Con_way Now ??

hdl

Expert Expediter
I noticed Con-Way Now has a first time buyer program running. Express-1 had a similar program running at one time. Anyone have experience with these type programs?

Does anyone have experience has a solo D O/O with Con-Way?

When I drove OTR I always liked deliverying to their docks. Always had nice driver areas.
 

LDB

Veteran Expediter
Retired Expediter
I just started talking to Con-Way owners. I talked to one guy that has 20 trucks with them and 5 elsewhere. He said he can't move the other 5 or they'd be there too. I talked to a solo D O/O after that. Both were referrals from the company so I expected very positive opinions. Since then I've talked to 3 others randomly approached at truck stops and all 3 were also very upbeat and positive about the company. I'm continuing to look for their trucks to talk to the operators but so far it sounds good. I don't know about their program but I'd be careful with any company sponsored purchase program. Good luck.

Leo Bricker
OOIDA 677319
truck 4958
73's K5LDB
Support the entire Constitution, not just the parts you like.
 

hdl

Expert Expediter
I don't know about their program
>but I'd be careful with any company sponsored purchase
>program. Good luck.
>
>Leo Bricker

Thanks Leo

Think I'll send off for the info they provide. Since there have been many positive comments about Freightliner of Knoxsville (sp?), and that is who they are working with, I thought it would be worth looking into.
 

LDB

Veteran Expediter
Retired Expediter
FL of Knoxville is a good organization and Jon Mosier is a stand up guy. You can be comfortable working with him. He will do what he tells you he will and he won't lie to you. That doesn't make it a good idea to go into an arrangement with the company you lease to.

In the OTR world it's a guarantee of great months till you are about 2 or 3 months away from completing the lease purchase. Then the miles dry up and the truck is repo'd and they do it all over with the next guy. I don't think Con-Way has a scam going like that and I know Jon wouldn't knowingly participate in such but there have been too many horror stories in the OTR semi's world to not cause concern whenever the program is mentioned.

Take it slow and be sure what provisions are in place to protect you just in case of a significant drop in business. Good luck.

Leo Bricker
OOIDA 677319
truck 4958
73's K5LDB
Support the entire Constitution, not just the parts you like.
 

hdl

Expert Expediter
I don't think Con-Way
>has a scam going like that and I know Jon wouldn't knowingly
>participate in such but there have been too many horror
>stories in the OTR semi's world to not cause concern
>whenever the program is mentioned.
>
>Take it slow and be sure what provisions are in place to
>protect you just in case of a significant drop in business.
>Good luck.
>
>Leo Bricker

That is the first thing my trainer told me when I got on 'his' truck when I started with CR England. As it happened he was a lease driver too but he also served as a trainer. According to him that was about the only way he could make it as a lease driver.
 

dukesadog

Expert Expediter
I dont know about that....I leased a truck from North American from 1995-2001 ( no money down) and made a ton of money with them....but that was back when fuel was like .75 a gallon too..I cant speak for what they pay now or if they even still run the electronics fleet I was in. ( I did average 340 days on the road per year too so thats a factor).

I'm sure the little dweeby managers have gotten in there and ruined all aspects of a lease program by now.

Dukesadog
Neptune Beach Fl
( land of the 3.25 a gallon fuel)
 
G

guest

Guest
I'm a solo o/o in a D truck with Con Way Now and I think it's a great company to be leased to. As for the lease/purchase, it was touched on briefly during orientation and that's all I've ever heard about it. In other words, they are not pushy about it. With that said, I would see what the best deal is going through the company and see if you can't make that same deal on your own. You usually can.
 

davekc

Senior Moderator
Staff member
Fleet Owner
If you are new, and are attempting to lease equipment, make sure you know EXACTLY what you are getting into. If not, obtain a third party that has a background in trucking or transportation to review it.
I personal have never been a big fan of doing a lease purchase.
Mostly for the reasons that others have listed.

Davekc
 

Nightflight

Expert Expediter
Frisco Mike, thanks for this post, and many of the others, very
informative!!

If all would pardon the length of the message, I've been lurking and researching over the last several months, and I could use some
helpful suggestions.

I'm a recently, medically retired airline pilot. I won't be flying
again, however it won't hinder the DOT card. When fuel was reasonable, I'd drive my personal Motorgarage/FTL Columbia loaded with motorcycles, mostly for delivery for friends. I realized that
the similarities with flying were too much to ignore.

That being said, I'm ready to pull the trigger on a new career. As
you know, it's next to impossible to get on the road with no experience, unless you're willing to go to Schneider etal. So, I did, was hired within 10 minutes, (no surprise there) and fired as
soon as they learned I'd been medically retired. The nurse, in a
thinly veiled attempt to pacify me, basically told me I was a walking
potential workmans comp case. So, I've found this to be true elsewhere, as when you're in your late 40's with a medical history,
nobody wants you.

