Dominick Tullo (Fuel Distribution)
@Dominick_Tullo
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4th Gen SMB Operator @troilco - Truck Parking- Bootstrapping a CRE & STR portfolio
Joined August 2009
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Pinned Tweet
There is no single asset class I am more bullish on than truck parking.
There is exceedingly less and less industrial outdoor storage availability near major metro's.
Developers would love build more to but the towns wont allow that! Plus the locals in these towns don't want to
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@PeterSchiff
your gold isnt safe either Peter. In 1933, Executive Order 6102 had made it a criminal offense for U.S. citizens to own or trade gold anywhere
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Holding my trucks in tonight bc of frozen rain/ 65mph wind.
Called one of my clients who is a broker to inform them.
she said "how do you know the weather won't improve"
I said, I don't know, but i'm the owner of these trucks and I'm telling you they aren't moving tonight
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Brand new truck third day on the road.
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I don't cold plunge.
I use my phone before bed.
I don't have an MBA.
I sleep great and I print money.
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Some cold weather DEF tips for OTR drivers:
DEF freezes at 12 degrees Fahrenheit.
DEF saddle tanks are generally insulated and have an electric heating element in them. Keep your truck running when possible and ice away from the saddle tanks.
There are no anti-freeze additives
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A client i've wanted to do business with for 8 years.
Yes, EIGHT. FUCKING. YEARS
just placed 10 orders with us.
LFG.
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We accidentally underpaid a new driver and rectified it within an hour.
The driver refused to come in today because of it.
I’m glad to weed people out early. If it was not this issue it would have been another.
One of the greatest parts of running a company is getting to
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There is no driver shortage but there is an issue.
I placed a job posting on indeed Saturday AM with an $80/daily ad spend budget and had a great turn out.
I hosted 10 prospect hires on Monday.
3/10 presented themselves as hirable employees.
Most of them clearly do not stay
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@TheStalwart
you are saying btc tripling YOY and dropping 7% makes it a bubble?
or are you trolling me by saying your not trolling me
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Serious hack if you are in sales.
Pick a great lunch spot and go there for years, over-tip every single time and be super polite.
The entire staff will get to know and love you.
Anytime your meeting a client or prospect, bring them to this spot.
Everyone will be excited
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Bros, I can post a job ad right now for a driver and get 50 applicants in 48 hours.
The shortage is an obvious hoax.
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Truckers are not boycotting for trump in NYC tomorrow.
The ports being closed for Presidents’ Day is the real reason they won’t be making deliveries.
Fake news.
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The last few days since we were exploited for a few thousand gallons in fuel I have felt burnt out.
The dollar value we've lost is thankfully somewhat meaningless.
Its an easy to fix problem but its eroded my trust, at least in the short term.
I caught the problem within 36
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Community members like
@Strikewashere
is why I still believe in the $sol ecosystem.
Thank you for insanely detailed
@okaybears
edit
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I interviewed nearly a dozen drivers today.
Half are owner operators turning it in. The other half are folks whose hours have been cut or recently laid off.
This is easily one of the most qualified cohort of driver interviews I’ve had in my career.
10/12 of them would be
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Dear
@elonmusk
,
The guest on this Tucker Carlson episode has been banned from X for exposing the exact same content he exposes on
@tuckercarlson
when X was ran by the far left.
His name is
@driverautonomy
/ Gord Magill and he is one of
#TrudeausPoliticalPrisoners
We need him
Ep. 68 Whatever happened to the truckers who dared to protest Justin Trudeau? Some of them are still in jail, years later. Trucker Gord Magill explains how darkness has descended on Canada.
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I have a driver in his early 70's who's still sharp as a tack but can no longer drive due to a major surgery.
I can't put him back on a truck so I'm making a direct sales role for him.
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My sales rep just earned an account so large and so sought after that the head of purchasing called me and congratulated us.
I've never had that happen.
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Why don’t we have bidets in the US?
Who was the heathen who decided we must use dry toilet paper?
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@Jason
Easily twitter. If you curate who you follow the right way you get access to phd level hot takes for free
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Gm from our new apt.
(Boomers in disbelief I rent)
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Starting to fully believe sunglasses are a psyops.
I’ve made a point to get sun exposure early in the morning without sunglasses and stop wearing them all together.
Bright sun no longer bothers me at all.
