Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by iwaeda: 12:37pm On May 11, 2023 |
Roma boss Jose Mourinho says "history doesn't win matches" but something has to give in Wednesday's Europa League final against Sevilla.
Sevilla, record six-time winners, have never lost a Europa League final, while Mourinho has won all five European finals he has ever been involved in.
"You look at Sevilla and you say 'Sevilla wins every final'," Mourinho told Uefa.com.
"I don't like superstition. It's a new final. It's new history."
The winners of the final at Budapest's Puskas Arena will play in next season's Champions League - their only hope of doing so. Neither team can finish in the top four of their league, while Sevilla - 11th in La Liga - could miss out on Europe entirely.
Sevilla, who won the 2006, 2007, 2014, 2015, 2016 and 2020 finals, were in relegation trouble until they appointed Jose Luis Mendilibar in March.
The much-travelled 62-year-old has never won a major trophy - while Mourinho, 60, has won the Champions League with Porto and Inter Milan, league titles and cups in Portugal, England, Italy and Spain, the Uefa Cup/Europa League with Porto and Manchester United, and last season's Europa Conference League with Roma.
"Do I know that I could become the first coach to win this competition with three teams? I really don't care," said Mourinho. "I think of the happiness that we can give to these people [fans].
"To be in this final is something that nobody would have expected at the beginning of the season when you see the incredible, incredible quality of the teams in the Europa League. Barcelona and Arsenal were in this competition and they were kicked out very, very early. 14 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by raumdeuter: 1:27pm On May 23, 2023 |
deleted 1 Like 2 Shares |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by iwaeda: 10:56am On May 30, 2023 |
6 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Jubrilv(m): 4:59pm On May 31, 2023 |
Play and win that's all 1 Like |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by sonssyo: 4:59pm On May 31, 2023 |
they fit don cut my light because of useless co-tenant that refused to pay ontop od their big guy, where i see fuel buy kwanu 2 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by ManWater: 4:59pm On May 31, 2023 |
May the Special One win. 6 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Jokerman(m): 4:59pm On May 31, 2023 |
We are all Mourinho today .... Aren't we?
Even we the uefalona haters 16 Likes 1 Share |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by westlius(m): 5:00pm On May 31, 2023 |
raumdeuter: I am no expert on anything but I am glad to help anyone I can. I have owned a couple of trucks. The first one was a new truck and 6-year-old reefer that I purchased at 22 and clueless. That one did not turn out well. Later I bought a worn out truck and babied it until I could overhaul the engine. I did well with that
I'll attach the spreadsheets. You can use them to calculate your cost of operation in CPM (Cents Per Mile). You need to figure out what equipment you would use, wages and other expenses. You can then plug in the revenue offered from various companies or brokers and check the profitability. IMHO, I would not own a truck unless I was involved in the day-to-day operation. I think that would be a bad idea. More fail than succeed, mostly because they operate like truck drivers and not businessmen. I would not trust a company to run my truck for me. Most are greedy and they only look out for themselves.
I have worked in the building trades and rental property for close to 20 years now. With the economy so bad and my children grown I am looking at getting back into trucking. For the past 2+ years I have been working on a broadband project and was awarded nearly a million dollars of ARRA stimulus funding on August 2010. I am still pouring through government red tape and jumping through hoops to receive these funds. This project and the waiting have left me broke and not too hopeful of a positive outcome. I have been looking at going to work in the North Dakota oilfields. A driver can make from $80,000 - $140,000 a year depending on the job, company, home time and experience.
I have tried to purchase another truck but I lack the capital necessary to make this happen. I have been researching the trucking industry for several months now as a fallback position if this broadband project fails. In doing this I have looked at various opportunities in the trucking industry. I have looked at several dump truck and oilfield opportunities.
I’ll share my thoughts on several possible trucking industry opportunities. These are OTR opportunities. A smart operator in the right location can run more of a regional operation and make as much as someone running coast-to-coast. Dry Vans pay the least of the three main operations. Flatbeds and Reefers both pay more. Everybody needs food so reefers are a sure bet. However the rates fluctuate and the loading/unloading schedules and waits are ugly. They always want the load yesterday and there is an inherent risk of losing the product if the reefer unit breaks down. Dry van is probably the most stable and in demand as well as simple and easy. You still lose some time on loading/unloading but appointment times aren’t in the middle of the night or wee hours of the morning. Flatbeds offer the most pleasant experience with daytime unloading/loading and little or no waiting. They are much more affected by downturns in the economy though. Many of the loads are building materials or construction equipment so the economy has a strong hold on this type of operation.
