Good Company To Lease To w/ Own Truck in the MidWest?

Call MCT Sioux Falls SD. Mostly reefer, some van. 99% O/O, the few company trucks just run local.

 

Pull a hopper part-time and just interested in what they are paying in your area. Non-harvest here the best I have been seeing on OTR loads in the $1.70/mile range. Can't make a living at those rates.

 

only a good company if you pull flats or step deck!!

 

Thought I would quote BigJohn54's post as a useful reference for some numbers (in bold print) since I've been leased on with BigBadBill's company the past 3 weeks.

I came from a mileage lease. A company I had been with for 11 years, the last 2 as a contractor. 90 cpm empty no surcharge, .95 cpm loaded + surcharge my last week on that job 5 weeks ago surcharge was .445 so $1.395 loaded. Paid on practical miles. My empty mileage at 90 cpm was ty5pically about 10% a week. There were also a minimum 60 up to 200 even 300 a few times, unpaid deadhead miles I would eat from week to week just to go home.

These numbers are from the very first load I picked up in IL to where I'm at in MI right now. These are actual odometer miles (not phony HHMG, zip code, or "practical") minus the 491 miles I bobtailed up from home to lease on with his company, that was a one time thing, a cost of doing business.. Also, I still have $1157 gross on my homebound load that delivers monday morning, which beats the cutoff so it will be on this settlement, but I left it off since I have to fuel one more time...

6045 odometer miles in 3 weeks running.

$10,752.25 gross pay to my truck after Bill's 11% cut.

after fuel, insurance, and trailer rental

$7,044.81 net to my bank account.

5.87 mpg running average, an improvement for me.

$1.78 a mile was my average.

$1.165 a mile on the net.


I left the fuel discount off these numbers since I dont know how much that is going to be on this week yet. I still get the same discount I got at the old gig, the same discount the mega carriers get.. imagine that with a 2 truck outfit... I don't think I could have done anywhere near this well going to Landstar until I at least learned their system and built relationships with agents. That takes time, which with a million mile truck, I dont really have that luxury. I'm so glad I went with my instinct and signed on with Bill's company.

My old job I was lucky to average 5.5 mpg hauling one 77K+ load after another at say $3.559 a gallon (to be generous) running a typical 9,000 paid dispatched miles on 3 weeks rolling (lets be generous again and forget OOR miles here). That's $5822.52 in fuel cost (leaving off the typical hypothetical fuel discount, same as above for fairness) I'll be generous once again and say I had a good week with only 4% unloaded miles @ 90 cpm or 360 empty miles x 90 = $324.00 then 8640 miles x $1.395 = $12,052.80 gross minus the weekly $64.58 insurance/misc fees.

9000 miles

$12,052.80 gross

-$193.74 insurance/misc

-$5,822.52 fuel

$6,036.54 to my checking account

$1.339 a mile gross

$0.67 cpm to my checking account

Remember, I was generous and left plenty of OOR miles off this last tally. I figure I was lucky to clear anywhere from 50-55 CPM in reality. I crunched the numbers on that a long time ago and it made me so mad I decided to never do it again and from that point on was intent on making a change to improve my situation. I have an older truck and my overhead was very high the first year I had it. Regardless, even if I had a wonder truck that never broke those numbers are pathetic and I was slowly but surely going broke, with a truck I own free and clear... imagine that.. and it only gets better from here on out. I plan on not factoring after a few weeks and getting 92% of what the loads pay. I will also be the proud owner of a 53' dry van trailer which I plan on parking sometime next summer and hooking to a flat, for the real money (I'll use the dry van when the rates are good or to cover his contract loads) which I also plan on owning. Once I own the van my net will go up $125 every week. In a year where I take several weeks off just for fun that will amount to an extra $5,500 annually on the bottom line.... And Bill wont be mad at me if I decide at some point in the distant future to get my own authority. But that's way off in the future. I have so much to learn about the business for now. I would never have had this opportunity at the old carrier, I was just extra capacity there...

 

we get paid by the mile....loaded and empty....1.479 a mile lately, depends on fuel surcharge....
we get BIG fuel discounts at the major truckstops that helps alot....
not big on posting my paychecks, but im very very happy with my paychecks....
im the only source of income in my household and we live great...not like kings but we dont do without...

 

Thanks. Better than most mileage programs but they have the benefit of getting paid RT on most loads. And more interested in what the per mile rate is. Was hoping you got percentage so I could get an idea what the rate from the customer was. As mentioned, during off-season the rates are low but also haven't made a big effort to get more direct business.

I will say it is a lot like flatbed. Most customers are pleasent to deal with.

 

Bill, are you still looking for guys?....or girls to be p/c

 

If you are interested check out American Transport Inc or Greentree, Marathon, Aetna. These are all companies run under Transport Investments. I personally pull for ATI and work with its agents but its load board has loads from all of the companies. This is all o/o and endorsed by the OOIDA, not many companys have that. You give up 25% of the gross and I dont really like bragging about the numbers but my lowest months gross was about 16000 (not including fuel surcharge). They are tough to get into , American Transport requires 3 years exp one of which has to be in flatbed. The website is www.transportinvestments.com

 

what is bills company,got a contact or number

 

Those were numbers back when I first started - crazy how far it's come in a little over a year. Contact me via email Chris(AT)Farm2Fleet.com I'll give you Bill's number..