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.
New Tanker IC
Discussion in 'Schneider' started by nightgunner, Apr 25, 2014.
Page 3 of 70
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
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. -
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. -
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.mattbnr and Night Prowler Thank this. -
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.
mattbnr Thanks this. -
mattbnr and nightgunner Thank this.
-
Night gunner it's 1455, did you just pull out?
-
No still in class. Wasn't me.
-
-
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.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 3 of 70