Re: What's Going On At Panther???UPDATE
Well been a while since I last posted and wanted to give some input if anyone wants to buy or get into a van.My personal experience being O/O operating cargo vans was good and bad,I was with Panther for just little over a year(14 mo's) and before Panther I was sign with another top 5 company but after Panther and my last post I found a small company with has cargo vans and sprinters only,no ST/or T/T and I was shock how with a smaller company I'm getting better miles and more loads.I don't want to name the company due to legal reasons but I will state they are a newer company started few years ago I believe and its run by a small staff.Only issue with this company is you can't hire I.C drivers you as the owner got to drive the van it self.I been with them 3 months now and after 3 years owning and running cargo vans,i'm getting out of the business for now.I wanted to state to anyone who thought about maybe buying a sprinter or van,the money is good but not great,you can't really make much if your have a driver in it.I always had the 40/60 but after 3 years my income wasn't what I thought it would be.I sold my one van and i'm trying to sell my second one which I just bought 3 months ago.My point is if you want to be a van/sprinter fleet owner,expect not to make big bucks each month,I think starting out in a straight truck would be better if you want to get into this business.As for Panther go's as far being a van owner,I had bad experience with Panther and they couldn't keep my van moving.There was times where it sat for 3-4 even 5 days before my van and the driver got another load.I was also with Tri-State before Panther but Tri-State wasn't that bad.For my third and last company,they have been the best by far,I was out for 3 months just came home this weekend and even tho its the slow season,I was getting good miles and never sat more than 36 hours the most.What I wanted to say is by far my personal experience smaller companies seems to be better than the large ones.Now for reason i'm getting out is due to a medical issue i'm having and I can't run my business right now until I can clear this medical issue that came on me.Till next time stay safe out there and remember when the wheels an't turning you an't making money.