O/O Pay

Its various types of truck ownership.
1) driver leasing from a company with ballon payment at end of lease.
2) driver leasing from company with no ballon at end.
3) driver who leases from dealer and leases truck on at a company.
4) driver who buys truck from dealer thru bank and leases on to a company.
5) driver who has own authority and runs his own loads from brokers.

 

Maybe that money is found from corporate substities. Something rarely protested.

 

You forgot the driver who leases for three years then leases another one and never gets a chance to own. (Prime)

 

You mean the part of the 3 year lease where they're allowed to purchase the truck at the end and the drivers decide not to exercise that option but instead turn the truck in and sign another lease by choice?

 

Also forgot the ones who owns clear and leases it to carrier.

 

Some choose not to own. Why criticize the way someone runs their business? Just because you don't agree doesn't make it wrong.

 

Didn't criticize anyone. Just pointing out it was not on the list. Take a chill pill.

 

Well its simple math like with any cut throat cut rate company like Swift who by the way would love to see the rest of us doing 63 mph if you own 20k trucks it's easy to make it on 5% profit

 

You guys are NUTS thinking Swift or any mega runs consistently at low rates like that. Consistent rates like that = Hanjin.