Why you can not compete with big carriers

As a self-described "company smuck" remind me again how trucks or pieces of real estate you've bought again? Go back and re-read my post four or five times. Maybe you'll finally get it. Successful mega carriers putting up company owned real estate to buy equipment is ludicrous. It's completely idiotic to anyone who actually understands this industry or even basic financing. They would have a lien placed on receivables to get a loan long before that, but only if the were a very poor credit risk.

It always amazes me that someone thinks they know something just because they post a million post up here (roadtrain or whatever). As if a million posts is some sort of refined skill or that it indicates a clear understanding of the industry. Clearly not.

 

You’re ignoring the part where it’s two separate companies. Do you not think that Lone Mountain or any other leasing company depreciates their asset? And doesn’t the person leasing that asset get to deduct their lease payments? It’s the exact same thing he’s talking about. Two companies. Sort of like how Swift has Interstate Equipment Leasing and that’s where they get their trucks through.

 

Why don't you read through the financial fillings for the last 5 years, then come talk to me.

 

What kind of insurance are you even talking about?There is no one running there own authority or any company paying liability and cargo insurance on a monthly basis.nor do you pay for insurance on the back end you pay up front for example when you buy a car you buy insurance b4 you drive it not a month after you drive it.Again you at best you must be leased to some company.

 

I don’t know what the point is here.This is the point of a earlier post I made any company of the size you’re talking about is a self insured company so yeah 10,000 to 10,001 doesn’t cost them anything.unless you can give the exact number of trucks when insurance drops per truck if you’re not self insured then I will know what you’re talking about.I don’t believe for a second a company that isn’t self insured pays $200 a year per truck after a certain amount of trucks as someone here stated.

 

Could fill a book with what you don't know. You are paying per mile at the end of each month for the miles driven, not per truck.
10 trucks @ 10K miles @ .02/mile. 100K miles=$2K If only 9 trucks run 90K miles, you pay $1800. Pretty easy to understand for most people.
I'm not leased to anyone, my company with O/O's and company trucks. My insurance has been like this for over 20 years.

 

Don’t care what you think I know you’re not any company executive on insurance that’s up this time of morning yaking on a chat line.Your also not paying only $2000 a year per truck for liability insurance

 

One more thing you don't know. I prefer to come in @ 0300 and leave @ 1100. Have 4 hours of quiet time. There are some here that know my company, some here drivers and O/O's. If you would like to put up enough money you can come to my office and see what i pay. Just because you have no credit and have to pay a large insurance payment doesn't mean everybody does.

 

Yeah bla bla you’re leased to someone sounds like New line transport where they’re charging you the 2 cents a mile thats doesn’t represent the total.$2000 a year for liability insurance for a tractor trailer please my car insurance a year is almost that.I guess the local trucks are paying $300 a year you’re hilarious.or $10 a month tell the one about the cow jumping the moon .my credit why are you trying to claim that I own my authority your claiming your shift is 3am to 11 that sounds like a billing clerk job for a LTL company.do you even own a truck.

 

CSTLines.com. Why don't you e-mail me and see? That would make you look like a real idiot though, wouldn't it?