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targuard86 Teamdriver is a good example of a team with lots of hustle; however, his high revenue, I believe, is an anomaly and you should expect to gross, to the truck, about $125K-150K, in the beginning. A typical team would get to share 60% of that. Terry

A recent post by a prospective expediter indicated that his analysis of expenditures would include a 25% set aside for quarterly tax withholding. A good idea to err on the side of too much rather than not enough withholding; however, given the myriad trucker related deductions, not many us need...

Congrats on you and your van getting aboard. Best of luck to for success of each of you. We know, reasnably well, a couple from the south that own 7 tractors and some trailers and have kept the same teams operating them for several years. Having picked good drivers and people in the first...

RE: Court rules FedEX Ground contractors are emplo This is good news for the employee-like contractors that have been running for FedEx Ground since its inception. FedEx Ground and its method of operation, however, should not be confused with FedEx Custom Critical, nor most any other major...

I want to die in my sleep like my grandfather, instead of yelling and hollering like all the passengers in his car.

RE: Say you were in charge of Ford, Chrysler, GM, I want all of the above available to me as cargo van standard or option. I want in-dash gps navigation system; In-dash XM, AM, FM, CB, Cassette and CD player; Plug-in for Qualcomm Mobile Comms Terminal; A power point console for pluging...

Just to add salt to the wound of the owner of a stolen T/T, I suspect you'll need to cover the deductable for your Tractor, another homeowners insurance deductable for covered lost personal items. Then more deductables for their tailer and their qualcomm, plus the freight deductable. Then if...

16. Densa: For those of us not qualified for Mensa

Thanks Bob, and thanks for calling in. It was good to hear from an old friend and forum member Terry

Thanx for the Kudos. That was about the fastest five hours I've ever spent. We enjoyed ourselves a lot thanks to Dave Nemo who is a great host and a class act. Lawrence has added another notch on his belt in showing that EO is quite a bit more than a forum where the idle among us enjoy the...

My hand always looks like that; I think it's the arthritis!

JANUARY 1, 2005 THROUGH AUGUST 31, 2005 IS $ 40.5 PER MILE SEPT 1, 2005 THROUGH DECEMBER 31, 2005 THE NEW RATE IS $ 48.5 PER MILE. The mileage allowance combined with the Std Meal Allowance for a van doing 100,000 miles during 5 days a week for 50 weeks will provide a combined deduction of over...

The trend in expediting is nearly always Owner/Operator leased to a carrier as an independent contractor. There are, however, lots of companys with several trucks that also lease their trucks to the same carriers. Many of these fleet owners employ drivers but they are typically independent...

good question. All those #'s represent gross to the truck. Terry

A note of caution: the Federal Regulations state, in part... (6) Transition rules. Under the calendar-year convention provided in section 4.04(3), a taxpayer who used the federal M&IE rates during the first 9 months of calendar year 2005 to substantiate the amount of an individual’s travel...

My sources tell me that a B team earns 33% more than a B single; a C team 69% more than a single; a D team 67% more and an E team 60% more. A C grosses 83% more than a B A D grosses 217% more than a B An E grosses 290% more than a B These numbers are representative of some, but not al...

Let me know if you decide to market a model with a 3" opening.

You, errr.. your friend were lucky in that the company didn't hire someone else to redeliver. This seems to be a fairly common practice, delivering a load to the right building but the wrong companies dock door. Think about how many times the receiving clerk never looks at the BOL before signing.

are you selling the "Professor's PVC Pee Pipe"?

That is great news. This, along with the increaed mileage allownace on 1 Sept, will get our taxable income to near zero.