I think I misread. My guess for a dollar amount would be whatever ends up in the smallest tax bill.
Picking my own freight baby! My journey to & of being on Schneider choice, the Adventure & Numbers!
Discussion in 'Schneider' started by freightwipper, Jun 1, 2015.
Page 1438 of 1900
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
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's how it reads, true or not is questionable. -
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...scythe08 Thanks this. -
I believe most trucking companies out here, the large ones anyway, are operating at around a 1% profit margin. -
scythe08, rickybobby and TennMan Thank this.
-
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.TennMan Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 1438 of 1900