First and worst is the lease/purchase aka the fleece/purchase. This is where the company leases a truck to a driver for a high weekly payment. Most exercise complete control over the equipment. On weeks with breakdown or home time you get a bill instead of a paycheck. Many of these collect far more than the truck is worth and several don’t ever allow you to ever own the truck. I share this because I want you to understand how greedy the companies are.
Next we have the typical lease situation. You purchase a truck and lease it to a company. You have mileage and percentage leases. Most companies only offer mileage leases. The mileage pay is about what I ran for in the nineties. The FSC (Fuel Service Charge) they pay covers the difference in fuel cost today compared to then. Still equipment is much more expensive now than then. The percentage lease offers a better opportunity to earn but most are afraid of it because it doesn’t cover deadhead (empty miles). The truck driver mentality is if I get paid for all miles and keep the wheels turning, I’ll do all right. With todays pay rates you will run yourself and your equipment into the ground doing this for nothing more than a moderate living. Mileage leases pay (FSC included) about 1.25 – 1.40 CPM. Percentage leases pay about 1.35 – 1.80 CPM.
Lease terms vary greatly. Some furnish trailers and some charge a weekly trailer rent. Some pay one percentage without a trailer and a higher percentage with a trailer. Some furnish base plates (truck license plate) free of charge and some furnish them and deduct the cost weekly over 15 – 25 weeks. Some pay tolls but most don’t. Running the Northeast you can spend close to $100 in a day on tolls. They are all required to carry liability and cargo insurance. A few of the crooks will try to recover some of this cost too. Many to most will make you escrow $500 - $1500 for insurance deductibles in case of an accident. You will need bobtail or unladen liability, comprehensive and collision in addition to their insurance. Some offer good deals and sometimes you need to get it on your own somewhere else. In addition to these standard items many companies will nickel and dime you to death with various fees. Sometimes you can make more with your own trailer. If the company has lots of drop and hook freight, your own trailer is more of a burden.
Finally we get to the last OTR opportunity that has more earning potential and more risk. This is where you become a carrier or trucking company. You get your own authority and do your own recordkeeping and reports. This is not for truck drivers. This is for businessmen who drive a truck. Here you can see rates from 1.50 CPM to 3.00 CPM and even more on shorter runs. If you know the trucking industry, have good business skills and are a fair negotiator you can do well here. There is a lot more work, many varied tasks and more risk but the rewards are worthwhile. While you are averaging 1.30 – 1.70 with the above options you can average 1.80 – 2.20 with this method. While you have more work, you can run fewer miles, which allows time to do the other tasks.
Now I’ll sum up the average earnings potential, from my point of view, for the OTR opportunities. An OTR driver can earn $25,000 - $55,000. A lease/purchase operator can make about the same if he stays on the road, doesn’t anger management and has a little luck. Most don’t do as well as a company driver and are nothing more than a glorified company driver. A lease operator who acquired his truck from an independent source will make $55,000 - $75,000 before taxes. This means you could net $45,000 - $65,000. With your authority a smart operator could net after taxes from $70,000 – $120,000. There’s no way you could do this unless you managed the operation though.
As you can see this doesn’t leave much for profit if you put a driver on the truck. It is a balancing act. If you take more profit and pay the driver less, you will have a hard time keeping drivers and more repair bills due to poor drivers. If you lease a truck to a company on percentage, get a good deal, get a good driver and can keep him, spend a minimal amount of time managing the operation and have some good fortune you could expect to make $5,000 - $15,000 annually. If you wanted to take on the risk, responsibility and workload of being a carrier you would have the potential to double that. It would take several hours a day to do this. A couple of weeks looking for a driver after your truck breaks down and is in the shop for a week or two and the year’s profit goes down drastically.
IMHO there is only one way I would do this. I would do it with my own authority and would establish one truck. When it was profitable I would expand. When I had about five trucks I would quit driving and run them full time.
