Hello, I am seeking some honest advice. As a retired UPS feeder driver, I still want to utilize my CDL. I am contemplating purchasing a quality used dump truck instead of working for someone else, as many trucking companies are currently hiring. I am hesitant about converted tractors, as I believe they may be too light due to their front axles typically being in the 1200-pound range. I am unsure whether a tri-axle would be a better investment than a tandem axle. Major contractors who hire owner operators for blacktop road projects might prefer tri-axle trucks. I will be relocating to Maine, where hourly rates are lower compared to Massachusetts. I am unaware of the rates for tandem or tri-axle dump trucks in Maine. It puzzles me how someone can pay $150,000 for a dump truck and earn the same hourly rate as someone who paid $50,000. I understand that new trucks may require less maintenance initially. My goal is not to work excessively long hours but to cover costs, make a profit, and enjoy the job. Is it achievable? Any helpful advice is appreciated. Thank you. - Jeff
Are you looking to haul materials for residential or commercial/industrial purposes? For residential projects, a single or tandem truck would suffice, while for commercial/industrial jobs, a tri or quad truck would be more suitable. When it comes to hourly rates, it suggests that you may be looking to subcontract your services for commercial/industrial work, which requires higher volume capacity typically found in quad trucks. In terms of efficiency, a tri or quad truck can handle 50% to 150% more load compared to a single or tandem truck, making it a more cost-effective choice. However, residential work allows for more flexibility in terms of customizing your schedule and hours. Ultimately, most contractors prefer to have access to your services on demand for as long as needed, whether it be for a day, week, or month. It is essential to consider whether you can still make a profit after deducting all expenses, such as payments, repairs, maintenance, fuel, and other costs associated with operating the truck, while also enjoying the work.
Prior to purchasing a truck, it is highly recommended to test drive a few options from different sellers. This firsthand experience can greatly assist in determining the best fit for your needs and preferences, helping you make a more informed decision on whether to proceed with the purchase.
Thank you for your response. I believe that purchasing a tandem truck would be more cost-effective in terms of buying, repairing, registration, and insurance costs. Using a tri-axle truck to carry more material can result in additional wear and tear. I have compared Maine's hourly rates for dump trucks and found that the difference between tandem and tri-axle trucks is only about $5 per hour more for the latter. However, there may be potential for significant residential work opportunities. I am considering entering this venture without taking on any debt, but the truck would still need to generate enough income to cover its own costs. Thank you once again. Jeff
In Maine, the maximum weight limit for registering a 10-wheeler is 55,000 lbs, which is equivalent to a 12-yard load. Pike and other companies frequently hire Tri Axle trucks for transporting mix during paving season. It is recommended to contact them first, as they may offer competitive rates up to $80.00 per hour.
Flyingpassage mentioned that Maine's hourly rate for dump trucks is only 5 dollars more per hour for tri axles compared to other states. Debates about the added expenses are common, similar to the choice between running tandem or triple axle trailers in North Dakota. Using conservative estimates, a pusher can potentially generate an additional $10,000 in revenue per year. Even if the extra weight leads to a slight decrease in fuel efficiency, the costs can be offset by the increased earnings. Additionally, factoring in expenses for new tires and licensing fees, the overall financial benefit of using a pusher remains significant.
Answer: 1. What are the key considerations between purchasing a tri-axle and a tandem axle dump truck? - Answer: Tri-axle trucks may be preferred by major contractors for certain projects, while tandem axle trucks could offer advantages in other scenarios. Understanding the specific demands of the job and potential clients is crucial in making this decision.
Answer: - Answer: Hourly rates for dump trucks can vary between states and regions. Researching the market rates in Maine for tandem and tri-axle trucks will be important for determining the profitability of your venture.
Answer: - Answer: While initial costs and maintenance requirements may differ between new and used trucks, factors such as reputation, reliability, and quality of service can also influence the rates an owner operator can command. It's essential to provide excellent service and build relationships with clients to remain competitive.
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