Is Upgrading to a 2-Ton Truck Beneficial for Scrap Iron Hauling Business?

Question:

Hello everyone, this is my first post on this platform. I have been working part-time as a scrap iron hauler for the past 25 years, and I have noticed how the industry has evolved over time. I have been using a 1967 GMC 3/4 ton truck with a goose neck trailer for most of my hauling jobs, accumulating over 500,000 miles on it. Now, I am considering upgrading to a 2-ton truck. Currently, I have a 1970 International Harvester (IH) with a winch specifically for loading heavy items. However, the IH is not street legal, so I need to transport it separately to job sites. Initially, I hesitated to switch to a larger rig due to the nature of my smaller jobs. However, I now see the benefits of making fewer trips and having a road-worthy winch truck. Despite my budget constraints, I am willing to forgo having a pickup truck and scrap the IH if necessary. My typical haul consists of 5 to 8 tons per trip. I am considering opting for a gas-powered 2-ton truck, unless I come across an older non-computerized diesel model. Additionally, I plan to invest in a larger trailer to accommodate my hauls. Does this sound like a feasible idea, or are there any potential drawbacks to this plan?

Top Replies

Opting for diesel can lead to significant fuel savings that can offset the initial investment in a medium duty truck relatively quickly. Make the switch to diesel and start reaping the financial benefits through reduced fuel costs.

I concur. A 2-ton gas truck will not provide much superior towing capacity compared to the truck you are currently utilizing.

In my opinion, running a 1 ton diesel truck, such as a Dodge 5.9 or Ford 7.3, for the past 15 years has been cost-effective. Opting for a 2 ton gas truck would be excessively pricey, in my view.

When it comes to older medium duty trucks or even 1 ton trucks, the fuel economy and power between gas and diesel options are fairly similar. The cost per mile for both types of fuel is almost equal in these older models.

I concur that the power difference may not be significant, however, switching from gas trucks to diesel vehicles resulted in a remarkable 50% reduction in fuel consumption.

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Frequently Asked Questions (FAQ)

FAQ: 1. Is upgrading to a 2-ton truck beneficial for a scrap iron hauling business?

Answer: - Upgrading to a 2-ton truck can be beneficial for a scrap iron hauling business as it allows for larger hauls, potentially reducing the number of trips needed to transport materials. Additionally, having a road-worthy winch truck can enhance efficiency and safety during loading heavy items.

FAQ: 2. What are the considerations when upgrading to a 2-ton truck?

Answer: - When upgrading to a 2-ton truck, it is important to consider factors such as the nature of your hauling jobs, budget constraints, type of truck (gas-powered or non-computerized diesel model), and the need for a larger trailer to accommodate hauls.

FAQ: 3. What are the potential drawbacks of upgrading to a 2-ton truck?

Answer: - Potential drawbacks of upgrading to a 2-ton truck may include increased initial investment costs, higher fuel consumption compared to a smaller truck, and the need for additional training or licensing requirements for operating a larger vehicle.

FAQ: 4. How does upgrading to a 2-ton truck impact the efficiency of scrap iron hauling?

Answer: - Upgrading to a 2-ton truck can improve the efficiency of scrap iron hauling by allowing for larger hauls per trip, reducing the number of trips required, and potentially increasing overall productivity for the business.

FAQ: 5. Should I consider scrapping the old IH truck when upgrading to a 2-ton truck?

Answer: - Scrapping the old IH truck may be necessary if it is not street

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