Your body thinks you’re in a cave if you wear them.
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Trump discusses 60% tariff on Chinese imports and 10% tariff on all imports.
What does it mean for the North American transport economy?
1. Massively dependency on near-shoring. Bullish for Mexico.
2. Supply shock of foreign goods.
3. Larger dependency on over-the-road tractor
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How to prevent Diesel freeze.
Buying winterized diesel is your best bet.
In some markets it is known as "cold Flow" or "additized" or "winter blend"
Buying properly additized diesel is far more effective than adding a 3rd party additive.
Mixing additives into an already
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My old man throws a battery in this and it starts up first try.
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The richest guys in transportation I know own a fleet of “plastic” trucks.
Sure, they may not last as long but with 100% bonus depreciation it doesn’t make sense to own a truck for more than 5 years anyway.
1. Trade the 5 year old truck in use it as a down payment for the new
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I fucking love the United States.
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Why you should not send your trucks to a truck stop and get direct fueling.
Quick math
30 trucks
Half hour per day per truck to fuel at a truck stop
$40/ hour labor/worker comp/insurance
290 days a year
$174k in labor saved
50k for a delivery service
you’ll save $124k
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New fuel tanker hitting the road by the end of the month.
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Thoughts on DOT blitz week
1. I’ve already had a truck pulled over. No issues.
2. Not running on DOT blitz week is lowT
3. Your paperwork and maintenance should ALWAYS be spot on. Rates being low is not an excuse.
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This week we are onboarding a client with 175 pieces of equipment to our on-site fueling program.
40 trucks
40 reefer trailers
95 Gen-set chassis
Each asset will be given a barcode associated with its unit number.
This barcoding process will take us a few weeks considering
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I am by no means an engine expert but...
The plume of black smoke from that barge indicates unburnt diesel fuel, which means the throttle is calling for more diesel than the engines can possibly burn. Meaning the throttle was wide open and likely in reverse to try to stop this
Check this out: video (sped up at parts) with a better breakdown of the entire incident, resulting in the container ship striking the Key Bridge:
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In a pinch and need to get off jury duty?
This is a sure fire way.
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@SBF_FTX
Sam,
at a certain point you need to take accountability for something. EVERYTHING can't be someone else's fault.
You were the CEO with no board or corp governance. You could still be the CEO. You ALSO picked him as the new leader
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I don’t even know where to begin on the free truck parking debate.
In the market I operate in free is not an option. An acre of land near the ports of NY run anywhere from 4-6+ million per acre.
An acre can park 20-40 trucks depending on the shape, ingress, and egress.
Banks
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Delinquent clients are always the biggest pains in the ass.
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If a gas station is asking for your ZIP Code, that means a series of fraud has been committed at that station for the credit card processor to activate it.
The station operators do not set this.
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I tuned into a webinar with
@sweatystartup
and
@ShaanVP
where they were showcasing
@somewhere
.
Shaan had his Chief of Staff on the call. Who to her credit, spoke perfect english.
After she was done speaking Nick said "wow you speak so well."
It felt dystopian. It feels like we
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If you aren’t driving an absolute sh*t box you aren’t doing enough to set your self financially free.
Forget safety, before you’ve made it is all about taking risks.
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If you care about cameras in a company truck then go start your own company.
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FrieghtX has a steadily growing presence of trucking and logistics folks.
Some of my favorite to follow are:
@FreightAlley
- ceo
@FreightWaves
@gas_biz
- old school gas distributor
@AKASpencerScott
- growing a garbage biz in real time
@indietrucker
- over the road trucker
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"i wasn't aware there was a freight twitter that existed"
Friends, we are SO early.
Anyone building in FreightX now will rewarded handsomely.
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To be ahead of the competition in 2024 has such a low bar.
1. don't be woke
2. show up
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My dad turned 65 this past week. This is one of his. He jumped out to take this photo in 2015.
My fondest memories with my dad are breaking down in his old cars as a kid. He'd jump out and get it back running and off we'd go.
He's taught me much more than how to run a business,
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Had all 10 of our drivers in a room today for our monthly safety meeting.
Company is growing and vibes are great.
I’ve never previously been able to crack the 10 driver mark.
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The Freight Gong is undeniable.
The democratization of this tech will bring quality celebration to brokerages all around the world.