Next step was noticing Conway Now's ad, and inquiring. Very nice
people, (aren't all recruiters?) but seemed sincere, and eager to
answer all of my questions. At any rate, the offer is to complete
CDL training (passed the written the other day, and for other newbies, the LOWEST PRICE TRAFFIC SCHOOL study material contained not
one single question on the FL exams) by selecting a school for the
driving part of the training.

My questions mostly lie in the reasonability for success. I work
my arse off, and despite my age, still have a mind like a sponge.
Is it reasonable to believe that with a minimum amount of experience,
that I can get comfortable within a month or two ? I know from
other boards, there are always the same chronic posters, who are
unwilling to accept that there are people who are driven to learn
and succeed, in addition to be concious of safety and skill limitations. If you consider the military for example, if it weren't
for good training, and selection, they wouldn't turn loose a 26 year old with less than 750 hours of flying, with a $150,000,000 jet.

I'm reasonably well capitalized. I can purchase a late model
Volvo 780 for cash, and still keep about 20K reserved for contingencies. If I had my way, I'd like to train in the truck I
buy, but when I mention that to some of the schoolhouses, well, it's like a dog watching a card trick. Insurance from OOIDA is going to
run around $540.00 per month, which as far as I can tell is reasonable. After 1 year, I get a 15% break, if I don't ding anything.

Now onto the meat. Conway just revamped their pay schedule. They
advertise $1.30 per mile plus fuel surcharge. Several weeks ago, it
was running at .21 to .25 per mile. I don't remember as far as tolls, I think it was they pick up half. It wasn't mentioned until
my latest conversation that I could expect (for the purposes of
number crunching) somewhere around a 50/50 split between expedited
runs, and non-expedited. I found this interesting, as for an
expediter, this seems to be a bit less expediting than I had hoped.
In addition, he quoted, (again for planning) somewhere around
15% deadheading miles. All said, surcharge, plus $1.30 expedited,
$1.05 non-expedited and deadhead at $.90. All of this considered,
if you go over to OOIDA's boards, drivers there are turning down
loads at $1.50. I appreciate the increased cost of having authority,
but, at a $1.50 or more, per mile, and some footwork with brokers,
my question is where would it be smarter to concentrate ? Having
the ability to work under a true non forced dispatch is important to
me, and Conway states they do not force dispatch. We all know that
is true to some degree.

Again, I apologize for the length, as it was time to spew all of
the conflicting questions swimming around in my head when I go to
sleep, and wakeup. I'm ready to work hard, but I'm not sure what
makes the most sense. Again, nobody is going to touch me after
three spine operations, so I must be an owner operator. I will
also say, I'm not against straight trucking either, but it behooves
me to select the best ride I can. I do get sore sometimes.
For all of the armchair orthopaedists, lifting is not a problem,
never has been. Any other Conway types, (thanks again Frisco Mike)
or anyone with suggestions, thanks, and I appreciate your assistance.

Nightflight
 

geo956

Expert Expediter
Nightflight....do you have a good idea of what your costs will be? That will be a big determinant of whether the Conway numbers will look good to you. Also, what miles are they giving you as the average for an 'E' truck?
Here are some costs that I compiled in my research (only research at this point) for a tractor/trailer (E) truck. Have you assembled a cost per mile spreadsheet for your own circumstances?

(10K mi/mo)
Fixed Monthly $/mi
Truck/Trailer Payment $0 $0.00
Licensing/Permits $170 $0.02
Fed Highway Tax $46 $0.005
Collision/PD Insurance $300 $0.03
Bobtail Insurance $100 $0.01
Health $450 $0.05
Retirement $250 $0.03
Office $100 $0.01
Phone/fax $250 $0.03
APU(5 yr payoff) $150 $0.02
Legal/tax $100 $0.01

Total Fixed $1,916 $0.19

Variable monthly per mile
Broker $600 $0.06
Fuel $4,167 $0.42
Road/Fuel Taxes $150 $0.02
PM $150 $0.02
Maintenance/repairs(escrow) $600 $0.06
Tires tractor $200 $0.02
Tires Trailer $100 $0.01
Liability/Cargo $600 $0.06
Tolls/scales/other on-road $500 $0.05
New truck(escrow) $600 $0.06

Total Variable $7,667 $0.77

Total Fixed+Variable $9,582 $0.96
TOTAL COST/MILE
 

Nightflight

Expert Expediter
Yesiree,

And it looks like you're working with a pencil just as sharp as
mine. I came up with a conservative figure of $.98, predicated
on nearly new equipment. A couple of wide variables include,
tolls, and for the life of me, I can't remember, but I believe they
reimburse 50%, or none at all. I'm also thinking it would be wisest
for me to maintain my own base plate. In addition, no trailer
maintenance, at least w/ Conway Now.

