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Invest And Earn Big In Haulage (truck) Business - Business - Nairaland

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Invest And Earn Big In Haulage (truck) Business by jam04(m): 11:17am On Mar 23, 2016
This is not your typical truck thread where you are enticed to buy trucks and sit back while you watch your investment grow… NO. This thread is to give you the most inner shrouded details about truck haulage. If you are not a patient investor do not go beyond this paragraph.

As a matter of fact transport business is the 3rd most lucrative business in Nigeria after oil and ICT. There are over 180m Nigerians that need to move from one point to another or carry goods. Whether you live in the rural arrears or in the city you must make use of transport. So the question I know you must have in mind now is why is the business so difficult for an investor to make any meaningful returns from? The answer is simple: GREED and IGNORANCE, greed on the part of the managers as they want to reap more than necessary and this comes about because the investor himself does not know much about the business which is where ignorance comes in.


Are you looking for a business to invest your money that guarantee and protects your capital?

Are you looking for an investment that does not require your time or presence and gives you both monthly and yearly returns up to 60%?

I am not here to sell manual or e-book. I want to share this knowledge and idea to all nairalanders and guests. This will help you know what is going on with your investment and from experience, truck managers and drivers always respect investors who know much about the business. They will be careful to give failure excuses or dupe you. This is what I do. I am a transport enthusiast and manager…

Stay tuned...

5 Likes

Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 8:18pm On Mar 23, 2016
With the current deregulation of AGO, prices have been stable and this does not reflect on the rent charged by trucks. The charge rate goes up every now and then. I will give complete breakdown of both long and short haulage trucks so you can determine which is cool for you.
Before you buy that truck first know the type of truck suitable for the particular route or business you intend to go into. Don’t buy the truck first before taking decision. This is the first mistake most investors do. Preferable long haulage trucks in the south west included but not limited to DAF 9xx series, Mack, Ford, freightliner . Short route trucks include but not limited to Iveco series, Volvo, tata and various Chinese single and double axel trucks.
Don’t be deceived if they tell you that any kind of truck can be used for long haulage. This is true but not in Nigeria where truck is subjected to harsh road conditions.

6 Likes 1 Share

Re: Invest And Earn Big In Haulage (truck) Business by OlowoB(m): 2:05am On Mar 24, 2016
Following
Re: Invest And Earn Big In Haulage (truck) Business by millhouse: 7:38am On Mar 24, 2016
Tuned
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 11:58am On Mar 24, 2016
so let's continue..

Now the financials: I will start with the dump truck category (tipping trucks) used to carry stones and sand(ogun-lagos axis). The model most desirable is IVECO-190/36 brand.

Truck cost: 3.8m

Bucket body: 2m

Tires: 4pcs at 57,000 each which is 228,000

Papers and miscellaneous: 150,000

Total is 6,178,000

Now there are 2 periods during the year for dump trucks in the real estate industry, the dry and wet seasons. During the wet season, trucks don’t do many jobs because of the terrain especially new sites and this affects the monthly returns. Dry season is the peak period for haulage trucks and returns are significant. I will give a detailed breakdown.
For every inter-state trip the truck does, your return is 20,000 and this is your profit, all expenses and wages have been deducted. Some good days truck do 2 jobs so this translates to 40,000 per day. The beauty of this industry is that construction activity happens every day so there is need to move stones and sand.

The solution to know whether your truck went for a job or not is to install trackers. With the improvement in technology it is now possible to install tamper proof trackers which you can monitor either on your mobile phones, tablets or PC. If you are not available to manage your truck yourself you MUST install movement and weight trackers. this will give you rest of mind and further grip of things going on

Pls feel free to ask questions as I continue..

1 Like

Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 10:26am On Mar 26, 2016
20,000 naira per trip X 6……120,000 weekly and 480,000 monthly
6 trips is the worst case scenario in a week during the peak period. Most weeks end with 7 or 8 trips but for the sake of not sounding too good to be true, I limited it to 6 trips in this article. Do not forget that it is easier for you to know the movement of your truck through trackers.

I know some folks will say it is not as easy as the Op just painted it, I am sorry to break your heart, it is 100% so. To safe guard your investments sign an agreement with whoever wants to handle your truck. Do not, I repeat do leave your truck without signing a tenable agreement detailing the operations of the truck and the liabilities.
The best agreement is the one whereby you are not involved in the daily maintenance or repair of the truck. All truck maintenance and daily running are handled by your management company whom you contract the truck to. This agreement type give you rest of mind as you are not bothered by stories of delays or breakdown. The only thing you hear monthly is bank alert.

