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06-16-2008, 07:41 AM
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#31 (permalink)
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Senior Member
Join Date: Jun 2006
Location: .
Rating:
Posts: 215
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Re: Extra Money Expediting
carpunky, what you describe in your original post seems very feasible. Your insurance for your own authority with a van should not cost that much. It sounds like you know what you are getting into so go for it, have fun and make some money.
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06-16-2008, 10:09 AM
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#32 (permalink)
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Senior Member
Join Date: Jan 2008
Location: Southern Ontario
Rating:
Posts: 472
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Re: Extra Money Expediting
Maybe it's different down there, but our insurance is outrageous, and I was told (by insurance broker) it wouldn't make much of a difference in a van... same liability risk/coverage, same cargo coverage, etc.
I was thinking Carpunky would be better off applying at courier places to see if they would take him on part-time, under their policies/authorities, etc.
__________________
It's what you do when no one is looking, that determines your ilk
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06-16-2008, 09:18 PM
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#33 (permalink)
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Senior Member
Join Date: Sep 2004
Location: Charlotte, NC, usa.
Rating:
Posts: 2,539
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Re: Extra Money Expediting
It would not be Expediting that you are looking at: It would be Courrier Work. Now go try the offices near that Airport as your schedule "might be" ideal for that. Basically the same thing just not the longer miles, and Courier's return to the Domical (Terminal) after the runs for another load.
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06-16-2008, 10:50 PM
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#35 (permalink)
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Senior Member
Join Date: Nov 1999
Location: Greensburg, Indiana, USA.
Rating:
Posts: 1,711
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Re: Extra Money Expediting
Carpunky, if your fear of failure is greater than your desire to succeed then, don't do it.
Otherwise, go for it. Many of your responders are the former. So why ask us clowns.
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06-17-2008, 06:34 AM
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#36 (permalink)
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Senior Member
Join Date: Jan 2007
Location: Middletown, Ohio, Butler.
Rating:
Posts: 315
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Re: Extra Money Expediting
mr punky if this is something you really want to do i say go for it forget all the naysayers go with your gut feeling
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Buckeyewildman
ooida #653953
sapamil expediting
never lose sight of the fact that old age needs so little , but needs that little so much
all opinions are my opinions so please don,t fire me
trying times are not times to quit trying
salvation is free to us but someone paid for it
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06-17-2008, 11:46 AM
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#37 (permalink)
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Senior Member
Join Date: Jan 2005
Location: Eminence, Indiana, USA.
Rating:
Posts: 335
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Re: Extra Money Expediting
Quote:
Originally Posted by carpunky
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You might use caution with MidWest Expediting. Their website and contact info looks earily similar to All Types Expediting which does not have the best reputation according to other posts on this site.
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06-17-2008, 03:08 PM
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#38 (permalink)
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Senior Member
Join Date: May 2006
Location: Florida
Rating:
Posts: 877
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Re: Extra Money Expediting
Unfortunately, getting one's authority and part time driving don't go hand in hand, unless you independently wealthy. By the time you researched the costs of insurance alone, you'd need to change your underwear.
Your best bet is get some kind of dedicated route contract with a carrier in the evenings that would allow you to keep your present day job schedule.
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Jeff
O/O 16 years
OOIDA member
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06-17-2008, 08:46 PM
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#39 (permalink)
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Senior Member
Join Date: Jun 2006
Location: .
Rating:
Posts: 215
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Re: Extra Money Expediting
I believe he was talking about a cargo van which would require only $300,000 primary liability and $50,000 cargo. If you run an older van as I do your insurance bill should only be $200 or less a month. If you partner with another carrier they may require alot more insurance just to haul there loads. That is something I do not know about as I have my own customers and do not need to partner with other carriers.
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06-18-2008, 09:32 PM
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#40 (permalink)
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Member
Join Date: Jan 2008
Location: Mound City
Zodiac Sign:
Scorpio
Rating:
Posts: 54
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Re: Extra Money Expediting
The runs you are seeking are out there. I just got back from one. Pickup in Warrenton MO and taken to the FedEx depot near the St Louis airport. Its not really a profit maker for me but it keeps the customers happy so they call back with the long runs next time.
To make your business plan work you will need to contact all the appropriate companies in the area and let them know what you have to offer. Once you start you will need to be available EVERY day and EVERY weekend. The last thing you can afford to do is turn down a run when you are making first impressions with a new company.
The suggestion to use somebody else's authority is very good if you can manage it. You should try to keep your overhead as small as possible. I am talking obsessive.
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Mound City Buggy Company
Most people don’t change when they see the light. They change when they feel the heat.
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06-19-2008, 08:45 AM
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#41 (permalink)
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Senior Member
Join Date: Nov 1999
Location: Greensburg, Indiana, USA.
Rating:
Posts: 1,711
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Re: Extra Money Expediting
Well there McBuggy, i'm relieved to see SOMEONE gets it. Obsessive, is what it takes to succeed. Those that tink "doing your own thing" will simplify their lives are, dead wrong. If you "don't wanna" and, don't when the phone rings once in a while, then the phone WILL stop ringing. As an example, steada dreaming bout a vacation to Belize, you first have to dream bout, who is going to cover the freight while you are gone. And, if you can't surround yourself with good people that wanna, then, you are it. Period!
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06-21-2008, 12:41 PM
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#42 (permalink)
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Member
Join Date: Jun 2007
Location: .
Posts: 36
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Re: Extra Money Expediting
Quote:
Originally Posted by carpunky
Hello,
A quick question , which I am sure will get ridiculed.
First off, I plan on doing this without quitting my present job , which is straight days.
I just miss the road after being on it and expediting for a local mom and pop company, there were just no benefits. Is the reason I left but you could not have asked for a better boss.
I was thinking of buying a used van and getting my own authority. I know a few local mom and pop expediters who have to refuse runs at some point because they have no available vans or B trucks.
I live close to a major airport and i know for a fact there is quite a few expediting runs that leave the area.
I am just wondering If I could get enough weekend and nightly runs to make it feasable .
Thank You
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I can show you how to make more money in 10 mins a day than you could with a cargo van running short diatance. not a pyrmid and does not require selling.
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06-28-2008, 10:22 PM
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#43 (permalink)
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Junior Member
Join Date: Jun 2008
Posts: 19
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Re: Extra Money Expediting
IMHO, if you want to give a true go at this industry full time is the only option. I never new another expediter who had a full time job back home, just my opinion.
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