What do you look for....

who are your customers? what are their products? where are your customers located?

 

ROFL!!! Wow, you guys amaze me with your hard-headedness. I said it could be used as PART of what you judge a person on and what the report consists of is a big deal, not JUST the score.

I declared bankruptcy years ago. Been there. Done that. But it's clean now and my credit score is great. I've had to do without many times and never had what I'd call an excess of money. Never been on a vacation in my life. Don't imagine I'll ever be able to afford to. Never bought a new car. Never bought clothes "in style". Never owned a cabin/cottage. I could go on but you know what I mean.

There are ways to read a credit report and figure out if the person is having a hard time or just being a spendthrift. Just like a DAC - I'd never just read a comment like "disobeyed company policy" and judge a driver on it. That's silly.

How a person handles their money, pays their debts, etc., matters when you're a tiny operation with only a couple of trucks. If this person is a thief or a good for nothing, they could take off with your truck and it'd be hard to recover from that when you're so small.

It's just PART of the equation.

Relax!!! You're starting to sound paranoid!

 

I am paranoid

And I'll take the guy strugeling to pay his bills long before the one who declared bankruptcy and has decent credit

 

How many people are going to submit to having their FICO lowered by a "hard pull" credit check by some rinky dink two truck company who is going to 1099 them at the end of the year?

I would guess anyone with a good FICO would walk away and never look back.

 

Are you sure about that?

 

Most bankruptcy's are the result of lost jobs, medical bills. You will find there will be more in the future the way the economy is going. I hope you are lucky to remain stable.

 

I think you guys are barking up the wrong tree...

number one: why is this dummy looking for a job...? if he were a good employee and good driver wouldn't he already be working someplace else?

number two: why does this dummy want to work for me...? is he looking for a temp position until a better paying job comes along? or is he to stupid to know any better?

self test part of the quiz... if I can't pay good enough wages to entice very good drivers to apply or even quit their current jobs and come work for me, then am I really making money and is the business viable or have I just been lucky so far that my current "dummy" hasn't sunk me already.

o/o owner operator. you own "the" truck and you actually drive "the" truck.

trucking company. owns trucks, has authority, has drivers, pays said drivers, and negotiates contracts.

wannabe: also known as poser

invests in trucks and tries to hire dregs to act as meat in the seat. instead of running trucking company he leases onto a real trucking company and hopes to syphon off enough funding to eek out a third wage where clearly only enough money is available for two.

no, this isn't a personal attack, though it must seem as one. it isn't specifically leveled at any one individual but rather the general state of affairs within the industry.

somebody brought up construction in another thread. its a good example... if hanging drywall pays 15 an hour then you can hang drywall and earn 15 an hour.

if you bring two buddies to work with you and try to play sub contractor then you can keep 15 and pay them 7.50 each or pay them ten each and keep ten for yourself... some combination.

this doesn't make you a contractor and get you a new pick-up and cell phone to talk on.

for that lifestyle you have to be a contractor, go out and bid jobs at 60 an hour and find idiots to do it for 15. this doesn't make you 45 profit because you will have legitimate overhead expenses beyond the drywall and the dummy hanging it... but you will make a good living without swinging a hammer.

moral??? nahhhh... but I hope it translates... if you own trucks and aren't driving then you had best be very very busy drumming up business, preferrably in the 2-3 dollar a mile range. this because you will have legitimate overhead expenses, taxes, payroll, insurance, benefits, workmans compensation ect...