Small Fleet Owner (How it Starts & Multiple Trucks)

ATTENTION ALL Truck Drivers, Owner Operators, and those considering joining our industry as Fleet Owners!!!
Ronen answers the million-dollar question in this video: where does one begin their road to become a small fleet owner?! Opening your own trucking company comes with a lot of costs and problems, but it also comes with a lot of benefits and may be incredibly lucrative if done correctly.
Start small! Perfect your system! And work your way into growth!
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[@TrickyMickTrucking]

Thank you for the honesty at 1:08, if you don't have $50k down, you aren't ready to own multiple trucks. That is really solid advice.

[@NorthAmerican-Trucking-News]

Thanks for the positive feedback!

[@Sirrvick01]

Thank you for this video. Really appreciate it.

[@Galleonic]

Great info and advice, what I like about your videos is you keep the videos short and straight to the point without talking lot of BS to make the video longer. Thank you

[@Tonycarguy]

I’m a new driver fresh out of school in Alberta. These informative videos are great. Learning new tips and tricks with every video.

[@shashankarora7458]

You are an inspiration to me!

[@johncampian6243]

Hi Ronen, All your posts are very educational for people who are in transportation industry. I really like it 👍 and I’m very thankful for it. Keep going on, you do a fantastic job.

[@NorthAmerican-Trucking-News]

Thank U Appreciate the positive feedback

[@AB-nu7wr]

I was genuinely considering moving to Canada to sign on with ET but hearing you're opening up in the US is incredibly exciting, can't wait to hear more in the future!!

[@NorthAmerican-Trucking-News]

Thank u Appreciate the positive feedback

[@JohnnieMiller-hg1cy]

Thank you so much

[@SIRSWAUN.]

Great info.🎉

[@kingtrumpet123]

thanks Ronen, you always add a lot of insight in your vids , Yes, having a shop and "the know how" to fix stuff would definitely save a lot of money on repairs

[@william1998cc]

another great video Ronan

[@NorthAmerican-Trucking-News]

Glad you enjoyed it

[@brokentoes6721]

Wow! I'm impressed. Good video.

[@NorthAmerican-Trucking-News]

Thank you very much!

[@picoleleu]

I'm in process to get my lorry (hgv) license at moment and I pleased how is important, inspiring your videos knowledge to my future career. Same day I'll became owner operator in future because your tips. God bless you from 🇬🇧

[@NorthAmerican-Trucking-News]

Ahhhh Thank u for the positive feedback

[@robertovillalon2841]

Thanks!

[@NorthAmerican-Trucking-News]

Thanks for watching!

[@williamq5627]

Thank you very much!!

[@NorthAmerican-Trucking-News]

U welcome

[@rolltide1190]

Ronen you do it all

[@carlosvital5805]

I like the 50 % down before any movement thanks

[@ShannanThomasTrucking]

I agree.

[@NoobsofFredo]

Interesting to hear that you're opening up a yard in Atlanta. That's about an hour away from me, so might think about applying once I've got my 2 years of experience.

[@NorthAmerican-Trucking-News]

Awesome, Flattered by all the positive feedback

[@ShannanThomasTrucking]

I agree Ronen... I am currently planning to do this within my current carrier I'm signed on with ...for just starting out ..the savings on insurance and network we share is invaluable to a startup. I always go over the numbers and projections and it just makes better sense to start out with the safety net . 💯 Partnering up like this is against alot of guys' pride factor . FOR ME, I see how much it can protect and potentially save my business from unforseen disasters. ALSO, having a plug of their dealership allows me to get equipment and financing if needed whenever I need another truck with walkway leases (fee involved) if anything doesn't work out ... no bank financing can offer this .

[@NorthAmerican-Trucking-News]

Nice Thanks for the comment Appreciate the feedback

[@savagemike9967]

Good lord 2.25 a mile and all on road paid for?! Sign me up lol why does “ all on road expenses” detail exactly

[@ladiesman860]

GREAT ADVICE.....😎😎😎😎😎😎

[@NorthAmerican-Trucking-News]

Thank u

[@richardgall6110]

Here is the real deal : Win the lotto. Take the money and buy a large car and trailer. Go trucking... UNTIL... you run out of money. (Buy a second truck if you want to speed things up.)

