The key to the LP or o/o?

The hamster wheel I am talking about is the rigged game where the carrier pats drivers on the head and says 'we are giving you free plates/trailer/no credit check brand new shiny truck/cheap truck insurance etc. Meanwhile they pay you $1.2 but charge the customer $1.7 and keep $50,000 of your money to pay for those freebies.

That's why I say save money and get their own truck and even if they paid triple the insurance the first year, a driver could still capture back $30,000 a year that would other wise go to the leasing company. \\

I only know this because I didn't listen to the old timers who told me the answers, I had to go out and find out for myself lol.

 

Sounds like you're doing well with a good outfit. It doesn't sound like your lease is the typical l/p out there. Do what you are already doing, keep the expenses low and the revenue high. As long as that bank account is growing month to month, you're on the right track. If you like the current situation, keep it. If not keep putting that money away and prepare for the next step.

 

I want to buy truck and lease onto LTL carrier, would I be considered O/O then? Or L/O....

I think the LP to O/O is the same as turning a apple into an orange
some magical miracle stuffs have to happen!!!

 

You would be a lease operator in that situation.

The difference in L/P is all about the contracts. There a few, a very few, but there are some that are worth a look if you can't swing a truck on your own. Most are total ripoffs designed to work the driver's tail off for nothing compared to the risks involved. Most of the L/P deals, I would rather panhandle...but there are some that are doable. Schneider, of all places, seems to be giving their drivers a fair shake. Not by the price of the truck or the hoops they have to jump through but by the availability of decent freight rates. I would call their L/P a "you pay us a premium for the truck and % of the load and we'll give you access to some good freight". Seems to be a fair trade and some are doing very well with it.

 

I just want to know how you cook those meals in a truck lol made me hungry

 

You took the words right out my mouth, I'm in truck stop searching for cook ware as we speak