Now let’s explore some more lucrative opportunities such as dump or oilfield operations. What makes these more lucrative IMHO is the earning potential and the closer proximity of the operation. Both pay by the hour although some dump work pays by the ton. Both offer long-term contracts. Usually they want at least a 6-day a week, 12 hour a day commitment. Oilfield contracts often call for 24/7, 365 day operation. In either operation you seldom venture further than 100 miles and often much less. This allows you to run the operation locally. You can use the same mechanic, parts store and such. You can negotiate and better control costs. You can recover a broken piece of equipment yourself instead of paying high towing and be at the mercy of an out of town repair shop. As for which one is better and why, I quite honestly can’t answer that as I lack first-hand experience in either operation. The oilfield operations are booming and pay up to 20% more than a dump operation.
Here is a brief summary of what I think is possible on both. I believe on the dump truck contract that you could pay above average wages and net as much as $40,000 - $60,000 per truck. This was on a DOT contract hauling sand one direction and salt back. This run is in Indiana and Michigan and is 150 miles one way. I believe a truck running water in the North Dakota oilfield could net as much as $70,000 - $100,000+.
I have spent more time looking at the oilfield opportunities. I would need to go up and work first to gain experience. I plan to do that by the end of the year. My plan is to go work this for a year or so and I should be able to save enough to buy a truck and start an operation. If I had someone that wanted to invest and share in the profits, I could probably start after three months of learning and making contacts.
I believe you could start with one truck but two would be much better. I have scratched this out on paper and believe you could build a multi-million dollar business (gross) in five years. In three years you could have six trucks running and by the fifth year you would be paying cash for new or replacement equipment. You could finance your equipment for three and four years but payoff everything over two. The investor could have his money back with interest in two years. Then he could have an amount equal to the investment capital each year for the next three years. After that he would be paid from profits based on a percentage of ownership. This should be more than double what he received in the three prior years. I believe an investor; my son and myself could retire off this idea.
The hard part of this plan is housing. To make this work land and modular man-camp housing would have to be purchased. By doing this you could capitalize the large sum that you would be spending for housing. My truck budget calculates $4 per hour for housing. This would add to the company’s net worth too. Right now three bedroom modular homes are renting around $5,000 per month with a year lease. Some want the year up front but all want first and last month and one month deposit to move in. Land is from $10,000 to $50,000 per acre in the area and two counties have moratoriums on man camp construction. You can still purchase nearby land in Eastern Montana for $1,000 per acre. You would have to use a company van for drivers to travel at shift changes. The amount of money that would be spent on housing would allow you to put together assets of $500,000 in land and modular housing. It would also pay for transportation, maintenance and housekeeping (to maintain the quality of the modular housing) and eventually turn a small profit. By the way I have a Real Estate and HVAC Journeyman license and enough hours in Electrical and Plumbing to test for a Journeyman license.
If I were a rich man I would get into housing and forget trucking. With modular housing you could just sell it off if/when the boom ends. With six trucks and 16 full-time drivers you would spend from $180,000 to put them up two to a bedroom to $230,000 to put them up with a bedroom per man if you could find them. Even if you owned travel trailers and put them two to a travel trailer it would cost about $77,000 a year in lot rent with a initial investment of $60,000 - $90,000 for travel trailers.
Now you have a general overview of trucking and some idea whether you really want to venture into your original idea. I don’t know how much you planned on investing or have to invest. In addition, I don’t know if this idea appeals to you. Let me know what your thoughts are and if you are interested. Also let me know what kind of capital you might have to invest if the idea was sound enough. If it looks like we might do something together, I can put together a business plan and pro forma financial projections for you to examine. Omo na only u use one page oo 6 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by slawomir: 5:00pm On May 31, 2023 |
Damnnn niggar Sevilla straight winning
All my hard earned money on that game 4 Likes 3 Shares |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Elemaa22: 5:01pm On May 31, 2023 |
Nice |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by YOUTUBE9ja(m): 5:01pm On May 31, 2023 |
K |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Smartguyboy(m): 5:02pm On May 31, 2023 |
Baba have settled for less already playing competition no one care about . When he was top of the league he laughed people playing it . 4 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by westlius(m): 5:02pm On May 31, 2023 |
Roma all 3 way 3 odd in d bag Morinho no dey miss final 10 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Ratedane: 5:02pm On May 31, 2023 |
Wow |
|
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by xristos(m): 5:04pm On May 31, 2023 |
if u like go put ur school fees and salary ontop any history or history...nothing is sure in football. just enjoy it. Dont let betting ruin you. Both teams/players will get money whether win/lose today...but you?? nothing 5 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Angelfrost(m): 5:04pm On May 31, 2023 |
Sevilla remains the favorite for the title... Thing wan be like say na their birthright! Even ETH must be wondering how that fixture slipped out of his fingers! Would have been great to see Mourinho go against the very club he won the trophy with! Rooting for The Special One sha! 8 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Starhearts: 5:06pm On May 31, 2023 |
Emefiele governor of Central Bank have been sacked..
