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A journey of a new O/O with celadon

Discussion in 'Lease Purchase Trucking Forum' started by Joe.go, Mar 3, 2016.

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chuy Bobtail Member

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Joe.go said: ↑

I've just been hired with celadon as an owner operator. I will post my progress in this thread for any one who is curious about the experience. I leased the truck through quality, and it's the maintenance program. The truck is an international prostar 2013 with 250k miles an electronic apu and a double sleeper. No money down, no credit check, walk away lease. I could own the truck in 5 years with no balloon payment at the end. It's 545 for the truck payment and 555 for the permits, licensing, insurance, prepass, and the maintenance. The maintenance covers anything that breaks with the truck that has to do with DOT safety, or the truck running. Basically if the cigarette lighter breaks it's not covered, but everything that matters is covered. I've finished the orientation which was short. About three days for most of us. And I've just got the truck stickers and I'm awaiting a load. I'll continue to update this thread as I continue. Any questions feel free to ask.

Very respectfully,
The rookie
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good luck

chuy, Mar 7, 2016

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Joe.go Thanks this.
Eeyore05 Medium Load Member

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FLCRACKER said: ↑

Maxxforce never had DEF. In 2014 they added DEF and renamed that engine. Don't remember tje new right now, they also reduced the exhaust put back in the engine.
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Still maxxforce.

Eeyore05, Mar 7, 2016

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FLCRACKER Medium Load Member

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Yeah I know that. Emission systems arethe problem rest of engine is fairly decent.

FLCRACKER, Mar 8, 2016

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Pete jockey Medium Load Member

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$1.23 in and $1.13 out?? I wish you lots of luck driver

Pete jockey, Mar 8, 2016

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Wickedfire77 Road Train Member

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Sometimes new lease drivers still have the miles=smiles mentality. It's hard to break that habit of being excited over 1k+mile runs.
Since it's a % deal, you have to put the big miles mean money mentality to the side.
As states, shorter runs and lots of them will end up paying more, in theory, than big miles.

Wickedfire77, Mar 8, 2016

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Pete jockey Medium Load Member

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Hopefully the op realizes this before it's too late. You guys are spot on with the shorter runs

Pete jockey, Mar 8, 2016

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88 Alpha Trucker Forum STAFF Staff Member

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Unfortunately, the numbers the OP mentions is still higher than several of the megas and even some of the not-so-megas. Granted, those megas and mediums are paying mileage, but it sounds like with 2 trips booked, he has the miles. JCT at $0.90, Schneider Tank at $1.15, Swift has a sliding scale ($1.08ish if I remember), Dart is less than that.

88 Alpha, Mar 8, 2016

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thejackal Road Train Member

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Have no idea why some people take this cheap ### freight. Does any body ever learn??????

thejackal, Mar 8, 2016

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Bo Hunt Light Load Member

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Joe.go said: ↑

Also keep in mind I could make 2k if I hit 3500 miles in a week. Well 1900 to be specific
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Wrong, wrong, wrong. As a percentage lease, you don't care how many miles you run. You can NEVER figure that if you hit a mileage point, you will make a certain amount of money. It is all about the REVENUE per week. That is your goal. And you should be striving to get that as high as possible while driving the FEWEST amount of miles possible. That is how you make money as a percentage operator.

Bo Hunt, Mar 8, 2016

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Rook93 Bobtail Member

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Joe.go said: ↑

I know this isn't an ideal situation for someone with 10+ years of experience. But I've been driving for under a year and I'm working my way up. With this program I have the opportunity to break into the owner op game with limited risk. It's walk away, and I can do alright if I bust my ###. I'm just inching up the ladder like you gentlemen have already done. Eventually the goal is a bank financed truck working for a company with high paying freight. We will get to see the bottom line once I post my statements.
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Keep me posted, im also looking at leasing through Quality, but probably not with Celadon. Gonna try PTL they pay 70%of linehaul, $250wk for escrow tag permits etc $545wk for truck, nit restricted to the crappy Maxxforce (maxxcan) prostar.

Rook93, Mar 8, 2016

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