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How Best To Start Haulage Business - Investment (2) - Nairaland

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Re: How Best To Start Haulage Business by Midecuc(m): 5:43pm On Oct 28, 2014
Before now on this topic, I have given a brief advice concerning transport business that buying truck is not the only way out in running transport. for instance, if you invest 5million in acquiring a truck you will still need extra 1million to put it in proper shape b4 it can be used and fetch money. This same money can also be invested in other line of transport, though it may not fetch you 300k in two weeks but something close to that and your investment will be save and long lasting for those who are interested I can give you a free idea about it if you care to know.
Re: How Best To Start Haulage Business by Nobody: 4:07am On Oct 29, 2014
Midecuc:
Before now on this topic, I have given a brief advice concerning transport business that buying truck is not the only way out in running transport. for instance, if you invest 5million in acquiring a truck you will still need extra 1million to put it in proper shape b4 it can be used and fetch money. This same money can also be invested in other line of transport, though it may not fetch you 300k in two weeks but something close to that and your investment will be save and long lasting for those who are interested I can give you a free idea about it if you care to know.

Can you send me an email: ebby22ng@hotmail.com
Re: How Best To Start Haulage Business by Nobody: 4:09am On Oct 29, 2014
Tinyemeka:


It's not that easy though. It's true when you say total overhaul because one cannot know the issues with the vehicle before the previous owners decided to sell.

My cousin even bought direct tokumbo at Cotonou and was using the truck for intra-city haulage within Abuja. Exactly as you just described. First it started with the body being weak; they had to reinforce it. Then the major one was the engine. It knocked after just 1 month of use. Then the tyres. Infact after buying a truck these days, it's like one must set aside extra funds for the tyres and engine.

But once one has resolved those issues, it should be smooth sailing from there by God's grace. I'm still saving and planning. Hopefully mid-next year. smiley

That is what you get when you but a truck with 800-2million millage
Re: How Best To Start Haulage Business by Sirguytuu: 10:04pm On Oct 29, 2014
It is obvious that most of us are greenhorns in this haulage biz. To cut the story short, the factors to consider are the model, carrying capacity and efficiency of the truck, the weight of goods hauled , the route, owner's bad atitude and the most important, the driver and the mechanic others are minor. I am talking from more 20 years experience. If i am wrong, i stand to be challenged. I am waiting. . . Thank you.

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Re: How Best To Start Haulage Business by lukman22: 5:36pm On Apr 30, 2015
Were are the business fellows here?
Let talk haulage.
Let share ideas
Let us be successful together
Re: How Best To Start Haulage Business by enaijize: 11:28am On May 02, 2015
lexyking:
Hi guys, please I need your advice on the best way to start a haulage business, I want to know which is better is it tipper, trailer or tanker? And how do I get driver for it and on what terms.

Read this thread:

https://www.nairaland.com/1868454/foreigners-doing-business-nigeria-failures

The OP has been chronicling his successes and failures in the industry from the very beginning.
Re: How Best To Start Haulage Business by Jonwesley(m): 10:58pm On May 14, 2015
Obviously, he is a novice here. If he was active in this section of Nairaland, he should have known ThaiNaiNigeria. That thread is worth billions of Naira. That the ultimate thread that can answer your questions man.
Re: How Best To Start Haulage Business by Edoblakky(m): 3:39pm On May 28, 2015
I have 2 dump trucks (tippers) and I gave them to a reliable driver to manage. I actually told the driver that I have a job that pays me well and that buying tipper for business was a way of getting extra income. I made him to understand that if he fails I won't think twice before selling the trucks. I actually bought one first and after a year when I had broken even, I bought the second one. I'm planning to buy a third one as we speak. I buy my trucks directly from Germany through my uncle who lives there. Both trucks fetch about #250k weekly on a good week. Sometimes when there are issues I could get as low as 150k per week from both trucks. By and large, it's a good business. My trucks are used in the Lekki axis of Lagos because of the high rate of construction going on there.