Details later.... |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by whippersnapper(m): 5:06pm On May 31, 2023 |
Roma can only win if the score first. coz i know the will pack bus. Mourinho and finals na 5 and 6 1 Like |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Emu4life(m): 5:06pm On May 31, 2023 |
We are all Sevilla tonight. Sorry special one 1 Like |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Angelfrost(m): 5:06pm On May 31, 2023 |
slawomir: Damnnn niggar Sevilla straight winning
All my hard earned money on that game
That's one risky bet to make...! Mourinho and European final! How many has he lost?!! Lol! 7 Likes 1 Share |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by sprints1: 5:07pm On May 31, 2023 |
Penalty shoot out under 2.5 + draw |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by brownemmanuel43(m): 5:07pm On May 31, 2023 |
D only white that can fight for black D only white that promotes d black race 9 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by vickydevoka(m): 5:08pm On May 31, 2023 |
whippersnapper: Roma can only win if the score first. coz i know the will pack bus. Mourinho and finals na 5 and 6 Liverpool scored first and what happened? |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by iLoveYouToo(m): 5:09pm On May 31, 2023 |
One thing is certain, Sevilla must get red card. May the best defense win 😂 1 Like |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Finnese001: 5:10pm On May 31, 2023 |
raumdeuter: I am no expert on anything but I am glad to help anyone I can. I have owned a couple of trucks. The first one was a new truck and 6-year-old reefer that I purchased at 22 and clueless. That one did not turn out well. Later I bought a worn out truck and babied it until I could overhaul the engine. I did well with that one.
I'll attach the spreadsheets. You can use them to calculate your cost of operation in CPM (Cents Per Mile). You need to figure out what equipment you would use, wages and other expenses. You can then plug in the revenue offered from various companies or brokers and check the profitability. IMHO, I would not own a truck unless I was involved in the day-to-day operation. I think that would be a bad idea. More fail than succeed, mostly because they operate like truck drivers and not businessmen. I would not trust a company to run my truck for me. Most are greedy and they only look out for themselves.
I have worked in the building trades and rental property for close to 20 years now. With the economy so bad and my children grown I am looking at getting back into trucking. For the past 2+ years I have been working on a broadband project and was awarded nearly a million dollars of ARRA stimulus funding on August 2010. I am still pouring through government red tape and jumping through hoops to receive these funds. This project and the waiting have left me broke and not too hopeful of a positive outcome. I have been looking at going to work in the North Dakota oilfields. A driver can make from $80,000 - $140,000 a year depending on the job, company, home time and experience.
I have tried to purchase another truck but I lack the capital necessary to make this happen. I have been researching the trucking industry for several months now as a fallback position if this broadband project fails. In doing this I have looked at various opportunities in the trucking industry. I have looked at several dump truck and oilfield opportunities.
I’ll share my thoughts on several possible trucking industry opportunities. These are OTR opportunities. A smart operator in the right location can run more of a regional operation and make as much as someone running coast-to-coast. Dry Vans pay the least of the three main operations. Flatbeds and Reefers both pay more. Everybody needs food so reefers are a sure bet. However the rates fluctuate and the loading/unloading schedules and waits are ugly. They always want the load yesterday and there is an inherent risk of losing the product if the reefer unit breaks down. Dry van is probably the most stable and in demand as well as simple and easy. You still lose some time on loading/unloading but appointment times aren’t in the middle of the night or wee hours of the morning. Flatbeds offer the most pleasant experience with daytime unloading/loading and little or no waiting. They are much more affected by downturns in the economy though. Many of the loads are building materials or construction equipment so the economy has a strong hold on this type of operation.
First and worst is the lease/purchase aka the fleece/purchase. This is where the company leases a truck to a driver for a high weekly payment. Most exercise complete control over the equipment. On weeks with breakdown or home time you get a bill instead of a paycheck. Many of these collect far more than the truck is worth and several don’t ever allow you to ever own the truck. I share this because I want you to understand how greedy the companies are.
