Leasing at Prime

Discussion in 'Prime' started by ironpony, Jun 25, 2012.

  1. JimmyBones

    JimmyBones Heavy Load Member

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    Baxley, GA
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    Thank you, that helps clarify things a bit. I was really looking for what you were able to set aside after expenses, and with paying your own salary, so I am feeling a bit more optimistic about the whole thing.

    And forget the Pete's. I want a Coronado or a LoneStar. :p
     
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  3. ironpony

    ironpony Road Train Member

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    Check the numbers for those models at mygauges.com - I don't think they are a whole lot better than the "hoods." They're great looking trucks, but expensive to operate. Then read the threads of guys running 379's always whining about rates being too low. I'd say it's more that their fuel bill is too high.
     
    jomar68 Thanks this.
  4. JimmyBones

    JimmyBones Heavy Load Member

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    Baxley, GA
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    I was teasing, really. I mostly just like the sleeper setups. The outer styling is irrelevant to me. I'm happy with a Cascadia condo.
     
  5. duhduh

    duhduh Light Load Member

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    Dec 11, 2012
    Western Missouri
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    Iron Pony you are my mentor. Didn't know that did ya. Put your handle on my app. for the referelllllll. You deserve it, Just got the keys to 14 cascadia. Can we exchange text? Make sure you get your taste.
     
  6. ironpony

    ironpony Road Train Member

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    Well, I don't take referral bonuses in general. Good luck to ya... you're welcome to PM me here any time.
     
  7. sir duke

    sir duke Bobtail Member

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    Apr 28, 2013
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    do prime lease operators get to see the shipper/ broker contracts so there is no question that they are getting there full percent (70% ? )
    when the contracted loads are broken down dollars per mile what is the average price being negotiated by prime?
    produce vs meat vs dry goods ect.
    do the lease operators get to use the prime load board to chose the own loads?
    this prime thread is very intriguing I am currently trying to decide to run under my own authority but after browsing this thread I might just bobtail it down to Missouri and have prime "show me"
     
  8. ironpony

    ironpony Road Train Member

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    It's 72%. You get a summary copy of the freight bills attached to your settlement every week, but by law, you are entitled to see the original freight bill at the company's primary terminal.

    We really don't go by dollars per mile, and it depends on many variables. That includes which board you're on, your driver rating, where you happen to be, dumb luck, whether you're a total slacker or a go-getter... this being said, my average over the last three years for all dispatched miles empty and loaded is $1.73 per mile.

    We pull food primarily, and it depends on the season. If all that is available is dry loads, then you get that. We pull hazmat as well... nothing particularily nasty.

    No. We rely on our fleet managers to get us the best load at the time we pop up to the top of the empty queue. You have the right to refuse any load, but you go down to the bottom of the local empty list. Keeps guys from cherry-picking loads.

    Good luck!
     
    sir duke Thanks this.
  9. sir duke

    sir duke Bobtail Member

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    I don't quite understand the driver rating being associated to the dollars per mile on the loads or the different dispatcher boards .
    correct me if I am wrong . I would assume prime negotiates a load with lets say kraft to pick up in iowa city going to Newark for $2700
    . prime shows u the agreement between prime and shipper (kraft) and then shows u your %72 ($1944)
    then weather they show you the miles or not your going to need to know them any way for the purpose of trip planning
    so lets say iowa city to Newark is 900 miles now you know the load is worth $ 3.00
    I would believe all the negotiations between prime and shipper are completed before it gets to a dispatch board. so are you saying that the rate of the load is changed depending on the rating of the driver or the board the load is on?
    I hope I am not getting to personal but would you object to telling me what do you think your average cost per mile is to run( ball park figure) I know every load is different depending on tolls reefer fuel washout ect
     
  10. ironpony

    ironpony Road Train Member

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    $1.22 per mile. It goes down a bit over the course of the lease because of a diminishing truck payment. That's with an '09 Cascadia.

    The driver rating and board assignment goes back to the selection of freight that you have access to... the most sensitive accounts don't get assigned to some loser who manages to be late 95% of the time. Same with the board assignments... the newest FM does not get into the best freight until he has a bit of a track record.
     
    styenchko and sir duke Thank this.
  11. styenchko

    styenchko Bobtail Member

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    May 9, 2013
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    I appreciate the baseline operating statement. Q: does that include the $0.045 /mile charge that Success Leasing tacks on?
     
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