Sports › Re: Barcelona Win Second WUCL With Fightback From 2 - 0 Down by westlius(m): 6:40pm On Jun 03, 2023 |
LionTiger: I need one of the Barca Femimi Ladies as compensation for being an ardent supporter. Ashawo dey ur eye I dey see am so |
Politics › Re: Governor Sanwo-Olu Hosts Bukayo Saka by westlius(m): 6:39pm On Jun 03, 2023 |
rolams: The guy who rejected Nigeria! My dear E pain me sha |
|
|
Politics › Re: Wike Collect Igbo Title With Igbo Language And Song In Obio Akpor Rivers State by westlius(m): 10:28am On Jun 03, 2023 |
hammerT: IJAW BOYZ, WITHOUT IKWERE ADOPTING IJAW LANGUAGE, U LOST RIVERS STATE AND PORT HARCOURT. 
cc igboid, abagworo, legitnow1, westlius, legitnow, ijawboyz, Thoh, SaintBishop, Graysons, Kinematics, Robbstark, 2elliot, BlackSaints, Tutudes, Graysons, NigerDeltaRadio, AdakaBoro8, PHijo, ,Abasman007, AdaFonju, BiriboofOpobo, perek4u, NDPVF, OboloMAN, JANK23H, kel4soft, shota, ocelot2006, ow11, ijawgirl, stebell, Oboloboy, tarryT, maki, DaLover, foxxi4realTukpa8, ijawcitizen, SIMONEKPA7, ljoh, EmzyT, IamDora, Ebi2233, Captain8, OdokoTobou3, TonyeBarcanista, make una confirm Guy be calming down Ijaw rules |
Romance › Re: Codederunz by westlius(m): 6:12pm On Jun 02, 2023 |
DarkCaesar: Reason her 5k for ST, make smoke or alcohol dey ground(she go take one of the two or the two self), Bleep and rough handle her in bed. Na she go call u the following week if u dey at home and dat time na only tf u go dey sort her Correct guy Ubna my kind of person I love to roll with |
Politics › Re: Pictures From President Bola Tinubu First Security Meeting With Service Chiefs by westlius(m): 2:33pm On Jun 01, 2023 |
Less than 3 month all these security chiefs will be changed We will have a true definition of security chiefs Where the South and the North will be truly represented. Not just a region. God bless Ashiwaju |
Travel › Re: VIDEO: United Nigeria Boeing Plane Crash Lands At Ikeja Airport by westlius(m): 2:16pm On Jun 01, 2023 |
Thank God no problem Thank God for his protection |
Romance › Re: 9 Guys Share Their Worst Sugar Mummies Experiences by westlius(m): 12:13pm On Jun 01, 2023 |
Lol so funny |
Romance › Re: Codederunz by westlius(m): 10:29am On Jun 01, 2023 |
Zonefree: It depends on your bargaining skills. U on point bro Even after the first meeting U fit dey collect free |
Sports › Re: Commotion! As Switzerland Player Celebrates Cup Win With Nigeria Flag by westlius(m): 10:14am On Jun 01, 2023 |
Y did he not represent Nigeria if he loves Nija wella |
Sports › Re: Just Got 5 Over 5 Draws by westlius(m): 12:38am On Jun 01, 2023 |
guobe: is it not worth subscribing for 50k.Its my intellectual property and if I choose to put a prize and you are not okay with it you can kindly decline. If it cuts inko |
Sports › Re: Just Got 5 Over 5 Draws by westlius(m): 11:17pm On May 31, 2023 |
Hope u will post for free Not to tell us to subscribe 2k oo |
Politics › Re: New Governor Of Plateau State Releases Official Portrait, Checkout!!! by westlius(m): 9:55pm On May 31, 2023 |
FeelGoodAlways: I learnt the one of Zamafara declared he's worth N9trillion in asset. Where did he get that kind of wealth from? Na d money him won tif na Na format |
Romance › Re: I Finally Had My First Sex Yesterday by westlius(m): 8:35pm On May 31, 2023 |
Sirchiboy: Drop it here Bitter kola Ginger Grind it Mix with local gin |
Romance › Re: I Finally Had My First Sex Yesterday by westlius(m): 8:08pm On May 31, 2023 |
Sirchiboy: . What will I take to last for hours Check my recommendations |
Romance › Re: I Finally Had My First Sex Yesterday by westlius(m): 7:07pm On May 31, 2023 |
Sirchiboy: . How long did you last As long as u want |
European Football (EPL, UEFA, La Liga) › 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 |
European Football (EPL, UEFA, La Liga) › 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 |
Romance › Re: Should I Tell This Olosho That I'm A Virgin? by westlius(m): 4:58pm On May 31, 2023 |
mentro: How much bitter kola and ginger will do? And can one use honey instead of local gin? One bitter kola and 2/3 ginger. Honey is cool too. |
Romance › Re: I Finally Had My First Sex Yesterday by westlius(m): 1:32pm On May 31, 2023 |
TONERO500: And also apart from Viagra what should I take for erectile dysfunction or does this mixture work for ED Yea bro try am first with Porn first |
Romance › Re: I Finally Had My First Sex Yesterday by westlius(m): 1:31pm On May 31, 2023 |
TONERO500: Please how many hours should you wait before sex after taking this mixture? 20 -30 mints Its an energy drink that boost the body system |
Politics › Re: Official Pump Price Nationwide. Subsidy Gone by westlius(m): 11:57am On May 31, 2023 |