Next we have the typical lease situation. You purchase a truck and lease it to a company. You have mileage and percentage leases. Most companies only offer mileage leases. The mileage pay is about what I ran for in the nineties. The FSC (Fuel Service Charge) they pay covers the difference in fuel cost today compared to then. Still equipment is much more expensive now than then. The percentage lease offers a better opportunity to earn but most are afraid of it because it doesn’t cover deadhead (empty miles). The truck driver mentality is if I get paid for all miles and keep the wheels turning, I’ll do all right. With todays pay rates you will run yourself and your equipment into the ground doing this for nothing more than a moderate living. Mileage leases pay (FSC included) about 1.25 – 1.40 CPM. Percentage leases pay about 1.35 – 1.80 CPM.
Lease terms vary greatly. Some furnish trailers and some charge a weekly trailer rent. Some pay one percentage without a trailer and a higher percentage with a trailer. Some furnish base plates (truck license plate) free of charge and some furnish them and deduct the cost weekly over 15 – 25 weeks. Some pay tolls but most don’t. Running the Northeast you can spend close to $100 in a day on tolls. They are all required to carry liability and cargo insurance. A few of the crooks will try to recover some of this cost too. Many to most will make you escrow $500 - $1500 for insurance deductibles in case of an accident. You will need bobtail or unladen liability, comprehensive and collision in addition to their insurance. Some offer good deals and sometimes you need to get it on your own somewhere else. In addition to these standard items many companies will nickel and dime you to death with various fees. Sometimes you can make more with your own trailer. If the company has lots of drop and hook freight, your own trailer is more of a burden.
Finally we get to the last OTR opportunity that has more earning potential and more risk. This is where you become a carrier or trucking company. You get your own authority and do your own recordkeeping and reports. This is not for truck drivers. This is for businessmen who drive a truck. Here you can see rates from 1.50 CPM to 3.00 CPM and even more on shorter runs. If you know the trucking industry, have good business skills and are a fair negotiator you can do well here. There is a lot more work, many varied tasks and more risk but the rewards are worthwhile. While you are averaging 1.30 – 1.70 with the above options you can average 1.80 – 2.20 with this method. While you have more work, you can run fewer miles, which allows time to do the other tasks.
Now I’ll sum up the average earnings potential, from my point of view, for the OTR opportunities. An OTR driver can earn $25,000 - $55,000. A lease/purchase operator can make about the same if he stays on the road, doesn’t anger management and has a little luck. Most don’t do as well as a company driver and are nothing more than a glorified company driver. A lease operator who acquired his truck from an independent source will make $55,000 - $75,000 before taxes. This means you could net $45,000 - $65,000. With your authority a smart operator could net after taxes from $70,000 – $120,000. There’s no way you could do this unless you managed the operation though.
As you can see this doesn’t leave much for profit if you put a driver on the truck. It is a balancing act. If you take more profit and pay the driver less, you will have a hard time keeping drivers and more repair bills due to poor drivers. If you lease a truck to a company on percentage, get a good deal, get a good driver and can keep him, spend a minimal amount of time managing the operation and have some good fortune you could expect to make $5,000 - $15,000 annually. If you wanted to take on the risk, responsibility and workload of being a carrier you would have the potential to double that. It would take several hours a day to do this. A couple of weeks looking for a driver after your truck breaks down and is in the shop for a week or two and the year’s profit goes down drastically.
IMHO there is only one way I would do this. I would do it with my own authority and would establish one truck. When it was profitable I would expand. When I had about five trucks I would quit driving and run them full time.
Now let’s explore some more lucrative opportunities such as dump or oilfield operations. What makes these more lucrative IMHO is the earning potential and the closer proximity of the operation. Both pay by the hour although some dump work pays by the ton. Both offer long-term contracts. Usually they want at least a 6-day a week, 12 hour a day commitment. Oilfield contracts often call for 24/7, 365 day operation. In either operation you seldom venture further than 100 miles and often much less. This allows you to run the operation locally. You can use the same mechanic, parts store and such. You can negotiate and better control costs. You can recover a broken piece of equipment yourself instead of paying high towing and be at the mercy of an out of town repair shop. As for which one is better and why, I quite honestly can’t answer that as I lack first-hand experience in either operation. The oilfield operations are booming and pay up to 20% more than a dump operation.
