U really do not want to go to work for PRIME...

thanks for your input just trying to make the right move read good and bad about both was following another tread been shut there was an ip work for prime and he was fired is that you

 

LOL Nope, not me that got fired. I'm heading for Prime training next week.
Looking forward to it, too!

 

Huh??? I got fired??? When was that???

Sure glad the payroll gal didn't hear about it!!!

 

Well just keep ya hidden somewhere til they forget...

 

Hide? HIDE? So now you wanna play hide and seek?

1. 2. 3. 4... yeah this joke just took a downfall.

 

First off lets get some real facts about Prime. From someone with more than 20 years experience. Lease operators are more likely to fail with Prime. They charge three times what other companies charge for their leases. They charge a monthly fee for the pre pass and a usage fee every time it goes off. The pre pass company charges a monthly fee of 14.99 for unlimited passes. They do not expect the driver to make a profit off each load he or she carries. Yet they do. In orientation they promise you an average of about 95 cents per mile. That is an average over a period of time not per load. They say that you make money following their advise. If you do not make money it is due to your own fault. Well yes and no. A bad dispatcher can make or break a driver. My husband worked for them years ago when they were a good company. Ask the drivers out in the field how much money they bring home after they are done with their taxes and all the fees that prime charges them for the lease. Bring home pay is the answer. They are known as the revolving door company on lease operators. Not to say that there are not some lease operators that succeed with them. But the majority do not. I understand that those who make it with Prime have good dispatchers. The majority are not so lucky. The majority of the Prime lease operators do not succeed. And they will tell you that they are only hiring lease operators to get you to do a lease. That is what they did to my husband this time. And we ran it like a business. Did not have any bills except storage and phone. Had money in the bank when we started. Had and ex IRS accountant go over our pay stubs and how we handled the business. We did not handle it wrongly we had a bad dispatcher giving us loads that did not pay. When we turned them down holly crap happened. When we took a home visit after six months it took us a month and a half to get out of the hole with Prime. And she said that Prime nickeled and dimed us to death on their charges for this and that. As well as some other things they did that we are going to be dealing with. The bottom line is when you pay all your fees, taxes, state, local and federal what are you left with? What is your true bring home pay? And if you are among the few that really make it with them that is wonderful. But do not condemn those that don't. The vast majority do not. You are among the few. That is primarily due to your dispatcher. Without good paying loads you would be among those that did not make it.

 

Prime charging 3 times as Boyd Bros? NOPE, the truck become worth triple the amount they paid for it when it's leased.

 

Who's Will?

 

I can understand where her frustration comes from. If you've never dealt with the kind of billing associated with a large retail store or franchise, then an itemized business statement is going to seem like being "nickle-dimed to death." Guess she never looks at an itemized cell phone statement.

PrePass has a monthly fee, and a per-instance fee for bypassed stations. It's nothing that Prime is charging beyond passing the costs along to the user. The question I'd like to ask her, is did they even bother reading the contract? All of the charges you are subject to is in the agreement... that they signed. And the so-called IRS accountant... was this person even familiar with the transportation industry?

With the current contracts, the minimum linehaul freight revenue is guaranteed at $1.02 per mile. That's a floor that's averaged over every 100,000 miles. If you make more than that, its passed on to you - 72% of the linehaul revenue. No one forces you to accept loads that pay less than your costs, and you're free to turn them down. I have, and have suffered no adverse consequences. Sometimes the cheap freight is the ONLY freight, and you loose less by taking it than absorbing your daily fixed costs.

I'll agree that if you get a "bad" dispatcher, you're going to suffer financially. It takes awhile to flush those guys out of the system, but eventually they go. They are paid a base plus commission - that's based on the overall success of all of their drivers. There's also "fines" for late loads, tickets, AND loosing drivers. It pays them to help make all of the drivers on the board successful. I don't see it as a "revolving door" outfit - granted there is more turnover than many smaller places, but there are many people there that I've known for years now.

As far as the fixed costs are concerned, the tractor payments are higher. They're also based on a three-year note rather than a five-year note that is common at many carriers. OTOH, maintenance is mostly covered under warranty. There's none of this maintenance escrow that is dinged for hundreds and thousands of dollars - outside of tires.

It doesn't work for anybody - but unlike Grandma Mag would like you to believe, it works for many.

 

I can understand where her frustration comes from. If you've never dealt with the kind of billing associated with a large retail store or franchise, then an itemized business statement is going to seem like being "nickle-dimed to death." Guess she never looks at an itemized cell phone statement.

PrePass has a monthly fee, and a per-instance fee for bypassed stations. It's nothing that Prime is charging beyond passing the costs along to the user.

With the current contracts, the minimum linehaul freight revenue is guaranteed at $1.02 per mile. That's a floor that's averaged over every 100,000 miles. If you make more than that, its passed on to you - 72% of the linehaul revenue. No one forces you to accept loads that pay less than your costs, and you're free to turn them down. I have, and have suffered no adverse consequences. Sometimes the cheap freight is the ONLY freight, and you loose less by taking it than absorbing your daily fixed costs.

I'll agree that if you get a "bad" dispatcher, you're going to suffer financially. It takes awhile to flush those guys out of the system, but eventually they go. They are paid a base plus commission - that's based on the overall success of all of their drivers. There's also "fines" for late loads, tickets, AND loosing drivers. It pays them to help make all of the drivers on the board successful. I don't see it as a "revolving door" outfit - granted there is more turnover than many smaller places, but there are many people there that I've known for years now.

As far as the fixed costs are concerned, the tractor payments are higher. They're also based on a three-year note rather than a five-year note that is common at many carriers. OTOH, maintenance is mostly covered under warranty. There's none of this maintenance escrow that is dinged for hundreds and thousands of dollars - outside of tires.

It doesn't work for everybody - but unlike Grandma Mag would like you to believe, it works for many.