When you head out on your own as an independent owner/operator, you suddenly find yourself responsible for the upkeep of your own rig. Unfortunately, if you don't have the right rig, your business is going to suffer. However, it's not always easy to determine when, or if, you need a new rig. Take a look at the list below. If you recognize any of those scenarios, it's time to invest in a new semi.
You're Spending More Time Off the Road
When you're an independent owner/operator, you can't afford to be off the road for more than a few days each year. Unfortunately, when you're truck is wearing down, you may find yourself off the road more often than you can afford. Not only do you have to deal with the cost of repairs, you've also got to deal with the loss of revenue while your truck is out of commission. If your truck is spending more time in the shop than it used to and the repairs are getting costlier, it's time to invest in a new semi.
You're Spending More on Fuel
If your fuel costs are starting to eat away at your bottom line, the problem might not be at the pump. The problem might be stemming from your semi. While fuel costs are going up across the board, problems with your semi can lead to poor mileage, which can be disastrous for an independent owner/operator like yourself. To make sure your profits aren't being eaten away by escalating fuel costs, you've got to start with your semi. If you can't get your fuel costs under control, it's time to invest in a new truck.
You're Having Problems Meeting Compliance
When it comes to the trucking industry, state and federal compliance is essential to staying in business. If your truck falls out of compliance, you're not going to be allowed on the road, which is going to destroy your business, especially if you only have the one truck. If you're having serious issues getting your truck to meet compliance regulations, you need to invest in a new truck.
Your Business Is Growing
If your trucking business is starting to grow and you find yourself needing an additional driver to pick up the slack, you need to add a truck to your line. This is particularly important if you plan on hiring drivers who are fresh out of school and haven't had the opportunity to purchase their own rigs. Investing in another truck will allow your business to continue growing.
When looking for a different semi, used semitrucks are a great option to keep you on the road affordably. Get in touch with a used freightliner truck sales company such as Arrow Truck Sales to learn more.