Here is a brief summary of what I think is possible on both. I believe on the dump truck contract that you could pay above average wages and net as much as $40,000 - $60,000 per truck. This was on a DOT contract hauling sand one direction and salt back. This run is in Indiana and Michigan and is 150 miles one way. I believe a truck running water in the North Dakota oilfield could net as much as $70,000 - $100,000+.
I have spent more time looking at the oilfield opportunities. I would need to go up and work first to gain experience. I plan to do that by the end of the year. My plan is to go work this for a year or so and I should be able to save enough to buy a truck and start an operation. If I had someone that wanted to invest and share in the profits, I could probably start after three months of learning and making contacts.
I believe you could start with one truck but two would be much better. I have scratched this out on paper and believe you could build a multi-million dollar business (gross) in five years. In three years you could have six trucks running and by the fifth year you would be paying cash for new or replacement equipment. You could finance your equipment for three and four years but payoff everything over two. The investor could have his money back with interest in two years. Then he could have an amount equal to the investment capital each year for the next three years. After that he would be paid from profits based on a percentage of ownership. This should be more than double what he received in the three prior years. I believe an investor; my son and myself could retire off this idea.
The hard part of this plan is housing. To make this work land and modular man-camp housing would have to be purchased. By doing this you could capitalize the large sum that you would be spending for housing. My truck budget calculates $4 per hour for housing. This would add to the company’s net worth too. Right now three bedroom modular homes are renting around $5,000 per month with a year lease. Some want the year up front but all want first and last month and one month deposit to move in. Land is from $10,000 to $50,000 per acre in the area and two counties have moratoriums on man camp construction. You can still purchase nearby land in Eastern Montana for $1,000 per acre. You would have to use a company van for drivers to travel at shift changes. The amount of money that would be spent on housing would allow you to put together assets of $500,000 in land and modular housing. It would also pay for transportation, maintenance and housekeeping (to maintain the quality of the modular housing) and eventually turn a small profit. By the way I have a Real Estate and HVAC Journeyman license and enough hours in Electrical and Plumbing to test for a Journeyman license.
If I were a rich man I would get into housing and forget trucking. With modular housing you could just sell it off if/when the boom ends. With six trucks and 16 full-time drivers you would spend from $180,000 to put them up two to a bedroom to $230,000 to put them up with a bedroom per man if you could find them. Even if you owned travel trailers and put them two to a travel trailer it would cost about $77,000 a year in lot rent with a initial investment of $60,000 - $90,000 for travel trailers.
Now you have a general overview of trucking and some idea whether you really want to venture into your original idea. I don’t know how much you planned on investing or have to invest. In addition, I don’t know if this idea appeals to you. Let me know what your thoughts are and if you are interested. Also let me know what kind of capital you might have to invest if the idea was sound enough. If it looks like we might do something together, I can put together a business plan and pro forma financial projections for you to examine. 🙄🙄 |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by phr0nesis(m): 5:10pm On May 31, 2023 |
Roma win/draw & under 2.5 2 Likes |
Re: Sevilla Vs Roma Europa League (4 - 1)pens On 31st May 2023 by Ewedegubbler: 5:11pm On May 31, 2023 |
raumdeuter: I am no expert on anything but I am glad to help anyone I can. I have owned a couple of trucks. The first one was a new truck and 6-year-old reefer that I purchased at 22 and clueless. That one did not turn out well. Later I bought a worn out truck and babied it until I could overhaul the engine. I did well with that one.
I'll attach the spreadsheets. You can use them to calculate your cost of operation in CPM (Cents Per Mile). You need to figure out what equipment you would use, wages and other expenses. You can then plug in the revenue offered from various companies or brokers and check the profitability. IMHO, I would not own a truck unless I was involved in the day-to-day operation. I think that would be a bad idea. More fail than succeed, mostly because they operate like truck drivers and not businessmen. I would not trust a company to run my truck for me. Most are greedy and they only look out for themselves.
I have worked in the building trades and rental property for close to 20 years now. With the economy so bad and my children grown I am looking at getting back into trucking. For the past 2+ years I have been working on a broadband project and was awarded nearly a million dollars of ARRA stimulus funding on August 2010. I am still pouring through government red tape and jumping through hoops to receive these funds. This project and the waiting have left me broke and not too hopeful of a positive outcome. I have been looking at going to work in the North Dakota oilfields. A driver can make from $80,000 - $140,000 a year depending on the job, company, home time and experience.
