Owner operators beware leasing on with mason dixon lines
Discussion in 'Report A BAD Trucking Company Here' started by uncle pete C16, Sep 20, 2011.
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True but just as bad, least it was for me. I was leased onto Cheetah part of GreatWide, largest paycheck was 400.00 only other paycheck I got was 200.00 and 0.00. Wonder why I lost my truck. -
sorry to hear about everyone's bad luck, I worked for them back in the 90's for a friend that leased a old truck that he just bought, and he did not have the xp to drive for them.
they had a local office at that time, and did alot of the short stuff for CT.
Working on % id did very good with them, was grossing 800-1000 a week, till
my friend got pissy about me doing local pick ups for them, and went into the office and showed his #####????? which i thought was good for him and me. paid 150 to the truck...was less than 80 miles only took 3 hours to load and drop back at the yard. I would keep 30 bucks and put the rest in fuel in the truck.
Keep in mind this was mid 90's and 10$ a hour was fine with me and it put alot of fuel in the truck, made alot of good will with the guy's at the office, always had good loads out of there , and they were always good to me,
It was not every week, but when i was in town on my day's off.
The next week after his fit, i sat in rock wall Tx for five days, everything i found was already booked, it was all down hill from there till i gave up. -
What is "to the truck"? If you make $200,000 "to the truck," how much do you actually make for yourself?
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When someone says "to the truck", it means what is left after the carrier to whom they are leased, gets their cut and before any expenses. Most carriers take 25% off the top when you own the truck and trailer. I won't talk about the fsc in this example. If a load pays $1,000 then the carrier takes $250 and the owner of the truck receives $750 to the truck. If you add the fsc, then that is also considered "to the truck" money. The owner then must pay all expenses associated with running his equipment, such as equipment payments, maintenance, fuel, permits, etc., "To the truck" is not NET or profit to the truck, but the gross amount paid to his after the carrier gets their cut.
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