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Buying a long haul Fedex route
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<blockquote data-quote="It will be fine" data-source="post: 2512085" data-attributes="member: 55017"><p>At this point I would say no to buying into the IC model. If you have someone that can drive a tractor you can just buy a truck and get a contract. They are always recruiting more Linehaul contractors. You wouldn't be starting with any runs or points but you also wouldn't have any unsecured debt. If you have the cash to expand you can buy more tractors as growth dictates. One of corporate's main goals this past year has been to lower its Linehaul costs. I was exploring adding tractors myself and was cautioned against it as I was basing it on current compensation and was told major changes are likely coming. The first few years will be tough regardless so I would start with as little debt as possible, you can always sell a truck.</p></blockquote><p></p>
[QUOTE="It will be fine, post: 2512085, member: 55017"] At this point I would say no to buying into the IC model. If you have someone that can drive a tractor you can just buy a truck and get a contract. They are always recruiting more Linehaul contractors. You wouldn't be starting with any runs or points but you also wouldn't have any unsecured debt. If you have the cash to expand you can buy more tractors as growth dictates. One of corporate's main goals this past year has been to lower its Linehaul costs. I was exploring adding tractors myself and was cautioned against it as I was basing it on current compensation and was told major changes are likely coming. The first few years will be tough regardless so I would start with as little debt as possible, you can always sell a truck. [/QUOTE]
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