I have tried to purchase another truck but I lack the capital necessary to make this happen. I have been researching the trucking industry for several months now as a fallback position if this broadband project fails. In doing this I have looked at various opportunities in the trucking industry. I have looked at several dump truck and oilfield opportunities.
I’ll share my thoughts on several possible trucking industry opportunities. These are OTR opportunities. A smart operator in the right location can run more of a regional operation and make as much as someone running coast-to-coast. Dry Vans pay the least of the three main operations. Flatbeds and Reefers both pay more. Everybody needs food so reefers are a sure bet. However the rates fluctuate and the loading/unloading schedules and waits are ugly. They always want the load yesterday and there is an inherent risk of losing the product if the reefer unit breaks down. Dry van is probably the most stable and in demand as well as simple and easy. You still lose some time on loading/unloading but appointment times aren’t in the middle of the night or wee hours of the morning. Flatbeds offer the most pleasant experience with daytime unloading/loading and little or no waiting. They are much more affected by downturns in the economy though. Many of the loads are building materials or construction equipment so the economy has a strong hold on this type of operation.
First and worst is the lease/purchase aka the fleece/purchase. This is where the company leases a truck to a driver for a high weekly payment. Most exercise complete control over the equipment. On weeks with breakdown or home time you get a bill instead of a paycheck. Many of these collect far more than the truck is worth and several don’t ever allow you to ever own the truck. I share this because I want you to understand how greedy the companies are.
Next we have the typical lease situation. You purchase a truck and lease it to a company. You have mileage and percentage leases. Most companies only offer mileage leases. The mileage pay is about what I ran for in the nineties. The FSC (Fuel Service Charge) they pay covers the difference in fuel cost today compared to then. Still equipment is much more expensive now than then. The percentage lease offers a better opportunity to earn but most are afraid of it because it doesn’t cover deadhead (empty miles). The truck driver mentality is if I get paid for all miles and keep the wheels turning, I’ll do all right. With todays pay rates you will run yourself and your equipment into the ground doing this for nothing more than a moderate living. Mileage leases pay (FSC included) about 1.25 – 1.40 CPM. Percentage leases pay about 1.35 – 1.80 CPM.
Lease terms vary greatly. Some furnish trailers and some charge a weekly trailer rent. Some pay one percentage without a trailer and a higher percentage with a trailer. Some furnish base plates (truck license plate) free of charge and some furnish them and deduct the cost weekly over 15 – 25 weeks. Some pay tolls but most don’t. Running the Northeast you can spend close to $100 in a day on tolls. They are all required to carry liability and cargo insurance. A few of the crooks will try to recover some of this cost too. Many to most will make you escrow $500 - $1500 for insurance deductibles in case of an accident. You will need bobtail or unladen liability, comprehensive and collision in addition to their insurance. Some offer good deals and sometimes you need to get it on your own somewhere else. In addition to these standard items many companies will nickel and dime you to death with various fees. Sometimes you can make more with your own trailer. If the company has lots of drop and hook freight, your own trailer is more of a burden.
Finally we get to the last OTR opportunity that has more earning potential and more risk. This is where you become a carrier or trucking company. You get your own authority and do your own recordkeeping and reports. This is not for truck drivers. This is for businessmen who drive a truck. Here you can see rates from 1.50 CPM to 3.00 CPM and even more on shorter runs. If you know the trucking industry, have good business skills and are a fair negotiator you can do well here. There is a lot more work, many varied tasks and more risk but the rewards are worthwhile. While you are averaging 1.30 – 1.70 with the above options you can average 1.80 – 2.20 with this method. While you have more work, you can run fewer miles, which allows time to do the other tasks.
Now I’ll sum up the average earnings potential, from my point of view, for the OTR opportunities. An OTR driver can earn $25,000 - $55,000. A lease/purchase operator can make about the same if he stays on the road, doesn’t anger management and has a little luck. Most don’t do as well as a company driver and are nothing more than a glorified company driver. A lease operator who acquired his truck from an independent source will make $55,000 - $75,000 before taxes. This means you could net $45,000 - $65,000. With your authority a smart operator could net after taxes from $70,000 – $120,000. There’s no way you could do this unless you managed the operation though.
