fed ex
- Thread starter gra1164
- Start date
targuard86
Expert Expediter
A, B, C, D or E?
Better to ask about average income.Here is research done by our very own Terry.
teams"
Oct-03-05, 11:41 PM (EDT)
In response to message #5
...The FedEx Custom Critical average annual revenue for Singles and teams for the years 2002-2004. The numbers indicate full year, non-White Glove trucks avail at least 60% of the full year.
SINGLE TEAM
B $41,971.70 $56,002.46
C $60,625.84 $102,504.94
D $72,502.78 $121,368.09
E $101,024.85 $162,412.91
teams"
Oct-03-05, 11:41 PM (EDT)
In response to message #5
...The FedEx Custom Critical average annual revenue for Singles and teams for the years 2002-2004. The numbers indicate full year, non-White Glove trucks avail at least 60% of the full year.
SINGLE TEAM
B $41,971.70 $56,002.46
C $60,625.84 $102,504.94
D $72,502.78 $121,368.09
E $101,024.85 $162,412.91
>Better to ask about average income.Here is research done by
>our very own Terry.
>
> teams"
>Oct-03-05, 11:41 PM (EDT)
>In response to message #5
>
>...The FedEx Custom Critical average annual revenue for
>Singles and teams for the years 2002-2004. The numbers
>indicate full year, non-White Glove trucks avail at least
>60% of the full year.
>SINGLE TEAM
>
>B $41,971.70 $56,002.46
>
>C $60,625.84 $102,504.94
>
>D $72,502.78 $121,368.09
>
>E $101,024.85 $162,412.91
>
>
If those figures are gross before expenses they are seriously low for taking the risk of being an O/O. For example the single driver D unit at $72,502 would end up at roughly $40,000 after paying expense, you're better off being a company driver at $60k with less headaches. If you are showing gross after expenses then it looks ok.
There should be a more accurate way to distinguish between actual "gross before taxes" and "gross before expenses and before taxes" in people's language, especially recruiters. They innaccurately call it all gross. Maybe something like gross-gross or net-gross would work.
>our very own Terry.
>
> teams"
>Oct-03-05, 11:41 PM (EDT)
>In response to message #5
>
>...The FedEx Custom Critical average annual revenue for
>Singles and teams for the years 2002-2004. The numbers
>indicate full year, non-White Glove trucks avail at least
>60% of the full year.
>SINGLE TEAM
>
>B $41,971.70 $56,002.46
>
>C $60,625.84 $102,504.94
>
>D $72,502.78 $121,368.09
>
>E $101,024.85 $162,412.91
>
>
If those figures are gross before expenses they are seriously low for taking the risk of being an O/O. For example the single driver D unit at $72,502 would end up at roughly $40,000 after paying expense, you're better off being a company driver at $60k with less headaches. If you are showing gross after expenses then it looks ok.
There should be a more accurate way to distinguish between actual "gross before taxes" and "gross before expenses and before taxes" in people's language, especially recruiters. They innaccurately call it all gross. Maybe something like gross-gross or net-gross would work.
You said it better than most that just call it gross. I didn't think those numbers were revenue before expenses because they are so low. Actually the teams are even worse when you divide it by 2. Once you take away expenses from those numbers you are better off being a company driver.
It can be hard to put numbers out there without all of the information. Total gross revenue means little unless you know the costs of operating to get to that number. You could easily gross $150,000 and be a broke operation. There is a whole list of items that will affect the bottom line. Always remember, it's not what you make, it is what you keep.
"Businessman first, driver second"
Davekc
owner
22 years
PantherII
EO moderator
"Businessman first, driver second"
Davekc
owner
22 years
PantherII
EO moderator
Businessman first, driver second"
Davekc those are words to live everyday by.
