bentleytech1
Seasoned Expediter
I have been considering expediting, and as I go thru the numbers and read daily posts, I'm confused. the numbers work. I used the spread sheet in EO and it makes a lot of sense.
I notice people saying that you can't make it unless your retired with a retirement income, or have a spouse at home making big money. If that's true, then why are there so many fleet owners? With an investment in truck, repairs, maint., and paying a driver some split (60/40 or 40/60) how do they make any money? If they had that kind of money invested and only get a 2%-5% return, wouldn't they be better off just investing it at 8%-10% with less risk somewhere else?
Also, if there are fleet owners making money, why would it be so hard for a O/O to make money as he gets to keep the whole shot of income, and has greater control over keeping his truck in good shape?
I've been reading everything I can here on EO and have really learned a lot from all of your experiences. THANKS!!
I notice people saying that you can't make it unless your retired with a retirement income, or have a spouse at home making big money. If that's true, then why are there so many fleet owners? With an investment in truck, repairs, maint., and paying a driver some split (60/40 or 40/60) how do they make any money? If they had that kind of money invested and only get a 2%-5% return, wouldn't they be better off just investing it at 8%-10% with less risk somewhere else?
Also, if there are fleet owners making money, why would it be so hard for a O/O to make money as he gets to keep the whole shot of income, and has greater control over keeping his truck in good shape?
I've been reading everything I can here on EO and have really learned a lot from all of your experiences. THANKS!!