As you can see this doesn’t leave much for profit if you put a driver on the truck. It is a balancing act. If you take more profit and pay the driver less, you will have a hard time keeping drivers and more repair bills due to poor drivers. If you lease a truck to a company on percentage, get a good deal, get a good driver and can keep him, spend a minimal amount of time managing the operation and have some good fortune you could expect to make $5,000 - $15,000 annually. If you wanted to take on the risk, responsibility and workload of being a carrier you would have the potential to double that. It would take several hours a day to do this. A couple of weeks looking for a driver after your truck breaks down and is in the shop for a week or two and the year’s profit goes down drastically.
IMHO there is only one way I would do this. I would do it with my own authority and would establish one truck. When it was profitable I would expand. When I had about five trucks I would quit driving and run them full time.
Now let’s explore some more lucrative opportunities such as dump or oilfield operations. What makes these more lucrative IMHO is the earning potential and the closer proximity of the operation. Both pay by the hour although some dump work pays by the ton. Both offer long-term contracts. Usually they want at least a 6-day a week, 12 hour a day commitment. Oilfield contracts often call for 24/7, 365 day operation. In either operation you seldom venture further than 100 miles and often much less. This allows you to run the operation locally. You can use the same mechanic, parts store and such. You can negotiate and better control costs. You can recover a broken piece of equipment yourself instead of paying high towing and be at the mercy of an out of town repair shop. As for which one is better and why, I quite honestly can’t answer that as I lack first-hand experience in either operation. The oilfield operations are booming and pay up to 20% more than a dump operation.
Here is a brief summary of what I think is possible on both. I believe on the dump truck contract that you could pay above average wages and net as much as $40,000 - $60,000 per truck. This was on a DOT contract hauling sand one direction and salt back. This run is in Indiana and Michigan and is 150 miles one way. I believe a truck running water in the North Dakota oilfield could net as much as $70,000 - $100,000+.
I have spent more time looking at the oilfield opportunities. I would need to go up and work first to gain experience. I plan to do that by the end of the year. My plan is to go work this for a year or so and I should be able to save enough to buy a truck and start an operation. If I had someone that wanted to invest and share in the profits, I could probably start after three months of learning and making contacts.
I believe you could start with one truck but two would be much better. I have scratched this out on paper and believe you could build a multi-million dollar business (gross) in five years. In three years you could have six trucks running and by the fifth year you would be paying cash for new or replacement equipment. You could finance your equipment for three and four years but payoff everything over two. The investor could have his money back with interest in two years. Then he could have an amount equal to the investment capital each year for the next three years. After that he would be paid from profits based on a percentage of ownership. This should be more than double what he received in the three prior years. I believe an investor; my son and myself could retire off this idea.
The hard part of this plan is housing. To make this work land and modular man-camp housing would have to be purchased. By doing this you could capitalize the large sum that you would be spending for housing. My truck budget calculates $4 per hour for housing. This would add to the company’s net worth too. Right now three bedroom modular homes are renting around $5,000 per month with a year lease. Some want the year up front but all want first and last month and one month deposit to move in. Land is from $10,000 to $50,000 per acre in the area and two counties have moratoriums on man camp construction. You can still purchase nearby land in Eastern Montana for $1,000 per acre. You would have to use a company van for drivers to travel at shift changes. The amount of money that would be spent on housing would allow you to put together assets of $500,000 in land and modular housing. It would also pay for transportation, maintenance and housekeeping (to maintain the quality of the modular housing) and eventually turn a small profit. By the way I have a Real Estate and HVAC Journeyman license and enough hours in Electrical and Plumbing to test for a Journeyman license.
If I were a rich man I would get into housing and forget trucking. With modular housing you could just sell it off if/when the boom ends. With six trucks and 16 full-time drivers you would spend from $180,000 to put them up two to a bedroom to $230,000 to put them up with a bedroom per man if you could find them. Even if you owned travel trailers and put them two to a travel trailer it would cost about $77,000 a year in lot rent with a initial investment of $60,000 - $90,000 for travel trailers.
Now you have a general overview of trucking and some idea whether you really want to venture into your original idea. I don’t know how much you planned on investing or have to invest. In addition, I don’t know if this idea appeals to you. Let me know what your thoughts are and if you are interested. Also let me know what kind of capital you might have to invest if the idea was sound enough. If it looks like we might do something together, I can put together a business plan and pro forma financial projections for you to examine. Bulaba 2 Likes |
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