Ok so just got my own authority and do not have a trailer yet. I can afford 1 but have not been able 2 commit 2 a reefer or flatbed 4 sure so decided 2 use my authority and be a independent contractor with USA. I know 4 conpany drivers they seem horrible but has anyone else done the venture I am about 2 try? No charge 4 trailers and 76% of line haul and 100% fsc. Thoughts???
Power only own authority USA-Truck
Discussion in 'Ask An Owner Operator' started by V c2c, Aug 25, 2016.
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Trailer Transit is power only and pays 50% of each trip in advance.
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Jb hunt
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blade Thanks this.
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I'd just go ahead with USA Truck for now and start researching for a backup plan to use in the near future.
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I'd get set up with Hub Group too -- they've often got power-only loads for Amazon.
Not sure how Frey Miller can get away with early termination fees if you are an independent???
I would keep an eye on USA's financial situation before committing a lot of your time and money to them. They're heavily in debt, make almost no profit (they actually posted a loss for Q2), and have negative cash flow -- meaning that if their creditors decide to stop lending additional money, they could be in serious trouble. 1st one to be stiffed would be outside carriers...
Plus their CFO "resigned" recently with no explanation. More troubling is the fact he was paid severance -- suggesting he was really fired, but that USA wanted to put a spin on it for nervous shareholders.Last edited: Aug 30, 2016
TallJoe Thanks this.
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