Prime and O&S

The O&S guys are getting more than the WilTrans guys, no speculation there, its in the court documents. And all I can say is access to freight must be a very valuable commodity which isn't really a good sign if you ask me. Is it so difficult to find freight that you have to go to this length to get a few contracts? You can't just let the guy go out of business and scoop up the contracts? The competition is that fierce? If so, what does that say about the forecast for freight prices in the foreseeable future?

There's more to this deal than meets the eye, and I'm making it my job to find out what it is.

 

Freight rates? They aren't going to come down in the foreseeable future. The shakeout of the industry over the last few years, decrease in availability of used tractors and lack of manufacturing capacity at the truck OEMs pretty much guarantee that. By stepping into shipper situations like this, it guarantees that we go to the head of the line without having to cut rates to get there. Yup, competition has ALWAYS been that fierce in transportation. Why do you think railroads go to the extent of funding the anti-trucking safety lobby?

You've been to Hazleton PA... notice the name on the side of the yard dawg's tractor? We got that situation from TRW without having to go through a bidding war to get that, and direct access to all of the freight that comes out of there. Our "competitors" come to our brokerage to get what freight we can't cover out of that location. You and I are direct beneficiaries of that kind of policy.

 

We need to take over another flatbed company then lol Get rid of the stupid P series trailers....

 

O&S and WilTrans both lease their trucks to Prime's Logistics program for a percentage, O&S does NOT receive a higher percentage, O&S is a mileage based lease program, WilTrans is a straight percentage based lease program. two very different things. don't make it a mystery, Prime is happy to make a percentage off of any safe, professional operator regardless whether he shows up on a bus, pulls on the lot with his own truck or brings 125 trucks in due to a bankruptcy.

 

Cant say i blame them either.

 

You may be right, I really can't say. I just got the information from schedule 1 of the court documents. O&S gets 80% of the line haul revenue and I thought that was more than WilTrans was getting. There was no mention of any mileage based lease program. I did notice that O&S gets a 3% broker fee for all loads brought to Prime for the first year. 2% in year two, 1% in year three, and no fee's after that.

 

Yeah Rusty, you call us dopes ? Then why is it the very 1st prime trlr I picked up was dropped 1in lower than my tires with the bags fully deflated ? Same trailer had the left mudflap hanging by one bolt and the brace bent down and in..hmmm..you do know what that means right ? We'll since you got so many things wrong about O&S, I'll tell ya..it means the jerk who "slammed" a trailer to the ground also backed up over a curb or ran up a set of dock ramps stupidly, then left thier garbage "trucker skill" mess for someone else to fix..in all my time at O&S the biggest issue I'd run into is a trlr dropped to high..As far as talking trash about Jim, walk a mile in his shoes before shooting off your mouth..oh, btw, that trailer was yesterday, today I was almost sideswiped by a prime driver north of KC..the only positive thing I've come across so far in this mess is the office ppl at prime..but they aren't the ppl who give prime a bad name..the drivers do..prime, in the last 24 months has been involved in 14 fatality accidents and 173 injury accidents..those totals aren't the number of ppl..that's just the number of accidents..so in the very least, the first 7 months each of the last 2 years someone has died in an accident with a prime truck involved..over 28 ppl injured each month for the first 7 months each of the past 2 years, with a ptime truck involved..and as someone already stated, O&S drivers get mileage, the 80% goes to the company, the mileage is paid from that..Rusty, you really shouldn't call ppl dopes, you just might find one in the mirror..

 

Welcome to the prime thread, Panama. Not sure about rusty, but I hope you join our threads in a more positive light. Come on over to the 20 thread & share your transition experience.

Again, welcome.

 

Thank you SiL..I need some sleep..I'm sure I'll have more positive input than the last post..but the trlr n the driver that almost pushed me off I 435, didn't leave me much to sing praises about..Jim O'Neal is a standup guy n he didn't "run his company into the ground" nor is he a dope.. There is much more to the story than gleaning from court documents n articles online.. But I really shouldn't have been so hard on Rusty, considering his knowledge base, I should have just ignored the spouting off of anyone who seems to enjoy slamming others for no reason..I'm sure the transition will go well, in spite of things that shouldn't be said or inferred..

 

We have our share of low-time boneheads. Prime trains new drivers - so its going to reflect. On the whole, if you look at the larger reefer outfits that do train, Prime is one of the safest. So welcome, and understand that not all of us are bad drivers.