One thing that really intrigues me. While checking numerous
load boards, let's say GetLoaded.com, it would seem to be wise
to consider running a flat bed. My guess is many would, (me too)
prefer as much drop and hook as possible. If you look at the number
of available flatbed loads, it's almost a ridiculous number compared
to dry vans, or even reefers, depending on region. If one doesn't
mind climbing around a load of concrete pipe, or trying to tarp
in the middle of the night, well, seems there is plenty of selection.
All things to consider.

Right now, my biggest dilemma is selection of equipment. If I
choose Conway Now, I might be interested in going D truck. However,
I can assume that Solo D might not be getting too many expedited
loads, plenty of LTL I'm sure, but with similar costs associated
with E unit. Assuming I go with E, I'm pretty certain a late model
Volvo is what I'd purchase. Perhaps a '04 VN780 with a couple
hundred K miles. I'm a little leery of all the late model
Freightliners with 450K or so. Nice trucks, with plenty of life
in them. However, there is obvious evidence that trading them
at this point is a wise decision. In addition, it would seem that
there is two levels of large depreciation, in the beginning, and
once warranty expires. Being I'm the guy who always breaks down
just a skosh after the warranty goes buh by, I'm leaning toward the
low mileage units. I'd sure like to know if I've covered my
bases.. Tim
 

Nightflight

Expert Expediter
Geo,
I noticed I missed one question. All in all, the numbers look
okay. This is assuming I do a reasonable amount of expedited runs.
Recruiter said to figure 50/50. If I end up doing 20% expedited,
then I don't think Conway makes sense. Again, the 50/50 figure
wasn't interjected until the fourth conversation with the recruiter.
I'm a little curious as to why he didn't mention it earlier..}>
Tim
 

geo956

Expert Expediter
Tim...you might continue to explore expedited freight as a solo. There are some companies that will run solo's much better than others. You can still look at a volvo (stretched) running D loads and figure the lifetime and maintenance costs of a class 8 at 80K miles per year(expedited) vs that same volvo at 125K per year for OTR. See this link: http://www.cbsnews.com/stories/2005/08/16/eveningnews/main781399.shtml

Also if you are still planning on OTR with a T/T combo then perhaps you might want to join classadrivers.com forums. Here are several good threads on O/O costs:

http://www.classadrivers.com/phpBB2/viewtopic.php?t=11345&postdays=0&postorder=asc&start=0

http://www.classadrivers.com/phpBB2/viewtopic.php?t=11295&postdays=0&postorder=asc&start=0
 

jackdixon_2000

Veteran Expediter
Charter Member
There is a reason you see so many load offers for flatbed. The answer is "cheap"

There are great paying specialized flat bed loads, but most of the loads you see on the boards are lumber, building materials etc. that can move tomorrow or next week, just backhauls to get you home.
 

highway star

Veteran Expediter
Owner/Operator
I've done a little bit of flatbed. I don't know the details of your situation, but I'm sure you don't want to go for #4. Some loads are easy, but some can be a real pain in the posterior(or in your case, a bit higher up). I know a guy who did well at first, but after a while it just became too painful. If you ever get to watch someone tarping and securing a "garbage" load, where everthing is inconsistant in size and composition, you'll know what I mean.
 

geo956

Expert Expediter
Nightflight,

Did I understand you correctly....will Conway Now hire you as a T/T (E) O/O with no experience right out of drivers school?

Also...I would definitely stay away from flatbeds if you have an "at risk" back. Too much climbing around unless you can find a company that is 100% guaranteed drop/hook. Too much risk with re-injuring your back.
 

dukesadog

Expert Expediter
Awe c'mon...its so much fun to go blowing off into the wild blue yonder in the rain with a tarp..whoo hooo!...and lets not forget the extra 2.76 that you get to tarp the load....when I was a boy..sonny..I had to work a whole year for 2.00....as you wake up in the mud...( old guy shaking his fist at ya)

dukesadog
 

Nightflight

Expert Expediter
>Nightflight,
>
>Did I understand you correctly....will Conway Now hire you
>as a T/T (E) O/O with no experience right out of drivers
>school?
>
>Also...I would definitely stay away from flatbeds if you
>have an "at risk" back. Too much climbing around unless you
>can find a company that is 100% guaranteed drop/hook. Too
>much risk with re-injuring your back.

Understood correctly. As long as you have some sort of instrument
known as a "diploma." The back thing won't affect lifting, or
climbing. He'll with all of the titanium back there, it's probably
stronger than most.. My problem is due to scar tissue around nerves
after being filleted so many times. However, you're right, I'd
prefer drop and hook.
Tim
 
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