I'm taking the L/P plunge

inkeper · May 5, 2014

This is gettin' good!

Wolfyinc · May 5, 2014

Dinomite said: ↑

Slow your roll Rex. I ain't hating on the player. I'm hating on the game. But as you see with all these companies who lease purchase these trucks. There's a player ready to be played each and every day. I'm just letting those who don't realize he has to take out tax not fall for the big numbers. So they don't get played. Some can make it work and some don't. Just know what you are getting into.

I have driven over 16 years I don't need 3000 miles a week I do just fine with 2500 @. 40cpm. I have been at JBS for over 4 years and I can count the number of times on one hand I put in for detention. As for micromanagement again 4 years and I don't know the people's names in the office or in safety. Do your job and you have no issue's. Also the detention starts a 4 hrs but maybe they changed it. I don't know. Oh ya the 60 bucks a week for the family insurance, and the close to 2,000 plus I get for vacation makes up for all the short comings. As you say my friend. To each their own. Enjoy your night Amigo.
Click to expand...

Swift company driver gets detention for every hour after the 2nd hour which is $15, O/O gets $30, first year vacation $400, 2nd year $1000 and year 3-5 I believe I was told by my manager $2k and after that im unsure.
I am averaging 44cpm but im dedicated and the pay scale for my fleet is 37cpm to 52cpm depending on the dispatch miles as a company driver plus stop pay to pick up backhauls on the way back, I am not sure how much the O/O's are paid on the fleet but I know they make decent checks. I forgot to mention my paychecks are based on a 5day week, I am home 2 days every week. I could go home nightly but choose to sleep in the truck to save on fuel driving back and forth 2 hours from home. I cant complain too much about my gig and Swift is being good to me right now.

NoBluffBuff · May 13, 2014

Trust me....you will not make a killing as an L/P driver. I am not a person who encourages it to others, as I know it isn't a good situation for many. Personally, I had my reasons to take the plunge...goals. If you go in for the money....hahaha! Really hadn't seen numbers out here, thought I would share last week (before I went home this week). Many things affect the settlement throughout the week...hard to see the same settlement week after week. Here is one with little deadhead, and only 3,100 loaded miles. Look at the bottom, I will explain what I do with settlements.

LOADED MILES 3,136 EMPTY MILES 42
LEASE AMT (MILEAGE) 2,934.62 ADDITIONAL PAY 1,469.93 GROSS DUE OWNER 4,404.55

O/O INTERSTATE EQUIP TRCTR PMT 585
QUALCOM 20
MAINTENANCE RESERVE 158.90
FUEL COM-CHECK 1,870.31
DIESEL EXH FLUID 36.16
O/O COLLISION INSURANCE 75.59
O/O NONTRUCKING LIABILITY 16.15
O/O OCCUPATIONAL ACCIDENT 32.31

TOTAL CHARGES 2,794.42
NET AMT DUE OWNER 1,610.13
Direct Deposit Acct #XXXX 1,610.13

Taxes!!! Right of the top 25%, even if I pay in less when I file. In this case around $400. Then I take that total net before taxes and subtract 10% for a personal maintenance fund. I already allow Swift to take out 5%, by the way, for my 2014 cascadia. Then I take another pretax net 10% for personal savings. Pay myself $100 salary every week, some people think that makes me crazy. I go grocery shopping twice a month to stock the shelves & fridge, maybe get some new clothes....seems like that runs me $500/month. The rest goes into my checking, and I refuse to touch that. Once a month, I allocate money from checking for additional savings, needs, or helping others, and this further keeps my fingers from touching it too often. It's not perfect....not easy....NOT a money maker. People can do it with hard set goals, a bit of luck, determination, and of course also sacrifice.

Luse · May 13, 2014

Dinomite said: ↑

Slow your roll Rex. I ain't hating on the player. I'm hating on the game. But as you see with all these companies who lease purchase these trucks. There's a player ready to be played each and every day. I'm just letting those who don't realize he has to take out tax not fall for the big numbers. So they don't get played. Some can make it work and some don't. Just know what you are getting into.

I have driven over 16 years I don't need 3000 miles a week I do just fine with 2500 @. 40cpm. I have been at JBS for over 4 years and I can count the number of times on one hand I put in for detention. As for micromanagement again 4 years and I don't know the people's names in the office or in safety. Do your job and you have no issue's. Also the detention starts a 4 hrs but maybe they changed it. I don't know. Oh ya the 60 bucks a week for the family insurance, and the close to 2,000 plus I get for vacation makes up for all the short comings. As you say my friend. To each their own. Enjoy your night Amigo.
Click to expand...

But yes when you chase the all nighty dollar it tends to bite you in the ### well me it does. But as a swifty I get .40 mile ever 3 months I get a performance bouns, any where from 1000 to 1300. Vacation pay I get 1800. And detention pay after 2 hours 15 bucks an hour don't have to fight to get it. And I average 2600 miles a week but like you said each there own. Also when macro 30 does work its nice to choses where I want to go.

