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Buying a long haul Fedex route
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<blockquote data-quote="bacha29" data-source="post: 2513472" data-attributes="member: 58386"><p>Currently there is a shortage of 35,000 class A truck drivers. I hope that you have factored that into the equation because you might find yourself in the same pickle that many other investor class route owners have encountered. They got into the business purely on the dumb assumption that there would always be some slug out there willing to work for next to nothing and be there clean and sober and ready to take that load wherever is has to go in whatever weather conditions that exist at the moment. At the small barn that I worked out of we only had one line haul a single route guy who faithfully did it for 20 years day after day. This October he sold it to an upstate banker. In just these past 9 weeks that investor class owner has gone through 4 drivers on just that 1 overnight trip and is now absolutely begging the original owner to drive the route for him. Yes you could call yourself a "manager" or an " investor' or an owner whatever you like but one fact still remains the same. You are only as good as the guy behind the wheel. He will drive the truck nothing more. He will not manage the logistics or the regulatory requirements or the cash flow or all the misery X has in store for you.</p></blockquote><p></p>
[QUOTE="bacha29, post: 2513472, member: 58386"] Currently there is a shortage of 35,000 class A truck drivers. I hope that you have factored that into the equation because you might find yourself in the same pickle that many other investor class route owners have encountered. They got into the business purely on the dumb assumption that there would always be some slug out there willing to work for next to nothing and be there clean and sober and ready to take that load wherever is has to go in whatever weather conditions that exist at the moment. At the small barn that I worked out of we only had one line haul a single route guy who faithfully did it for 20 years day after day. This October he sold it to an upstate banker. In just these past 9 weeks that investor class owner has gone through 4 drivers on just that 1 overnight trip and is now absolutely begging the original owner to drive the route for him. Yes you could call yourself a "manager" or an " investor' or an owner whatever you like but one fact still remains the same. You are only as good as the guy behind the wheel. He will drive the truck nothing more. He will not manage the logistics or the regulatory requirements or the cash flow or all the misery X has in store for you. [/QUOTE]
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