Davekc those are words to live everyday by.
nightcreacher
Veteran Expediter
we are not in a mileage business,expedite is a high revenue low mileage business,but it does take a team to survive
i am an e unit owner,i can only estimate what tractor drivers make,and since i can only judge with my own truck,if you dont net 60k after all your expenses,your turning the wrong freight down,my self,my net is 6 figures,thats why ive been here since 1984
as was once stated,by walter brennin,"no brag,just fact"
nightcreacher
ooida 263839
E6613
ps im not in white glove,although i was one of 1st tractors that started wg
i am an e unit owner,i can only estimate what tractor drivers make,and since i can only judge with my own truck,if you dont net 60k after all your expenses,your turning the wrong freight down,my self,my net is 6 figures,thats why ive been here since 1984
as was once stated,by walter brennin,"no brag,just fact"
nightcreacher
ooida 263839
E6613
ps im not in white glove,although i was one of 1st tractors that started wg
The number I provided were taken from FedEx literature. They are dated average numbers of revenue to the truck. I think the numbers LOOK low because of all the well below average Owner/Operators that drag the hard working truck numbers down. For example, I saw the 1099 of a friend in a team van that grossed $102,123 in 2004, and that's without the 19% fsc that we see today. Ask any FedEx Custom Critical recruiter for the latest averages, they are readily available.
More GROSS money for less miles...that's the expediters mantra. What any individual would net was best expressed by DaveKC. None of us that have been reasonably successful in expediting have taken a vow of poverty, no one else should either.
More GROSS money for less miles...that's the expediters mantra. What any individual would net was best expressed by DaveKC. None of us that have been reasonably successful in expediting have taken a vow of poverty, no one else should either.
The FedEx Custom Critical "Annual Revenue Averages" sheet is an informative resource for anyone researching the industry. I'd like to see all carriers issue a similar document so true apples-to-apples comparisons can be made.
It is great to have copies of these in the truck. When people approach us and ask, "How much money can I make?" or "How many miles can I expect?" we simply hand them the factual information on fleet averages. Knowing nothing about people's work ethic and business skills, it is impossible to say how much money or miles a particular person can expect if he or she becomes an expediter. Giving out a revenue sheet is the next best thing.
Back to apples-to-apples average revenue comparisons, even if carrier A has higher fleet averages than carrier B, it does not follow that carrier A would be the right choice for all drivers. For a variety of reasons, a driver may be happier and more productive at carrier B, and turn in numbers at carrier B that are above carrier A's average.
It works the same way within the same carrier. Within unit classes, some drivers are below average, some are above average, and some are average. Across unit classes, you have top-end B-unit drivers earning more than bottom-end D-unit drivers, and top-end C-unit drivers earning more than average D-unit drivers.
Averages are instructive. Work ethic and business skills are determinative.
Here are the FedEx Custom Critical revenue numbers for "Average Annual Unit Activity for 2004-2005:"
TEAMS:
B-unit $77,738
C-unit $144,201
D-unit $145,791
SINGLE:
B-unit $51,318
C-unit $60,615
D-unit $74,260
"This is for "Surface Expedite division only."
"Vehicles were available at least 60% during that year."
The revenue sheet includes information about average miles per year, loaded miles, number of loads, acceptance percentage, availability and more.
Readers can obtain a revenue sheet free of charge by calling the FedEx Custom Critical recruiting department at (800) 944-8690.
While this might sound like a FedEx recriting pitch, it is not. As far as I know, FedEx is the only expediting carrier that publishes a revenue sheet like this. I hope drivers from every carrier order the revenue sheet, take it to their carriers and ask, "Why don't we have something like this?" That may prompt more carriers to publish their fleet averages in a similarly straightforward fashion.
The more factual revenue information we can get out there from reliable sources, the better it will be for everyone.
It is great to have copies of these in the truck. When people approach us and ask, "How much money can I make?" or "How many miles can I expect?" we simply hand them the factual information on fleet averages. Knowing nothing about people's work ethic and business skills, it is impossible to say how much money or miles a particular person can expect if he or she becomes an expediter. Giving out a revenue sheet is the next best thing.
Back to apples-to-apples average revenue comparisons, even if carrier A has higher fleet averages than carrier B, it does not follow that carrier A would be the right choice for all drivers. For a variety of reasons, a driver may be happier and more productive at carrier B, and turn in numbers at carrier B that are above carrier A's average.
It works the same way within the same carrier. Within unit classes, some drivers are below average, some are above average, and some are average. Across unit classes, you have top-end B-unit drivers earning more than bottom-end D-unit drivers, and top-end C-unit drivers earning more than average D-unit drivers.
