Bill, are you going to also require that they have some sort of minimum level of capitalization? In addition to not having credit. I see a lot of drivers taking advances to cover their on road expenses, which starts them on the path to negative cash flow and that ever bigger hole.
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Discussion in 'Lease Purchase Trucking Forum' started by freightlinerman, Jul 29, 2014.
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USA truck has now upped their pay to lease on 68CPM + fuel Surcharge.. hurry before spots run out!
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Dart is running ads locally for $1.00 / mile.
$.68 plus FSC will barely make your bills.....you'd literally be driving for free -
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Are you sure $.68 isn't a typo? That won't even cover your fuel and insurance. You would literally have to pay the company to run at that rate.
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Just looked up USA's website and they are advertising up to $.98 a mile plus fsc. When you look at all the mileage based companies they are within about a nickel of each other. USA does advertise a program to allow you to run your own authority, but that is just based on what I read on their website.
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CPM + FSC means nothing when there's no guarantee of how many miles you're going to get each week.
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