Getting my authority vs leasing on.

Discussion in 'Ask An Owner Operator' started by big belly, Jul 25, 2014.

  1. big belly

    big belly Bobtail Member

    9
    0
    Dec 10, 2013
    0
    I am planning on buying my own truck and trailer sometime soon. A small local company I spoke with recently gave me the option of getting my own authority and let them arrange my loads for a percentage. This way I would be independent without the stress of finding loads. Supposedly they would treat me as one of their own drivers and keep me busy. Is this a realistic proposition?
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. dannythetrucker

    dannythetrucker Road Train Member

    2,856
    4,032
    May 26, 2011
    everywhere, man
    0
    That depends on their operation. In general, these types of arrangements are not real good and sometimes a bit shady. They really don't have a strong incentive to fight for good rates for you, it's really pretty easy to take 10% of average loads when you're paying all the bills and taking all the risk. And if they don't have broker authority, then will they be asking you to haul the loads on their authority or yours ? can be a bit sketchy.

    Don't get me wrong, I don't know anything about this company or details of how they intend to arrange these loads for you. I'm just saying what I have seen in these type of arrangements.
     
    blairandgretchen and big belly Thank this.
  4. 281ric

    281ric Road Train Member

    1,248
    809
    Oct 20, 2011
    TX
    0
    I agree w what Danny said. I have my own authority and sometimes I wish I was leased on to a carrier that has a lot of the freight I want but when I have an awesome week it reminds me why I like being on my own, kind of like golf, once in a while you play a really good game and reminds why you keep on coming back to play.
     
    blairandgretchen and gokiddogo Thank this.
  5. blairandgretchen

    blairandgretchen Road Train Member

    12,048
    60,659
    Dec 9, 2011
    South west Missouri
    0
    And . . . if YOU take the time to establish rapport with brokers under your own authority, then YOU have control over the better paying/ easier freight / rate negotiations.

    I can't see involving another finger in the pie - ( my dumb company driver 2 cents ).
     
    gokiddogo and 281ric Thank this.
  6. fortycalglock

    fortycalglock Road Train Member

    6,120
    6,515
    Jun 25, 2011
    Tourist Town, FL
    0
    The other folks have given you an accurate representation of what most of these freight finder deals are, typically bad for you. Now if that local company is a trucking company and is simply giving you excess freight they have, then that could be good. If they are just going to go on Internet Truckstop and find broker loads for you, you're giving money away for no reason.
     
    big belly and Davidlee Thank this.
  7. skateboardman

    skateboardman Road Train Member

    6,232
    5,704
    Jan 14, 2012
    flatbed heaven
    0
    it all depends on what that other finger in the pie does for you.

    many think getting their own authority will increase their earnings by 25 per cent, they forget that their costs go up as well over being leased
     
    blairandgretchen Thanks this.
  8. 281ric

    281ric Road Train Member

    1,248
    809
    Oct 20, 2011
    TX
    0
    this gentleman beat me to it, I have heard of guys leased on to Mercer and Landstar to name a couple that have tried both routes and seem to be doing really well and are happy leased
     
    blairandgretchen Thanks this.
  9. Davidlee

    Davidlee Medium Load Member

    419
    156
    Aug 31, 2012
    0
    It sounds as if the company is wanting to run a company truck but without the responsibility of owning a truck.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.