Truck Leasing Business for Intermodal in the South East?

Discussion in 'Intermodal Trucking Forum' started by ToddCarolina, Oct 15, 2017.

  1. ToddCarolina

    ToddCarolina Bobtail Member

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    Oct 15, 2017
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    Hi - I'm brand new here and to the trucking industry. I'm in the process of looking at a truck leasing business that is for sale, and I'd like to get some thoughts from you guys. This particular business focuses on intermodal transport from the south east ports to some of the rail stations inland. The leasing model in this business is essentially a profit share on what the truck produces. So I would provide the trucks and take care of their, fuel, insurance, maintenance, etc., and the driver would simply drive the routes. The "Lease" payment is strictly a share of the profits the truck produces.

    Do any of you know of any similar arrangements with companies out there today? Good/bad for the driver?

    Any thoughts on intermodal specifically in the south east US? Growing or declining market?

    Is it harder to get a driver interested in being more of an owner/operator on a lease model than it is to simply bring on an hourly employee?

    Any info or thoughts you have would be greatly appreciated!

    Thanks!
    Todd
     
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  3. chalupa

    chalupa Road Train Member

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    Jul 22, 2010
    Houston,Texas
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    I would say no to the model. I have sat on both sides of the desk before my career change and hooking your stream to the trucks P&L is a disaster. Too many factors involved that way.

    What is the sellers operating ratio? Why is he selling?

    You may want to dig into this much deeper.......
     
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