CJ. Your first visit to EO and it seems that you're already in a fiscal crisis in a business that is not very forgiving to an under-capitalized business owner with little experience in expediting. This is a business in which the typical, successful fleet owner stated by driving for an owner for a few months while learning the business and leaning one's own potential to achieve success. The next step is to buy a vehicle, new or used depending on resources, and enter into a lease agreement with an established carrier. After a while when a fund is available, a decision is made to either go out on your own by obtaining your operating authority or staying with a carrier and slowly building a fleet of reliable vehicles and trusted drivers. This process takes that average person a few years to realize a business on many levels of success.
Reading your scant amount of info, it would appear that you thought that $45 a day each, to rent one or more cargo vans, was a realistic way to a successful business. I'm guessing that you have come to learn that even the best of us can not keep a truck of any size, particularly a cargo van, busy every day of the year. I speculate that the best of the van operators is being paid for the equivalent of 50% of the year. So, your $45 a day is now $90 dollars for each paid day. All of the other expenses of a start-up business quickly eats into the earnings of a business owner who has bitten off more than can be chewed. Vehicle, liability and cargo insurance; driver pay; fuel, oil and other supplies; preventive and corrective maintenance; and, business profit will quickly eat into the daily revenue.
I seriously doubt that you would have success in expediting by finding reliable vans for less that your current costs. Anything less would probably cost you more in breakdowns and frustration. Please give some serious thought to my opening comments if you want to be a successful fleet owner, not a fleet renter. To coin a phrase, "Rome was not built in a day, neither was an expedite business."