1 Like

Re: Invest And Earn Big In Haulage (truck) Business by Darlington08(m): 4:44pm On Mar 31, 2016
What of cost of maintenance?
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 5:16pm On Mar 31, 2016
Darlington08:
What of cost of maintenance?
All these are bore by the manager. This is the best form of management. Never try to handle maintenance, this is a secret conduit to rip off owners

1 Like

Re: Invest And Earn Big In Haulage (truck) Business by Dovy: 5:55pm On Mar 31, 2016
Pals help me out i need loan up to 650k before tomorow, i will give the person 700k in One Month. call me on 08067835822

1 Like

Re: Invest And Earn Big In Haulage (truck) Business by onoslove(f): 7:26pm On Mar 31, 2016
jam04:

All these are bore by the manager. This is the best form of management. Never try to handle maintenance, this is a secret conduit to rip off owners
Pls where is your base
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 7:41pm On Mar 31, 2016
onoslove:
Pls where is your base

Abeokuta in Ogun state. Major operation route is Ogun to Lagos.
Re: Invest And Earn Big In Haulage (truck) Business by Rooneyboy(m): 11:31pm On Mar 31, 2016
jam04:


Abeokuta in Ogun state. Major operation route is Ogun to Lagos.

following with keen interest

1 Like

Re: Invest And Earn Big In Haulage (truck) Business by SundayP: 4:01pm On Apr 01, 2016
I need you contact details you can send it to pirosaw@yahoo.com
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 7:02pm On Apr 01, 2016
SundayP:
I need you contact details you can send it to pirosaw@yahoo.com
07069457328 olulay @ ya hoo.com

Questions are welcomed on the thread also
Re: Invest And Earn Big In Haulage (truck) Business by newacca: 4:47am On Apr 02, 2016
jam04:
This is not your typical truck thread where you are enticed to buy trucks and sit back while you watch your investment grow… NO. This thread is to give you the most inner shrouded details about truck haulage. If you are not a patient investor do not go beyond this paragraph.

As a matter of fact transport business is the 3rd most lucrative business in Nigeria after oil and ICT. There are over 180m Nigerians that need to move from one point to another or carry goods. Whether you live in the rural arrears or in the city you must make use of transport. So the question I know you must have in mind now is why is the business so difficult for an investor to make any meaningful returns from? The answer is simple: GREED and IGNORANCE, greed on the part of the managers as they want to reap more than necessary and this comes about because the investor himself does not know much about the business which is where ignorance comes in.


Are you looking for a business to invest your money that guarantee and protects your capital?

Are you looking for an investment that does not require your time or presence and gives you both monthly and yearly returns up to 60%?

I am not here to sell manual or e-book. I want to share this knowledge and idea to all nairalanders and guests. This will help you know what is going on with your investment and from experience, truck managers and drivers always respect investors who know much about the business. They will be careful to give failure excuses or dupe you. This is what I do. I am a transport enthusiast and manager…

Stay tuned...

Wow! You are such an informed man in this area of business investment. I would like to meet you. smiley I have attachment to Abeokuta; I'm actually a local.
I would like to hear from you. The mobile number you shared, is it on Whatsapp?
I would be looking forward to hearing from you.
Thank you.

1 Like

Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 6:45am On Apr 02, 2016
newacca:

Wow! You are such an informed man in this area of business investment. I would like to meet you. smiley I have attachment to Abeokuta; I'm actually a local.
I would like to hear from you. The mobile number you shared, is it on Whatsapp?
I would be looking forward to hearing from you.
Thank you.
Thanks for the compliment. Yes the number is on whatsapp..07069457328
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 10:52am On Apr 14, 2016
Fg is not ready to invest in rail for haulage transport, so trucks are still the main deal right now. Take advantage of the opportunity and take charge
Re: Invest And Earn Big In Haulage (truck) Business by Ogazyduby: 2:49am On May 15, 2016
Assuming my driver delivers goods from Lagos to Abuja. On his way back he picks load to Lagos and he doesn't remit the proceeds to me because he knows that there is no way I will know he carried load. Is there a way I can know, e.g mounting camera?
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 12:12pm On May 15, 2016
Ogazyduby:
Assuming my driver delivers goods from Lagos to Abuja. On his way back he picks load to Lagos and he doesn't remit the proceeds to me because he knows that there is no way I will know he carried load. Is there a way I can know, e.g mounting camera?

