The other major mistake owners of old trucks make is this :
Man I just cleared 2500 this week sure do need a new bass boat I can afford it now with my new found wealth . Or hey let's go get a time share and buy 2 jet skis for our pontoon boat I'm gonna buy .. ( all examples )
THEN :
Boom - Bang - Hisss , click , clack. BANG ....
you broke down ... Now what ?
Oops
SCHNEIDER CHOICE PROGRAM - FREEDOM AWAITS " YOU " by JAR-HEAD
Discussion in 'Schneider' started by Jar-Head, Jun 22, 2014.
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Well I was accepted for employment, not surprised. I'll be getting the 2015 freightliner. I start on November 17 in Charlotte. I have been doing my "homework" on this for 6-8 months now. All the threads that I read concerning this have been informative. This particular thread has been, for me at least, the best. I would like to thank all you guys for posting numbers and giving information. I will say Jar-Head I am also one that doesn't like it when you wait to tell a story. I'm anxious to read what you have to say. My wife has cone to terms with my decision and is happy as well with the help of my daughter and future son in law...he is in Texas A&M business school. Had him run the numbers that I got from you guys and what the girls in recruiting and SNF.
Jar-Head Thanks this. -
Well I was accepted for employment, not surprised. I'll be getting the 2015 freightliner. I start on November 17 in Charlotte. I have been doing my "homework" on this for 6-8 months now. All the threads that I read concerning this have been informative. This particular thread has been, for me at least, the best. I would like to thank all you guys for posting numbers and giving information. I will say Jar-Head I am also one that doesn't like it when you wait to tell a story. I'm anxious to read what you have to say. My wife has cone to terms with my decision and is happy as well with the help of my daughter and future son in law...he is in Texas A&M business school. Had him run the numbers that I got from you guys and what the girls in recruiting and SNF give.
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A major misconception is MORE is MORE ...
That's not always the case. Just because you gross more does nescicerily mean you make more net income . If you do not control your costs your net will be what you make it . What I mean by that is when I went to Schneider Finance to leasecmy new truck I was told ...
YOU NEED TO GROSS MORE TO MAKE IT ...
My answer was - Huh ? How's that ?
I then said look at my NET figures ......
The answer :
You have the highest NET SETTLEMENT S for your medium gross I've ever seen.
So it's not about your GROSS it's about your NET and you achieve that by controlling costs and maximizing your productivity that's how the game is won in the end ...Boethel and stevep1977 Thank this. -
####, somehow I posted twice. How do you erase one?
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Hope you are finding things I post usefulBoethel and stevep1977 Thank this. -
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I might b a company dog. But I've driven some old million plus milage trucks, hear at sni and other companies. When sni upgraded me to a brand new 2014 cascadia i was shocked and amazed on good it was. Seats wernt worn out quite, everything worked. That made my mind up if when i lease it'll b nothing but new. I could never go back to old equipment. By going new your staying ahead of the 8ball. Not limited yourself to where u can run. Congrats on the new ride
stevep1977 and Jar-Head Thank this. -
If you're making lease payments, however, you have much more fixed costs involved and ultimately revenue plays a more important role. Of course, you still want to haul the least amount of weight the shortest distance for the most money, but you also will occasionally have to take a hit to keep moving and keeping the revenue flowing.
also another decision to make, IMO, is if you want to approach it as a lease or a lease purchase. If you approach it as a lease I would say run the thing as hard as possible the maximum amount of miles before turning it back in and maximize your earnings. If you plan on purchasing the vehicle at the end of the lease term you might want to take it easy on the truck during the lease term and take an earnings hit in the short term so you can keep the wear and tear to a minimum. Then when it's paid off you can run however you want to. Just a few thoughts... -
Also keep in mind that cost control is much less effective than revenue control. What I mean is you have much more control over how much revenue you take in than controlling costs that a good portion of are fixed values anyway. I would say focus less on "cost control" and more on scheduling your time efficiently and hitting a daily revenue goal.
mattbnr Thanks this.
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