Trucking: owner operator, shipper receiver, engine warranty

Question
Hi Bob,
      i am a driver looking to be an owner operator. My question is when you deal with a freight broker , he is the one  paying for your load or what? and what is to look for when paying a used truck?

Answer
Hi Mike.

Brokers pay you and the shipper (or receiver) pays the broker.  Always make sure that your broker has a good credit rating.  Some brokers have been known to collect from the shipper/receiver and disappear!

When you get a used truck, try to get an engine warranty.  Engine rebuilds can cost $10,000 or more.  Without that warranty, if the engine blows a week after you buy it, guess who foots the bill?  If you can't get a warranty, find one with a recent rebuild AND papers to prove it.  Also look for a truck with regular maintenance.  Finally, if possible, look for a fleet owned truck.  Most fleets are very good at maintenance and you'll know it's been taken care of.

Good luck!

Bob Stephens