Wahala |
Romance › Re: I Finally Had My First Sex Yesterday by westlius(m): 11:31am On May 31, 2023 |
|
Politics › Re: Is N488 The New Official Price Of Fuel? (NNPC Station In Lagos) by westlius(m): 10:49am On May 31, 2023 |
Jennyclay: I miss Buhari so much My dear when buhari said we will miss him I don't know Nigerians will miss him now now Its crazy buying fuel at a very outrageous price |
Romance › Re: I Finally Had My First Sex Yesterday by westlius(m): 10:46am On May 31, 2023 |
DataCrab: Previous thread https://www.nairaland.com/7708687/should-tell-olosho-im-virgin
Nairalanders come and rejoice with me. As from today 31st of may, 2023, I am officially no longer a virgin, glory be to God. Mehnn, I had my first sex yesterday and It was the best feeling I've ever had in my entire life. I want to specially thank @westlius, Omo that mixture you recommended really worked like magic. I really had alot of fun mehnn, that thing sweet dieeeeeeeee. You needed to see the way i was sucking and fu*king simultaneously, pressing and pressing, Godddddd. I couldn't believe a first timer like me could fu*k like that ohh omo. To be honest, I felt like my years of watching porn really helped me not to look like a novice. I'm planning on hooking up with the lady again for another one tomorrow by the grace of God. Thanks guys  Ok Bro, thats how bro help bro when they call for assistance. The substance which is (ginger,kola mixed in local gin) is far better than the tramadol stuff, pls guy don't take drugs that will endanger ur system, kola and ginger is medicinal, u can even add ginger to it to. Thanks at op |
Romance › Re: If You Have Mouth Odor, You Are Finished. by westlius(m): 9:24pm On May 30, 2023 |
Zonefree: Siofra Jennyclay Magnoliaa
Come and learn. Those 👧 go come for u oo |
|
Politics › Re: Rivers State People Escort Former Governor Wike Back To His House (Video) by westlius(m): 7:24pm On May 30, 2023 |
COMPAQ: By only doing Pleasure park and flyovers?
I lived in PH from 2006 to 2017 and in my view Rotimi Amaechi set the foundation for Port Harcourt of today. Amaechi dulised like 15 key roads that improved flow of traffic such as;
Old Aba Road Stadium Road Trans Amadi Road IKwere Road Rumuola Road Rumuimasi Road Slaughter/Woji Road NTA Mbuogba road The road that passes by Airforce Base. The one that goes to airport Rumukwurushi road Peter Odili road.
He also left behind a legacy of well designed and built schools, which Wike turned upside down.
Amaechi also did an IPP if I remember correctly in Trans Madi.
He also had plans for the new city to be managed separately by RIVGIS, which again Wike turned upside down.
The only key thing Amaechi messed up with is the Rivers Monorail. A. Monumental waste. My dear u talk tru Its not about building Bridge. Ameachi employed (13,000) teachers and 5,000 doctors once. But wike? He first announced employment of 5,000 civil service when he resumed his 2nd tenue, I even heard in that yr saying 5billion was set aside for that. We no see employment after we stay for line wella for secretariat, letter they moved it to online due to the Corona wahala. Now few month before leaving office he says 10,000 jobs for civil service. Me and millions of Rivers youth paid 3,000 to cyber cafe operators for its processes, Till now we no hear anything again as Sim Win. At what use did u build bridges without providing employment for the youth of the state. |
Politics › Re: Gombe State Governor Uses IVM For Inauguration by westlius(m): 6:40pm On May 30, 2023 |
This is really a nice an recommendable thing. A pray all these state uses it both in state and local govt levels. I hail those governors using such vehicles |
Romance › Re: Should I Tell This Olosho That I'm A Virgin? by westlius(m): 1:53pm On May 30, 2023 |
DataCrab: Long story short, I'm 21 and I saw this fine lady on codedrunz yesterday, chatted her up and we agreed to meet at a hotel later today. I'm very excited because it's going to be my first time having sex but at the same time I'm scared of fu*king up. Anytime I masturbate, I no dey use up to 3 minutes before I don release so I'm very worried of the same scenario playing out later tonight, I don't want the girl to feel I'm a novice because she's five years older than me, I don't want her to be looking at me like a small boy...
Should I just tell her plain that I'm a virgin in advance so that she wouldn't be of high expectations or I should just lock up. I bought some sex enhancers but I'm scared of using them because of the negative things I've heard about them.
Please I need your advice Grind bitter cola and ginger Mix am with local gin drink am. U will thank me with send ur aza |
|