Dinomite · May 13, 2014

Luse said: ↑

But yes when you chase the all nighty dollar it tends to bite you in the ### well me it does. But as a swifty I get .40 mile ever 3 months I get a performance bouns, any where from 1000 to 1300. Vacation pay I get 1800. And detention pay after 2 hours 15 bucks an hour don't have to fight to get it. And I average 2600 miles a week but like you said each there own. Also when macro 30 does work its nice to choses where I want to go.
Click to expand...

Can somebody please give this guy a box of crackers. I'll pay you back when I c ya next time

ladiesman304 · Jul 3, 2014

well I took the plunge. but I happened to take it on the wrong day. signed the lease last Tuesday but the truck didn't have the ez pass or the permit book. they said everything would be at the terminal by Thursday which it was but guess what I was charged those 2 days. so before I even get in the truck im already 3 or 4 hundred in the hole. then I get a load from mira loma, ca to phoenix but when I go to fuel my card is blocked, guess what its after 5 so everyone is gone. so now I have to give up the load and wait til Friday for somebody to fix my card. I called the recruiter to see if I could get those 3 days back towards my 23 days without truck payments and I was told that she couldn't do anything for me. so I ended the week with about 2,000 loaded miles and about 150 empty miles. its a lil harder than I expected but im pretty sure this week will be a lot better

fr8monkey · Jul 3, 2014

Get used to being in the hole around 700 every week,it's not just your first week u in the hole...get used to it and enjoy your three free weeks with no tractor payment.....208 payments more to go....

ladiesman304 · Jul 3, 2014

fr8monkey said: ↑

Get used to being in the hole around 700 every week,it's not just your first week u in the hole...get used to it and enjoy your three free weeks with no tractor payment.....208 payments more to go....
Click to expand...

208 my arse. Im on a 73 week lease. next week will be much better. this is just an experiment to see if I can do this. it was way easier driving for an owner. but im up up for the challenge

ladiesman304 · Jul 11, 2014

ok so this week was way better. 3,225 loaded miles 267 empty miles. im a happy camper.
[TABLE="align: center"]
[TR]
[TD="colspan: 2"]LOADED MILES[/TD]
[TD="align: right"] 3,225 [/TD]
[/TR]
[TR]
[TD="colspan: 2"]EMPTY MILES[/TD]
[TD="align: right"] 267 [/TD]
[/TR]
[TR]
[TD="colspan: 2"][/TD]
[TD] [TABLE="align: center"]
[TR]
[TD="colspan: 2"]LEASE AMT (MILEAGE)[/TD]
[TD="align: right"] 3,214.11 [/TD]
[/TR]
[TR]
[TD="colspan: 2"]ADDITIONAL PAY[/TD]
[TD="align: right"] 1,409.33 [/TD]
[/TR]
[TR]
[TD="colspan: 2"]GROSS DUE OWNER[/TD]
[TD="align: right"] 4,623.44 [/TD]
[/TR]
[/TABLE]
[/TD]
[/TR]
[/TABLE]

ladiesman304 · Jul 11, 2014

NoBluffBuff said: ↑

Trust me....you will not make a killing as an L/P driver. I am not a person who encourages it to others, as I know it isn't a good situation for many. Personally, I had my reasons to take the plunge...goals. If you go in for the money....hahaha! Really hadn't seen numbers out here, thought I would share last week (before I went home this week). Many things affect the settlement throughout the week...hard to see the same settlement week after week. Here is one with little deadhead, and only 3,100 loaded miles. Look at the bottom, I will explain what I do with settlements.

LOADED MILES 3,136 EMPTY MILES 42
LEASE AMT (MILEAGE) 2,934.62 ADDITIONAL PAY 1,469.93 GROSS DUE OWNER 4,404.55

O/O INTERSTATE EQUIP TRCTR PMT 585
QUALCOM 20
MAINTENANCE RESERVE 158.90
FUEL COM-CHECK 1,870.31
DIESEL EXH FLUID 36.16
O/O COLLISION INSURANCE 75.59
O/O NONTRUCKING LIABILITY 16.15
O/O OCCUPATIONAL ACCIDENT 32.31

TOTAL CHARGES 2,794.42
NET AMT DUE OWNER 1,610.13
Direct Deposit Acct #XXXX 1,610.13

Taxes!!! Right of the top 25%, even if I pay in less when I file. In this case around $400. Then I take that total net before taxes and subtract 10% for a personal maintenance fund. I already allow Swift to take out 5%, by the way, for my 2014 cascadia. Then I take another pretax net 10% for personal savings. Pay myself $100 salary every week, some people think that makes me crazy. I go grocery shopping twice a month to stock the shelves & fridge, maybe get some new clothes....seems like that runs me $500/month. The rest goes into my checking, and I refuse to touch that. Once a month, I allocate money from checking for additional savings, needs, or helping others, and this further keeps my fingers from touching it too often. It's not perfect....not easy....NOT a money maker. People can do it with hard set goals, a bit of luck, determination, and of course also sacrifice.

Click to expand...

how in the hell did u keep your empty miles down that low

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