Swift? Don't do it

White Dog · Nov 12, 2016

Toomanybikes said: ↑

3000-3400 a week?

At 3200 miles a week that is 52weeks x 3200 miles = 166,400 miles a year. If you did the recommended $.10 a mile socked away in your maintenance account you should have $16,640 after just one year. Say you been doing this fleece for four years enough to run your warrantee out you should have put $66,560 in maintenance account. Minus tires and services over this length of time you should have plenty of money to cover an engine failure.

The fact of the matter if you study trucking in the least before you jumped into the fleece, most trucking companies run around $.20 cpm for trucking maintenance expenses. Therefore, the $.10 cpm is just a down payment on the maintenance you should expect. And consider, most of those trucking fleets have in-house mechanics at that expense. At Swift they are making a profit of maintaining the truck they just leased you, so you should have expected to pay more then the $.20 cpm most fleets average for maintenance.

In the business model you should set up before you entered into the fleece should of accounted for that. That is you should have socked away $33,280 a year providing you actually average 3200 a week. Over 4 years that would be $133,120 enough to rebuild that whole truck.

Listen friend, I rarely have anything good to say about Swift but your numbers and expectations are off. I don't really want to argue weather you get 3000-3400 miles a week on a Costco account because that will take this discussion down the wrong path. I just want to let those that are thinking about a fleece, Swift, or working on a Costco account. That is far above any average at Swift. If you can't make the fleece work at those miles, business is not for you.
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Thank you! Math is a "business owner's" best friend. See how things make sense when you use your head? Well said and thought out @Toomanybikes

Coolbreeze100 · Nov 14, 2016

Okay. lease contracts are always beneficial to the lessor. There is no way anyone can tell me what interest rate prevails on the contract. I have no way to sucessfully project revenue because nobody can. So, you have no control over ANYTHING that determines the outcome of the business. A recipe for failure in my book. All risk sustained by the operator and, oh yes, the operator is still 100% required to deliver ALLof the labor. How could anything go wrong?

MACK E-6 · Nov 14, 2016

Coolbreeze100 said: ↑

Okay. lease contracts are always beneficial to the lessor. There is no way anyone can tell me what interest rate prevails on the contract. I have no way to sucessfully project revenue because nobody can. So, you have no control over ANYTHING that determines the outcome of the business. A recipe for failure in my book. All risk sustained by the operator and, oh yes, the operator is still 100% required to deliver ALLof the labor. How could anything go wrong?
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....While someone else still gets a cut of the profits.

Webster defines "insanity" as doing the same thing repeatedly and expecting a different result.

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