Oil and gas industry trucking company in the oilfields in Northern Alberta and B.C.
We currently haul frac sand using my friends truck who I also my dispatcher. We work directly for the frac sand companies Source Energy Services and SIL Minerals. There has just been given requests from these two companies for more trucks as there is a 3 year supply of work that requires more trucks and drivers. We have the work and I have a waiting list of drivers wanting to come and work for me I’m just lacking the trucks and trailers. I have funding in place for 70% of the vehicle costs I just need the remaining and they can be up and running in a turn around of 5 business days. I currently gross 25% of the load rate as I’m using my friends truck. If I have a truck it would increase to 80% with truck and super B trailers would be 90%.
Costs are 30% fuel 22% driver wages 10% is insurance and truck payments. 10% maintenance and repairs which is higher than the general rule of thumb which is 5% but I would rather have a safe fund. Meaning 18% is profit on every load.
We can run in the oilfields for 21 days straight on the oilfield exemption rule and all my drivers that how they run with their current companies and we would stick with the same 3 weeks on and 2 - 1 week off.
My team consists of myself a driver and man of all jobs, my fiancée who is a driver and is registered for D&A testing and is going to register for the dispatcher course in September. I have Greg Dickinson who is a driver and Justin Gatto. This is the initial team and we are looking to get two trucks and to sets of super B grain trailers
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