Landstar Flatbed? One Year Experience.

Discussion in 'Ask An Owner Operator' started by jgrues, Apr 3, 2024.

  1. jgrues

    jgrues Bobtail Member

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    I do have money for a headache rack and have been shopping around. I bought out all my current gear and own plenty to run.

    I’ll take a look at a few of the options you suggested. Great advice thank you.
     
    77fib77 Thanks this.
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  3. jgrues

    jgrues Bobtail Member

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    Good points. I’m happy to run regional and local is okay too. I rent my house out on short term platforms so I’m making decent money spring - fall if I don’t go home.
     
  4. 77fib77

    77fib77 Road Train Member

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    Well good luck. LS takes 4 or 5 weeks to approve. You need to have a truck at that point. But call them to double check on the process. They wont approve you for orientation until your truck passes a LS approved inspection. Which is a problem, since how do you get it inspected if your not supposed to drive it. You need to do it on the temp permit.
     
  5. jgrues

    jgrues Bobtail Member

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    This is all good info to consider.
    Right now I’m paying about $1,200 a week or over $62.4K/yr and $249,500 per the four year lease.

    Running on my own, even if I didn’t make any more income than currently, I could significantly reduce my fixed costs on a used truck and rented trailer. For example a truck through Lone Mountain is between $5-30k down, with payments around $1,500 per month over a 40 month term. That would be a game changer for me, and my bills back home are very lean. Mortgage + taxes are paid for through rental income. My personal vehicle is paid in full.

    That’s the primary reason I’m shopping around. Feel like I’m getting #### hosed at my current company, who dropped me over 1,000 miles deadhead away from home last time I requested it, and only schedule me for $3k in gross revenue last week putting me into negative paycheck territory.
     
    blairandgretchen and 77fib77 Thank this.
  6. jgrues

    jgrues Bobtail Member

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    I’ll give them a call today. I talked to someone who went over recently and it sounded like they got their truck on approval for orientation and were running shortly thereafter. But the primary source is best.
     
  7. mudflap77

    mudflap77 Heavy Load Member

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    What are your repair and maintence costs going to be for the Lone Mountain truck? My last used truck averaged $3,700 a month over and above a $1300 payment for the 36 months and it was maintained pretty good by the original company, I have their records for the truck with every detail they did right down to service calls because the driver locked himself out. My only major repair was basicly replacing the emissions system, with that take out of the equation maintanence still average $3,200 a month. I spent more every year then the original owner did in the 5 years they operated it combined and it wasn't them neglecting it either. Now I've talked about what the averages were I can assure you those repair bills didn't come in at predictable 3,300 a month bills, just food for thought
     
    blairandgretchen and 77fib77 Thank this.
  8. Constant Learner

    Constant Learner Medium Load Member

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    It's not 65% of the line haul. Or 73%. You don't know what the contract rate is. Then you have to deal with agents for some reason. I doubt you'll get more than 50% of the contract rate.
     
  9. 77fib77

    77fib77 Road Train Member

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    St Louis
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    How much contract freight am I hauling? As far as what the agent is getting vs posting the load for, that's for LS to figure out. If it pays enough I will call, if it doesn't I won't.
     
  10. Constant Learner

    Constant Learner Medium Load Member

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    I can talk only for a dry van. If you haul a multistop hazmat, it may pay well. That load will pay like 6-7 dollars per mile, and you'll get paid $2.50. That's why like half of the orientation is about hazmat loads.
     
  11. Keepforgettingmypassword

    Keepforgettingmypassword Heavy Load Member

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    What part of the country you live in makes a big difference with l/s.
    Land star has it's perks and it's problems. Self dispatching takes a little getting used to. I don't want to offer any advise but I will. Keep what you have saved up. And start a another savings for a used truck off of market place. While building this account you will be getting more experience. And you won't have to worry about a payment until your sure you want to stay leased on. Cause if you quite a lease you still have a payment. Also look into the LLC. Vs LLC s corp and LLC c corp.
    And even if you don't have it. Make sure your app with them shows snow experience.
    But to get on with them all you need is a 2290. Which is 550.00. after being there for a year I would by my own plates thou.
     
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