Having your own authority, leasing on pros cons

Discussion in 'Ask An Owner Operator' started by kw600, Jan 29, 2013.

  1. twolane

    twolane Medium Load Member

    468
    252
    Dec 16, 2010
    Arizona
    0
    Either I am confused or you are.
    The "carry the fuel bills" means like a creditcard, a bill comes every week or month to you and they want paid NOW. By the time you get paid for that load you've already paid the fuel bill that hauled it 30 days ago. Now you've got a BIG bill that you have to pay and you ain't been paid yet. The fuels gone, the load is hauled & your waiting on money for hauling the load.

    The FSC is calculated by the Feds every week. It's designed to compensate for the national average price for fuel. It fluctuates with prices at the pump.
    It's YOUR money! No one, not a broker or company ought to get a dime of that! Last time I checked it was .51 cpm.

    Did this help or did I completely miss what you meant?
     
    kw600 Thanks this.
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  3. kw600

    kw600 Road Train Member

    1,172
    359
    Dec 9, 2011
    everywhere,usa
    0
    Got it now; its "bad" to have brokers know you "NEED" fuel money and ask for that up from. They give it to you upon pickup of load; and when its time to get paid they subtract what they gave you from the total rate you negotiated when first called..? Correct?
     
  4. twolane

    twolane Medium Load Member

    468
    252
    Dec 16, 2010
    Arizona
    0
    Yes!

    With my lease, I can get 200 bucks a week advance off my comdata card. I can buy fuel any time I want to, wether I'm under a load or not! If I wanna deadhead 1700 miles home,,,I fill the tanks and go home. That fuel cost will come out of my next settlement but at no time, will I have to write a check for fuel. A good lease will do alot for an o/o. A bad lease will putcha outa business.
     
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