Hold backs

Can anyone tell me why a trucking company might need a 90 day hold back? Any help would be greatly appreciated, thanks

 

Unfortunately, been applying all over many are not responding to e-mails or won't reply when you leave messages even when there advertising for drivers. And the ones I have talked to have a 60 day hold back for first pay, and a couple have a 90 day hold back on final pay.

 

That's to bad I would have liked to hear them, it's unfortunate these things are happening all the time to the owner operators and the government turn a blind eye, if a owner operator goes belly up, they are accused of not knowing how to manage there money. We made the mistake of buying a heavy spec truck to haul reefers, being our first truck, not giving the proper specs, the salesman knowingly knew what we needed the truck to haul, and acting stupid when it comes to axle weights ( he claimed to be a ex owner operator)when we purchased it. The company that hired on disregarded telling us what weights they needed, we are now stuck with a 2010 International Lonestar with 46000 lb rears and haven't been able to find work for it in a month. The carrier even walked us through the truck purchase. We sold our home to be closer to there lot in Acme. I heard that this wasn't the first time they hired on a owner operator with a heavy spec truck and then let them go. Every add they have posted for drivers does not post there specified truck weights. But dont worry they do feel bad,when they have to let you go. They were nice enough to reimburse us for their decals. Then they tell they don't push there drivers, but can you make it from Lethbridge AB to Shreveport La if you left Calgary on a Monday loaded in Lethbridge @ 8:00am and had an unloading time of 10:00 am Wednesday. Can you afford to say no? I am now looking at 2 jobs unfortunately the only 2 that could be bothered to reply to their own adds, one has a contract that only benefits them, doesn't say pay per mile, fuel cap is changed once a month (so they say, that isn't written on paper) all their benefits are given verbally. So I don't trust it. I have looked at trading the truck for lighter curb weight, Glover offered to trade ours for a 2009 international pro star, stating he listed it 66,000 but he wanted money on top, because he would have to pay out our financing at over 100,000, we looked at the add on his site they were asking 59,000 for that same truck. You have to be awfully stupid to fall for that crap. Needless to say we are learning the hard way, but what I do know I will never buy a truck through Glover, or Southland again, after the first trip with the truck, We took the truck in to get the clutch adjusted, to find out the clutch was seized, and it had apparently been that way for quit awhile, the mechanics at glover told us that they thought the Dpf had been removed but were not sure, and the cab air bag shocks were gone. We took it back to Southland the work done was over. 6,000 they agreed to pay half. When we got it back the transmission was leaking, took it back, they said they figured it was a seal from when they fixed the clutch, and after we picked it up we noticed it was still leaking, so we phoned them and told them we were not taking it back to Lethbridge, they agreed they would pay the cost of the repair, so we took it back to Glover, the mechanic figured that when Southland had fixed it the mechanic had used a air hammer on it and put a hole in transmission housing. That was another 3,000 bill for Southland. We were just lucky we noticed it, and I honestly don't believe they did not know they had put a hole in the housing and there was only 6 Litres of oil in the transmission. And they wonder why Owner Operators are going belly up.