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  1. NYExpedite

    Starting soon......all input wanted

    Awesome, thank you for the info. I have some money saved up to contribute to the business, but im thinking i will be able to do even better and not have to be gone for weeks at a time if i can just buy the van outright or at least 60% of it. As it stands im including about $450 a month in loan...
  2. NYExpedite

    Starting soon......all input wanted

    Yes, i knew that, i misspoke. i can go ahead and just form the company now, and get the insurance and MC down the road. If im running as an owner op for another company generally we run under their insurance right since its their mc?
  3. NYExpedite

    Starting soon......all input wanted

    Yeah, definitely not. I'm thinking minimum of 6 months before I fully start. At least start driving, i can go ahead and form the company and MC and everything and then get the van and everything down the road
  4. NYExpedite

    Starting soon......all input wanted

    I know, and I do greatly appreciate it all. I know it will be tough, but I know about what amount of gross monthly income I would need to net the same that I am making now after everything is paid for. My wife has a good job too, and the way it stands we could 100% afford to live off of one of...
  5. NYExpedite

    Starting soon......all input wanted

    So im supposed to just never start my own company? I went to business and supply chain school so I could do this exact thing. I mean I get the risks involved. If it failed, it would be easy to sell off my business assets pay the loan off and go back to a desk job.
  6. NYExpedite

    Starting soon......all input wanted

    Good to know.
  7. NYExpedite

    2019 Expediting Results are in

    How long did it take you build it into being this profitable? That's amazing! Did you start off driving?
  8. NYExpedite

    Starting soon......all input wanted

    Are factoring companies out of the question? I mean honestly I think paying a company 3% of the load is worth the hassle of not having to do all that myself. Again, I don't know anything about factoring companies from the payee side but my experience with factoring companies seems like its a...
  9. NYExpedite

    Starting soon......all input wanted

    Yeah, I already have a name and everything(Not NYExpedite, i made this account weeks ago before i came up with the name). I'm developing a financial plan now that allows any potential lenders to see my projected income vs projected costs. My father in law has owned a business and property for...
  10. NYExpedite

    Starting soon......all input wanted

    This is good, it's looking like I will probably have to sign on to a company, at least for the first year maybe. Do companies give you the ability to, while working with them, book your own loads with your own MC# if necessary? That's my only concern. I worked for a company that didn't allow...
  11. NYExpedite

    Starting soon......all input wanted

    So i can't get commercial auto insurance unless I have 10 years of experience? That seems a bit unreasonable. But yes, I have looked into insurance costs. And to the guy who mentioned running the business from behind, I have saved up money FOR this business. I have seperate money I have saved...
  12. NYExpedite

    Starting soon......all input wanted

    I don't mind being gone longer than 24 hours, just won't be staying out for weeks at a time. I can be gone for a few days at a time, like over the weekend especially. I've seen a lot of short 50 or 60 mile runs pay expedite carriers $200 or more depending on the lane. I really appreciate all...
  13. NYExpedite

    Starting soon......all input wanted

    I would still work my day job. I already know that I would be able to make a small profit while working my day job and driving part time.
  14. NYExpedite

    Starting soon......all input wanted

    I won't have really any costs except for any van repairs and gas and maintenance for roughly the first year, that's what my banked money is for, i've been saving for quite some time, and my bank has already pre-approved me for a small business loan for the amount I need, just need to get it on...
  15. NYExpedite

    Starting soon......all input wanted

    Was that first comment sarcasm? I have some money in the bank, and a pretty solid credit history so I don't see a small business loan being a big issue. I fully understand that this WILL be a struggle, at least in the beginning. I just needed some input from people who have been doing it a...
  16. NYExpedite

    Starting soon......all input wanted

    Fair enough. I know what certain van loads go for, I know from what our cargo van loads go for, depending upon distance. I wouldn't mind leasing on to a reliable carrier in the beginning, but my main goal is to completely do my own thing and not have to pay a middle man to just get a load for...
  17. NYExpedite

    Starting soon......all input wanted

    But from what i know about sylectus, you have to have 5 vehicles in your fleet and maintain common authority for over a year. Not something I can really utilize right away. Let me ask you this, what kind of rates do companies give to expedite owner ops?
  18. NYExpedite

    Starting soon......all input wanted

    I talk to truck drivers and other brokers every single day, if my feelings were easily hurt, I wouldn't be in this business. I guess more or less what I meant was is there a dedicated cargo van/ straight truck load board that owner ops use?
  19. NYExpedite

    Starting soon......all input wanted

    Hello All, I am planning on starting an expedite business soon. I have experience with straight truck driving in the past at past jobs. I currently work at a brokerage and we have a lot of cargo van/straight truck freight. I know the business pretty well but have wanted to start my own business...
  20. NYExpedite

    Starting Soon.....all input wanted

    Hello All, I am planning on starting an expedite business soon. I have experience with straight truck driving in the past at past jobs. I currently work at a brokerage and we have a lot of cargo van/straight truck freight. I know the business pretty well but have wanted to start my own business...
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