Due to the economic growth in our country, cities and states are in demand for commercial goods and products to be transported from one location to the next. Not only do these tools make your life easier and your operations more efficient, they will also improve your bottom line. This advantage can be marketed and will result in happier customers that do more business with you. Just because a dump truck is a much bigger and more industrial vehicle, doesn’t mean that you should treat it any differently in this regard. A dump truck driver’s salary depends on what company they are driving under, if any, their experience and what they are hauling. Fuel costs are the number one expense aside from paying yourself and your employees. Average dump truck hourly service rates (again this will vary by region) are between $70-$120 per hour. When it comes to gravel, an ideal average is about 3,000 lbs per yard. Remember that most of the time a dump truck is going to be operating at low speeds under heavy loads, making torque a very important consideration. The bottom line is the bottom line. Although these two factors are both very important in finding a truck that will meet your needs, there are a few other things you may want to consider to make sure that you get a long-lasting vehicle that will prove a good investment for your operation. Dozens of dump trucks travelled together on Windsor streets and occupied an MTO inspection station on Monday to protest a coming requirement that … On Jan. 1, a new requirement took effect that manual lift axles in older tri-axle vehicles be replaced with self-steering axles, a retrofit the Ontario Dump Truck Association said could cost $40,000 per truck. Some resources for contracts include the Department of Transportation for your state, local government officials, and local business owners who need hauling services. One truck load typically holds 10 to 14 cubic yards of dirt. Most Hauling Companies Fail This Audit - Do You? At that price, the dump truck may not have a long lifespan. There may also be hourly tips and overtime. Managing a multi-million-dollar operation is not for everyone but can be lucrative if you have the right tools in place. The next consideration that you should be looking at is the axle ratings for the truck. Improvements in infrastructure are a positive indicator for the dump truck industry. The cost of renting a dump truck will depend on the size of the dump truck, where you live, the company and time you need it. How is the average cost of dump truck insurance calculated? The truck will use 123 gallons of diesel for the 680-mile trip, and $3 is the cost per gallon of diesel (123 x 3 = 369). A Dump Truck Owner Operator in your area makes on average $134,178 per year, or $3,105 (2%) more than the national average annual salary of $131,073. A cost per hour (CPH) analysis may help you understand the simple functions and needs of your business. Message address for … (U.S. Bureau of Labor Statistics, 2017) The shortage of drivers in the past few years from an aging workforce population has resulted in significant salary increases to improve the retention of employees. A one-yard pickup truck of fill dirt hauled yourself costs about $20. Find out which of your processes can stand to be improved. Dump truck companies pay drivers on average $15.57 per hour. Onsite I can move about 15 yards per load with what I have. If you work in a time-sensitive field it is also very important to ask about on-site support and emergency repairs in the event that you have an equipment failure at a critical time. Sellers that work consultatively like this are often going to get you the best value for your money. You will need a commercial driver's license, and there are the usual running expenses including vehicle tax, insurance and fuel. If you’re buying used as well, don’t be afraid to ask to have your own mechanic inspect the vehicle before you make the purchase. Volvo has a slightly smaller selection of standard model dump trucks than other manufacturers, but those that it does make share the Volvo reputation for long-lasting reliability. There will be geographical and economical factors that may affect the totals for your business, but this at least will you a benchmark figure to work with. Commercial Truck Trader: An online truck marketplace for shopping used trucks, you will have a lot of variety to choose from when browsing this site. An owner must figure out how much it costs him or her to operate his or her truck per hour to know what to charge clients per hour of service. (2018). You also must take other management expenses into account like office supplies, accounting software, dispatching software and business taxes. A used medium-duty dump truck will most likely be priced between $21,000 to $39,000. The average commercial dump truck can haul anywhere from 10 to 14 cubic yards of dirt. Focus on trucks that will last – buy newer if you can, and when researching individual models, pay special attention to anything that gets high marks for reliability. (Hooper & Murray, 2017)  This data shows the total cost to operate one truck per hour equals $63.66. With Super-Slides dump trailer and semi-truck bed liners, avoid sticky, wet, and frozen loads, and save on unnecessary expenses and wasted man-hours. Local dealers are present in most areas, however. Dirt loads delivered. Plus a dump truck driver never dumps in the correct spot. The overall gain your business will have from utilizing technology and ‘real-time’ data, will improve your company’s profitability. Do you have trouble keeping up with when your drivers' CDL is up for renewal? If you’re will to purchase a dump with mileage in excess of 100,000 miles then you may be able to bring your investment down to $13,000 or so, though there may be other underlying problems for a purchase at that cost. Always buy the right truck for the work you plan on doing with it. Trucks such as the Caterpillar 740 Ejector and Volvo A25 are examples of this class. Get out there! The operating costs can be high and fluctuate with the price of fuel. You work hard and it is often challenging to collect payment for the work you do. There are numerous other features that may also cause the price to go up. 2007 Chevrolet C8500 Tandem Dump Truck sold for $69,000. Any gauge readings that seem out of character with what you’ve seen in new trucks or any extraneous noises or vibrations should be noted and discussed carefully with the seller before you make the purchase. Our full truck can hold up to 4 yards of debris. Price of sand ranges from $5 to $30 per ton, depending on the type. 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