New Tanker IC

Discussion in 'Schneider' started by nightgunner, Apr 25, 2014.

  1. ncdriver1

    ncdriver1 Road Train Member

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    Congrats Nightgunner!

    I'm very interested in hearing how this goes for you. I'm also with snbc on the company side but would like to switch to IC if it makes sense. I like the new Freightliners and would do a 1 year lease same as you. Good to hear about the % choice program, all the van IC I've talked to rave about it.
     
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  3. Dr_Fandango44

    Dr_Fandango44 Road Train Member

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    I think you have to bear in mind that how you calculate the numbers on paper rarely works out in reality, but I guess you have to reassure yourself that you're doing the right thing for you.
    I really don't have a dog in this fight because I know what the rates are and all I can say is that they may surprise you, and I'm making a rather significant amount of $$ by doing so. However, my truck payment is much lower than yours and I know my revenue stream will be to the max. When I eventually saw the rates and talking with the drivers, it was a no brainier to go %, but you have to decide for yourself. What alerted me more than anything was one of the gals in the office who gave me a swift kick up the rear end and that was the cruncher. We've been friends ever since. If you've been an O/O then to be honest it's even more surprising that you decided to go mileage, but then I don't know your particular situation. It wasn't so long ago that Schneider low balled the whole chemical industry with their rate quotes which decimated a lot of the companies, inc TSC. I've talked with a few drivers who survived that particular crises only by the skin of their teeth, so there's no love lost with that company.
    I wish you luck in your endeavors. I always remember in the back of my mind that a good deal is a state of mind and it's not for me to dissuade anyone from doing what they think is right. That's what's great about freedom of choice but caveat emptor, plays a role too.
     
  4. mattbnr

    mattbnr Road Train Member

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    They don't offer the % on the bulk side he said in his first post.

    Keep us updated. I was looking at the bulk I/c program. Nice looking trucks.
     
  5. nightgunner

    nightgunner Road Train Member

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    Cedar Rapids, IA
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    As stated earlier, % is not yet offered in bulk. In all honesty, I actually made more when pulling per mile as an O/O than I did on %. You mentioned the difference between numbers on paper and reality. I will have 7 months of historical data to compare to the % rates being offered when that becomes available. The numbers on paper will be 100% accurate to the reality of the situation.

    I do understand what is required to be successful be it in trucking or most any other industry. The basic economic principles are the same. Yes I expect to run at a loss on paper for the first 2-3 years, and expect to break even years 3-4. I also understand the variances in the market and the external pressure from over regulation to sessional fluctuations in the demand for various products.

    Is the I itial overhead a factor? Of course, but with that vs. The $20k used truck I was also looking it I decided it was best to opt for superior fuel economy and warranty. I may have saved $ in the initial purchase of a used high milage unit, but was not prepared to spend another $20-$30k on it over the next year to keep it on this road and reliable while still dealing with less superior fuel consumption.

    The older truck with a high average of 6.5mpg on a 120,000 miles per year would burn 18,465 gal of diesel. With an avg cost of $3.85/gal that comes to $71,090 in fuel.
    The new truck with a minimum avg of 7.5 mpg on the same 120,000 will burn 14,000 gal. A savings of 2,465 gal/yr. Or close to $9,490 in savings. Add to that reduced fuel tax, and the ability to write off the lease payments, and the full factory warranty.

    The savings of fuel combined with the lower cost of maintenance, and increased up time make it a sound business decision.
     
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  6. nightgunner

    nightgunner Road Train Member

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    Well my first day of orientation is down. I got to sign for my truck, do the road test in it (very impressed with the truck) and enjoy the wonderful training on the computer. Relaxing at home for the night and get to do it again tomorrow morning.
     
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  7. ethos

    ethos Road Train Member

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    Yeah QC low balled us with ExxonMobil and both CC Cobb and Swcherman, don't know how to spell it, low ball us out of the Dallas market. Low balling is good ol capitalism, a race to the bottom. Sorry but I have never met a driver that looks down on Schneider because of low balling and I have been in a lot of driver rooms.
     
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  8. ethos

    ethos Road Train Member

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    Night gunner it's 1455, did you just pull out?
     
  9. nightgunner

    nightgunner Road Train Member

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    Cedar Rapids, IA
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    No still in class. Wasn't me.
     
  10. ethos

    ethos Road Train Member

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    Houston
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    Allright, looked like your truck. It was so new it still had a virgin fifth wheel.
     
  11. nightgunner

    nightgunner Road Train Member

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    Jul 23, 2013
    Cedar Rapids, IA
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    We had 3 other new ICs head to the yard from the Training center today. It may have been one of them. I am taking mine over tomorrow.
     
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