Employee Drivers vs. Leased O/O

for me company driver is better, o/o too much to worry about

 

There are different setups with different carriers... I have leased on with M/C's that provided plates, in house insurance, IFTA, etc (but the pay, ultimately sux), and I have done an M/C that required me to have all my own stuff except insurance.. NOW, I'm on my own authority... more risky when it comes to breakdowns, etc, but I have excellent credit and the lack of safety net doesn't concern me as much... Also, I have OOIDA insurance with breakdown coverage...

Depending on how much VERIFIABLE OTR experience you have will determine which carriers will lease you on... My personal opinion is to avoid the $x.xx per mile + FSC type of M/C's... I've never encountered anyone who was able to make more than about $1.50 per loaded mile... I run my truck for an average of $2.25 per mile... Just my opinion, though... I'm sure plenty of folks will differ.

 

Tags, IFTA and permits can be purchased thru company you lease to and they will take so much out of your check each week until paid. You have the option to purchase insurance thru them also. Some companies if not all require you to have workers comp on yourself. It also can be purchased thru company. Inspections are done by their shop or associate some companies will pay for them. It all depends on the company you plan on leasing to.

 

If you lease to a company and start refusing loads you can be bumped to bottom of list. Accounting you can find a good tax preparer you do not know about them but make sure they know about the trucking industry.

 

If you're leased to a company and face any shenanigans or retaliation for refusing loads you're at a lousy company. That is forced dispatch and if they're doing it they ought to be paying your employment taxes per the IRS. But by hook or crook they get away with it. Real companies to be leased on at could care less what you accept or refuse. They're few and far between but the only ones worth leasing on at for sure.

Sent from my droid using Tapatalk 2

 

Yep! Rollin Coal has the right of it... the reason I'm on my own authority is due to the same issues of "non" forced dispatch or paying the price, etc... also, there is an inherent conflict of interest between an M/C and an Op... if a carrier is on a percentage basis, they look for the "high dollar" loads without much care for what it does to the truck... as an example, the M/C will push for a $5000 linehaul that nets THEM 10% ($500), but, due to routes, weights, stops, etc, will cost the truck $3500 in fuel and take six days to complete... soooo... the truck, after FUEL, makes a whopping $165 per day of work... the Op would be looking at a $3000 linehaul that only takes 2 days and $1000 of fuel... the truck makes $800 per day after fuel, but the M/C only made $300... AND has to look for ANOTHER load WAY too soon... NOW, all that having been said, my son is my "M/C" on paper, and is learning from ME how to treat an O/O properly... if you're interested in being treated as if you had your own authority, but having a staffed "back office," let me know, and we can discuss signing you on.

 

Are you asking about true O/O's leased to carriers or L/O's? There's a big difference. An L/O is NOT an O/O

 

L/O is a bad deal
with transam takes 1600 miles to break even
so last week with 1979 miles 3 days HT got a check for $197
company driver would have got $.30 x 1979 = $594
so you tell me
plus no benefits

 

See ... depends on the company ... two weeks ago I got 1949 miles and got a check for $760. Short week, 5 days ... next week, 9 days, 4100 miles and a check for $2700.