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RE: A Question For Expediting Veterans About Reces >Hmmmm. Phil, wasn't it you who have referred to the >veterans of this industry as not necessarily the people to >go to for answers but in reality, might have just gotten >lucky to survive in this industry through the years?? Yes, it was...

makes me curious as >to why you ask ppl things you're not prepared to answer >yourself. Interesting observation but do you have a specific example? I know of none.

It is a matter of context. Had the original question been more specific, and the timing of it relative to other posts been different, the response would have been different too.

RE: A Question For Expediting Veterans About Reces From posts, it seems that not all expediters know the basics. A good introduction to the business cycle appears on the How Stuff Works web site. For the entire article see: http://money.howstuffworks.com/recession.htm Excerpt: "In the...

The news is buzzing with people talking about a liquidy crisis, over-sold real estate markets, declining stock markets, and decling quality of commercial paper, among other troubling indicators. Some analysts are suggesting a recession may not be too far off. I do not know if a recession is...

>But why would someone sell property that appreciates every >year in order to buy a vehicle that depreciates. Any decent >financial planner would give a large NO to that instrument. RichM, I agree with you. So people do not misunderstand our circumstances. Diand and I DID NOT sell our house...

Broompilot, As stated on my web site (see truck specs link below), our truck cost $251,000 to build. That does not include the cost of our freight handling equipment. It also does not include finance costs and insurance, both of which will be higher than trucks that cost less. For the record...

Just one more thought, about the business and not forum members. For years, people have talked here about being prepared for the bad times. If something like an insurance rate hike rattles you now, fasten your seat belts and grab your prayer book. We all may be in for a real rough ride. While...

Broom, Being popular on an internet open forum may be a worthy goal, but it will do nothing to make you a more successful expediter. If I wanted to be popular, I would stay home, run for public office (so the media would put my picture in the paper and quote me throughout the state, and people...

This is good information, especially for newbies. I especially like the tip about keeping your hazmat chart in full view. Had not thought of that one before. Instead of a three-ring binder, we use a file organizer that zips shut, with the documents kept in document protectors inside. Pages are...

>"You aren't being realistic" huh? What the heck do they >think we're out here for? I don't think they care what we are out here for. The reasons people are out here are as varied as the drivers themselves. >Our amusement? Speaking for ourselves, Diane and I absolutely are out here for...

>You're not getting what I'm saying, Louixo. I'm not blaming >anyone here. But the companies and dispatchers have this >"here's something that's better than nothing" attitude. I don't get that from our dispatchers at FedEx. Perhaps that is because we do not accept low-paying loads, and when...

Almost as if on cue, this story appeared on EO's home page. http://www.expeditersonline.com/artman/publish/article_006164.html

Continuing in the food for thought mode, I read (skimmed) the California Court of Appeal decison filed 8/13/07. Of greatest interest to me was one of the Court's findings: "[FedEx Ground] Drivers work full time and exclusively for FedEx, and must work every day FedEx provides service unless...

article. "Unions have lost 44 out of 46 votes by FedEx drivers over the years, and in the two cases where they won, the locals were unable to negotiate contracts,...." I remain convinced that while these cases have the potential to really shake things up, the liklihood that they will is very...

>You are safe if you follow very basic items that are >provided by the IRS. Go to www.irs.gov for clarification. >If still unsure about your personal situation, I would >contact your CPA or attorney for further consultation. I would add that you are safe if you follow the basic IRS...

Yes, it could really shake things up, but where actions like this have been brought before, it has not. Various courts have made rulings on this in local cases in years past. I'm not sure how the cases played out in the long run but it is clear that they have not shaken things up much, if at all.

>Stuff in boxes, banded to pallets. We carry a lot of pallets banded to boxes.

>Been an o/o before, under a lease-purchase. To put it >kindly, it didn't work out. This time around it's soley on >me to make this work, and I have no doubts about doing that. > >-Vampire Super Slooth Trucker!!! 10-4. Wishing you the best. Cash reserves are your best friend on the road...

So, just so I understand, with this purchase, you are making the transition from fleet driver to owner-operator, correct?