Hey everyone, I have a couple trucks I received out of a death in the family, and was wondering what company/companies are good to lease on to. My idea is to hire a couple drivers, put them on the truck, and then lease the trucks into a company. I work full time as a flight instructor now, so I no longer want to drive myself, so I'd like to use the trucks just as a way to make a residual income. I'm not looking to get rich by any means, just looking to make a few extra bucks and get a couple people working. I have some money in the bank already to cover expenditures as well as break downs for when they occur too. So, what do you guys think. I appreciate all comments and advice.
Thank you, Brian.
Best company to lease on to
Discussion in 'Experienced Truckers' Advice' started by Lspilot82, Jun 1, 2017.
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#1. A lot depends on where you want the trucks to call "home" and return to regularly. (To monitor their condition and get the drivers home for time off, assuming we're talking about a national over-the-road type work setting). However, there may be local or regional options available to you, depending on the location of you and/or the trucks.
#2. You're asking a question that will have as many answers as there are truckers.
#3. Are you sure you want to take on these headaches, rather then just sell them for whatever you can get that's fair. I get you may have sentimental reasons to feel the need to keep them working but it's a business that few are cut out to deal with.
#4. A lot depends on what kind of trucks and perhaps trailers we're talking about and how old they are.
Some months, trucks can make money and some months they can just as easily cost money. Keeping good, dependable drivers in them is the most critical thing for success, and as it happens, is also the most difficult part of the business. The drivers you select [or "end up with"] will be what makes or breaks the operation.Last edited: Jun 1, 2017
CorsairFanboy, bzinger, Lepton1 and 3 others Thank this. -
Yeah depends on weather or not you want to be bothered at 3 am with issues (mechanical etc) with the trucks. Also, how much do you know about the industry ? You can get taken for a ride by a savvy driver who knows how to steal fuel and put $$$ in his pocket. Good luck
bzinger, MTN Boomer and passingthru69 Thank this. -
I would do this - sell the trucks, go take the money and enjoy it or invest it into something.
Why?
Because truck ownership is a full time thing, not a part time thing and the biggest headaches of all of it is not finding loads or finding a company to lease to but finding drivers who you can trust.CorsairFanboy, Brettj3876, Oldironfan and 1 other person Thank this. -
So like I said, working them OTR is my ideal goal, but running them locally is an option too. -
I have leased to a few companies and run my own authority on a few. I have found the smaller companies CAN be good, IF your have the right dispatcher in place.
Currently the company i am leased to pays 80% of total Gross, including FSC, i'm averaging $2 a miles and dong 5K a week on a 5 day week without killing myself. Some weeks a little better. The Dispatcher i deal with is rather good at putting together lanes and watching the rates and areas to send me so he has been doing a pretty darn good job of keeping my rate per mile up there. I don't think i have done less then $2 a mile yet, (on a weekly average).
I generally run the Eat coast, but has others that run most of the 48. he can do whatever you prefer and home time as you want.
Its a small company and he only wants to deal with a handful of trucks, so he can pay good attention to them.
If your interested in the company i'm running with let me know, just message me. -
Plants and flowers pays the best out of florida, and is year round freight.
just a thought...........good luckLspilot82 Thanks this. -
Right now - Nothing is paying good out of FL. I just had to come out, PU a trailer for a friend of mine near Orlando, i was getting offered $ .90 cents a mile to head to NJ. are you kidding???
I DH North @ 200 miles and picked up a load giving me $1.99 mile going to NJ. have to think outside the box sometimesLspilot82 Thanks this. -
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I don't believe that Landstar dose any dispatching, you would need to hire your own dispatcher or have your drivers find their own loads.
Mercer will give you a load coordinator that can help find loads but most drivers leased on with them also pick their own loads as they usually find better loads then the coordinator does so you would probably want to have your own dispatcher or drivers picking their loads with them as well.
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