grandma drives for Riverside!

Is this a what you have got? Their fuel expense seems off by about $500.00 dollars.

 

this has to be a very bad joke ! If it was real their would be more people going with them and more people would have heard of them !

 

I heard of them .... Almost did it bout 2-3 yrs ago till I heard a horror story then I chickened out ... But I'm sure they have their success stories also

 

Several years ago in Charlotte, NC, Johnson Motor Lines had a similar lease purchase deal. And here is how it worked:

1-$2000 would put you into a brand new International. This $2000 was not a "down payment", but the $2000 started your maintenance fund.

2-5 cents per mile came out of your settlement and went into the maintenance fund until it reached $4500, once it reached that amount, the 5 cents per mile did not come out.

3-Payments were 10 cents per mile, the more you ran, the quicker you got the truck paid off. If you did not run, you had no payments. I knew a driver that broke his leg and was out for 6 months, the truck sit in his drive-way the 6 months and when he came back to work, his payments started back.

4-Repairs or maintenance costs were taken out of the maintenance fund. If you were in Charlotte you could get work done at Johnson's shop for "fleet price". If work was done out on the road, all you had to do was to call and get a p.o. # and the bill was paid.

5-And another big plus was that the o/os fell under the Teamsters benefit program, because Johnson had about 500 company drivers who were Teamsters and the drivers who were leased to Johnson fell under the Teamsters.

This was the very best deal,but as always, good things always come to an end. In August 1980 Johnson closed the doors.

 

This company seems to advertise every month in the free trucking mags (the small Readers Digest size). The concept seems better than many lease purchase plans I have seen over the years (there is no payment required when you have to take time off) but the pay after taxes, workers comp (occ ins), bobtail, medical, insurances, etc. will still equate to less than a company driver would earn with more risk to boot.

 

I think granny is a company plant.

 

with diesel at about $3.10 a gallon you only need to get 10.3 mpg to keep your fuel expense down to $750/week.

 

Many carriers have negotiated steep discounts for fuel. I do not know if Riverside has the bargaining power of the mega fleets (Schneider, Swift, Jb Hunt etc.) but that may explain the lower than normal fuel price.

 

Hello grandma. It'd be great to have another grandmother on the forum.

You remind me a great deal of grandma debbie.