Small fleets leased to companies
 

Is it possible for a fleet to be leased or is it a issue like I suspect it is? if you can only be leased to one company which would be a good where you could pull most types of trailers?

Re: Small fleets leased to companies
 

That KW in your avatar looks way familiar...which dealer lot was it sitting for sale on when you took the picture?

I have known of several fleet owners who have leased to carriers. Frankly, I think if you are a fleet owner it would be better to run your own authority rather than leasing to a carrier. I recall one who had quite a few trucks who leased to U.S. Xpress. I know others who leased to Landstar. I have met a couple of fleet owners who have leased their trucks to more than one carrier.

U.S. Xpress doesn't have a variety of trailers. Landstar does. I don't know of any fleet owners with Jones or Mercer, but they also have a variety of freight types.

Ok wat about jb hunt they have a vast variety of freight types plus dedicated, local & whatnot. What are the in and outs of leasing and your own authority?

JB Hunt and some of the other large carriers certainly have the freight base, but they don't pay their owner operators enough.

When you lease to a carrier you are limited to the freight they have available. They do take care of a lot of things for you. They usually file your IFTA taxes, handle your base plates and permits. They also find and book loads for you. They normally advance you money once you are loaded and pay you at least weekly on what you have delivered. If you have a major breakdown, some may finance or advance you sufficient funds to have the repairs made. Most carriers take about 25% of the line-haul rate.

When you run your own authority you are responsible for everything involving your business. You do all paperwork and pay the bills. Unless you factor your loads or do quick pay, you will need to have sufficient funds to keep you going and pay your bills for at least 30-90 days. You will also need to find and book your own loads, bill brokers or shippers and everything else involved in running your business. There is no safety net when you run your own authority.

I know swift has many private fleets leased on, the biggest being DSW that have quite a lot of trucks.

I don't see how any fleet can make it leased to ANY carrier who pays $0.80-0.90/mile, even with the fsc. Fuel alone will run close to $1/mile. Add driver and you are getting close to $1.40-1.50/mile. Perhaps they have a much higher rate for those with multiple trucks. I don't see the benefit for anyone who has a fleet to lease to a carrier. I think that a fleet owner is much better off running their own authority. Your options are much greater when you run your authority.

If the fuel runs at .75(not a buck) and a driver at some .36 youre looking at 1.11 on the average cost. I dont know where Mike gets the 1.50 number from for those two, but it does not sound reasonable at all.

I know few fleet owners who lease with FedEx and do quite well.

I know one who brings 40K net to the house on his two trucks and doesnt do anything but pay the bills. Trucks run a team and alot of miles but when the time comes he trades them in and keeps on keeping on.



If you cant manage money, 3.00 pm cant help you make it, i've said it all along.

.75 in fuel per mile is pretty hard to attain lately. At 6mpg and 75cpm in fuel, you're at 4.50/gal. Not too many states have diesel at that price. It is around $5/gal in California. Gman calculates on 5mpg, which is more realistic. Once a truck cools down fora few minutes at the end of the day, is backing into a dock, or starting up in te beginning of the day, you take a hit on mpg. While sometimes negligable, it adds up.

A driver making 40cpm with 85cpm in fuel is $1.25. Take your truck payment, maintenance, plates, etc and owning a truck starts adding up. $1.249 fuel at FedEx hubs was a killer deal. At 5mpg, your fuel costs are 25cpm...not too shabby.

There is more to driver compensation than mileage pay. The employer must match the employee's Social Security Tax (which is 7.5% of the pay)unless he pays with a 1099. Depending on the state and number of drivers, the fleet owner may also need to provide workers compensation insurance or some sort of accident policy. In addition, the fleet owner will likely need to offer some sort of insurance to the driver, which is another cost. You also need to add the cost of maintenance, pm's, tires, truck insurance and payments. There are a lot more costs involved in running a truck when you look at hiring drivers. There are also a lot more costs involved with the truck than fuel. And Bandit is correct about how I calculate my fuel costs. When you calculate your operating costs you should figure costs high rather than low if you want to stay in business. I have gotten as low as 4.99 mpg running in the mountains and wind out West. I average over 6 mpg over the quarter. Your mpg can vary according to where you run and what you haul.

I also heard that it's better to calculate your fuel average quarterly instead of daily or weekly.

