New Company Needs Your Help

Plan: 1. Pay drivers a flat fee of .31 cents per mile
2. Weekly Profit sharing mechanism where 95% of the profits are shared with the drivers.
3. Pay for meals, holidays, vacation
4. Pay TBD benefits (for laundry service?)



What kind of $/profit are you expecting to generate with 4 (10 to 12 year old) trucks ?

 

5% of profit is not a 5% return on your money invested. Good luck to you, but most truck drivers are going to want a simple set rate as the knowledge level, and even the intelligence level in this industry can be fairly low. I'm not saying it can't be done, just saying well qualified drivers will be very suspicious and not want to run old trucks either.

 

I myself would rather have an older non emissions truck in good repair.
As a Heavy Tow Truck operator, 90% of my roadside calls are for 2008 and up trucks.. I cannot tell you the last time i towed a 379 or a W900

 

Ok I have some experience with Landstar I think you might find helpful.
1) They do allow older trucks than most companies but they put heavy restrictions the older your truck is making it hard to keep it on with them.
2) All Landstar load are paid by the trip and not by the mile even if it says mileage pay on their load boards those are estimated mileage pay by and not practical miles
3) They pay you a % to you account the second you accept the load and they have 120 days to pay the rest; most pay within a week or two.
4) That amount that the load pays is the full amount in which the load pays from which Landstar receives a %, the broker receives a %, the trailer owner receives a %, and if you used a Landstar staff to help you find a load than Landstar takes a service fee as well.
5) But wait ask the broker about detention pay, who is loading and unloading this load, what happens if you don't make your appointment time. Most loads don't pay detention time so you could sit all day and not make a penny. Most loads do not pay or pay very little loading and unloading pay almost never will pay lumpers.
6) If you breakdown and will not be able to make the appointment time Landstar and/or the broker have the option of calling another truck or company to finish the load at your expense and they take back the money they already put in your account. Also the rate that the new truck charges can be a lot more than the original rate. I know this for fact cause it happened to me and my brother worked two years doing these what are called salvage loads and made I killing.

 

As would I, and I do. However, as a former employer, drivers want new trucks, and think 300,000 miles is too much and not worthy of them to drive.

 

Yes many want new or nothing , but yet some will jump ship for less $ for an old worn out beat to death LARGE CAR.

Ever wonder how the repair shops stayed in biz prior to 2008 as no TRUCKS supposedly ever broke down . But yet I have old invoices for towing / repairs on W900s / 379's

 

Hire owner ops. Get them good steady freight and let them work. Less expense for you and less headache. You should have to hold a grown man's hand.

 

What if you post no profits? Then a driver is stuck on .31 cents for the year? I wouldn'teven consider drving for that..it would cost you 52cpm to have me drive your truck and all benefits would be paid 100 percent by you,as well as ALL time spent doing other non-driving functions at 25 per hour...this includes a NO two hour free detetion time...I will never do anything, in the trucking indusrty for free for anybody..