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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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EagleOps Light Load Member

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RERM said: ↑

I find A LOT of Owner Operators (L/P and otherwise) think their running a truck and not a business....more often than not THAT seems to be their road to failure...The ridiculous rates some carriers pay L/P should be thought of as the price of entry to a no down payment, no credit check, purchase or rental of a 100K+ piece of equipment...
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This is a very smart post. L/P with no money down and no credit check will almost certainly be the worst way to lease a truck. It has to be because of the huge risks the leasing company is taking. Traditional financing will beat NMD,NCC leases almost 100% of the time.

EagleOps, Apr 6, 2016

#201
Ssand Man Light Load Member

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10 miles from no where!

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Wow. The unnecessary, hateful comments drivers post here. It amazes me how everyone wants to bash a L/P.

Ssand Man, Apr 6, 2016

#202

BigBadBill Thanks this.
Jonkie Medium Load Member

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Tell us more . Let's discuss

Jonkie, Apr 6, 2016

#203

HalpinUout Thanks this.
Jonkie Medium Load Member

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Misesian said: ↑

Lots of guys say this about Lease Ops and O/O leased on under the authority of a carrier. I am leased to a carrier myself and do very well running "cheap freight" as it is commonly called. I am not sure what freight you ran but hauling reefer you aren't going to average 2.50 a mile. It is possible you catch a customer at the right time and they pay big money but it won't be often. Most large carriers average about 2.00 per mile themselves and if you check rates on DAT this is higher than where it trends currently. And when this guy posted he made 1.23 a mile or whatever that is his percentage of the rate, so the load really paid much more from the customer; the load isn't cheap.
Now, if you are one of those guys that needs 2.50 a mile to make it in this industry then I understand your frustration. If that is what you need and expect you'll eventually fail. Meanwhile guys like me and the new wave of O/O will continue to be profitable by adapting to changes. We are owner operators and you are no better than us. What you should be asking is what are they doing differently than me that they can still be profitable at these rates? Instead you belittle us and resist change. I get annoyed hearing this crap at truck stops, the CB, and forums. Instead of being so negative about it, learn what you could be doing different to remain profitable.
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Anyone can buy numbers . It's a few thousand to start . Get a factor company with the deal, buy a used trailer for five grand . Run off load boards for 40 bucks a month . I'm with you

Jonkie, Apr 6, 2016

#204
HalpinUout Road Train Member

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Ssand Man said: ↑

Wow. The unnecessary, hateful comments drivers post here. It amazes me how everyone wants to bash a L/P.
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What is everyone supposed to do? Sing you a song of BS like these companies that run these fleece deal scams do when you ring them inquiring about the "deal" they offer? Ya know.... The .90 cpm deal?

HalpinUout, Apr 6, 2016

#205

freightwipper, spyder7723, RERM and 1 other person Thank this.
crb Road Train Member

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Jonkie said: ↑

Lol ok
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My last check was over 3,600 gross for 2 weeks. Next one should be over 5. I'm 6 days into this check over $1600 so far and I didn't work the weekend.

crb, Apr 6, 2016

#206

Jonkie Thanks this.
Eeyore05 Medium Load Member

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crb said: ↑

My last check was over 3,600 gross for 2 weeks. Next one should be over 5.
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Our drivers take home $1800 a week too, TAKE HOME, in a company truck.

Eeyore05, Apr 6, 2016

#207

freightwipper and crb Thank this.
crb Road Train Member

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Eeyore05 said: ↑

Our drivers take home $1800 a week too, TAKE HOME, in a company truck.
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Yep I'm in a company truck. Hone weekends. Excellebt CO paid benefits. The jobs are out there. My pay fluctuates I'm usually over 3500.

crb, Apr 6, 2016

#208
Jonkie Medium Load Member

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crb said: ↑

My last check was over 3,600 gross for 2 weeks. Next one should be over 5. I'm 6 days into this check over $1600 so far and I didn't work the weekend.
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36+ months experience at .34 cpm = 4400 plus miles for 1500. you did that in five days ? Respect

Jonkie, Apr 6, 2016

#209
crb Road Train Member

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Jonkie said: ↑

36+ months experience at .34 cpm = 4400 plus miles for 1500. you did that in five days ? Respect
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I don't make make .34 CPM yes. I did work 3 hours Saturday

Paid miles only listed as I don't get paid empty.

4/1 -224
4/2-314 only loaded ran on 4/4
4/4-448
4/6-239

$1,605.19 plus some accerorial pay.

crb, Apr 6, 2016

#210

Jonkie Thanks this.

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