swift owner with more than 1 truck

Only one, but I have researched the process. Are you gettting it through IEL or are you bringing it on from the outside?

 

what about talking to the person that owns DSW.

 

OK ... you've already talked to IEL. So, you know the business plan and financial requirments.

I can tell you up front, if you are leasing a second truck the numbers won't shake out, unless you can put a team on it. Even then it's iffy.

If you buy a Columbia, you can break even with a solo and make a profit once the truck is paid off in 18 months.

 

Theres Tysmo (not sure on spelling) Transport in FL whose fleet is made up of leased trucks from IEL. All are team operated on the Target dedicated account. No solos allowed per a driver that works for them.

KH

 

Time Out!
Remember IEL charges that $0.09 cents per mile over 11,000 miles in a month. If your team drives 22,000 miles a month, you're giving up $990 bucks a month right there. You're gonna need that for maintenance-- $0.045 cents per mile it represents. You're gonna probably have to offer your drivers to split $0.40 cents, fuel will cost about $0.70 cents,then your payment and insurance, workman's comp for those guys etc. Through IEL you might clear $200 bucks a week for the first 2 weeks of the month then the last 2 weeks go into the hole for $200 bucks at $0.83 cents per loaded mile. Chances are pretty good your team will quit because they hate each other, or like each other and decide to jump ship for a $5000 sign on bonus at another carrier who will give them $0.50 to split, full coverage health insurance, 401k, breakdown, layover etc etc. Then you are 2000 miles away under your own JIT load trying to scramble to hire drivers while the truck is sitting there with topped off tanks they favored you with before they left at the end of the month just racking up fixed costs like an anchor dragging your leaking ship to the bottom.

Good luck though!