Lease O/O questions.

Get a solid contract in place before you solicit any one.

 

I agree with @Ridgeline, you do need a good contract in place that protects you from unscrupulous actors. But, make sure its simple and no chance for manipulation of owners who lease on.

I think some more info about your operation is needed for any more input.

I'd start by looking at what my direct competitors were offering.

 

Escrow is a requirement, check out what others ask for.

Damage of what?

Cargo?

Not their problem, it is yours.

Workers comp, get your lawyer to talk about that.

Insurance is on them for their truck, you cover cargo and cargo related insurance.

Tags are their problem.

 

If your looking for someone to move your freight, you need an owner operator with their own authority. Lease owner operator still have to go through their parent company.

If your on the east coast I might be some help to you

 

I think that if you are paying $3 a mile, then I can see some of the things like cargo damage being covered through the escrow but anything else, you need a lawyer to write up a good contract that fits the needs of both your O/O and you.

 

I used to haul furniture as a o/ o I would expect 88% of load and plates and permits paid , no escrow,,damage unloading would be on me if I am the one unloading but I would expect the proper unloading equipment , and help . My insurance covers my truck and trailer ,no your cargo, I expect paid weekly or sooner with no hold backs .I will run my
70 hours a week no more , I will not haul junk trailers, or do anything is is illegal as per a dispatch and since I save all text and emails and have call recorder on my phone I would expect any one that ask me to do such things be fired or company will be turned I. To the fmcsa.
I will expect to gross $6000 to $8000 per week .
If any less . You should look for a eastern european, me
ilddle eastern,or a Mexican national.