6 months experience next month (looking to lease on)...

I think there is something wrong with your math. You say you want to average 6000 miles per week, but only spent $500.00 on fuel. If we assume an average of 6mpg that would be a 1000gal of fuel per week at $4.00 plus. That will be over $4000.00 per week in fuel not $500.00. Also you might want to at least use $ 500.00 per week for your lease payment.

If you want a good idea on leasing a truck through a company check out PSUMoose on the Central Refrigerated Thread. He is a lease operator and trainer. He shows his numbers and miles with CRS. That might give you a little more realistic view of what you want to do. There are several other lease operators posting in those threads as well and you could probably find some answers and pick their brains as well.

 

After talking to the head of the o/o division he told me you don't have to cover up the numbers. What happens is you will rum under Roehls authority and pay a $30/day rental fee to use their trailer for the time the load is on the trailer.

You get the brokers contact info and call roehl's sales dept with it. They will do a credit check on the broker and tell you if the broker has a good credit score or not. After that then roehl handles the info with the broker and sends you all the info on the load. You get the rate that you negotiated with the broker plus fsc.

All roehl takes out of it is the trailer rental fee.


And yes I guess you would be paying their truck payment. Only reason I thought different is roehl pays for their equipment out right, no loans or anything like that. So the trucks paid for, your just buying it from roehl.

The purchase price on my truck was $113k from the dealer. That number comes from the international dealer I called in Wisconsin that deals with Roehl. Its normally $130k but Roehl gets fleet discounts of course.

If I were to buy the truck I'm in now at 57k miles from roehl it would cost a total of $97k after interest is added. That's on a 36 month lease. Insurance for me would be $95/week.


Ethan

 

..... Wow.... Please don't believe this either.... Roehl is just like any other company and they are not going to allow you to run under their authority and only charge you $30 trailer rental and GIVE you a fsc ....smh .... Somewhere in there if this is pratice is even allowed they are going to take between 25% - 35% of that load. You may be misunderstanding what this man is telling you or he is just not being honest...if this is the case a I would come over lease a brand new truck, get a huge discount on insurance, fuel tax, fuel, have someone do my invoicing, and run the exact same freight I run now without any responsibility and have a brand new truck paid off in 3 years...hell sign me up I will suspend my authority bring my truck over hire a driver and go to work tomorrow. I guarntee this is not how that program works, something is getting lost in translation

 

I'm just passing along what I was told. Mist likely they do take a %.

I'm just saying that this whole option is available so you don't stop running. You can keep getting miles. That way there's no "they starve your miles at the end of the lease" crap.



Ethan

 

I was pulling for a company by the of Varon trucking.. and numbers changed and drop and just wasnt working out for me no more.
now i wanna jump in another company asap because i am just sitting with no loads.
i will look up schneider and se ewhat they offer? what do you know about them?

 

Nobody will read this because it's the truth.
An 87% failure rate speaks for itself.
Leasing a truck is a dead end.

 

I believe 110%. Idk what Roehl's success rate is but I know it gets counted against when someone turns their truck in before the lease is up. My trainer turned his in because he had to get a local job. Unfortunately it counts toward the failure rate for the company. Mine would have to because I wouldn't have leased my truck in the hopes of buying it. One of my business plans included turning the truck in at the end of the lease instead of buying it.

Ethan

 

I work for them now what do you want to know

 

You talk about Arrow Trucking like they are some God of the trucking industry. Do you really know the history of Arrow Trucking? About how they laid off their entire fleet without any warning? How the only way the drivers knew they no longer had a job was because their fuel cards were shut off? http://www.csmonitor.com/Business/2009/1222/Arrow-Trucking-Is-this-any-way-to-lay-off-workers

#1: Depends whether or not your truck has an apu. If it does great! But if it doesn't, knock that 7.7mpg down to around 6mpg's. My 1st truck had an apu, so the only time I idled was when the temp was going to be below 0°. My 2nd truck did not have an apu. My idle time varied depending on the time of year and the State I was in. You have to be comfortable, and there is no getting around that. If you're stuck in Laredo in the middle of July, you're going to idle the truck.

#2: That was including their "awesome" rebates. Some states have diesel for $3.83/gal. Others are up to around $4.65/gal. $4.13/gal is the National average this week. As a lease operator, you will want get to know that number. BTW, that awesome fuel rebate is $.05cpg.

#3: 7.7mpg's is very very good. And you are correct about drivers paying .01cpg. I know 2 drivers that the company was paying them for fuel. But they aren't averaging anywhere close to 11mpg's One of their mpg's was like a 9.3 average. They also drive 52mph everywhere, so there goes that 3000 miles/wk theory. Let me put it this way: You are never going to see 11mpg's unless you are going downhill bobtail.

#4: Because #### happens. There are many God fearing folk out there that have had bad things happen to them. It's all part of the game of life, and no amount of praying is going to stop it. A truck is just a piece of mechanical equipment. Mechanical things wear out and break down...especially when they are used like they for OTR driving. As a lease operator, you need to prepare for the worst and hope for the best.

Well how ####y of you. Just Thanks.

You have 6mos. experience. Who are you going to work for that is going to allow an inexperienced(both in driving and otr driving) driver train? You'd be lucky to get hired on with any otr company that wouldn't make you go through a cdl school or something First.

You mean this Henderson Trucking? http://www.thetruckersreport.com/tr...59702-earl-l-henderson-trucking-salem-il.html The Henderson trucking that makes you work for them for 6 mos before they even offer you a lease? BTW, you have to have a year experience to get on with them.
Also, Panther is all o/o, but I'm sure you knew that already. Do you even know what the expedited field is like? Like how you get between 1500-2000/wk? And how you sit on your rear for 2 days and then run like a scalded dog for a day? So much for all those miracle mpg's when you gotta run 70+mph to get your load delivered on time.

Would you like me to post a few of my old statements to show you how you're full of it? Good luck on the recruiting end. Let us know if you even recruit 1. Why should I change my way of thinking? I will never ever lease from a company again. I learned my lesson.

This is like watching a train wreck. It hurts to watch, and you cringe at the noise...but somehow you just can't look away.