Anyone have experience with this carrier? I am thinking of leasing on with them if they are a decent company. Anyone know if they are an honest company or do they they bs you and hold out on you? I like the fact that they deal with machinery loads (nice, easy freight if you ask me) but does it pay well?
FTI-Frederick Thompson Company
Discussion in 'Ask An Owner Operator' started by TDriver4Life, Jul 26, 2011.
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Leasing on with your own tractor or their lease deal ?
They were quite big in Ontario Canada at 1 time , but sort of died off a bit , lost a big steel contract , lots of LEASEES got hosed at the time.
I know someone ( son ) who looked at going there few years ago. Heres the info he recieved.
They wanted the truck generate $550.00 per day. At the time Machinery Div was paying $1.15 / mile loaded $1.00 / mile empty charged $2,100.00 for plates , $600.00 for HUT had a fuel cap on fuel , $1,500.00 holdback insurance was your own or through them at fleet rate , tolls , scales , permits paid..
For machinery div he needed Headache rack , 2 yellow flashing lights , 12 chains , 10 coil bunks , 10 chain protectors , 12 chain binders , 10 nylon straps 3" wide , 6 red flags , (2) 16 X 28 Tarps , 2 over dimensial signs , clean tractor 47.5" fifth wheel height max.
Direct deposit , paid twice a month. Free Qualacomm.Road Killer and Williamexpress Thank this. -
Am with Fti....lease operator ..started off okay not getting rich but even after deductions making a paycheck. But do not do what I did and get a old truck .I have been having issues with the unit and after being in the shop a few times used up maint account and they put me in a motel and of course this comes out of your pay needless to say I am screwed now and will be turning truck in next week and all this for a truck I haven't even been in for about 6 months ....I haven't had a paycheck since 12/ 28 /15 and this week was 98 dollars live and learn...today is 1/29/16 if that tells you anything.
Road Killer Thanks this. -
I was with FTI. The millage paid was always less then I ran. They told me I didn't know the shortest routes and if I remember right they said they use Rand McNally shortest for routing .
I would tarp 10 loads but be paid for 2 . I would call and argue and eventually they would pay me for a couple more but never all of theme.
Same for picks @ drops.
They do move a lot of machinery especially out of their Laredo yard.
Lots of miles with theme.
But hated having to argue over what was rightfully mine.
Ymmv.
Good luck.Road Killer Thanks this. -
i am there now. fleet managers do not care and nobody give a flip. My oppinion do not go there. they never took any truck payments now truck is in reposstion.
Road Killer Thanks this. -
Will they hire you if you have a lane violation and a speeding ticket 8 miles over?
Road Killer Thanks this. -
Couldn't resist....
Gunner75 and Road Killer Thank this. -
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It's a rip off fleece purchase company that knows how to bleed drivers and make them quit. More jazzed up gulible drivers ready to play pretend owner operator......more meat for the grinder.
JimmyWells Thanks this. -
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