Posable companies to lease with
 

hey there, I am reaching the 3 year mark for my DOT reportable and there is a posability for me to lease my bosses truck onto another company. Do any of the owner operators have any sugestions. She doesn't have any requierments except that the company will take the truck and that the truck makes money.

I'm looking for eather a dry van or container company, looking for regional or OTR, would like to get with a company that has a base plate program, bobtail colision and liability and pay decent, I'd say where the loads cover close to a dollor per mile and up for normal loads and I'd say at least 1.50 per mile for hazmat loads and around 19% fsc. Even if you have some companies that pay a little lower I'd love to hear about them.

Not 100% sure about the specs on the truck but this is what I do know. truck is 220+ wheelbase. 1998 frieghtliner convetional w/ sleeper, fixed fith wheel, 80 gallon fueltanks. Any possable companies you all know of?

ok, and she is based out of norfolk. lol that might make a diference as well

I would check the container movers out, you are near the water. Up here they pay .90 with no fsc.

And that truck will limit you with the small tanks and fixed fifth wheel. Sounds like a good short haul unit, perfect for container yards.

I was thinking the same as far as the limits but you never know till you ask. I found a place that pays .95+ and 19% fsc but was wondering what other choices I had. The small tanks give me a full days running with no problem so I suspect that part is doable but I know most companies prefer that slideing fith wheel. If worse comes to worse, come june I'll be looking to going back OTR company driver.

Hey Try Old Dominion out of Norfolk.. i hear their Can business isn't as bad as the rest..

sounds good, didn't know OD did cans

I didn't know, they signed O/O... Anyway, pulling that crap for 90cpm is not worth it. Besides being new, you'll get the worst of it. Just an opinion....

to some extent I agree, unfortunately, as one that's been off the road for a while, this is the only way I could get my foot in the door, besides that, while frieght is slow, they can name the price. As someone else posted, they are getting 60 cpm with NO fsc. I hope one day that we can see rates again but for now, I need to get the wheels turning again, even if it's at a lower rate.

I dunno man. Why are you, as the driver, the one here..or anywhere......asking these questions? Why isn't the owner of the truck interested enough to be asking the questions?

You act unconcerned as to the "rate" the truck receives initially. You should be. Very concerned.

The rate to the truck must be high enough to pay the expenses of the truck.

YOUR WAGES are one of those expenses. Your wages pay for the comforts of YOUR life.

The rest of the rate to the truck, pay's for repairs of the truck, insurances and taxes owed by the truck, plus the truck needs to earn enough to pay for it's own replacement, as well as pay a dividend to the owner.


Until the owner of the truck is interested enough to negotiate for an adequate "rate", that truck is just one more "Jippo" out there, lowering the over-all rates to the other trucks.


Those are hard words. But they are the truth.

if someone has specific advice? She buys cheep trucks and her hubby works on them. I have no problem dealing with, and have even thought about the fact that the rates need to go up. Of course, when you have spent over 6 mos this year put of work, priority 1 is to get back on the road. this 95 cpm and 19% fsc was her idea. If someone has some good advice and not the typical, B**ch but not give a solution or direction to go idea, I'm all ears.

thanks, I understand these things. I agree she needs to be more concerned about rates, I am doing all I can to find the rates but I know generally you won't find them with a company. I personally would prefer a company or contract that pays at least 2 per mile and probably closer to 3 per mile for hazmat. I could see that working for her trucks.

I see the condition her trucks are in and personally would love to go back company, maybe for celedon or heartland but till 17 may I still have an accident that's under 3 years old. If we could bank enough I'd like to see her go newer, more aerodynamic, more fuel efficient, not to mention get a truck that's able to be hired on with more companies, Better companies that pay a little beter.

A "leased" truck (my truck is leased into a Motor Carrier) will never see the full "paid" rate, in most cases, (unless a lawyer was really good and got into files before they were "disappeared".......an "Owner Operator" wouldn't ever know the actual billed rate). That is just "Trucking", where lieing, stealing and cheating, is standard business practice.


If the "Owner" of your truck has "multiple" units, then there is no reason in the world, if "she" choses to have those trucks pulling containers, that "she" does not take herself down to the corporate offices of Maersk, Horizon, MOL Logistics, K-line, OOCL, APL..or any of the other "Container" lines, and lease her equipment directly to them, running under their USDOT authority. MOL especially has advertisements out, seeking "Owner Operators" to lease into them. APL and Horizon have had advertisements out, off and on, over the years.

Eliminate the multiple middle men, and your "owner" could actually make reasonable money. But doing so takes effort. From the "Owner"....not a driver.

Sounds good, I'll run this by her and see what we can do. I know what your saying, I'm at the mercy of the owner as to what I can do and she seems to want to keep them leased. She had her own authority and don't wanna go that route again, not sure if she did brokered loads or what happened. Maybe she didn't go directly through the ship lines.

I know a woman in Alabama who had several trucks and ran her authority. After a couple of very high fines from the dot she gave up her authority to lease to another carrier. I am surprised that your boss isn't the one doing the research to lease her truck to a carrier. She is the one who will need to sign any contract. It really doesn't make much difference whether a carrier gets their loads direct or from a broker. At the end of the week you still need to make profit.

yes sir, she needs the profit to insure her trucks are taken care of, her drivers are happy and obviously so she can bank some for herself. this is the simplified version as all ppl have different needs but these 3 are ones I think all owners need, lol. I'm not one to just sit on the sidelines so the moment she said she'll sign any contract as long as we are happy and the truck is turning a profit, I reached out to my friends here at CAD to get advice on how and were to proceed. I'm more a medium/regional/longhull person. Local has never excited me but considering there are loads going all the way to kansas from norfolk, I can see I will have no problem fining loads going out of state. I might have problems finding places to street turn a box but I'd imagine the further out I go the easier it will be to find someone using that same ship line to export. I thank you all for the advise and input, more is always welcome. I think you all have given me food for thought.