Fleet ownership

kgeise

Seasoned Expediter
Kevin Geise
West Central Ohio

I am considering getting into the expediting business. My idea is to buy a truck or two and subcontract drivers. I was wanting to run the business from my home. My question is should I drive a truck for a while to get the jist of the expediting business or be a fleet owner right away. Any suggestions?:D
 

davekc

Senior Moderator
Staff member
Fleet Owner
Your level of experience would depend on the answer. If I assume none or limited, I would advise driving for a fleet owner for awhile to learn the business. Unless of course you just have a ton of money to burn. Then I would progress to buying your own truck.
Running a fleet is different than running just one truck. It can be rewarding if done in the right fashion.
As like any business, you wouldn't say open a restaurant if you knew nothing about food. Same applies here.
Learn the nuts and bolts before you jump in.
Good luck






Davekc
owner
22 years
PantherII
EO moderator
 

LDB

Veteran Expediter
Retired Expediter
I have to agree that experience wins hands down. That isn't to say you couldn't do it having never been in the busines but it would be far more challenging.

Leo Bricker, 73's K5LDB, OOIDA 677319
Owner, Panther trucks 5507, 5508, 5509
Highway Watch Participant, Truckerbuddy
EO Forum Moderator
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Support the entire Constitution, not just the parts you like.
 

kwexpress

Veteran Expediter
KW Express
o/o till i die

I would think you would want to drive yourself and get to know the company you lease on with.plus if I was you I would want to know how much it cost for me to operate my truck and see for myself what I was asking someone to do.if you just buy a truck and put it out there how will you know if it really cost 1k a week to run?
how will you know how the dispatchers act towards drivers?
and what the lifestyle your asking someone else to live is like?

Im not saying you need to drive for another fleet owner but you should get to know what expedite is like.Dont buy a truck you wouldnt drive yourself because you may have to at times.
Drivers are easy to get but hard to keep.once you do it yourself you will know why.
 

mrgoodtude

Not a Member
You should drive a fleet owners truck 1st and see if you like the lifestyle because as mentioned you may have to drive from time to time. We have been at this almost 2 years and came in with the intention of buying our own truck..at this juncture I would have to say nay. Really if fleet ownership were so easy and the margins for profit were so great alot of other people would be fleet owners and if you ask some of the honest fleet owners if they would do it all over again my bet would be on No.
Mike and Cyn
 

kgeise

Seasoned Expediter
Kevin Geise
West Central Ohio

I really appreciate the advice everyone has given me so far. It is nice to know there are people out there who care. Another question I have is how long someone is typically out on the road? That may be a difficult question to answer as some people I've spoke with are out 3-5 weeks at a time. Others have told me 8-10 days.
Thanks.:)
 

LDB

Veteran Expediter
Retired Expediter
Time out has been discussed many times. It depends on home location and company. Someone who lives near 70/75 in Ohio may get pretty often as freight moves by there. Someone who lives in Houston won't get home as often. I look for 75% availability as a minimum. Travel time to get home and to get back into a freight zone or on a board comes out of the other 25% so I'd expect something like 16 days out and then 4 days off or 24 out and 6 off. Smart operators wait until the freight gets them near home so they use very little time in and out with most of it being at home. Read back at least a year in general, newbies and recruiter forums and you'll find answers to almost all your questions as well as a whole bunch of questions you didn't know you had.

Leo Bricker, 73's K5LDB, OOIDA 677319
Owner, Panther trucks 5507, 5508, 5509
Highway Watch Participant, Truckerbuddy
EO Forum Moderator
----------
Support the entire Constitution, not just the parts you like.
 

mrgoodtude

Not a Member
We avg 4-6 weeks at a time but we sold our house last year so our truck is our home. In all fairness we probably have more time off away from home and as a consequence take advantage of the sights.
If it were not for the kid's and grandbuddies we would probably stay out longer.
Mike and Cyn
 

Dreamer

Administrator Emeritus
Charter Member
Kevin,

I think you should definately drive for a while before you try a fleet. Otherwise, how would you be able to help your drivers adjust to the job? You will have no understanding of what they're going thru.

Non-driving fleet owners may have trouble with basic questions.

For example, I still remember my embarassment trying to figure out how that extra fuel pump worked (satellite pump)! An owner who had never been in a truck would have no clue.

As for the time out part, it depends on where your driver is. If he's from outlying area like LDB, it may indeed be 4 weeks or more before getting a run that way.

Ohio is a great area to be based from, if you can get drivers here.

In this area, (Columbus area) A driver will usually get home more because it's smack in the middle of the freight lanes. He would rarely ever had to go out of service to go home, because you can usually count on getting thru this area at least once or more every week or two.


Dreamer
Forums Administrator


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Ability is what you're capable of doing...
Motivation determines what you do...
Attitude determines how well you do it. (Lou Holtz)
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ATeam

Senior Member
Retired Expediter
Driving yourself before putting drivers in other trucks will give you a road knowledge that will serve you and your future drivers well. A driver might say to you, "I'm at the TA in Atlanta." Without time of your own on the road, that may mean one thing. With time of your own on the road, it will likely mean something quite different.

A new driver might say to you, "I'm at a scale and they just put me out of service for log book violations. I can almost see the truck stop from here. I'm going to go there to wait for the out of service order to expire, OK?"

What will you say to that driver? How will you know what to ask him about his log book so you can help him avoid problems in the future?
With time on the road of your own, you'll know.

Regarding how long people stay out, it ranges from attempts to be home every week (not a good idea) to being out nearly all the time. As a fleet owner, the more your drivers stay out, the better off you are. Time on the road of your own will help you personally guage what is reasonable and what is not.

Time on the road of your own will also help you better understand why some drivers who stay out three weeks and go home one can financially outperform others who stay out three months and go home for a week.

For a real eye opener, and you can do this now, go three nights in a row to your nearest truck stop and eat dinner at the lunch counter. You won't need to say anything. Just keep to yourself and listen to what others say. Then come back to EO and check what you heard there against what you read here.
 
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