Are you talking about the suits that were either class action or where there were a number of drivers filing against Prime, and the Judge ordered the suits combined because they addressed the same issues, and combining them would prevent those suits from tying up the courts for years. I'm pretty sure thats the case one way or the other.
century... I have known a some people who did well at Prime. They said they did, and one of them was a guy that worked at CFI for a long time. When I last saw him, he said he was on his third lease. He liked it. But he also stated that the only way it was working for him was that he never went home. He was divorced, didn't even have a home. Stayed with his dad if he ever did go home. He clearly said that the key to success with Prime was that you had to stay out for very long periods of time. Forget going home every two to three weeks for 3 or 4 days off.
Others I talked to said precisely the same thing. I do believe that it is the inherent problem with all leases.
Having owned three businesses, and put in the hours it takes to make a business work....I can appreciate the efforts that go to making a trucking business work. To me the "mechanics" of a "trucking" business at least from the L/O's point of view would be somewhat less complicated in that you don't have as many overall concerns. But as a L/O....you are the business, thus you have to keep that business running, which means if that truck is sitting, you are technically losing money while it is not moving. Time off at home or anywhere else is non-replaceable money lost.
Now, you have stated that you did extremely well. Ok, thats fair. But lets define the parameters of how you got there. Were you one of their "Golden Boys"... Would you run the load no matter what? How many logbooks did you use at one time? Did you and your spouse run team?
What were your personal financial requirements. What actual financial sacrifices did you make to be able to save enough money to retire at a young age of 51? Do you have a military retirement check or other retirement checks or disability income?
Not trying to be a smartass....just a pragmatic realist. As said earlier, I know what it takes to own and run a business. I also understand financials. And I have yet to see a lease that will realistically allow the L/O to live like a normal human being. One must at some point remove the shackles from the ankles and take personal time with ones family and self.
What fits one man's desires will crush another's hopes and dreams. Many people who succumb to the lure of promises without having any background experience. Thus, caution is advised all around.
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Forrest Gump was right....and some people literally strive to prove it.....everyday. Strive not to be one of "them".... And "lemmings" are a dime a dozen!
Remember: The "truth WILL set you free"! If it doesn't "set you free"....."it will trap you in the cesspool of your own design".
They lost my original "avatar"....oh well.
 
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