JCT

Black! As long as they drink the crapola the recruiters and deck jockies in orientation sell them they will never understand that one simple truth! All they see is their name on the door or their initials on on the bumper in front of a number! They think they can pick and choose loads but do not understand that they are at the mercy of first their dispatcher who now has more work to do because a "owner" refused a load and the LP who also now has more work and then the boss who has to listen to 3 people whining instead of none if one had taken the load and made some money!

When it's your truck and not the company who holds the title then it isn't a business or your truck. It's a hope you make it to the end.

 

Actually my last post was not directed directly at you but all who are thinking that a lease is ever a smart move. Yes a few manage to wade through a lease but have a POS as a truck when done OR get towards the end and the "company" cuts down their miles and they have to bail or they get terminated for actually NOT making the required miles and for some reason that falls on the so called Owner Operator paying BFI to drive the truck and rely on BFI for the loads!

You can look at these as assaults on you but it's a darn good listing of why you are not "a real" business if leasing form ANY trucking company with a fleece plan and yes FLEECE is what they are!

Hopefully the 2 names I dropped in post #8 will give you an idea on what a GOOD leasing company is! Call them, visit them, read their web site and follow those instructions and requirements and you will have an actual lease plan that is a darn sight better than ANY of these ripoff lease plans from any or all of these BFI fleece program companies or your name in tiny letters on the sleeper or your initials in front of the truck number! It will be their names in the tiny print!

Just think, get your own authority, plates, insurance, trailer and join a fuel purchase plan along with the lease companies discount sales and see that these Fleece plans are not as cheap as they say it is!

Don't answer as it's a waste of your time. I don't care, as me, Black and most of us with a few years of experience know you will not listen because no one with the "It won't happen to me" attitude with L/P plans or "I know better" will just keep beating your head against the sky and get the same results.

It's called advice and experience speaking and it's free. What you do with it is your choice. You came in and voiced what happened to you and we answered. Thats life. If you sit a the table and food is put in front of you or cards are delt, what you do with the food or cards is up to you. We gave and give nothing but good advice most of the time as that's what we do and it's no skin off our nose.

Hopefully it sinks in and you figure out that leases are not made for you to win. Follow up and research how much you need to get that authority in your name and the other costs and do what you can to be your own "business" and not as a person paying a companies way thinking they are doing you a favor! Good Luck...

 

*snort!*

Ryder and Penske, eh? LMAO!

Penske was one of the reasons Celtic Carriers folded. Their lease payment was outrageous.

Question for the O/P: How many times were you sent loads that required you to run as a solo team? Just curious. Because I have seen it with those guys before.

 

This is only partially true. MOST businesses do not own most of their equipment. When I was an exec at a very large sub-prime REIT, I processed payments for capital lease items on a monthly basis. We bought equipment (chairs, computers, furniture, servers, copiers, etc), then did a capital lease on them with GE Capital and a few others. We would own the stuff for about a week at best, and GE Capital essentially took ownership before we even received the property.

Point is, most businesses are in hock. Doesn't mean they are not a business.

 

Sorry jarhead but that is comparing apples to oranges. All the equipment to actually get ahead and out from under BFIs is 1 tractor and 1 trailer of your own. The rest of this: chairs, computers, furniture, servers, copiers, etc . Well OK the only other things an O/O needs will be a cell phone, laptop and scanner/printer.

Lets not forget that before computers and modern technology we were able to run a small busness with paper, pen, paper maps, and land line telephones using a long distance device called an 800 number to cut those costs down and yeah a copy machine found mainly at truck stops and even at an office store. You can actually still operate on that platform if needed. But for the 1 truck operation all that excess crap is cheaper to buy outright than lease.

Now, if he has the skills he'll need a building like a barn or shed to do work on the truck and trailer but not to many rookies have the skill sets needed to do any work on anything bigger than a bicycle so I do not see them buying or leasing a lot of tools so he can screw up his truck. Besides most older drivers had those tools before they got a CDL as they might have had a mechanics job or a job requiring tools that could be used on a truck.

