Warning all leased O/O

Discussion in 'Ask An Owner Operator' started by PoleCrusher, Jun 8, 2021.

  1. jason6541

    jason6541 Road Train Member

    2,425
    5,356
    Mar 5, 2012
    Omaha, NE
    0

    Well we were warned by the founding fathers that the only way this country would fail was from within. Depending on a persons perception it may have already fell.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. kitcarguy

    kitcarguy Light Load Member

    110
    127
    Mar 18, 2021
    0

    Seems you should ve running as an scorp anyway just for the tax savings. And let me ask this. If xyz company has 2000 company drivers, if flush with cash, and also has 1000 owner ops because they have way more loads then their drivers can handle is that work still an integral part of their business ?
     
    PoleCrusher Thanks this.
  4. TallJoe

    TallJoe Road Train Member

    7,490
    16,266
    Apr 12, 2016
    Chicagoland
    0
    Deleted. Off topic.
     
    Last edited: Jun 10, 2021
  5. feldsforever

    feldsforever Road Train Member

    1,453
    1,440
    Nov 22, 2019
    0
    This is true, but if deadlines and do dates are not meet. The extra work can be re sub contracted out.
     
  6. slow.rider

    slow.rider Road Train Member

    2,005
    4,740
    Apr 4, 2017
    NYC
    0
    Noam Chomsky says almost the exact same thing: we don't have two competing parties, but rather one party - the big business party - with two factions which have differing ideas on how to best serve that master. He notes that when viewed this way, this big business party has even more control of Congress than the Communist party had over the Soviet Politburo.

    This begs the question: Where does big business stand on this legislation? Assuming that the smallest big business is way bigger than the biggest trucking company, of course....
     
    Last edited: Jun 10, 2021
  7. slow.rider

    slow.rider Road Train Member

    2,005
    4,740
    Apr 4, 2017
    NYC
    0
    Most of those don't have much if anything to do with socialism or marxism though. Venezuela had its problems long before the socialists came along, and the Roman Empire died thousands of years before socialism was even invented.

    We are most closely following the path of the western Roman Empire though. The state lost it's ability to administer itself while mega-rich estate owners who paid no taxes dismantled public monuments, hauled off the pieces and used them to decorate their own mansions.

    They're not literally plundering monuments here yet, but they are paying little to no taxes while the roads crumble and the treasury empties. And what is our legislature doing? Tossing a little extra bread to the masses....
     
    Last edited: Jun 10, 2021
    Speed_Drums, lynchy and jason6541 Thank this.
  8. slow.rider

    slow.rider Road Train Member

    2,005
    4,740
    Apr 4, 2017
    NYC
    0
    How about this: instead of Landstar paying drivers 65%, they instead pay out 100% minus a fee for access to their agent network and authority?

    Maybe they'd have to sell off their trailers to not be considered a trucking company. Could be sold to a wholly owned subsidiary which leases them out to Landstar drivers for a nominal fee....

    Could still be a lot of grey area for a motivated legal department to work with.
     
    Last edited: Jun 10, 2021
  9. Brandonpdx

    Brandonpdx Road Train Member

    4,099
    3,859
    Dec 27, 2007
    Elkhart, IN
    0
    The price of just the insurance would be enough to kill that for many. Plus they now need a trailer if they don't already have one. Not everybody who leases a power unit onto a carrier would have the startup or operating capital to pull that off if for some reason lease operating was done away with. If the only two choices to drive a truck were W2 company driver and independent owner-op, there would be a lot of deals of used equipment and a lot of drivers looking for jobs I would guess lol.
     
  10. Rubber duck kw

    Rubber duck kw Road Train Member

    6,084
    17,657
    Dec 9, 2017
    0
    Lease the trailers to the shipper or receiver and list loads as power only. That's how I'd try going around that obstacle, it'd be hell of a mess paperwork wise.
     
    PoleCrusher and slow.rider Thank this.
  11. slow.rider

    slow.rider Road Train Member

    2,005
    4,740
    Apr 4, 2017
    NYC
    0
    Here's a question. I know of a company has a trucking authority owner ops can lease on to, plus it sells dispatch service off public boards. It doesn't have any freight contracts nor any trucks or trailers. Owner ops can lease the authority, the dispatcher, or both. That's all they do.

    Does this company meet the definition of a trucking company?
     
    PoleCrusher Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.