#F3
Rapid Fire🔥
@FreightWaves
@lostisreed
@supertrucker
@LombardTrucking
@Freight_Bandit
@FreightAlley
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Selling fuel to commercial fleets means issuing credit.
I give companies $20,000 and hope they pay me back $21,000.
Theres a lot of BS in the process but its really that simple.
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A lot of NJ based dump truck clients cannot pay me right now.
Literally every delinquent client I have right now is in dump trucks.
They are not being paid.
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I hate firing people.
However, its a necessary part of running a business.
Low productivity drivers end up putting stress on the better ones who have to pick up the slack.
No one wins in an organization that tolerates it.
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Port of Baltimore closed.
A good chunk of the northeasts DEF supply is barged in to PoB. This will create a supply squeeze on Bayonne NJ's IMTT DEF Terminal.
Expect price surge.
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I literally cannot think of a more miserable business to operate than a remote cleaning service.
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I’m in the arena trying stuff.
Some will work, some won't. But always learning.
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when truckers are calling for regulation its a leading indicator of a market bottom
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Why you should not send your trucks to a truck stop and get direct fueling.
Quick math
30 trucks Half hour per day per truck to fuel at a truck stop
$40/ hour labor/worker comp/insurance
290 days a year
$174k in labor saved
50k for a delivery service you’ll
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Using ozempic is low T as it gets.
Move your god damn body. You only get ONE!
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If you owe somebody money and are on hard times and cannot pay the best thing you can do is communicate.
Ignoring someone that owes you money will end up costing you more.
If you communicate I will normally work with you.
I have people who owe me 30k and are responsive so we
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I’d kill to know how many truckers who are going out of service in 2023 bought a g-wagon in 2021
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I am hiring a New Jersey outside sales rep to sell:
Diesel
Diesel Exhaust Fluid
Antifreeze
Lubricants
-$80k starting base salary + Commission.
-Car stipend
-Insurance
-If you make us money idc how much vacation you take
Commission is uncapped. Reps at our company can make
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The largest DEF purchaser out of Port of Baltimore has informed me there is enough supply down there currently to last until May 1st.
They do not expect to be able to get barges into port until July 1st.
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Does the world need another logistics podcast?
No bros, there’s more logistics podcasts than there are logistics podcasts listeners.
Am I gonna make one anyway?
Yea probably bros
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@TheStalwart
I bought a peloton for $350 bucks from a neighbor last week who used it 5 times.
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I heard an awful story this morning.
Trucker, James Hilton, while helping a fellow trucker park at a Loves in PA was shot and killed by another truck driver grew impatient as an altercation ensued.
James was shot and killed.
He leaves behind a wife and an infant son.
Please
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My entire building just shook in Newark NJ?
Earthquake?
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Own someone money?
Don’t call them “bud”
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@PeterSchiff
Also, The keys were held wrongfully in cloud storage. it would be the equivalent of you leaving the gold in your attic and the US gov raiding and taking. had it been better hidden it would not have been seiz-able.
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This would make insurance so much more expensive for the rest of us who pay our bills.
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I had a client years back run a $20,000 DEF bill and was 8 months past due.
They did paving for municipalities so I knew 90 days was likely the norm for them to pay.
After months of attempting to collect one day I finally drove out there, sat in the lobby with my invoices in
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Awesome story about our family truck stops done by
@LombardTrucking
Years ago we were blocked out from operating the NJ Turnpike locations. They are owned by the state and leased out to operators on a commission basis.
We were told we could not bid on them because we are not an
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Packing the bare necessities for F3
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I talk a lot of fancy nonsense but a fleet lives and dies by its up-time.
Maintenance > everything
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Was a victim of the most well thought out fuel scam I’ve ever heard of today.
Will share details when I can.
Thankfully did not get hit too bad.
Stay safe out there when opening new accounts my fuel friends.
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If you aren’t walking into the flower store on your way home from work today are you even a man?
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This is a guy who owns a dozen plastic trucks.
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Hey bros.
I was laid off from
@CHRobinson
last night in a
@FreightWaves
article.
No idea why, anyways, if anyone needs a client rep who brings vibes LMK
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My proudest accomplishment isn't something I've done myself, but helping my wife find her freedom and pursue her passions.
The joy of coming home from work and seeing her fulfill dozens of orders for her custom stationery business with a smile on her face is priceless.
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