Roadrunner transport

Which is the reason I let them go ... after I logged all my expenses, copied everything and sent it to ATBS, all I got back was a regurgitation of the same data I already had. Six week after I already had it.

Come tax time I already had all the information.No need to pay someone to do the data entry into tax software, I can do it myself in about an hour.

The nail in the coffin was when they wanted me to send in 25% of my net on quarterly taxes. With the same numbers it was obvious I was tracking on an effective rate of less then 10%.

 

I'm about saving every penny I can, especially if I can do it myself. Every business is out to make as much money as they possibly can. If they can get over on a person they will. I try to educate myself as much as possible. If I have to use a certain service, I will until I have enough information to do it myself.

I would have let them go as well.

 

I've been using them for 3 years, no complaints. Use an APP on the smartphone to take pix of the receipts and it turns them into .pdf files and automatically uploads them to a cloud then mass email the docs to the ATBS headquarters.

 

I have been busy the last couple of days but wanted to chime in now I am waiting in Arkansas City, KS, don't call it Ar-kan-sa it makes the locals mad. Here it is Ar-Kansas.

Fred the doom and gloom you are concerned about hasn't had time to happen. RRTS started the deals with Arrow 2 years ago and being that they are 5 years deals no one has come close to completing one yet. A whole lot of Arrow trucks have been walked away from. Having been at two divisions for RRTS now I have heard two safety directors talk about terminating leases due to drivers inability to follow the rules. RRTS as a whole is trying to clean up their CSA because of the mass influx of people they put on with these lease purchase deals. Not everyone was ment to own their own business and leasing a truck makes you a business owner. Sometimes a company has to let those that underpreform go to make the company stronger.

Now onto ATBS; You binder and shoebox is a great idea for the 1970's. I have a laptop and a scanner in the truck so I can get paid fast and don't have to touch the nasty keyboard at the Transflo terminals at Pilot/Flying J's. I scan all my paperwork into a file label it for the dates run and send it to my payroll people and to ATBS. I went with them because the CPA at home that was doing my stuff raised her price from 125 a month to 175 causing me to shop her. ATBS was greatly cheaper, they save me the hassle of sorting and catorgorizing my paperwork, they don't have me looking the fool by walking into an audit with I shoebox saying "I am sure I have that her somewhere". I spend 19 dollars a week on a lot stupider stuff then them that's for sure. As for as quarterly taxes, they can recommend 25% but if you haven't give them access to you account it just a recondition. The P&L sheet shows you how well you have been doing and from their you can use the calculators available on the web to check what the recommend. After all it you cutting the check.

lets take about my lease. This isn't a I know a guy who talked to someone who knew story. This is my lease facts as I know them. Arrow's leasing aggrement is compairable to the number of pages my lease agreement for my pickup. In the society we live in lawyers are in bissiness to protect companies from stupid people or to sue companies on behalf of stupid people. I think the number of lawyers will always be increased in conjunction to the number of warning labels we are force to put on products to protect the stupid from theirselves. Back on tract, the only page that I was alamed with with a disclosure page that states during the life of the lease I can not lease RRTS group. I have already moved from one division to another but I can not leave the mother ship. I got a phone call telling me that after 10 weeks of having my application that I was approved to be employed at Landstar. I called Transport Funding, the finance company listed on my lease. I asked how this all works. It was best discribed to me as if you went to you dad and said I want to buy a car and because it my first car they want a double diget intrest rate but if you signed with me I can get a good intrest rate and be able low my payment. Your dad thinks it over and said I don't want to worry about you being able to make the payment so if I sign you have to live at home for the life of the loan and your money will come threw me and I will make the payment for you. Right then you have a choice. Except the offer or pass on the car. Well you young and neive and really want the car. You say ok to the terms. A year or so later you don't like the car as much and your having a hard time standing the rules so you say screw it and leave the car with your dad and moves out. Because you dad backed the loan the bank looks at him for the payment. He doesn't need another car so he looks to put someone in it so they can put it to use and pay for it. RRTS is you dad in this example. They reseat the truck and they ding you dac to slow you down on future stupidity. Now then I do have the option that if I were to want to move out I can find financing on my own and buy the rest of my lease out. Lucky for me Roadrunner allowed me to move divisions and I didn't have to push that to hard. I am very happy with my change.

 

That was very well put. At least you have many different divisions to choose from at RRTS.

 

KERSEY,
you said its a 5 year deal and hasn't had time to happen yet(my doom and gloom statements for lease ops), does that mean it will never? you are out of your mind if you believe rrts is going to be your daddy and cover the truck! many ex-lease drivers will wake up one day to a summons because of these leases. like I said a few post back, if this is how your lease contract works at one of the divisions of rrts, GREAT. I was talking about roadrunner itself. just wait for time to catch up to ex-lease drivers when things are good and they get that summons and sued and have to pay up. why do you think these lease "deals" exist, its to make and save money for the company and put all the responsibility and hardship on the lease op. its not cuz they are your friend and want you to succeed its cuz they want more of the pie with less work and headaches, period. doom and gloom is what trucking is all about. mostly lies and fairytales is what trucking has become!lol and they have to let the ones who under preform go you said. most of the performance problems at roadrunner are due to mismanaged departments and useless terminal employees and policies that dont make sense. the shoebox is an example of atbs not doing anything more than sort and add up your receipts and such 95 percent of the year. you are reading backwards and not getting the points. so if youre scanning taking pics whatever, why not just add up the receipts and enter totals so when you visit the accountant you save $1,000 for probably an hour or 2 at most?
like I said ATBS is for LAZY PEOPLE that like to waste their money! you have just proved my statement over and over. you said you spend $19 on a lot stupider things, why not remove one of those stupid things like ATBS and have an extra $1,000 a year and learn how money adds up? you use to spend $125 for your CPA to add up your receipts monthly now $80ish, that is idiotic and childlike when you do most of their work. just curious.......why are you leasing a truck after 19 years of driving?
you may see me as negative and such,lol I can see that too, but I am just stating the facts. no more no less.

 

Fred,

I will say this you don't know me. I will worry about my money and where it gets spent and you can keep buying shoes so you have somewhere for your receipts.

as for my experience. I help my wife raise three kids. She wanted me local so that's where I stayed. I went in and picked out my truck and was pitched on the RRTS lease when we got to talking about financing. To me it was not a hard decision. I could put 20% down and have a 15% intrest rate or I could sign with RRTS and get 9% with no money down. If I put now more the the intrest difference at the truck I pay it off a year faster. No a hard decision for me. But rest assured I put a lot more then the intrest aside. I don't like feeling like a enduntured servant to my employer.

After defending a fee of your concerns I will bid you safe travels and a good day or at least as good a day as you can make of it. Sounds like good days are hard to come by in your world.

 

What works for one person at a company, may not work for another person. An old quote says, "to each is its own". When it comes down to it, we as individual have to make the best decision for either ourselves or for our family. No two out come is going to be identical to one another. When we all decide to get into trucking or have been in trucking, we somewhat understood as driver/business owners what we're getting into. A person going make mistakes, the only way to overcome it is by learning from it. I know driver who haven't been successful in lease purchase and I know drivers who are very successful. It all comes down to the individual, not a company.

 

We'll said TXBD

 

Kersey, Thanks. I have leaned a lot from your post and from bigdad7.