[@Justt-y1b]

Very informative... wish I found this channel earlier in my career..👍

[@Riighthandtrucking]

That was not bad I like it

[@NorthAmerican-Trucking-News]

Thanks

[@hasnainali.17]

GOOD SHORT VIDEO , kindly put info. on good CDL schools with reasonable fee and admission process.

[@kajg4236]

More videos on this topic plz

[@NorthAmerican-Trucking-News]

Will do

[@domingofernandez4359]

Come on Ronen. Why not Pennsylvania. You killing me here 😤🥲🙏 you guy’s the best. I mite have to move to Atlanta.

[@NorthAmerican-Trucking-News]

Lol Thank u PA, I don’t have any connections in PA :(

[@ryanwilliams4270]

I used to be a truck driver; I left the industry, but I'm entertaining the idea of buying a truck and starting a side business to grow. I'm not interested in driving the truck myself. Do you think something like that could bring in enough profit to be worth the investment?

[@Dan-hz2br]

I'm curious. What does "pay for all your on road expenses" mean? Do carriers pay for fuel or is that something you would have to negotiate?

[@brucebrown5464]

I been a company driver for 7 years I get 30% of the load been thinking about buying a truck any ideas f

[@domingofernandez4359]

Please let us know where in Atlanta you guy’s will open up so I can start planning my move 🙏😂

[@NorthAmerican-Trucking-News]

Thank u Will keep everyone posted

[@Austintwo3]

sooo dont work for a small start up? idk if i like that statement

[@JoseRodriguez-gr4tg]

Could you elaborate on your reasoning of NOT opening an authority until you reach 5 trucks? Me and my wife bought our truck and trailer a year ago, at that same time got our authority. We have been very successful so far. We keep our overhead low and our revenue is high. We want to buy a second truck with 50% down as you mentioned and a trailer caah and still have 50k in Reserves. If you would got into more detail about the authority it would be great! Appreciate all the insight.

[@NorthAmerican-Trucking-News]

R u currently working with your own authorities ?

[@JoseRodriguez-gr4tg]

@@NorthAmerican-Trucking-News yes, we have been running our authority a little over a year now.

[@parveshsingh8756]

Driving Cascadia 2022 , 3.08 ratio doing flat bed to 🇺🇸, most of the time running under 50,000 lbs still getting 6.1 mpg. Tried everything mpg not going up

[@Deleteguest]

I drive a 2019 Kenworth T680 and I can't get 8.5 mpg unless i'm bobtailing. Otherwise it's around 6.8 when I have a dry van with only like... 15k-20k lbs loaded on it. I don't know how he's getting 8.5. My truck is an aerodynamic daycab by the way. I wouldn't know how you get 8.5 hauling anything loaded unless you're hauling an empty van with a deleted truck

[@NorthAmerican-Trucking-News]

Something wrong What engine u have?

[@austro3852]

Autonomous will take that away. Sadly it's the true. Or please explain me because I'm not sure trucking it's a good opportunity to invest for now on.

[@lewismycal]

What does that say about me? I work for Wellington in the United States. But they're based out of canada and if dispatches and canada

[@NorthAmerican-Trucking-News]

Hmmm

[@troquerolocochon]

Hey brotha. I had a question for you. Is it work buying a truck right now. Im looking to become an owner operator. But with everything going on in the world im not sure if its a good idea.

[@Deleteguest]

As long as you don't plan on going to California, you're better off buying an old truck and financing an out of frame engine rebuild. That's just my opinion though.

[@azarbashir4429]

@@Deleteguest best method

[@troquerolocochon]

@@Deleteguest damn lol i actually live in California

[@NorthAmerican-Trucking-News]

Depends who u are going to work for and Pay package U need to take into accounts todays truck prices. Rates need to be above average

[@pokerman9108]

50% down on new trucks... nah Im good. i would rather rent trucks for .32 a mile.

[@Kingg_G]

Thank you, that’s a waste of start up capitol. I’d rather put that down in 4 trucks and pay on the principle and not just the interest.

[@vladsalonzo]

This channel is like grabbing the hand of GOD!!!

[@NorthAmerican-Trucking-News]

Lol Thank u Appreciate the feedback

[@prakashdangi4163]

India truck driver

[@noneofyourbiz6885]

If you feel like this guy is trying to sell you something your right