Would you accept this offer?

Discussion in 'Ask An Owner Operator' started by 24lizard, Nov 25, 2018.

  1. snowwy

    snowwy Road Train Member

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    I understand it all too perfectly.

    1 guy isn't making millions for the megas. $250,000 tops and that's pushing it.
     
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  2. ZVar

    ZVar Road Train Member

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    I just did a little math. Swift had a gross revenue of $2.425 billion in 2017. They have 20,530 drivers listed on their msc-150 form.
    That's a revenue of $118,119 per driver. That's gross revenue though. Take out all the shop personal, dispatchers, management, sales guys, etc and I'd be surprised if they net 5k per driver....

    Of course they can do that as 5k per driver is still over a hundred million in profit a year....
     
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  3. 24lizard

    24lizard Bobtail Member

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    Do you have a list of their brokers? I would love to know how much they all made brokers > freight carrier you can run multiple department at once and commodity and accounts for shippers with brokers llc or corp acc that has association with one company
     
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  4. 24lizard

    24lizard Bobtail Member

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    Landstar set many annual financial and operational high water marks in 2017, including revenue, gross profit, operating income, net income, diluted earnings per share, truck loads and year end truck count provided by BCOs. Revenue in fiscal 2017 wasapproximately $3.6 billion, an annual

    Thats landstar as a broker swift is both so were looking at a total revenue of 5-6 billions for swift or more.
     
  5. ZVar

    ZVar Road Train Member

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    Or you could look at their sec filing and get real numbers instead of guessing. You know, like I did....
     
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  6. 24lizard

    24lizard Bobtail Member

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    I need a list of broker llcs or corp that run their loads and accounts aswell as contracts landstar as a broker made 3.6 billions charging only 25% or more per load for their o/o drivers i need to send out freedom of info quests from the irs to findout the totals im 100% sure its financial terrorism numbers of how much were enslaved
     
  7. 77fib77

    77fib77 Road Train Member

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    Lol. I figure a tanker truck grosses 215k with fuel surcharge. 50k for fuel, another 10k for qual comm , plates, bobtail ins, occ, 2290. Then more for repairs, truck payment, hazmat insurance, rolling stock. Then some driver pay. Truck lasts 5 years?
     
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  8. adayrider

    adayrider Road Train Member

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    Is that Hillary in a nightgown?
     
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  9. buzzarddriver

    buzzarddriver Road Train Member

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    Or, you could just call Swift's corp offices and i'm sure they will give you the names, phone numbers and rates for all their customers.
     
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  10. Old Man

    Old Man Road Train Member

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    LS gross freight bill for the year was 3.6 billion, not their 25% take,
    You need to learn to read annual reports, not get your info from the counter of knowledge.
    I guess you know when you run your own numbers you get 100%, brokers and 3PL’s don’t take a cut, they do it as a public service.
     
    Last edited: Nov 25, 2018