Picking my own freight baby! My journey to & of being on Schneider choice, the Adventure & Numbers!

I think I misread. My guess for a dollar amount would be whatever ends up in the smallest tax bill.

 

11,000 company trucks running 135000 miles = 1.485 Billion miles as year. That works out to $2.60 a mile, or $1.75 a mile to an IC.

That's using the entire $4B from the article. Take IC and broke down loads out, and other revenue sources and the math more or less works out to what y'all see.

 

That probably includes revenue from rail/intermodal operations but who knows how the number all work out. They are a part of Schneider national while Schneider bulk carriers is a separate entity

 

Per DOT filing I read all truckload miles driven for 2014 were stated as 785,600,000 which includes all trucks running sni dot numbers.

That's how it reads, true or not is questionable.

 

But if we're running around 12000 tractors - company, IC, intermodal- that works out to 65-70,000 miles per truck per year. @rickybobby may be able to do that and survive but the rest of us can't.

I know GB division is supposed to average 400 loaded miles per truck per "day" (minus days in shop or unassigned to a driver). Assume each truck sits idle for 65 days a year, and 12,000 trucks you still get 1.4 billion miles.

 

Then Somebody is under reporting or the info is just wrong.

Either way the "Profit" they show of 156.9 million to me is a lot of money but compared to 4 Billion in revenue I don't think that's a good margin.

But what do I know I'm a dumb Schneider driver according to the cb!

Maybe it's a time for a shakeup in GB!

I mean as a small time investor with no say what so ever, if the Profit margin is 3.9% I don't see any money for dividends. Let alone a return on investment.

I'm thinking it's not going to be a pretty IPO.

 

You guys are speculating on the IPO and none of you guys even go near the part of how they are spending 1/3 of the money on CHASSIS trailers lol??? Now you know where they plan to grow in the future.

I just hauled the heaviest load 80300 I've had since being here on a 94xxxx trailer. I was praying it wasn't rusted all the way through...

 

This is why I will never invest in a trucking company.

I believe most trucking companies out here, the large ones anyway, are operating at around a 1% profit margin.

 

Gentleroger for CEO!

 

http://www.joc.com/trucking-logisti...e-us-trucking-firm-launches-ipo_20170324.html

This says that TL revenue was $2 Billion. Not sure if that includes bulk and intermodal, pretty sure it excludes IC. Rough math puts the revenue per paid mile at $1.70.