Just shows how little an 18 y/o knows about running a trucking company... :lol:

So you automatically assume that I'm 18 I don't know a thing about running a business or driving a truck? I'm not some young dumb teenager. :roll: You really need to get your head out your azz.

Yes you are 18 and only have a permit as you claim. And no... you have completely no idea what it takes to run a business. Now go finish high school, go to college or get a job....

It is time for you to stop playing wannabe truck driver, wannabe firefighter, wannbe policeman, wannabe astronaut on the www.... :lol:

BigD, how about you stop giving us less experienced drivers a hard time? I mean REALLY! We make are mistakes, and so have and do you. STOP SITTING AROUND LIKE A PIOUS GASBAG YOU POMPOUS ASS...

Now i dont like making enemies this ealrly upon joining a forum, but I stick with my friends first, stangers second. That is all for now.

:lol:

You must be the know-it-all wannabe's protector.....

no...im the one whos agaisnt statistics and egomaniacs as yourself. How ever if you feel that I am his "protector" this shall be a fitting picture for you and others whom feel that way...

http://farm3.static.flickr.com/2394/...e44a6e.jpg?v=0

Don't fret too much, BigD has a rude comment to say to everyone, not just you :) I have yet to see a post of his where he wasn't mouthing off :)

yes, i have seen that...i am his kryptonite...i shall fix him...or at least have much fun on his part...actually i thought he was a bit of a wussy... this is the first time he's replied to a post of mine against him...

Matcat, Double L and his " Partner " Chubyboy....... 2 are kids and the other is an usafe driver..... :lol: :lol: :lol:

See, this time he did 3 people in one post!

BigD, do you even drive a truck? Or are you the one that i saw sitting at the truck simulators at my school trying to figure out how to get the truck moving without stalling it?

We're not kids, if anyone is acting like a kid it's you BD. Your probably the one I hear on the cb whining all the time for no reason. Your afraid to admit about the accidents you have been in or mistakes you have made cause of your super trucker ego. :roll:

Yes.... you two are kids.....and not O/O's let alone professional drivers. BTW...wannabe twuckers... my ISS-2 is 34.......
Now it must be curfew or you need to finish yourselves or your homework.... :lol:

BigD, what's your US DOT #, I wanna look it up for myself :)

Two problems with your statement there BigD:

1: I graduated from a industry renowned school as a first seat driver. The program is meant to train only FIRST SEAT PROFESSIONAL drivers.

2. While LL may not drive yet, I do. Therefore NOT a "wannbe twucker".


The key part is this...im a professioal driver....not nessecarily a professional adult thank you very much...In my side of life/job as a driver I can be very professioal and couteous, etc. In my personal life, things can change consideralby.

As I have stated before when other wannabe's have challenged me for my MC # , USDOT #, FEIN, D&B, etc... I will be happy to do so once they post their SSN and DOB that I can verify through DAC. :)

A "professional " can spell.......

I'm sure the 3 trucks you own are just diecast trucks you play with in your room. :lol:

XXX-XX-6285

07/31/1989


gave me a break...im tired, my fiance broke up with me...im not gonna put up with anyones shit....period.


btw, if u REALLY want my full ssn, i guess i can pm it to you...

I'm done fighting with you BigDiesel! It's already bad enough I'm acting immature by stooping to your level. But it was coming cause I'm getting sick and tired of the insults you make to everyone on this board! I'm surprised no one else has chewed ya out until now. :roll:

Who has " chewed me out " ???

:lol: :lol: :lol:

Your post shows how stupid you are by posting personal info the web....

I suggest that you edit it.....

Let's see if this young whippersnapper wannabe trucker can joggle his memory. If I remember correctly Golfhobo!

you aint gonna do much with what i gave, hell i could give out my d/l number even...perhaps my addy, etc..therefore im not gonna edit it...

Double L:

Big Deisel has about as much substance as a fart, he stinks the place up for a minute and then just blows away. Don't waste any more of your time responding to him. :wink:

:lol:

Uh......... Darlin' let the men speak here.... Thanks.

I might suggest twuckstop usa for you, LL, chubybut, etc..... you three would fit right in... Don't forget your knitting needles.. :lol:

i never was that great at knitting, sorry...

You do realize that US Dot and MC #'s are public information right?

Actually, just give me the name of your company, don't even need the numbers.