want to start my garbage trucking company

Qdiddy · #1 (**permalink**) 06-03-2008, 03:32 AM

hello everyone, im a young and eager college student, that was looking into starting my own trucking company, i want to rent out a garbage truck or maybe buy one of my own, and start trucking on my own, i know finding contracts in this line of work isnt easy, but i have family who does construction and civil engeenering so i would see a few private contracts their, now im a bit uninformed about this line of work right now, but i was hoping you guys could help me, for those of you who drive garbage trucks, did you need a class b licence to drive it, or anything else, also does the company you work for get paid through the government or through the communities that you provide service for, assuming you work your services in residencial communitites? any advice would be a big help thanx in advace

jmsconstantino · #2 (**permalink**) 06-03-2008, 10:56 AM

There is quite a-lot of overhead in being a private garbage hauler. It depends what type of vehicle you are going to use. A 10 wheeled garbage truck requires a class B. An 18 wheel combination vehicle (tractor-trailor) requires a class A. There is also commercial insurances, Highway usage permits, IFTA taxes, and tipping fees ( $ required to dump your load ) You are going to have to do some research locally in your area. Sometimes one vehicle will not cut it, then comes $ to hire, DOT physicals and more insurance. It all boils down to what you have to spend.

Qdiddy · #3 (**permalink**) 06-03-2008, 05:01 PM

Quote:

Originally Posted by jmsconstantino

There is quite a-lot of overhead in being a private garbage hauler. It depends what type of vehicle you are going to use. A 10 wheeled garbage truck requires a class B. An 18 wheel combination vehicle (tractor-trailor) requires a class A. There is also commercial insurances, Highway usage permits, IFTA taxes, and tipping fees ( $ required to dump your load ) You are going to have to do some research locally in your area. Sometimes one vehicle will not cut it, then comes $ to hire, DOT physicals and more insurance. It all boils down to what you have to spend.

ok, i did a little research about it today, went to a dump site and talked to a manager that let me know the expenses of dumping a load and from what youve told me i decided i would start out with a dump truck, doing private contracts for consturction sites and any1 needing to hual some waste, i have alot of family in the construction field so i believe it would be best to start out this way, get some solid work and then in the future work to get government contracts for residential garbage clean up when my company has made a name for itself, thanks for the reply but as i am still new to this any further advice would be helpful,
edit, me and my business partner want to start out doing the physical work ourselves (best way to know a business is starting off doing the dirty work), so apart from getting the class b licence for a smaller dump truck, i assume id need to get the highway permit as you stated as well - Qdiddy

shoeman · #4 (**permalink**) 06-03-2008, 05:06 PM

Start thinking of Truck/fuel/insurance etc... and more fuel. 5/gal!!!

Qdiddy · #5 (**permalink**) 06-03-2008, 05:10 PM

yes i understand that fuel and insurance will be a large part of the expenses, but i believe that since im lucky enough to start out with so many connections i could get pass this expense, of course ill have to talk to my contacts before making any big decisions and do the calcualtions for profit, im hope once i get the contracts down ill be set, but then again i have no idea how hard it will be to get these licences, and how much the insurance will dip into my pockets

jmsconstantino · #6 (**permalink**) 06-03-2008, 05:17 PM

my wifes uncle owns a small excavating business with a few dump trucks. he does pretty well by word of mouth. he has bees in business for 16 years and just switched insurance companies. he needed $8000 in capital available towards insurance then somewher around 14000 a year for a 1000000 insurance policy. Now he has established himself in his area and makes well over that cost in a month but he had to have it up front. Also realize on big construction jobs you do not get paid right away yu have to be able to wait sometimes 30 days for payment. while your waiting you have to reach into your pocket to keep the truck running.