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New Logistic Owner Operators enter the trucking business without any training. The most accurate
truck driving career advice about the trucking business is best when given by an experienced
owner operator. Understanding operating expenses is a must
for the new logistic on wheels operator, logistic is a more fancy way of saying independent trucker. The prices
of fuel have been rising with a skyrocketing pace along with the charges for insurance.
The capital involved for the trucking industry is very heavy. Trucks don't come cheap. Although
they are beautiful, these large vehicles can burn a hole in your pocket and the maintenance
cost is no lesser than the initial investment. An entrepreneur operating trucks has a lot
to look out for. Besides the huge capital expenditure involved, if a logistics owner
is not the driver of the truck, it is not an as easy task to find experienced and sincere truck driver
that will take care of the truck. Many owner operators inferred that all successful
operators set aside an emergency cash fund resource. This cash is required at times of
an expenditure which in most cases happens more often than not. Usually, this fund is
a third of the operating income which means that's less income for living expenses. With
more than twenty years of experience first as an independent driver and later as a owner
of several logistics of wheels, I am more informative than any trucker's magazine or
any trucker's news paper.