jtrnr,
it has to be the way they present the rate per mile to these drivers...starting pay at $.98/mile versus $.31/per mile. That is all I can figure.
Secondly, they can't have a clue as to what it costs to operate a rig WITH NO EXTRAORDINARY MAINTENANCE costs mostless when something breaksdown.
If I am off with my brief example please strighten me out.
Say a $1 per mile. You have a great week and you drive 3000 miles. You just grossed, THAT IS GROSSED, $3000 for the week.
But what did it cost you to operate that truck for the week? At 6 MPG, you burned 500 gallons of fuel...at $2.85 per gallon less fuel surcharge of say 34%, you just spent 3000 x $1.88 or almost $1000 on FUEL ALONE!!!
Now you are down to $2000 left. Lets say that you had to replace a couple of tires at $400 each. Now you are down to $1200.
You haven't eaten a bite, you've not performed any other maintenance on the truck. You haven't sent Mama a dime to pay the bills.
What happens when (not if, because we know it will happen eventually) the transmission or AC or water pump goes out?
What happens when you only get 2000 miles for the week? Or when fuel prices get back to $4/gal.
I just don't see it on a good day.
Transam trucking - lease program
Discussion in 'Report A BAD Trucking Company Here' started by 2insane, Oct 11, 2009.
Page 3 of 13
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Beechvtail, billsgirl, Chasdo28 and 1 other person Thank this.
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Your right drivers see .93 mi and figure 2500-3000 miles and think it's good money so they sign that lease. Then they get their settlements and say what do mean I have to pay for this and that. The only way run a truck is to buy one outright. If buy a used one, you better make sure you have at least 10,000 - 20,000 in the bank to repair it. -
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You still haven't figured out the TransAm lease yet have you? NOT A LEASE! It's a rental or actually a SUB LEASE!Not tax deductible either so you are in a loose loose situation! READ THE THING or call OOIDA and ask them! LOLOL
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They count on the unsophicated nature of many recuits as not to understand business concepts such as sublease, much less any of the tax issues concerned.
Using tried and true methods handed down from direct sales, high pressure marketing, "rha rha" rhetoric, shame tactics, etc on people susceptible to pressure marketing. (people really just looking for a job)
Then the straight-up "hard heads" - of with I've debated here myself, that will defend these scams till the end either because they just can't stand to admit the mess they've gotten themselves in - or they misrepresent themselves as "successful drivers" when in reality they are nothing more than company operatives sneaking around the board.
Short answer is the lure of "easy money" - the reason why anyone gets taken in by these, timeshares, MLM's or any other kind of scam out there.
Hopefully more and more can find sites like these, and see the reality of these leases for what they really are. -
I have all contracts for Transam Trucking. Lease and also Independant agreements as well as a new CSA 2010 which they forced you to sign stating they can suspend you for 3 days if you get any violation.
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Think we could get lucky and that the government actually does something and not just talk about it? Nahhhh!!!! Ya gotta know that big bucks are going out just to keep the status quo going!!!!
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Illinois. Good luck. I have had the agreement looked over by a few firms for a friend of mine that got eaten alive by Trans-Am (my trainer). As crappy as it is, the agreement is really bulletproof for the company. It is written in language easy enough for a high school graduated to understand AND it even tells the person signing it exactly what happens with money, trucks, ect.
The problem is people get desperate in Olathe and Rockwall while waiting for trucks and they don't read the thing fully before signing. -
The question I have is did you win your case?
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pinballwizard Thanks this.
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