Prime student

Discussion in 'Questions From New Drivers' started by nsfmike, Jun 6, 2015.

  1. street beater

    street beater Road Train Member

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    Well i think i need to be a co driver trainer. Then ill get people to sign a l/o, than since i dont have a lease they can give me a years worth of payments in cash... yea yea, i got this allll worked out
     
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  3. G.Anthony

    G.Anthony Road Train Member

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    You ain't leasing, you ain't getting the extras, you lose.

    But go ahead, go with that, let us know in oh, say about 3 months how that cash you were hoping for fizzles out.
     
  4. street beater

    street beater Road Train Member

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    Your sarcasim filter is cloged there driver. :)
     
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  5. McCauley

    McCauley Medium Load Member

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    Well without spending a ton of time getting into too many details and making a page long post, I'll trying to summarize it.

    The PSD phase lasts for 75 driving hours and is about seasoning a student with his permit for the CDL exam. This pays at as flat rate of $300 per week for instruction, plus normal solo driver CPM pay for the miles the truck drives. This truck operates as a solo truck. Student drives and instructor sits in the passenger seat during the whole duration. There is a nice bonus when the student passes the CDL exam, and residual bonuses when the student hits milestones such as going solo, 3 months, 6 months, ect.

    The TNT phase is about a student with a CDL running a certain amount of miles in a team dispatched truck. For an L/O doing this, they are making their normal percentage of line haul but the student makes a flat rate of $700 per week. This comes off of the top of the revenue to the truck for the week, and if the truck has run 5k-6k team miles, that relatively low flat rate has allowed the profit to grow substantially.

    Many L/Os will only do TNT because their time is better spent doing this than PSD. Some may do PSD only so they can groom their TNT partner.

    For a company driver, if you train PSD, you can try to get one done every 2-3 weeks and try to build up those residual bonuses.
     
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  6. street beater

    street beater Road Train Member

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    Makes sense, just never paid much attention beyond the blurbs i get now and then from megas
     
  7. skellr

    skellr Road Train Member

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    The referred drivers incentives add up to more when it comes time for them to refer someone? The l/o is doing it for the benefit of the driver they referred?
     
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  8. BeanDip

    BeanDip Medium Load Member

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    That is not what G.Anthony meant. Please excuse his dangling participle.
     
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  9. G.Anthony

    G.Anthony Road Train Member

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    I'll report that to Penske later tonight. Now I'll have to drive a spare truck, thanks a lot.
     
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  10. street beater

    street beater Road Train Member

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    Haha! I dont care who you are, thats funny right there
     
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  11. skellr

    skellr Road Train Member

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    :) I'm wondering why this went past the third page.
     
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