Truck Load Rates Halt 8 Week Slide 2.0

That seems like a fair deal. Especially if a guy can secure a decent insurance rate and has a paid for trailer.

 

Once again, paying 12% for someone to handle the dispatching, paperwork, billing, etc, isn't too bad even if the operator is paying for all other costs. So long as the carrier is providing decent averages and volume.

 

The company I used to work for was charging the lease ops 10% of the rate. However, those guys are paying for EVERYTHING else, including a $1,000 a month trailer fee and $1,100 a month liability/cargo insurance.

The company processes the invoices, collections, disbursements, IFTA, road tax, etc. But it's coming out of their disbursements.

Believe me, the rates those guys are getting isn't that great either. So, they remain on the grinding wheel and make it up on volume.

To each their own...

 

Man, over the years, I've seen so many different ways these companies structure their lease op programs, it's enough to make your head spin LOL

I'll also say that a lot of it is smoke & mirrors and if a person isn't careful, they can leave a lot on the table.

 

I heard a local car dealer commercial yesterday. The guy was saying that even if you were upside down in a current car loan up to $8,000, if he couldn't get you out of it and into a new car, he'd pay you $2,000! LOL

Sucker born every minute