Stepping Out With My Own Numbers

Thats a cool trick, things never break in a convenient place. Is being on your own a lot more of headache compared to being least to a company

 

Congrats on starting your venture. I am looking to do the same but in the flatbed division. I want to offer a chance for other O/O to less onto my authority. Do you believe that is a good idea?

 

Staying away from the factoring companies as much as you can is a good thing!!!!!! Plus now, most brokers have quickpay that is actually less than what most factoring companies charge. But being able to have the cash on hand to get through the first 60 days or so is by far the best way to run.

As for that detention, you got, IT SUCKS!!! When I send back a rate con, I always write on there my detention rate after the first 2 hours. I don't give 2 hours free, it's built into the rate I negotiate with a broker and before the broker sends over the rate con, he knows what my detention policy is. By the way, my detention rate starts at $20 per 1/4 hour rounded up to the next 1/4 hour. That puts my lowest detention rate at $80 per hour I sit. I expect to make a minimum $800/day on average while I am out here working.

Make sure when you are negotiating your rates with brokers you get your detention rate listed in there on each rate con. It'll save your ### later on down the road.

 

Do they ever deny the detention that you put on the rate con?

 

Nope, the rate con is a contract and will hold up in court or with their insurance bond

 

Thanks that good to know