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  1. Pigeon Post

    Sylectus

    Five things I've learned in the last 2 weeks relating to this thread. 1. El Paso is a bad idea right now. For the last 2 weeks there have been 30 cargo vans and Sprinters just sitting there waiting for work. 2. Bidding low is dumb. That's how a guy ends up in a bad marriage. I'm not partnering...
  2. Pigeon Post

    Sylectus

    I don't know if the banks are loosening up now, or if I just got lucky, but I asked for a line of credit to cover my payables and they gave me more than I asked for. If I ever get to a point where I need to play the float just to stay in business, I guess it'll mean that business is either...
  3. Pigeon Post

    Sylectus

    I don't know how much Landstar charges for their quick pay program or whatever they call it, but I will never understand how factoring companies manage to convince people that a 4% flat rate is somehow a good deal to get money a month earlier. That's 48% annualized.
  4. Pigeon Post

    Sylectus

    Blizzard, this information is really helpful. Very much appreciated. I'm committed to Sylectus for a year at $250 a month. If nothing else, at the end of it I will have a pretty full rolodex of carriers and brokers. I really can't complain that much about it. It's paid for itself with local...
  5. Pigeon Post

    Sylectus

    Yeah, I've caught on to that in the last 6 months. I do see posted loads from some of those companies. The ones I haven't seen are Bounce C&M UPS Landstar Express (although I am Landstar approved) Straight Shot Averitt I still have some reaching out to do to make connections with a bunch of the...
  6. Pigeon Post

    Sylectus

    In defense of my judgment, I would like to say that I did at least have the presence of mind to ask the salesman how I could be expected to feel as though I was subscribing to an exclusive club based on strict parameters if my 5-truck fleet was being allowed in to the club. I didn't have the...
  7. Pigeon Post

    Sylectus

    Not for you, it doesn't!
  8. Pigeon Post

    Sylectus

    The van's operating cost includes fuel, maintenance, depreciation, insurance, and incidentals. So I'm up closer to $.35 p/mile.
  9. Pigeon Post

    Sylectus

    You're on Sylectus as an O/O? So their policy about only working with "companies that have 10+ power units" is just outright garbage, and I was not quite given the "special exception" that they claimed? Why am I not surprised.
  10. Pigeon Post

    Sylectus

    I don't want to break it down too much, but yes, the $.72 includes payroll cost.
  11. Pigeon Post

    Sylectus

    I'm gonna translate this as "smarter people have done dumber things with their money." I've had good Saturdays that started with worse news than that, so thanks.
  12. Pigeon Post

    Sylectus

    Well here's some more background on notions I have that you may want to disavow me of. I'd planned on being a partner carrier with "that company" in November with the idea that I'd have a nice straight truck with a sleeper, and I'd get good freight from them. Then it came to my attention that...
  13. Pigeon Post

    Sylectus

    I've got 1million/100k already because I'm planning on buying a straight truck soon anyway.
  14. Pigeon Post

    Sylectus

    Yeah I've got the benefit of a few years of good history with my local business, so I'm catching a break on insurance. At this point I'm gonna have my driver go out for a month and lose us some money before we get on with another carrier. According to the guy I've been talking to at FedexCC...
  15. Pigeon Post

    Sylectus

    John, I think someone should inform their sales staff of that. Hah. All kidding aside though, it's not quite as compatible with my current operation as I thought it would be, but it gives me something to grow into. And I've got a good foundation to grow on, so it'll happen one way or another...
  16. Pigeon Post

    Sylectus

    That's helpful, I appreciate it. At this point, I've got nothing to lose so I'm gonna go ahead and take your advice and send my guy to El Paso Sunday night. It'll cost me a couple hundred bucks, but luckily I've got a driver who has no problem being out 5-6 weeks at a time.
  17. Pigeon Post

    Sylectus

    Hey thanks to both of you. This is good info. I've got another 3 months to wait on my MC anniversary before I can lease to Fedex CC, Landstar doesn't lease Sprinters anymore apparently. So in the meantime, I think scraping by on scraps might be my only option. My actual cost is about $.72...
  18. Pigeon Post

    Sylectus

    I began subscribing to Sylectus about 6 months ago with the goal of expanding my local delivery business into new areas. While I got my insurance and authorities in order, I managed to get a few intrastate jobs here and there, and was somewhat encouraged by the results I was getting in terms of...
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