Prime lease

Discussion in 'Lease Purchase Trucking Forum' started by Diaz76, Jun 15, 2017.

  1. Knucklehead

    Knucklehead Road Train Member

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    It's a posh company. All the know-it-alls on YouTube are raving about it, dontchaknow.
     
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  3. UsualSuspect

    UsualSuspect Road Train Member

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    Same as they raved about Swift, Schneider, Knight, Prime, CRE, and many others. I never wish failure on anyone, but it seems they all follow each other, and slowly they fail, one here, one there. Being a newbie, but having been in on the management side of life, I would never go anywhere based on a YouTube Video, or anyone who is getting compensation for anyone hired. They are doing it for the money, not because it is a great place. Maybe I am wrong, we will see in a year how many are left there.
     
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  4. Knucklehead

    Knucklehead Road Train Member

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    "Small Male" went from company to company looking to take in the bonuses via people who couldn't do their own homework. The trucking world is better off with his simp persona going onto other unsuspecting marks.

    I've come to the conclusion that very few, if any, yt trucking gurus have their audience's best interests at heart, and are pimping for that recruiting bonus, along with stating, "Don't forget to hit that like button and subscribe." It seems prostitutes wear ball caps and drive Kenworths too. And now they're all loco for Traveloko, along with many of their drone Johns.
     
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  5. albert l

    albert l Road Train Member

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    @redoctober83
     
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  6. redoctober83

    redoctober83 Road Train Member

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    So before I went lease, I was company. While a company driver I would ask my FM to send me the rates in the loads I was dispatched on so I could see the numbers. I ran a spreadsheet for a little over a month. During that time compared to being lease my revenue was a lot more as a lease. Part of that had to do with lessee drivers are generally kept in the higher freight rate area from my experience.

    Even as a company driver when I was looking at those numbers my fm was giving in each load, it was pretty much the same as the numbers I've seen as a lease driver.
     
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  7. NoBigHurry

    NoBigHurry Light Load Member

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    @redoctober83
    Thanks for the reply. Lots of people say don't lease a truck from a company that dispatches you because you will get all the bottom of the barrel loads. Given your history with Prime, I think is good evidence that they don't do that.
     
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  8. dogtrucker

    dogtrucker Road Train Member

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    You say your income as a lease driver was a lot more than as a company driver. Was your lease income still more after deducting for:
    1) No employer Social Security contribution
    2) No employer subsidized medical insurance
    3) No 401k match
    4) No payed holidays
    5) No payed vacation
    6) No unemployment insurance
    7) No disability insurance
    8) No Workman's Comp insurance
    9) No layover pay
    10) No breakdown pay
    11) No hotel reimbursement
    12) No bonuses
    13) (Usually) no detention pay
    14) Parts/fluids/services/ etc. not covered by warranty

    You are asking us to believe that you get more money than a company driver plus a free truck ...
    You are asking us to believe that Prime went to all this trouble setting up this program just so they can hand more of the load revenue over to the driver ...

    For the sake of "argument", let's pretend to believe that for a micro second.
    What you will have to explain then is: with this unbelievably generous arrangement, why do lease drivers fail at a rate 10 times that of company drivers?

    Is that because all the other lease drivers are so dumb and you are so smart? If you want to give us any version of that argument, please don't; we'll probably just make fun of you if you do that - fair warning.
     
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  9. MysticHZ

    MysticHZ Road Train Member

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    In nut shell, yes. But not so much dumb, simply naive and no understanding of what it's going to take to succeed.

    All the issues you listed, apply to anyone going into business for themselves. Any business. If they don't have the wherewithal to manage them, they'll likely fail.
     
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  10. dogtrucker

    dogtrucker Road Train Member

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    L/O's never mention these expenses when trying to impress their YewToob viewers with their enormous paychecks.
     
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  11. MysticHZ

    MysticHZ Road Train Member

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    .... And? I don't waste my time with the boobtube gurus. Most of them are clueless attention hores.
     
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