2 Options 1 Decision

Discussion in 'Ask An Owner Operator' started by US MARINE, Jul 28, 2013.

  1. US MARINE

    US MARINE Heavy Load Member

    823
    170
    Sep 15, 2011
    0
    Yeah , I'm not to keen on the authority idea right now . I feel I got allot to learn first . Not saying its not an option for the future . MNDriver is correct we spoke about this on the phone . I'm just at a cross road of what to do out of the options before me currently
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. US MARINE

    US MARINE Heavy Load Member

    823
    170
    Sep 15, 2011
    0
    My gut says the VAN deal is better even with the trailer fees and slightly lower over all rates and FSG .

    my mind says Tank is more money less miles ..

    i guess what I'm trying to weigh out in my head is dies Tank really equate to more revenue with the list time at the Tank Washes, trailer preps , hoses , fittings , etc ? I'm trying to figure out if there is a figure you can actually put on Down Time so you can weigh this out more fairly and accurately .
     
  4. MNdriver

    MNdriver Road Train Member

    7,985
    4,372
    Feb 24, 2012
    0
    I think you'd do wonderful on your own.


    You've got the ability and willingness. Your confidence could be there to just do it.

    Not sure what is holding you back.
     
    US MARINE Thanks this.
  5. US MARINE

    US MARINE Heavy Load Member

    823
    170
    Sep 15, 2011
    0
    I'm thinking with increased PRODUCTIVITY in van running for a Direct Customer ( mostly ) may result in a higher end weekly NET . Which is where I'm having the issue of placing a actual monatery $$ value on Productivity .

    Productivity - Vs Less Productive = $$

    utilization of equipment - vs sitting = $$

    i know the equation sounds crazy but its what I want to try to pin point for helping make a decision based solely about total net revenue .

    In normal tanker operation your not gonna

    deliver - drop wash - pick up - deliver - drop wash - pick up

    on a consistent basis enough that you don't have to factor in what Productivity is actually worth in a over all operational standpoint .
     
  6. US MARINE

    US MARINE Heavy Load Member

    823
    170
    Sep 15, 2011
    0
    Thanks for the kind words MN driver
     
  7. Oscar the KW

    Oscar the KW Going Tarpless

    12,246
    28,116
    May 19, 2011
    0
    Have you ran a couple of scenarios on paper of both operations? If not do that and multiply that into a monthly/ yearly set of numbers and see where it comes out. Be sure to use realistic numbers on both. The tank deal will more than likely be less miles, but could end up when all the money's are spent on expenses to net you more in the long term.
     
  8. Big Jay

    Big Jay Light Load Member

    176
    176
    Jul 31, 2011
    litchfield, mn
    0
    Where are you located?
     
  9. US MARINE

    US MARINE Heavy Load Member

    823
    170
    Sep 15, 2011
    0
    Yes KW , I've ran a monthly real world analysis on how it would work and it really depends solely on the Tank Wash times and ability to reload next day and due to any such delay getting 1-2 loads in a week or 3 . In Tank you'd run less miles no doubt on a normal basis .

    The Van would put you with more miles , higher gross but yet then you also have higher expenditures such as Fuel , Tire wear , etc .

    When you lay an average out on paper and take home time in the picture . They lay out just about even when you consider the
    1. Pay hold back
    2. Home time
    3. Maint costs

    Pay hold - which is time on your money or net return for work completed .

    The difference per week is just around 100-150 weekly with considering some of the factors
     
  10. MH60L

    MH60L Light Load Member

    76
    67
    Jul 1, 2013
    0
    If you run in the system (OTR) with any good tank company you will probably do about 100,000 miles. You will probably work about 250 days and you will probably gross about 175,000 plus dollars. Van work will not compare with this unless you have really good contacts and are under your own authority. I think the best money to be made with a van and leased to a carrier would be with farm to fleet, Landstar, or Schneider choice. Picking your own loads allows you to dig in and learn how to maximize your revenue per mile traveled.
     
    US MARINE Thanks this.
  11. Oscar the KW

    Oscar the KW Going Tarpless

    12,246
    28,116
    May 19, 2011
    0
    If am reading what you wrote correctly, I would do the tank deal then if you can run less miles and make within $100-$150 when all is said and done. As far as being paid in a week versus two, once you are up and running what's the difference? Once the money starts coming in it keeps coming in unless you take a week off.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.