What were the main reasons in choosing the type of unit you operate and the type of work you preform. Be it C/D unit dry box,T-val,lift gate or E unit dry box,T-val,flatbed,or step deck etc.And what you may have done differently?Thanks.
When we began researching the industry, and having never driven trucks before, we were not drawn toward E-units for the following reasons:
- Class A licenses are required and more difficult to obtain (though one can easily get one if you set out to do so).
- Our carrier of choice requires E-unit experience. That would have forced us into an entry level line haul company to get the experience. We would have been separated and put in different trucks with trainers for a time. No thank you.
- We wanted to get into expediting partly to see the country, not the country's truck stops where E-units mostly park. Dropping a trailer and bobtailing someplace did not sit well with us because of worries about the unattended trailer.
Mobility advantages drew us toward straight trucks such that:
- We can drive and park in many places an E-unit cannot.
- We can go to an RV park with the truck to relax, shower, do laundry, etc.
- More tourist attractions are open to us in the truck because we can park anywhere an RV can park.
- More that does not come to mind at the moment.
Having made the straight-truck decision, we were then drawn to FedEx Custom Critical White Glove work for the interesting freight it involves, professionalism that is expected and money that can be made. We sought out WG fleet owners and drove their trucks for three years. We then moved into a truck of our own, the one we drive now.
If we had it to do again, we would build the identical truck. Changes that would be made on a do-over are too minor to mention. This truck is perfect for us. We love it as much today as when we first drove it in June, 2006. We hope to be still driving it years from now.
Financially, we know we could make more money in an ER-unit than in the CR-unit we drive now. But for the mobility reasons cited above, a straight truck is for us. We went CR instead of DR because CR has a smaller cargo box, which leaves room for a larger sleeper. We noticed no revenue decline when we moved from D to C trucks.
As you write your business plan, don't forget to consider the difference in tolls and taxes straight trucks and big rigs pay.
In a straight truck, we have not noticed reefer work to be seasonal. It seems pretty steady. Lately, nearly all of our loads have been reefer loads, and in these slow-freight times, we are darn glad to have 'em.
With you already reading the forums and developing ideas, take careful note of the economic downturn. Expediters of all types are reporting significantly reduced revenues. Those that are maintaining revenue levels are doing so at reduced profit margins or losses.
I say that if we had it to do over again, we would build the same truck. That is true if the revenue from back then were available today. We are darn glad that we built and paid off the truck when we did. Today, the money simply is not there to justify a truck like this. It may not be there to justify a new full-featured truck of any kind.
We saw the recession coming and prepared well. I wish I could say I see the end of it, but I don't. The indicators are pointing to more of the same. Those that quiver up a bit do not sustain their upward moves.
I'm not saying to stay out of expediting but if you jump in, you are jumping into a whole different game than we did in 2003.