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06-17-2008, 03:22 PM
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#1 (permalink)
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Junior Member
Join Date: May 2008
Location: Dallas/Fort Worth TX
Zodiac Sign:
Aquarius
Rating:
Posts: 6
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Attention Solo Drivers
I currently work for a contractor leased onto Fed Ex CC that is selling his truck and getting out of being an O/O. He has offered to sell me the truck for $45,000. It is a '05 M2 class Freightliner with 476,000 miles on it. I have been in the truck for 1 year as the co-driver and it has been getting regular scheduled maintenance. I would like to stay working for Fed Ex CC as a contractor. My question is... Should I buy the truck or become a co-driver for someone else within the Fed Ex CC IC and O/O? I know the pro's and con's of being an O/O from discussing the business with my current O/O. Our household expenses are about $3,500 a month. My wifes income is about $2,200 a month. The estimated truck payment could be $900 a month. I have talked to a couple of solo O/O and they have said that I could make $90,000 a year after expenses. I do not know if what they quoted was the meat or the stuffing   . I know everyones situations are as diverse as there are grains of sand on the beach but, I am seeking advise so that I can make an informed decision. Please send replies to me as a private message.
__________________
A fine point to remember about critical mass is that once you hit that stage, people will perceive the value your service has to offer to be equal or greater than the price they’re paying for it (also known as utility/price ratio).
FedEx Custom Critical
D6000
Primary/Co-Driver
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06-17-2008, 05:22 PM
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#2 (permalink)
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Moderator
Join Date: Sep 2004
Location: Pearland, Texas, U.S.A.
Zodiac Sign:
Aries
Rating:
Posts: 6,018
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Re: Attention Solo Drivers
I'm going to post here so anyone interested can read it rather than PM. Based on input I receive it seems FedEx is primarily a team oriented operation. All carriers seem to do better with teams since there aren't HOS/mileage limitations on runs. That said, some seem less solo friendly than others and this seems to be one of them. That doesn't mean they don't treat solos well, they do, but it means fewer load opportunities. Based on their own published figures for solo run count and mileage I don't see how a solo can expect $90k after expenses. That sounds more like the pie than the meal.
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Leo Bricker, 73's K5LDB
OOIDA Life Member 677319, JOIN NOW!
John O, you were the best. Rest well my friend.
Panther & FedEx fleet owner
EO Forum Moderator
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Support the entire Constitution, not just the parts you like.
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06-17-2008, 05:56 PM
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#3 (permalink)
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Junior Member
Join Date: May 2008
Location: Dallas/Fort Worth TX
Zodiac Sign:
Aquarius
Rating:
Posts: 6
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Re: Attention Solo Drivers
Quote:
Originally Posted by LDB
I'm going to post here so anyone interested can read it rather than PM. Based on input I receive it seems FedEx is primarily a team oriented operation.
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I understand that you would have a better opportunity as a team operation. I am just asking for advise on solo strategies for operating the truck until I can put a co-driver in the truck and be a team. Then on the other hand should I buy the truck at all or solicit other O/O to become their co-driver.
__________________
A fine point to remember about critical mass is that once you hit that stage, people will perceive the value your service has to offer to be equal or greater than the price they’re paying for it (also known as utility/price ratio).
FedEx Custom Critical
D6000
Primary/Co-Driver
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06-17-2008, 06:11 PM
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#4 (permalink)
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Moderator
Join Date: Sep 2004
Location: Pearland, Texas, U.S.A.
Zodiac Sign:
Aries
Rating:
Posts: 6,018
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Re: Attention Solo Drivers
First let me apologize for jumping into your FedEx forum. I didn't see this was not in the main area. Since I already jumped I'll just add that if you do plan to go team I believe you can reasonably expect to do $90k after expenses, with a good teammate and good percentages. If you plan to remain solo for a long time you may want to explore additional carriers. Hopefully some FedEx solos will respond. Good luck and I'll go back to my area now.
__________________
Leo Bricker, 73's K5LDB
OOIDA Life Member 677319, JOIN NOW!
John O, you were the best. Rest well my friend.
Panther & FedEx fleet owner
EO Forum Moderator
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Support the entire Constitution, not just the parts you like.
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06-29-2008, 07:59 AM
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#5 (permalink)
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Senior Member
Join Date: Jan 2005
Location: Kent, Oh, USA
Zodiac Sign:
Virgo
Rating:
Posts: 2,039
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Re: Attention Solo Drivers
i would have my wife become my co-driver,put the whole pie in your house,think you would do very well,but if your going to remain soloi would go work for someone else as their co-driver
__________________
 
Roberts Express in 1984
owner operator E6613
Steve Gilbert
OOIDA 263839
FedEx CUSTOM CRITICAL
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07-17-2008, 09:30 PM
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#6 (permalink)
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Senior Member
Join Date: Nov 2001
Location: United States.
Rating:
Posts: 142
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Re: Attention Solo Drivers
Just my opinion but you are looking at a truck with a lot of miles, depending on the type of engine you might be looking at a major overhaul in the not too distant future. You did not say what kind of engine but if it is one of the class 7 engines you could be looking at an overhaul in as little as 500,000 miles.
And as I said before this is just my opinion. You might get lucky and get 1,000,000 miles with no problems but I always feel better if I have considered the worse case scenario.
__________________
Just keep it between the lines. (And don't hit the guy in front of you)
Don't give it a second thought, if you didn't get the first time you won't get the second time either.
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07-18-2008, 09:22 AM
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#7 (permalink)
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Moderator
Join Date: Aug 2005
Location: Lake Saint Louis, MO, USA.
Rating:
Posts: 2,301
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Re: Attention Solo Drivers
criticalmass you know the truck better than most as you have been in it long enough and you know how well it has been maintained. You are not in the best area of the country for a solo or to even to find a co driver. You are though in a pretty good area for air freight and interstate loads. I would suggest you do a lot of talking to a recruiter to see how solo's do in that area or the possibility of getting a team member. Keep FedEx Custom Critical in the loop and I think you will get good bases to decide your future.
__________________
Bob & Linda FedEx CUSTOM CRITICAL
Owner/Operator D6077
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