Western Flyer Express Layoff

This is all on WFX spending BEYOND THEIR MEANS.
Like many other carriers and owner/ops they thought the good times were going to last during the pandemic,but when it ended they didn’t prepare for the lean times.

 

rates are down thus driver pay will go down.

 

They should've increased WFX drivers' compensation package to match IWX's instead of bringing IWX's down to WFX level. The fact that they didn't tells me that one of two things is happening and neither one is good. This will definitely make for an interesting conversation when I call their recruiting dept. later this week.

 

I just got approved for western flyer express lease purchase. I am actually excited for $1.17 a mile pfs.

 

Congrats. You are now an indentured servant. The company can now run you ragged hauling their freight, while you will barely break even after expenses. You can also probably forget about home time, unless you want to be in arrears on your truck payment. Best of luck to you.

 

Good luck, seriously, you’re gonna need it.

Wishing you the best but my experience in this industry, however short it is, tells me that any “lease” program will turn out bad for you in the end. Very rarely hear or read actual success stories. Sometimes I wonder if they’re even true, or just more industry lies!

 

$1.17 a mile? Plus FSC? Does that even come close to expenses?

 

Yup.

Yup.

NOPE!!!
I’ve said it before once and I’ll say it again-those rates weren’t even feasible 10 years ago,let alone now!
Now if it was $4-$5 dollars a mile(whether the fuel surcharge is included or not) maybe-MAYBE you might break even!!
Anything less than that you’re better off letting the truck sit!!
Realistically I’d run for $6 dollars a mile to stay afloat!

 

It doesn’t cost $4-5 a mile to run a truck down the road hauling general freight. I know what it cost me to run my truck and I know the terms of my last contract and I know how much I netted and paid taxes on and your numbers are pretty far off.

Lease purchase is generally not a good idea. And without knowing their fuel discount and what they charge for insurance and stuff it’s tough to say what he’ll be left with at roughly $1.60 a mile.

My last deal was a mileage contract plus surcharge. By itself the figure wasn’t the best. But when you factored in the fuel discount, tire and parts discounts, insurance discounts, and everything else it worked out pretty decent at the end of the year. I can say that 2024 was the best year of truck ownership I’ve had.

 

I'm pretty sure that's a joke. Who'd proudly post that?