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The failures failed because they did not learn the business. It's the same as driving a four-wheeler. It is not hard to learn how to drive a car safely and well. Sadly, there are not a lot of people out there driving cars safely and well. While it is easy to learn, and the how-to information is...

My point exactly, DaveKC. That is why I am asking you a simple question. The question is, what is the formula for calculating ROI? More to the point, you are the most outspoken ROI advocate in the Open Forum. You own trucks. You are an expediter (fleet owner today with prior on-road...

Great post, Kyreax! Among experienced drivers, it is a natural occurance to forget what it is like to not know what they now know. This business is not hard to learn. That fact is demonstrated over and over again by those newbies who enter with no experienced and are soon putting up numbers...

The case presented is not my case, it is a hypothetical case of a one-truck owner-operator team. It is a formula I seek. I want to know how to calculate ROI. I am asking about a formula so we can avoid slipping into a debate about truck cost, sleeper size and lifestyle choices. I want to know...

Doh!!!:( I said above I would not post in this thread, and then I did. Embarrassed here. I meant to put this not in this thread but in the General Economic Conditions thread, so as to honor my promise not to post in this one. The reason the link to "the other thread" points to this one is I...

OK. I have been reading more about ROI in the other thread, private messages and e-mails received, and on a handful of online resources. For the purposes of discussion, I will, for the moment, set my opinion aside that ROI is a meaningless indicator in a one-truck expediting business. Instead...

Diane reminds me about fuel. It is wise to arrive in the San Diego with tanks near full. The familiar truck stop brands are not found in San Diego.

In nearby Coronado, Ocean Blvd. is an easy truck route. Highway 75 leading to it is a little tighter but doable. Ocean Blvd. runs right along a public beach that has a building with bathrooms. A couple blocks away is the downtown area that features lots of eateries and interesting shopping. The...

That's a bummer about that accident, not only for her but for you too; and due only to a dropped object and a moment of inattention on a stranger's part. Things can change in an instant, can't they?

Click here to read my comments about revenue.

According to some, Return on Investment or ROI is an important indicator in running an expedite business and an important concept to grasp. Personally, I am not so sure of that, but there are others who are very sure. Perhaps some helpful people who understand ROI better than I can use this...

There is concrete and abstract. A truck is concrete. Truck depreciation is abstract. Money in the bank is concrete. ROI is abstract, and especially so because because it is open to conflicting interpretations. How much longer must we belabor ROI? The people who say it is important do nothing...

Sorry, Dynamite 1, I misunderstood your question. Can't help you with NLM info. We have not seen a piece of automotive freight from any source in a long time.

ThibodeauxBayou, That is a cool grouping of stops. It seems you managed to stay pretty much in the same region, which is something some expediters may benefit from doing. Can you tell us more? What kind of loads? What kind of truck? Solo, right? Carrier?

Expedited loads? What kind of truck?

On the run we are on right now, the FSC is $0.31 per mile (actually $0.3095) for all miles (deadhead and loaded miles combined). The fuel surcharge adjusts weekly, which is a good thing. We just drove by a sign showing diesel selling at $3.959 per gallon. The Flying J down the road charged...

Thank you RichM for clearly demonstrating the point I just made.

DreamTeam44, You are exactly right. It was with people like you in mind that I originated this thread. Remember? It started out talking about general economic conditions. It also included a word of caution about not entering the industry without some money in the bank. Sadly, the subject was...

Congratulations on your financial success to date. It is a rare person who builds savings of $100,000 at a young age. The skills that helped you do that will serve you well in expditing too. As a team drvier myself, I am reluctant to provide specific answers to your questions as the day-to-day...

:):):):) Good one. Brought a smile on.