Lease or Own Authority

Discussion in 'Ask An Owner Operator' started by Cplmjl1218, Jun 12, 2021.

  1. slow.rider

    slow.rider Road Train Member

    2,005
    4,740
    Apr 4, 2017
    NYC
    0
    I lease on to one of the top names. I figure it costs me about 10-15% over striking out on my own, but that much of that extra money would be spent in other ways anyway - higher insurance, extra paperwork, billing hassles, all that jazz.
    Also Mercer and USA Truck are top shelf. Schneider apparently has some new chicanery going on with their program. Not sure I'd include them in the upper echelon right now. Not without a bunch of digging, anyway.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

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

  3. Ridgeline

    Ridgeline Road Train Member

    20,732
    101,021
    Dec 18, 2011
    Michigan
    0
    How does this COST you money?
     
  4. nikmirbre

    nikmirbre Road Train Member

    5,057
    8,718
    Jul 27, 2011
    High Point NC
    0
    Hey can I have your insurers number? I just PM'ed you
     
    Big Road Skateboard Thanks this.
  5. Midwest Trucker

    Midwest Trucker Road Train Member

    5,771
    20,598
    Aug 31, 2018
    0
    Own authority. Be an independent.

    Why buy a truck to be on your own and then not go out on your own?
     
    Czar_Zero and shooter19802003 Thank this.
  6. Atlanta trucker

    Atlanta trucker Road Train Member

    1,550
    1,867
    Jan 25, 2017
    0
    Depends on what are you ?
    If your a truck driver I would say just lease on.
    If your a business person and a real good one then start your on business and the sky is the limit.
    This is called the TRUCKERS report forum.
     
  7. slow.rider

    slow.rider Road Train Member

    2,005
    4,740
    Apr 4, 2017
    NYC
    0
    Company gets 25%.
     
  8. Ridgeline

    Ridgeline Road Train Member

    20,732
    101,021
    Dec 18, 2011
    Michigan
    0
    Yeah, this is where I disagree with most with this mindset.

    that’s the thing that stops people from not failing, they don’t see it isn’t their money. It didn’t cost you anything, it is part of using the carrier system.

    I came to the conclusion that the money to the truck matters, it is the only thing that matters.

    they are providing you the opportunity, they are the owner of that load, be it through a load board or their customers.

    It is just like those who fail at landstar, they are like others with a huge amount of opportunities but people are talking about load boards, leaving 75% of the loads out. I don’t use their load board, i have one driver who insists on doing so and he has less revenue earnings than those who work the agent system.
     
  9. slow.rider

    slow.rider Road Train Member

    2,005
    4,740
    Apr 4, 2017
    NYC
    0
    Yeah that's kinda what I was getting at. The 25% only "costs" me like 10-15%, and most of that is money I'd have to spend elsewhere if I was independent. In other words, pretty much break even.
     
  10. Shanebklyn

    Shanebklyn Bobtail Member

    27
    36
    Mar 8, 2019
    Brooklyn
    0
    Just went through the same thing 20 years of driving but just keep searching and have patients I was quotes from progressive 60k I found a company called national independent trucker insurance I’m on board for 18500 unlimited miles 1 mil/110k I’m based out of Brooklyn New York
     
  11. FiveRiversFreightlinesLLC

    FiveRiversFreightlinesLLC Bobtail Member

    28
    21
    Feb 16, 2022
    0
    Hi
    Could you please send me your insurance agent’s contact info? That’s a great policy
    Thank you!
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

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