Best company to lease my truck to

Discussion in 'Ask An Owner Operator' started by mpotts90, Oct 28, 2017.

  1. poppapump1332

    poppapump1332 Road Train Member

    2,987
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    Jan 2, 2010
    birdsboro,pa
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    30 years and your working for what 1.02-1.07 a mile
     
    Brettj3876, DSK333 and rollin coal Thank this.
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  3. Anthony Ruther

    Anthony Ruther Light Load Member

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    Nov 4, 2015
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    I get this crap all the time.

    I've got one team truck in our TLX making $1.31 per mile plus FSC which last week was $0.29.
    $1.60 per mile
    6138 miles (average for last year was 59XX - haven't looked at this year)
    deductions $103/wk. Free plate and quallcomm.

    my three trucks in LTL are getting closer to $1.55 after fuel - but they are all on dedicated and we all love it because we get miles and we NEVER ONCE sit at a customer or deal with lumpers. We pull into our terminal, drop, hook, and run back to the terminal we cam from. I dont even have to open doors! and my trailers rarely ever show more than 20k!

    I'll never understand why ya'll are so caught up n too good to run for anything less than a 2.00/mile. Doesn't consistency and reliability mean anything to ya'll? I've rand for $2.00 a mile and averaged 1600 miles a week. Yeah I could puff my chest out and call myself a cowboy but my cashflow sucked ballz, bout bankrupted myself.

    I've grown from just myself and my truck to having four trucks - with all but the brand new '19 completely paid off. All while running for faf - i even took a year off and ran containers back home in chicago.

    Believe me - they aint perfect, alot of things i'd do differently, but they've made me a ton of cash. tired of hearing how nobody can make it. Theres a couple groups of FAF IC's on Facebook where we all are happy as hell. I'm talking husband and wife teams, not sandal wearing freaks. Most IC's i know here buy a new truck every three #### years!

    some do better than me - but 98% dont.

    sorry for the rant.
     
  4. Anthony Ruther

    Anthony Ruther Light Load Member

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    Nov 4, 2015
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    No penalty, just a kicker on top of base rate
     
  5. rollin coal

    rollin coal Road Train Member

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    Mar 29, 2008
    TN
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    Running yourself into the ground for $1.60 a mile with all the miles you can handle sounds like hard work to me. $2 a mile on 1,600 miles is lousy you're exactly right. Even on 3,200 miles it''s hard work and low. It's not all about rate per mile but mostly what sort of revenue are you generating in a day. But all in averages and rates are good numbers to keep close tabs on and know. It's ok not everyone out here is cut out to find work with quality rates. That's why there are plenty of companies offering all the miles you can handle for $1.60 a mile.

    Honestly though on real miles does it even come close to that? I'd be surprised if by the time your drivers bobtail around Willy nilly or deadhead back and forth from home to work that in reality you are truthfully much closer to $1.30 all miles. You,may be the first but I've never yet met a driver paid on a flat mileage rate like that who actually kept up with every single odometer mile they ran and knew exactly what their truck was making per mile. They're only worried about getting as many 1,000 mile runs from dispatch as they can handle. And those dispatched miles are usually shorted by 5-10% if not more. But never mind that....
     
    easytopleez33 Thanks this.
  6. Anthony Ruther

    Anthony Ruther Light Load Member

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    Nov 4, 2015
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    They pay me actual miles unless i choose to go home on my own schedule.
     
  7. trucker680

    trucker680 Bobtail Member

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    Mar 14, 2019
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    Im a new owner operator Texas... Whom is the best company to lease my truck on ... Dry Van
     
  8. Ruckie

    Ruckie Road Train Member

    1,485
    1,029
    Nov 12, 2011
    Bloom field,nj
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    What area houston, Pasadena etc etc?
     
  9. CSmith37

    CSmith37 Bobtail Member

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    Feb 23, 2020
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    You could try companies like Frey Miller or JB Hunt O/O side is really good.
     
  10. freebirdnca

    freebirdnca Bobtail Member

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    Oct 30, 2018
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    I'm looking to get started with my own truck O/O but want to lease onto a company first. What are some of the best companies as far as pay, freight availability, etc. I was thinking schnieder, landstar, jb hunt, forward air, maybe some LTL. I also don't mind driver unload for higher pay. Looking at 2016 freightliner around $50k paid about half down
     
  11. Ruckie

    Ruckie Road Train Member

    1,485
    1,029
    Nov 12, 2011
    Bloom field,nj
    0
    Try lone mountain leasing so you will have a good repair fund they have some decent looking trucks and the whole economic instability can make the industry worse
     
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