How do the owner/operator lease-truck-back-to-company programs work?

I've read a lot of negative stuff about leasing trucks from trucking companies you drive for, but have read virtually nothing about buying a truck, then leasing it back to the company you drive for. Is this another form of owner/operator arrangement? It's my understanding that being an owner/operator commands more money per mile since you've committed to the additional expenses of truck ownership, but not necessarily getting lease payments from the trucking company along the way. What advantage is it for a trucking company to lease a driver's truck? About what percentage of drivers do this, and why don't more do it? Am I right that there are at least two forms of owner/operator arrangements, one involving the lease back, and one that doesn't? How many arrangements are there and why are they all needed?

 

Given all that you described...., are the following scenarios right or wrong, just to name a few of them?
Hypothetical "Ted" is thinking about becoming some form of an owner/operator and he's open to being dispatched by anyone, but needs to know their offerings and pay scale before he signs on the line. With each and every trucking company he 'researches,' he has to find out the following, and maybe more...before even considering benefits, how and where they operate, etc.

1. If I lease a truck from you, what are the payments and terms and how much do you pay me to drive it?
2. If I lease a truck from Trucker Leasing Co. and do your runs, but you have no need to sub-lease the truck from me, how much do you pay me to drive it?
3. If I lease a truck from Trucker Leasing Co. and do your runs, and you want to lease the very truck I'm also leasing, what are the lease terms you'll give me and how much will you pay me to drive it?
4. If I own a truck outright, but you don't lease it from me, how much will you pay me to drive it?
5. If I own a truck outright, and you lease it from me, how much lease money per month do I get, and how much will you pay me to drive it?

Just to name a few. Does Ted avoid all this mega-research, (using up his off-time for 6 months calling trucking companies), by first deciding what his relationship with his truck will be, how he wants to use or share it, then calling company recruiters and telling them what he has, what he'd like to do with it, and they give him a pay scale? It seems to me that looking into companies with so many variables yet to be determined would be overwhelming at least, and tick them off at worse cause they won't have time to play 'what if' games all day.

I'm starting to think that trucking companies who list the pay rates on their web sites (i.e. a penny more per mile for each year you work for them) are only showing the first page of the first chapter of the book entitled "Here Are Your Options."