We can argue the "leasing" part and all the cute toys some think they need to run a 1 truck operation but that's a waste of time. Yeah the costs can be taken care of at tax time but thats a 1 time deal each year as most think they only need to file once a year until they see the fee for not filing quarterly.

OK, injun made a joke about those two actual leasing companies but having done "business" with both they are a darn sight better than all of the major bottom feeders out there! It's not some BS walk away or dollar at the end but an actual lease where when done you upgrade to another truck and you aren't at the mercy of BFI's wanna be dispatchers that when you say "I don't" will park your arse or cut your miles down!

With any reputable dealer or leasing company you spec the truck to YOUR specs not some stupid bundle deal that Freightliner sells (they ARE the biggest provider to the lease market) and you can get a trailer and then actually become a "business" by doing your own dispatching from brokers and going to where you really want to go and not have to say "I don't!"

Yeah if you're going to lease cut all the ######### BFIs out there and do it on your own. They are NOT doing you any favors! If the rate does NOT equal the miles or better then it's a freaking ripoff! If you are a REAL "business" you would see that and go look at another BETTER contract!

Anyone can "SAY" they are a business but when you look at who's name is on the side of the truck it's time to quit lying to yourself. If it walks like a duck, quacks like a duck and poops like one it more than likely is a duck!

I'll put it so some of the slower ones out there can see or understand:
If the miles are say 500 then the rate of pay should be NO LESS that $500 before the FSC but when anyone can be shown the contract with the shipper and see that the rate is more than double what you are being paid then who is really making the money on that deal? It's not you! Why? You pay the note, fuel, insurances,scales,tolls, tows, and repairs while this BFI that's doing you such a great favor "helping" makes MORE than you do BEFORE you threw the money at all those black holes!
Yeah you are not a business! Well, ok, you are! You're in the business of paying all these payments for the person who goes home every night to a really big house and laughs all the way to the bank! Drive by some of those ratehr large lease plan companies and stop and look at the two story buildings and big shops and maybe a large paved parking lot with all those shiny new trailers and maybe a fountain and wonder if you were making a fair rate how does a company build that temple to himself and pay the dispatchers, LP, CEOs, power bill, medical insurance for the office people but you are on your own the mechanics and on and on! Yeah, your business is to get bent like the OP!

 

It wasn't a joke.

 

Well guys, JCT now puts all its new drivers on E-logs. I have only been here 3 months. was rolling good till put on E-log. Now miles are down. Looking elsewere soon. I do not reccomend this Lease Company because of the E-logs keeping your miles down. Most likely, if you talk to a happy JCT driver, he is not on E-logs. They say in 6 months all drivers will be on E-log. has a lot freight but turning into another Ripp-off lease company. Yes they do treat you more like a company driver here and if you do not get a new truck, you may often break down and get low mpg/low revenue. Good luck and be adviced.

 

JCT now puts all its new drivers on E-logs. Yes that lowers the miles you can run. Got freight but now with that, lower your miles restriction, just another ripp-off Lease company driver position Once was a run all the miles you can Outlaw company. They also set the trucks to only run 68mph. owner operator yea Good Luck and be adviced. If you call and talk to them do not believe all the lies. Most lease truck companies break a drivers bank, and send them home broke. This was probly once a good Outlaw miles running company, but not now. Do not believe you will get that 3200 mile aweek check they show on website often on E-logs. You been warned many times, make your own choice

 

Jct now puts all new drivers on E-logs and restricts trucks to 68mph. No more high outlaw miles now. 3200 mile week on e-log like says on website Not likely often. Just another ripp-off lease company driver position with very high turn over. Most of those turn over people go home broke after driving JCT truck weeks for free. we have all been warned about lease companies. This one is no better.