Worth it?

I would think that yes it is easily worth it based on simple math of 10% of your annual gross. Say you gross $150,000 that’s $15,000 a year so in 2 years you could basically behave a paid off brand new trailer for what you gave up in percentage

 

A 140,000 gross at 10% is $14,000. So a two year set back can almost pay for a new 53’ Transcraft flat, a little more for the good good stuff. But even a good used trailer at $15k, will be return on investment at about a year. Then you shouldn’t see much more than 2k-5k a year maintenance on the trailer. And that’s just on the years you buy tires or redeck it, or overhaul the brakes.

So that’s what I did when I was at Landstar. Glad I did. That was like 4/5 years ago. PLUS, if you ever decide to start your own or change companies, you keep the asset and transition more smoothly.

 

If the new company has the fire power to keep you moving then yes it's worth it....10 percent is a lot of money back in your pocket.

 

In my way of thinking (maybe not all the best way), it would be worth it for 5%. I would always rather pull my own trailer unless I was dragging boxes and doing the drop and hook thing.
Like mentioned, it also gives you options if you ever decide to go on your own too.

 

Wow, 35% is way too much..25% is about the norm. My Carrier takes a 25% cut, doesn’t nickel & dime me to death and provides al the tools needed to be successful..

Start by finding a better situation.

 

That all depends on the company, what they take care of and what kind of freight they have. There is a lot of cases where 35% costs a guy less than 25%.

 

I am just saying the actual percentage the company keeps, means nothing.
What I worry about is what goes in my pocket when I get paid, period.
I have never leased on much, but have to to haul the freight I am now. I do not even know what percentage the company charges me or even if they go by percentage, and whats more, I don't care. I get paid well for what I do, quite a bit more than most hauling the same exact freight, so am plenty happy.

 

Doesn't that well know o/o company that most work for take 35%.

I haven't looked lately to see if the % is still the same.