That's one major way owners lose in truck haulage. Curb this by installing latest car trackers, this monitors speed and weight. Cost less than 70k

1 Like

Re: Invest And Earn Big In Haulage (truck) Business by akaahs(m): 5:43pm On May 15, 2016
Hi sir, pls i'll like to know how much a fairly used contonou truck 'll cost and the cost of new one. Pls can i have a sample of contract agreement between a company and d owner or the driver or both. U can email me at akaahs2014@gmail.com
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 5:55pm On May 15, 2016
akaahs:
Hi sir, pls i'll like to know how much a fairly used contonou truck 'll cost and the cost of new one. Pls can i have a sample of contract agreement between a company and d owner or the driver or both. U can email me at akaahs2014@gmail.com

I haven't bought through cotonu before, all our trucks were bought from Lagos, Abeokuta and Ibadan
Re: Invest And Earn Big In Haulage (truck) Business by Ogazyduby: 7:54am On May 16, 2016
jam04:


That's one major way owners lose in truck haulage. Curb this by installing latest car trackers, this monitors speed and weight. Cost less than 70k
Thanks. I will appreciate if you can share a dealer contact and/or a brand of vehicle tracker that monitor weight. Thanks again.
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 2:53pm On May 16, 2016
Ogazyduby:

Thanks. I will appreciate if you can share a dealer contact and/or a brand of vehicle tracker that monitor weight. Thanks again.

Try cartrack or ctrack..
Re: Invest And Earn Big In Haulage (truck) Business by Exxkay(m): 5:26pm On May 16, 2016
Ogazyduby:
Assuming my driver delivers goods from Lagos to Abuja. On his way back he picks load to Lagos and he doesn't remit the proceeds to me because he knows that there is no way I will know he carried load. Is there a way I can know, e.g mounting camera?

Contact me on vehicle tracking, My company works and track for some of the best investors in Nigeria, companies like Dangote, Nigeria Brewery, Elephant Cement etc
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 5:57am On May 17, 2016
Exxkay:


Contact me on vehicle tracking, My company works and track for some of the best investors in Nigeria, companies like Dangote, Nigeria Brewery, Elephant Cement etc
What is the name of your company and address?
Re: Invest And Earn Big In Haulage (truck) Business by Exxkay(m): 9:02am On May 17, 2016
Nova Track Limited

11-12 Ibiyinka Olorunbe Close,

Victoria Island, Lagos, Nigeria

www.novatrack.net

sales@novatrack.net

Call me on 08027709006 for more info...

Thanks
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 12:14pm On May 18, 2016
thanks.. will check you out
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 10:29am On Apr 03, 2017
jam04:
This is not your typical truck thread where you are enticed to buy trucks and sit back while you watch your investment grow… NO. This thread is to give you the most inner shrouded details about truck haulage. If you are not a patient investor do not go beyond this paragraph.

As a matter of fact transport business is the 3rd most lucrative business in Nigeria after oil and ICT. There are over 180m Nigerians that need to move from one point to another or carry goods. Whether you live in the rural arrears or in the city you must make use of transport. So the question I know you must have in mind now is why is the business so difficult for an investor to make any meaningful returns from? The answer is simple: GREED and IGNORANCE, greed on the part of the managers as they want to reap more than necessary and this comes about because the investor himself does not know much about the business which is where ignorance comes in.


Are you looking for a business to invest your money that guarantee and protects your capital?

Are you looking for an investment that does not require your time or presence and gives you both monthly and yearly returns up to 60%?

I am not here to sell manual or e-book. I want to share this knowledge and idea to all nairalanders and guests. This will help you know what is going on with your investment and from experience, truck managers and drivers always respect investors who know much about the business. They will be careful to give failure excuses or dupe you. This is what I do. I am a transport enthusiast and manager…

Stay tuned...

Re: Invest And Earn Big In Haulage (truck) Business by markbenny(m): 9:33am On Feb 18, 2018
[quote author=jam04 post=55217293][/quote]



I found this thread very useful, I wish the conversation can continue, alot of knowledge and insight
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 12:25pm On Feb 18, 2018
markbenny:




I found this thread very useful, I wish the conversation can continue, alot of knowledge and insight

Thank you
Re: Invest And Earn Big In Haulage (truck) Business by markbenny(m): 1:08pm On Feb 18, 2018
jam04:


Thank you

are you still into haulage? can I contact you personally for more insight? I am a fleet manager with one of the biggest haulage companies around, I want to start my own Service with a truck
Re: Invest And Earn Big In Haulage (truck) Business by jam04(m): 7:49am On Feb 20, 2018
markbenny:


are you still into haulage? can I contact you personally for more insight? I am a fleet manager with one of the biggest haulage companies around, I want to start my own Service with a truck

Yes we are..

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