Fedex line haul validation

Discussion in 'Ask An Owner Operator' started by GT Adventure, Jun 2, 2018.

  1. GT Adventure

    GT Adventure Bobtail Member

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    Hello any ideas how to validate a FedEx line haul route or know a CPA familiar with FedEx routes? Also approximately how many miles would you recommend having your tractor engine rebuild? Thanks
     
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  3. MACK E-6

    MACK E-6 Moderator Staff Member

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    What is “validating a FedEx linehaul route”?
     
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  4. GT Adventure

    GT Adventure Bobtail Member

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    May 13, 2018
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    I may have used the wrong term. Route valuation is the correct term as I'm trying to find out if what the seller says his route is worth is actually true.
     
  5. Old Man

    Old Man Road Train Member

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    If you cannot figure out your cost plus the premium for buying the route maybe this is not a business for you..

    Number one question is why is he selling..
    Not making money, too many crashes or health or divorce.
     
  6. Ridgeline

    Ridgeline Road Train Member

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    Have you looked at his ar from FedEx and his books?

    A cpa wouldn't have a clue what is what, but when you see his numbers anyone can figure them out.
     
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  7. Banker

    Banker Road Train Member

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    I am not trying to be a jerk, but this question leads me to believe you know absolutely nothing about trucking. I have read stories of absentee owners making money buying FedEx routes, but I don’t believe it is a turn key auto pilot type of investment. I wouldn’t want to invest in something I had limited knowledge of, but you could be more adventurous with money than I am. Just my opinion so take it for what it is worth.
     
  8. Ridgeline

    Ridgeline Road Train Member

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    I wasn't going to post my normal truck buying advice because his first question seemed to point to the fact he didn't have the experience.
     
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  9. Banker

    Banker Road Train Member

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    The routes often come with the equipment, so I guess he is wondering how soon the rigs will need a rebuild. I think that will be the least of his worries.
     
    Last edited: Jun 2, 2018
  10. Banker

    Banker Road Train Member

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    If you haven’t already done so, google people who have bought FedEx routes. There are some successful people who have done so, but it appears they earn every penny they make.
     
  11. truckdriver31

    truckdriver31 Road Train Member

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    can you not call fedex ground. also are you buying his points too
     
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