Percentage pay

Discussion in 'Ask An Owner Operator' started by pilot trucker, Dec 14, 2017.

  1. pilot trucker

    pilot trucker Light Load Member

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    Anyone know someone who pays 90% of the freight bill to the driver? Looking for a friend who is owner operator has a 2005 truck. Lives in Wyoming mi. Area has to get home Friday night. Can work Sunday to Friday.
     
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  3. nightgunner

    nightgunner Road Train Member

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    90% not off hand, Rawhide Express out of Kalkaska, Mi pays 85%
     
  4. rollin coal

    rollin coal Road Train Member

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    Your friend needs to read the fine print with the carriers paying 90%. Every one of them charges back for cargo liability and every other carrier expense under the sun with a gazillion deductions from operator settlements overcharging and proffiting from it. So in reality a 90% lease is more like 75-80% or less when all is said and done. You can't judge a book by it's cover. Something to think about.
     
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  5. nightgunner

    nightgunner Road Train Member

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    That is not necessarily true at all. I am leased onto a carrier that pays 85% and I have zero chargeback. Not everyone is a thief.
     
  6. rollin coal

    rollin coal Road Train Member

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    It's absolutely true. You can take it to the bank that the kind of carrier you're at is rare. Honest carriers are the exception not the norm. I'm in the same boat as you being at one that pays 87% + fuel surcharge which is usually good for a half to even a full point more depending on the length of haul, on brokered loads. That's with my trailer. With the theirs it's 77% + surcharge they pay for reefer fuel, wash outs, etc. I'm responsible for non-trucking liability, physical damage, OCC/ACC, IRP and any IFTA. IFTA is calculated on the actual miles my truck runs and is the only deduction that ever comes out of my settlement once a quarter. They pay for cargo and liability out of their cut. There is not a 90% carrier out there that doesn't charge back for cargo and liability to the point they profit on it (illegally) and most of them also overcharge for IFTA and IRP too. They'll have deductions for the trailer payment and/or maintenance on the trailer. Lots of deductions. Saying its 90 percent is basically dishonest false advertising.
     
  7. nightgunner

    nightgunner Road Train Member

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    Whatever Driver.

    @pilot trucker don't believe all the doom and gloom, there are still some good people out there.
     
  8. DUNE-T

    DUNE-T Road Train Member

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    Do you pay extra for cargo insurance or is it included in 15%?
     
  9. rollin coal

    rollin coal Road Train Member

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    Of course there are. The trouble is good, honest people in the trucking industry are a rare thing. Crooks, cheats and liars taking advantage of drivers is the norm. Anybody that's been around this business even a little knows what I said was the truth. Nothing I said was wrong. Anyone looking for a good company to lease on with needs to look a LOT deeper than the percent of the take. Never seen company yet offering 90% of the take that wasn't actually taking another 10-20% above that initial 10% with chargebacks on settlememts - most of those being grossly inflated.
     
    Last edited: Dec 14, 2017
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  10. nightgunner

    nightgunner Road Train Member

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    Included.
     
  11. bulldawg trucker

    bulldawg trucker Medium Load Member

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    I’m on Rollins side with this. You got to dig deeper than the percentage to find the few good carriers left. After my fuel surcharge is added in I end up around 81%. Only thing I cover outside of that is my tag bobtail and 2290. You could offer me 95% with dedicated freight and I wouldn’t consider leaving right now. Most honest people I have ever dealt with in trucking or outside of trucking. Something could happen do change my view but that’s how it is for now.
     
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