Road2KnowWhere
Rookie Expediter
Hello everyone! It has been great reading all of your posts. so much info on here. So... a little about myself. I have been in the expediting business for the past 3 years working for a couple of local companies. It has not been OTR, i was home every night 95% of the time but I did a fare share of traveling the US and Canada. I made a decent income doing this averaging $800 - $1000/wk after fuel. expenses averaged around $1500 - $3000 per year.
Unfortunately I was laid off in the beginning of the year, however I have a decent amount of money saved. So my original plan has been to purchase a newer cargo van, most likely an e350/g3500 extended and start OTR expediting. After reading up more on here, i have to say I'm feeling a little sketchy about it…I haven't read too many encouraging posts. although the recruiters that I've talked to at Bolt Express, Jung and a couple of others have said i can gross between $4000 - $6000 mo. staying out 3 weeks with avg. 90 cpm. Ive also read posts on here claiming i would be lucky to make $25,000 a year after expenses staying out 50 weeks of the year...Im not really sure if i should be believing that or not…is that really a reasonable estimate?
I am also considering going to school for my class b or possibly class a cdl. If i go for the class b I wouldn't have enough money to purchase a decent straight truck and would have to become a company driver or finance half of a truck, (which i would rather avoid). but I have read that there are more opportunities and income in having a straight truck as an expeditor but more so as a team. Is there decent potential as a solo driver?
If i go for the class a cdl, Im looking at driving someone else's truck (for little pay) for a number of years before I would be able to afford my own. but a very good potential for earnings 5 or so years down the road once Ive purchased my own truck.
I love the idea of driving a cargo van OTR because it is so portable, and for me being able to go to the gym and staying fit while I'm on the road would be a huge plus. Buying a cargo van would be my first choice, but based on my research its not adding up…I mean I would be willing to stay out for a month plus at a time…but not if Im lucky to be bringing home $25000 a year. What it really boils down to is opportunity and income....Anyways, I figured i would see what you guys have to say before I make a big purchase. I don't know anyone who is in the OTR expediting business so your advice and opinions are very much appreciated. Thanks and be safe,
Unfortunately I was laid off in the beginning of the year, however I have a decent amount of money saved. So my original plan has been to purchase a newer cargo van, most likely an e350/g3500 extended and start OTR expediting. After reading up more on here, i have to say I'm feeling a little sketchy about it…I haven't read too many encouraging posts. although the recruiters that I've talked to at Bolt Express, Jung and a couple of others have said i can gross between $4000 - $6000 mo. staying out 3 weeks with avg. 90 cpm. Ive also read posts on here claiming i would be lucky to make $25,000 a year after expenses staying out 50 weeks of the year...Im not really sure if i should be believing that or not…is that really a reasonable estimate?
I am also considering going to school for my class b or possibly class a cdl. If i go for the class b I wouldn't have enough money to purchase a decent straight truck and would have to become a company driver or finance half of a truck, (which i would rather avoid). but I have read that there are more opportunities and income in having a straight truck as an expeditor but more so as a team. Is there decent potential as a solo driver?
If i go for the class a cdl, Im looking at driving someone else's truck (for little pay) for a number of years before I would be able to afford my own. but a very good potential for earnings 5 or so years down the road once Ive purchased my own truck.
I love the idea of driving a cargo van OTR because it is so portable, and for me being able to go to the gym and staying fit while I'm on the road would be a huge plus. Buying a cargo van would be my first choice, but based on my research its not adding up…I mean I would be willing to stay out for a month plus at a time…but not if Im lucky to be bringing home $25000 a year. What it really boils down to is opportunity and income....Anyways, I figured i would see what you guys have to say before I make a big purchase. I don't know anyone who is in the OTR expediting business so your advice and opinions are very much appreciated. Thanks and be safe,