Panther: going solo - cargo vs straight

B

Buster

Guest
(Background info - ran as team in straight truck for Panther for 15 months as independent contractor. Been "off the road" since Labor Day. Got tired/frustrated of dispatch games, thought I could do better at home in my old field of nursing - WRONG! That field is dry in this area, plus it was easier to deal with dispatch than with nursing home politics, the residents and their oh so lovely families. I want to run as a solo with Panther now.)

YES, I know a team make more money any way - but that option is off the table.

My questions are:
As a solo independent contractor - would I be making more $ in a cargo van or in a straight truck? (yes I know it depends on the "split" and who pays the fuel). Any suggestions on what to look for when talking/negotiating with an owner? (Beside getting it in writing)

Who gets more load offers - CV or ST? (When we ran team ST it seemed at times we where hit alot with CV offers based on weight/size/distance/time/RPM.)

I spoke with a recruiter at Panther and he said he will put me back in the system and contact owners who are Panther approved. But, it seemed to me he was leading me to drive a ST instead of a CV, was he blowing smoke up my leg? He led me to believe a solo ST made more $. Any comments on that?

I was leaning toward a CV based on lower fuel costs, the past history of load offers we receeved, passing more CVs when I was driving. Also a CV is gas not diesel - if I paid the fuel it would concievably be cheaper for me to relocate myself.

Thanks for your input,

Carl J.
Lorain, OH
 

Fr8 Shaker

Veteran Expediter
Buster, In my opinion if you drive for an owner on the usual 60/40 split in a cargo van and have home expenses ie. morgage/rent utilities and the sort and your the major or sole provider, you will go broke. Sorry I didn't paint a pretty picture but thats the truth.

Some may paint it better just remember, You heard it here first.


Best of Luck,
Fr8 Shaker


p.s. It may work out ok if you have another income coming in such as a pension. Also if you were able to get your own van that would be much better.
 
B

Buster

Guest
>LISTEN BUSTER, sorry I just had an urge to type that!

LOL, no problem Moot. Thats kinda how my cat named himself Buster.

As far as CV vs ST - I've decided to go with a ST. This was based on gut feelings, the way the Panther rep spoke and a phone call from the owner we drove for as a team. Who by the way was/is a phenomenal business woman. FAMILY EXPEDITERS based out of Akron. WOnderful to work for and made us lotsa money the smart way!

Carl J.
Lorain, OH
 

FAMILYEXPDT

Seasoned Expediter
Actually Buster fits you in that sense :p

Good luck to you and remember my number if you need anything. You guys were great.


-charlotte
 
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