Lodging Costs
Last but not least in my article with the real trucking expenses of an owner operator I will include the lodging costs.
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If you are traveling overnight and staying very often in places besides the cab of your truck, the lodging costs can be a significant expense towards your overall trucking expenses.
Now, things happen, and it’s all ok when you need to stay overnight at one of the many truck stops, but when it’s a regular lodging or at least two times per week, then you should definitely consider the lodging as one of the trucking expenses that eat up your hard earned dollars.
Conclusion
Whether you are new in the trucking business or a seasoned pro, these few tips and bits from above should definitely help you in finding out the real cost and the tracking expenses of one owner operator. Then you can reduce them when possible.
As an owner operator, taking full control of your trucking business offers the greatest potential for making money. But it comes with a lot of trucking expenses too, so be careful and cut where you can.
Here in this article, I’ve tried to do a breakdown of the operational costs you can look forward to as an owner operator! Use this information to plan your budget and organize your expenses.
There are many things you need to consider before you start your career as an owner operator, but the trucking expenses are the most obvious ones.
You should check with the Better Business Bureau (BBB), SAFER or even Consumer reports, the ratings of the companies you are hauling for. See where they stand! Do whatever it takes to make sure that your invoices will be paid!you should have your money deposited in your account on time.
They say: “Money turns the world around”. This is especially true when you depend on the money from the previous haul, to start your next haul!
Which is according to you the real trucking expenses of an owner operator? What is your opinion and suggestion to owner operators that are new in the business?
Did you ever use any owner operator services that you will not recommend because of their poor services? Or perhaps you will endorse for their outstanding services?
What are some of the over the road challenges you face as an owner operator? We would like to hear from you so please share your thoughts with us in the comment box below.