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Re: How Best To Start Haulage Business by toplard(m): 5:17pm On May 28, 2015
Interesting
Re: How Best To Start Haulage Business by lukman22: 7:05pm On May 28, 2015
Were do u base? Are you on WhatsApp or BB?
sabawex:
we manage trucks with open bucket predominantly for haulage of granite stones we pay good return to owners base on the condition of the truck and work capacity you can reach us on 08176126858, 08037722526
Re: How Best To Start Haulage Business by theffanyi(m): 2:27am On May 29, 2015
Edoblakky:
I have 2 dump trucks (tippers) and I gave them to a reliable driver to manage. I actually told the driver that I have a job that pays me well and that buying tipper for business was a way of getting extra income. I made him to understand that if he fails I won't think twice before selling the trucks. I actually bought one first and after a year when I had broken even, I bought the second one. I'm planning to buy a third one as we speak. I buy my trucks directly from Germany through my uncle who lives there. Both trucks fetch about #250k weekly on a good week. Sometimes when there are issues I could get as low as 150k per week from both trucks. By and large, it's a good business. My trucks are used in the Lekki axis of Lagos because of the high rate of construction going on there.

bros pls which make is best to buy
Re: How Best To Start Haulage Business by tolutweety(m): 4:46am On May 29, 2015
Edoblakky:
I have 2 dump trucks (tippers) and I gave them to a reliable driver to manage. I actually told the driver that I have a job that pays me well and that buying tipper for business was a way of getting extra income. I made him to understand that if he fails I won't think twice before selling the trucks. I actually bought one first and after a year when I had broken even, I bought the second one. I'm planning to buy a third one as we speak. I buy my trucks directly from Germany through my uncle who lives there. Both trucks fetch about #250k weekly on a good week. Sometimes when there are issues I could get as low as 150k per week from both trucks. By and large, it's a good business. My trucks are used in the Lekki axis of Lagos because of the high rate of construction going on there.

Hii Edoblakky,

What make is the best to buy?
And how much is the total cost of landing one truck directly from Germany?? Is it cheaper than getting one in the country

Thanks.
Re: How Best To Start Haulage Business by Pamelayoung: 8:10am On May 29, 2015
lukman22:
I had a pathetic story on this houlage biz,thou am nt given up yet. I bought a 30ton 10tyer open bucket truck last year ( july 2013).fairly used from Minna,Niger state.the first month after fixing the recommended problems on the truck with total servicing and the driver started work it knocked Engine at benin on there way from Abakaliki to lagos with full load. Was towed to mechanic after handover,d crankshaft were cut from standard to 10 and all d nessacery parts changed .After 3days of running the Engine at the workshop,dey set out for work and it knocked again.so I got angry and bought a direct Belgium Engine and d engine wahala stopped. Then comes the issue of over heating and the truck keep shuttling down to mechanic for correction.wen we had it fixed,the axale starts it own.had it fixed and compressor,power steering starts. After all these,tyer blowout starts. I changed almost 6tyers in 2months.And don't 4get,all this problems cost thousands of money even a small bolt is nt less than 1k.But I still believe there is still a ray of light at the end of the tunnel. For a month Nw,things seems yo have stablise a bit.No major stories Nw. Still hoping for Gud.So what I have to say abt trucking biz is that,it does not go the way it was planned sometimes.but wen things click,u can male gud money from it. I have a dream of increasing the fleet to 4 b4 Dec 2017. Make una wish me luck oooo cheesy
Good luck
Re: How Best To Start Haulage Business by ecopalm(m): 11:27pm On Feb 27, 2020
Edoblakky:
I have 2 dump trucks (tippers) and I gave them to a reliable driver to manage. I actually told the driver that I have a job that pays me well and that buying tipper for business was a way of getting extra income. I made him to understand that if he fails I won't think twice before selling the trucks. I actually bought one first and after a year when I had broken even, I bought the second one. I'm planning to buy a third one as we speak. I buy my trucks directly from Germany through my uncle who lives there. Both trucks fetch about #250k weekly on a good week. Sometimes when there are issues I could get as low as 150k per week from both trucks. By and large, it's a good business. My trucks are used in the Lekki axis of Lagos because of the high rate of construction going on there.
please you give any link?

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Re: How Best To Start Haulage Business by ecopalm(m): 11:30pm On Feb 27, 2020
lukman22:
Were do u base? Are you on WhatsApp or BB?
please connect me on face lets talk more about the busness
Re: How Best To Start Haulage Business by ecopalm(m): 11:34pm On Feb 27, 2020
sabawex:
we manage trucks with open bucket predominantly for haulage of granite stones we pay good return to owners base on the condition of the truck and work capacity you can reach us on 08176126858, 08037722526
please connect me on facebook let talk about the busness, my facebook name is (Enoch Okorie) waiting to hear from you
Re: How Best To Start Haulage Business by stdurumi: 3:40pm On Jul 15, 2020

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Re: How Best To Start Haulage Business by joeyreports: 9:58am On Jul 24, 2020
Re: How Best To Start Haulage Business by konews: 11:33am On Oct 10, 2020

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