen or the necessary fuel amount to burn /clean the dpf filter .

[@khaldi1078]

I have a question please Under the deduction row What dose “Hold back” means?? I see a 5000 $ is considered as a Hold back Thnx

[@Hypnotikshiva]

2015 freightliner cascadia DD13 average mpg 6.5 ☹️

[@Edandpuppy]

It's the rear end gears not the nose

[@MAKEITGROW72]

So how’s this affect the price is at the grocery store?

[@dave-kp1vy]

how about 2022 T-680 NexGen with a 15L Cummins versus new improve 2022 MX-13 Engine

[@NorthAmerican-Trucking-News]

honestly, i dont have much luck with Fuel consumption and cummins engines.

[@Gamingeek14]

As of 3/9/22 gas reached $5 a gallon in certain areas of the country

[@NorthAmerican-Trucking-News]

YEp, i am keeping an eye on it.

[@jmh4ggg]

It's going up another 40 cents tommorow, 3/10/22

[@aren8443]

i’m a company driver providing 7000 miles every 14 days grossing around 6000$

[@NorthAmerican-Trucking-News]

Good stuff, thanks fo rthe comments

[@golloherera1934]

Can you involve mexico trucking industry

[@NorthAmerican-Trucking-News]

i dont have the data, im sorry.

[@TheSeeker372]

Hi!

[@DavidMartin-sw3wx]

$1.95? If you think that's what owner ops should be making your sadly mistaken, if your not getting $3.00 a mile in today's market you won't be around long, first breakdown will put you under since parts have almost doubled not to mention the time it takes to get any parts ordered

[@ykno321]

Me personally. It isn't worth it anymore being an owner operator anymore with the Increase cost for everything. You'll be doing more miles and more work just for the same pay in the future. Lower net profit. Since remote jobs are the rise. Work a local job try to get your bachelors online is the best bet for future proofing. Invest in the stock market. Or like this dude who does KZbin

[@mike-sk2li]

I invested 5k in oil futures 2 weeks ago. As of me writing this I made 20k. Next investment will be DEF.

[@NorthAmerican-Trucking-News]

Nice work!

[@fydlogisticsinc3346]

Your comparison between the coronado and the cacedia is not completely true in ur charts it clearly shows that the coronado was running/idling much longer then the cascedia so or course it used more fuel so when you only look at gallons of fuel and cost of corse the cascedia will take the cake

[@thejoelguy1]

The nose of the truck has very little to do with fuel, the "flat nose trucks" tend to have bigger engines (liters) and lower gearing than the freight-shakers which leads to more fuel consumption. The Freightliner is the perfect truck for big companies that want the best fuel economy and are only interested in keeping the trucks for 3-5 years and then roll over. For the individual who only buys one truck equity in the truck and reliability are more important. The banks that loan to individuals prefer trucks that don't loose 40k ++ of value in the first 2 years of the loan. Freightliner, Volvo, International= higher interest rates for us the little guy. In fact, so much so that just the interest rates alone erase the fuel savings of the shittier, highly depreciating streamlined trucks. Also, Daimler, Vanguard and Paccar all guard their maintenance software with a BIG$$. If you are a big company (100+ trucks) and have your own maintenance shop it pays to save fuel by buying these trucks because you can purchase the maintenance software for your own shop. Cummins is the only open source engine platform left and they know it. That is why all trucks that are Cummins/Manual hold their value better by up to 60k and offer the little guy a platform that is DIY friendly. Ronan I watch all of your videos and I aggree with all your points except the flat front truck thing. I would say that you should replace the fuel consumption point with this: all successful owner operators that I know have learned how to become THEIR OWN MECHANIC. More owner operators fail because they are paying these shops $150-$250 an hour while they sit making no money because they have only one truck. Every smart big company has THEIR OWN organic mechanical shops. Us little guys need to realize that if I am a 1 man, 1 truck company that means I have to play that mechanic role too. I would say that regardless of your mechanical abilities if you want to be an owner operator and are not willing to learn how. To work on your own truck YOU WILL FAIL. Trucks O/O can work on: Old trucks with Cat, Mack, International, Detroit, Cummins. New trucks with Cummins.... Suddenly the corporate plastic trucks don't make sense. If you've had good reliability out of the Cascadia/VNL trucks that's awesome and probably do to buying them new financing them at corporate interest rates and trading them around the 500k mile mark. Us little guys know that a Cascadia/automatic in the the 500k-1mil mile mark does not get 8mpg any more. Loses so much value in that part of its life it pretty much puts us out of business because you can't rebuild and keep rolling like a Cummins truck. And you won't have anything to trade in because they aren't worth more than a minivan from the 90s with 1.1mil miles on it if they even make it that far.

[@jaswindersingh-rq4tb]

Hello bro I have more experience truck driver..... Please I need Job in Canada.

[@604h22a]

No no stay is india

[@DB-qm4jx]

Your not even sitting on the hood of the truck in the thumbnail. And you use weird backdrops. I’m sick of all this I’m subscribing on all my families devices so you have to deal with us asking for more fake thumbnails