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heard a rumor.....

Discussion in 'Motor Carrier Questions - The Inside Scoop' started by Sabine in Mo, Nov 4, 2009.

Page 1 of 2
  1. Nov 4, 2009 #1
    Sabine in Mo

    Sabine in Mo Medium Load Member

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    May 11, 2006
    Fredericktown, MO
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    One of my truck driving friends says she talked to a couple of JB Hunt drivers, and they told her that JB is forcing everyone into Lease Purchase programs. Any truth to that?

    Same friend, different company, CR England. One of her friends got sent home, because they didn't have company trucks either, even though that's what she went there for. What is the scoop?

    I am just curious, I am not going to work there, my friend is reliable, but I don't know who she talked to, and I am skeptical.

    Thanks for your answers.
     
    Sabine in Mo, Nov 4, 2009
    Sabine in Mo, Nov 4, 2009
    #1
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  3. Nov 4, 2009 #2
    jtrnr1951

    jtrnr1951 Road Train Member

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    All rumors spread by truckers are always correct ! Driver, you know that.
     
    jtrnr1951, Nov 4, 2009
    jtrnr1951, Nov 4, 2009
    #2
  4. Nov 4, 2009 #3
    Sabine in Mo

    Sabine in Mo Medium Load Member

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    May 11, 2006
    Fredericktown, MO
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    You so funny.....

    I know how it is with rumors, that's why I'm asking here. This is my reliable friend, but I don't know how reliable her sources are. I am skeptical, she believes what she was told. So help us settle this please??? With whip cream, cherry and sprinkles on top please???
     
    Sabine in Mo, Nov 4, 2009
    Sabine in Mo, Nov 4, 2009
    #3
  5. Nov 4, 2009 #4
    L.B.

    L.B. Third Generation Truck Driver

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    I heard that same rumor 2-3 years ago. I doubt it's true.
     
    L.B., Nov 4, 2009
    L.B., Nov 4, 2009
    #4
  7. Nov 4, 2009 #5
    Sabine in Mo

    Sabine in Mo Medium Load Member

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    May 11, 2006
    Fredericktown, MO
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    I looked on each respective website, and did not see anything to that effect. But, at my companies website it still shows company driver info, but they will not hire anything but lease drivers, for the last 6 months or so.
     
    Sabine in Mo, Nov 4, 2009
    Sabine in Mo, Nov 4, 2009
    #5
  8. Nov 5, 2009 #6
    rockee

    rockee Road Train Member

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    Pacific Northwest
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    I heard the same rumor from a JB mechanic who was worried about his job because it would affect him. Lets see.
     
    rockee, Nov 5, 2009
    rockee, Nov 5, 2009
    #6
  9. Nov 5, 2009 #7
    Sabine in Mo

    Sabine in Mo Medium Load Member

    602
    410
    May 11, 2006
    Fredericktown, MO
    0
    Thanks for the answer, I just really figured someone may know, considering how big both these companies are.
     
    Sabine in Mo, Nov 5, 2009
    Sabine in Mo, Nov 5, 2009
    #7
  10. Nov 6, 2009 #8
    Ron M

    Ron M Light Load Member

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    Jan 2, 2009
    Central Oregon
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    I fueled at the Pilot in Brooks,OR last night, by May Trucking yard, they had 3 trucks and a sign about leasing with them.
     
    Ron M, Nov 6, 2009
    Ron M, Nov 6, 2009
    #8
  11. Nov 6, 2009 #9
    pjw044

    pjw044 Heavy Load Member

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    Jan 13, 2007
    Northern California-the land of fru
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    Yup, you can LEASE one of their trucks or lease on as an O/O...
     
    pjw044, Nov 6, 2009
    pjw044, Nov 6, 2009
    #9
  12. Nov 7, 2009 #10
    Cowpie1

    Cowpie1 Road Train Member

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    I think the closer perspective is that JB is trying to get as many of their drivers to do the lease purchase thing. They have that large group of company trucks, and used truck values are really low now. If they can get them out on lease purchase plans, they can get higher values. Just in listening to one of their ads on XM, I took out the calculator and figured even their oldest tractors, they are getting $42,000 at a minimum out of someone who does the lease. That is downright criminal. A similar truck on the open market is only worth mid 20's to low 30's.
     
    Cowpie1, Nov 7, 2009
    Cowpie1, Nov 7, 2009
    #10
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