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Fed Ex Ground can be yours (KCMO)

Discussion in 'Trucking Jobs' started by hopelesstrucker, Nov 12, 2012.

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  1. Nov 12, 2012 #1
    hopelesstrucker

    hopelesstrucker Bobtail Member

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    Oct 17, 2012
    0
    looking to sell fed ex ground contract of 79 points a 2012 Volvo 780 turn key operation every thing in place except for drivers


    grossed 243K last year and that was a bad year previous truck had problems


    155k for everything


    sandi@913.406.8886 ty
     
    hopelesstrucker, Nov 12, 2012
    hopelesstrucker, Nov 12, 2012
    #1
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  3. Dec 9, 2012 #2
    lonny

    lonny Bobtail Member

    8
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    Sep 11, 2012
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    Is that truck on a team run grossing 243000
     
    lonny, Dec 9, 2012
    lonny, Dec 9, 2012
    #2
  4. Dec 9, 2012 #3
    hopelesstrucker

    hopelesstrucker Bobtail Member

    5
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    Oct 17, 2012
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    it runs wild we ran it as a team but i cant drive anymore, we had 8 weeks vacation to boot if a couple applied themselves 300k isn't impossible
     
    hopelesstrucker, Dec 9, 2012
    hopelesstrucker, Dec 9, 2012
    #3
  5. Dec 29, 2012 #4
    farky

    farky Bobtail Member

    5
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    Dec 25, 2012
    ruidoso nm
    0
    155 buys trk and contract what else is involved?do you have to do anything with fed x to keep contract?how long is the contract
    ​
     
    farky, Dec 29, 2012
    farky, Dec 29, 2012
    #4
  7. Jan 9, 2013 #5
    Steve3662

    Steve3662 Light Load Member

    68
    54
    Jan 9, 2013
    Mt Juliet, TN
    0
    How many miles are on the truck? I already contract for FedEx out of Nashville. I would end up rolling the truck down here on the truck if its a decent deal. Is the truck running? if it is I would like to look at it if you get it through 371. If not I can get one of my drivers to look at it while in KCMO. I have at least 4 drivers going through KC every week going to Denver on dedicated runs.
     
    Steve3662, Jan 9, 2013
    Steve3662, Jan 9, 2013
    #5
  8. Jan 15, 2013 #6
    passingthru69

    passingthru69 Road Train Member

    8,740
    34,849
    Jul 12, 2009
    davenport,Ia / ratchaburi, thailand
    0
    Please explain the 79 point thing?
     
    passingthru69, Jan 15, 2013
    passingthru69, Jan 15, 2013
    #6
  9. Jan 15, 2013 #7
    lonny

    lonny Bobtail Member

    8
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    Sep 11, 2012
    0
    Can they terminate the contract
     
    lonny, Jan 15, 2013
    lonny, Jan 15, 2013
    #7
  10. Jan 15, 2013 #8
    sedain

    sedain Medium Load Member

    419
    328
    Dec 4, 2010
    0
    sounds extremely shady, the trucks value might be as high as half of that figure being generous...so hes selling the contract, do you "own" the contract? can it be sold? transferrable? what is the actual value?

    thats alot of money...155k.

    i dont think theyll be back, 5 posts, new account...
     
    sedain, Jan 15, 2013
    sedain, Jan 15, 2013
    #8
  11. Jan 15, 2013 #9
    Steve3662

    Steve3662 Light Load Member

    68
    54
    Jan 9, 2013
    Mt Juliet, TN
    0
    I would say they aren't going to answer. Yet to answer your questions at FedEx Ground you can buy either just the tractor or the tractor and the points. This buyout all has to be approved by FedEx. You will be under the same contract as the person you bought out. The truck will retain the points and you will retain the pay scale the tractor is at. The longer the truck slot has been with FedEx the more it gets paid up to a point. So basically at FedEx you don't just buy the truck you buy the business pretty much. You just have to watch if they are trying to sell the corporation or just the trucks and points. If they sell you the corporation the. You can't write off depreciation again if they already have. If you just buy the truck and the points then you can write off the depreciation for you. Is this a fair price for the truck and the points it looks like it. If the truck is worth around $100,000 79 points is worth around $40,000-$50,000 because you will get better runs, get higher pay to the truck and be closer to getting a dedicated run when one comes up to bid.
     
    Steve3662, Jan 15, 2013
    Steve3662, Jan 15, 2013
    #9
    sedain Thanks this.
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