Averages are instructive. Work ethic and business skills are determinative.
Here are the FedEx Custom Critical revenue numbers for "Average Annual Unit Activity for 2004-2005:"
TEAMS:
B-unit $77,738
C-unit $144,201
D-unit $145,791
SINGLE:
B-unit $51,318
C-unit $60,615
D-unit $74,260
"This is for "Surface Expedite division only."
"Vehicles were available at least 60% during that year."
The revenue sheet includes information about average miles per year, loaded miles, number of loads, acceptance percentage, availability and more.
Readers can obtain a revenue sheet free of charge by calling the FedEx Custom Critical recruiting department at (800) 944-8690.
While this might sound like a FedEx recriting pitch, it is not. As far as I know, FedEx is the only expediting carrier that publishes a revenue sheet like this. I hope drivers from every carrier order the revenue sheet, take it to their carriers and ask, "Why don't we have something like this?" That may prompt more carriers to publish their fleet averages in a similarly straightforward fashion.
The more factual revenue information we can get out there from reliable sources, the better it will be for everyone.
nightcreacher
Veteran Expediter
when i say net pay,that is after i pay my co driver
i have run single,you wont make these kind of figures running single,although you can have some very good weeks,just wont be consistant with the revenue
as far as revenue averages,the white glove refer trucks,inflate the averages,abd the guys running single lower the averages
back in the beginning of roberts express,before they got smart with safety,you could run single and do team loads,make lots of money,but since dot has taught them about logs,a single runner,is going to have a hard time,especially with the new hos,teams are having trouble with the hos
i hope i helped,fed ex cc is as good as it gets,in the expedite business,it takes patience,and a knowledge of where to layover and where not,and dont be afraid of dead head,it can put you 1st in line for a load
at one time ive had trucks on with a couple other expediters,i have only 1 truck now,and i'm where the money is
if i can help feel free to ask
nightcreacher
OOida 263839
E6613
FED EX CC SINCE 1984
i have run single,you wont make these kind of figures running single,although you can have some very good weeks,just wont be consistant with the revenue
as far as revenue averages,the white glove refer trucks,inflate the averages,abd the guys running single lower the averages
back in the beginning of roberts express,before they got smart with safety,you could run single and do team loads,make lots of money,but since dot has taught them about logs,a single runner,is going to have a hard time,especially with the new hos,teams are having trouble with the hos
i hope i helped,fed ex cc is as good as it gets,in the expedite business,it takes patience,and a knowledge of where to layover and where not,and dont be afraid of dead head,it can put you 1st in line for a load
at one time ive had trucks on with a couple other expediters,i have only 1 truck now,and i'm where the money is
if i can help feel free to ask
nightcreacher
OOida 263839
E6613
FED EX CC SINCE 1984
nightcreacher
Veteran Expediter
PHIL GREAT REPLY
nightcreacher
Veteran Expediter
DAVE
i had a truck on with con-way now for three years,truck did over $200k per year,but i lost my shirt,high expesses,because of the high mileage,over 200000 miles a year,just kept wearing truck out
my experience at p2,wasnt much better,but that was in 1996,i know they are much better now,but at that time, i brought the truck back to fed ex cc went back to making money
i now am single tractor owner,dont have to depend on other people to make my living,they all say what they can do,but few produce.
nightcreracher
ooida 263839
E6613
fed ex cc since 1984
steve gilbert
i had a truck on with con-way now for three years,truck did over $200k per year,but i lost my shirt,high expesses,because of the high mileage,over 200000 miles a year,just kept wearing truck out
my experience at p2,wasnt much better,but that was in 1996,i know they are much better now,but at that time, i brought the truck back to fed ex cc went back to making money
i now am single tractor owner,dont have to depend on other people to make my living,they all say what they can do,but few produce.
nightcreracher
ooida 263839
E6613
fed ex cc since 1984
steve gilbert
blacktiger
Expert Expediter
Hours of service are killing the solo guy. Get with a company that doesn't have QC. Those things are a death sentence when it comes to money.
It was safe years ago with the hours, should be safe today.
George
It was safe years ago with the hours, should be safe today.
George