Tennesseahawk
Veteran Expediter
Overall, I'd have to agree with Dave. If you have a 22' st like mine, the best place for you is a company. If you can get one or two more trucks together, it may be worth it to start your own authority. If you insist on a one truck operation, I'd recommend something larger than a 24' st. That's the only way you'll come out ahead. You have to have something capable of handling a small semi load, or a couple of st loads at a time, if the opportunity presents itself. Semi loads pay more than $2/mi, and one of those every once in awhile makes it worth the journey.
Now look at a 24'st. You get an average of $1.75/mi for expedited loads. That's only .25/mi more than what I'm currently getting. What is that .25 going towards? Load insurance, time taken to find the load, the price of the loadboards/emails, cost of audits including drug tests, cost of authority. I'm sure there's more.
If you run a tractor you average around $2.15 or so. You could either take a semi expedite load or be lucky and find two st expedite loads. Or, you can take a st load and two ltls. In that scenario, I'd see someone coming out well enough ahead that a decision like that has merit.
Personally, I'm going to make due with the 22', which I'm driving now, and plan on buying. After awhile, I'll get into the truck I've been wanting, which I believe is the ultimate expediting machine... Argosy with a 30' box. That's two trucks. My neighbor has a rig, and he may still want to try his luck in expediting yet. So, I have goals going toward getting my own authority, but it's based on patience. Unless something went terribly wrong at the company I'm with, I won't be doing the authority thing till I've gotten my second truck.
Now look at a 24'st. You get an average of $1.75/mi for expedited loads. That's only .25/mi more than what I'm currently getting. What is that .25 going towards? Load insurance, time taken to find the load, the price of the loadboards/emails, cost of audits including drug tests, cost of authority. I'm sure there's more.
If you run a tractor you average around $2.15 or so. You could either take a semi expedite load or be lucky and find two st expedite loads. Or, you can take a st load and two ltls. In that scenario, I'd see someone coming out well enough ahead that a decision like that has merit.
Personally, I'm going to make due with the 22', which I'm driving now, and plan on buying. After awhile, I'll get into the truck I've been wanting, which I believe is the ultimate expediting machine... Argosy with a 30' box. That's two trucks. My neighbor has a rig, and he may still want to try his luck in expediting yet. So, I have goals going toward getting my own authority, but it's based on patience. Unless something went terribly wrong at the company I'm with, I won't be doing the authority thing till I've gotten my second truck.