leasing to landstar

Discussion in 'Landstar' started by bameyi, Sep 28, 2008.

  1. Brickman

    Brickman Trucker Forum STAFF Staff Member

    12,905
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    WY
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    And then we had PA gov Rendell on TV yesterday claiming how his state is the only one this yr to run a surplus instead of in the red like those losers in CA...... ummmm yeah governor you might want to bone up on your FACTS a wee bit before you go on world wide TV and look stupid.

    Check on WY's budget surpluses before you make false claims.


     
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  3. Chiricahua

    Chiricahua Light Load Member

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    May 21, 2007
    Great State of California
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    That is 35% if you pull a dry van only.
    You can lease a Step or Flat for a bout $150 per week. Plates, insurance, tires and brakes and pretty much all maintenance taken care of in that rate.
    If you lease a Flat or step you get an additional 8% for a total of 73%.

    Well worth the lease if you don't have or want to buy a trailer right now.

    Right now with the way freight rates are, alot of Landstar O/O's are making more than most Independants, and with Landstar's drivers great safety rating, scale houses are hardly an issue.
    You can have whoever you want over 18 ride with you in your truck at Landstar. You need to declare it with Landstar and they will fax you the form that makes you legal.
    You can drive any where you want at the best rate that you can negotiate.

    Unless I had set customers and rates set up right now, I wouldn't go Independant. The broker boards will get you broke fast. And the freight bill collectors and your higher rates for insurance will cut your profit even more.

    $2.50 to $3.50 per mile and over $.50 cents per mile on the fuel surcharge is a good rate right now. And if you can keep the wieght below 30,000# it will help your profit even more.

    Also if you have no experience as an Independant, then Landstar might be a better place to start before you get your Own Authority. You could always get your own plates while you are with Landstar and then make the Independant move once you feel comfortable.

    Just my Opinion.
     
  4. Native Dancer

    Native Dancer Heavy Load Member

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    3,259
    Dec 28, 2007
    Portland, Or.
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    Are you under an old lease? My understanding was the new contracts had the % broke down to tractor and trailer seperately for all trailers. I pulled a company van for a few weeks and they wanted to charge me %. Under my contract I ended paying the weekly rental.
     
  5. Chiricahua

    Chiricahua Light Load Member

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    May 21, 2007
    Great State of California
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    Been with Landstar just over a year. I get 65% of the load for my Tractor and I get an additional 8% for the Flatbed that I lease form Landstar. Now that's 73% of the 100% pf the 98% like it states in the cantract.

    Dry van pays 65%, they keep the 8% for the trailer but you don't pay anything above the 65% for a trailer lease.

    If you look at your statements you'll see that the trailer makes much more that $600 per month and they keep it if you pull a dry van. If you Pull a leased Flat or step you get the intire 8% and they deduct your weekly lease rate of $150.

    You 8% per month is going to be well above the $600 that you pay to lease the trailer.

    Does that explain it better? Can be a bit confusing.

    If a new contract makes you pay for a dry van then I'd quit pulling a dry van. The rates are the lowest anyways.
     
  6. 550hpW900L

    550hpW900L Road Train Member

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    Jan 29, 2008
    norcal
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    Friend of mine left landstar about 8 months ago and he pulled their flat, he got the 67% from the 98% deal.

    As far as making more money, no thanks, i do all right with what i do, and im sure i make more than any landstar deal, yes i work hard but i make out very good..... I saw his settlements, the guy worked hard and i really didnt see anything special about the money he was making.
     
  7. Brickman

    Brickman Trucker Forum STAFF Staff Member

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    WY
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    He didn't know how to read his settlement. Platform paid then 75% of 98%, and they took off weekly trailer payment.

    If he was getting only 67% some thing was screwed up, cuz that is not the contract. If he left wagons and went to flats they might not have changed his %% and its his fault for not getting it straightened out.
     
  8. 550hpW900L

    550hpW900L Road Train Member

    1,874
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    Jan 29, 2008
    norcal
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    Actually he left the skate behind and went to vans, since up here where we live there is more and better paying freight in the vans division, or so he says. They did a lot of auto parts crap with the vans, dedicated crap.
     
  9. Chiricahua

    Chiricahua Light Load Member

    240
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    May 21, 2007
    Great State of California
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    Seems like the norm, o/o's don't read thier settlements and Landstar is not going to correct anything that takes money away from them.

    They are quick to make corrections when you owe them money. LOL

    I have heard that new leases have a different contract than mine. But I heard they were getting 9% for a new Flat or Step lease for the new hires.
     
  10. poptop

    poptop Light Load Member

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    Oct 7, 2008
    anytown u.s.a.
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    hi all,i am new to register but have been lurking here for a few weeks.
    i am wondering what landstar pays for having truck and trailer(flatbed)
    thx
     
  11. im6under

    im6under Heavy Load Member

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    Feb 13, 2007
    iowa
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    if you have your own trailer then they don't charge you a trailer lease or rental fee otherwise they do...

    meaning you don't get paid xtra for owning your trailer you just don't get a deduction for not owning it.
     
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