Best company to lease onto. Help

Discussion in 'Ask An Owner Operator' started by 2004Pete387, Feb 21, 2021 at 2:41 PM.

  1. GYPSY65

    GYPSY65 Medium Load Member

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    If your numbers are what I think they are. That’s not horrible
    But where a lot and I mean A LOT of guys lose it is when I hear a paid for truck or something like that ( not directed at you. Just in general )
    People need to figure in that payment wether it is paid for or not because at some point you need to replace or repair it
    I see many buy a truck. Run all over for that $1.20 all in freight then when they need tires they can’t figure out what happened to their plan

    That said. Back to your question on how to make more
    Most all trucking job pay based on your personal liability
    For instance a truck bumping docks has next to zero liability but Oversize, car haulers, and Flatbed type haulers are responsible for securing the load etc

    The more you have to physically do the more you’ll usually make
    Also where you run can greatly change your bottom line such as NYC

    I don’t personally run to NYC much but do run pretty much anywhere else that has a good rate
    I can also run a littler cheaper on a 3000 mile run Vs guys who run 2-300 miles
    Those short runs to me make it seem like I’m always at work
    Get me loaded Monday and I can ride 700 plus miles a day all week and it works
     
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  3. 2004Pete387

    2004Pete387 Bobtail Member

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    Thanks for the info, and that's another problem for me because i got my space to run between Denver, CO and Ohio state. Don't like the rookies and either the high tolls in the east. I have to say I've bought my truck and invested like 15k on it before i hit the road on November last year, I've figured out that i can spend an average of 2500 a month on maintaining the truck and i pay my self 5k a month so i can save up 2500 on average, and the other 2k will go to uncle Sam. What your thoughts on that?.
     
  4. GYPSY65

    GYPSY65 Medium Load Member

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    Sounds like you have a plan
    I figure about $0.10 PM for maintenance and that will be more or less depending on equipment but my truck is under warranty and trailer is basic PM stuff

    Get yourself to a point where you have $30-40,000 in the bank for a bad day and you will be able to breath
    The more you “ breath “ the less stress and the more options you have
    You won’t be married to your job which is a bad place to be

    A friend who is a pilot never made a car payment
    He bought a used car for cash. Made a fake payment to a savings account every month then after 4 years he bought a new bmw. Cash. Then did the same thing
    Last I heard. He traded his cars in for new every 3 years and still pays the cash

    You can work it like that
    If you want to make more $ you may have to change the route but I assume with your gig you could stop buy the house going each way?

    There’s value in that too
    Not everything has to have a monetary value to be worth something
     
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  5. 2004Pete387

    2004Pete387 Bobtail Member

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    Sure bro, that's what I'm trying to do, I've no payments so far. Like you said i can spend 2500 a month (more or less) in the truck and i working my butt of to achieve 25k on the truck savings for the day i need a rebuild on my engine. Idk if my plan is the best that's why I'm looking for advice here where i can find people who has done it and learn from them. The other thing is if i have to be throwing over 2500 a month on my truck i better follow your way and try to get a brand new one or at least a 4-5 years old. Stay safe out there!
     
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  6. GYPSY65

    GYPSY65 Medium Load Member

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    New isn’t always the answer either
    New is what I prefer and has worked for me for the most part
    I think the payments made one way or the other
    Either it’s to a bank on new or repair shop on used
    Now. If you can wrench. Have found a solid truck. Then that’s a plus

    The last two truck I sold the buyers both got solid. Well maintained trucks as I get dot inspections done every 90 days by a local shop and both had new Michelin’s all the way around on and nothing was needed to be done
     
  7. avpfreight

    avpfreight Bobtail Member

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    what company are you leased to? im looking for one
     
  8. GYPSY65

    GYPSY65 Medium Load Member

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    I’m on with Long Haul Albertville Minnesota
    Been with them about 7 years and really no issues other than your typical bump here and there
    For the most part it’s about the same as running under my own numbers minus the office part

    They pay 90% of line haul and all fsc minus like a couple bucks of the fsc side
    If you use their fuel card they take 13% of the line haul but you get their fuel discount which is usually anywhere from $0.40 to $0.80 or more depending on where you fuel and what State

    I did the math awhile back and figured if I saved $0.35 then that 3% for using their card was close to a wash
    Now if I save $0.70 or so then I dip into that 10% and bing it down to 7%
    If that makes sense?

    I have always worked for myself but others there who have been with different companies say if you’re a Company driver it’s as close to being an O/O and if an O/O it’s as close to being a Company in the sense they handle everything for you and they have a good safety department
     
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  9. smokey12

    smokey12 Road Train Member

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    Did you purchase your truck through them and is it flat bed, curtain side?..seems I see your trucks occasionally.
     
  10. flatbedsv77

    flatbedsv77 Bobtail Member

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    US Expediters, Inc out of Countryside, IL pays 88% of the gross and you can rent a trailer from them. If you refer other owner operators they will even give you the option of adding 1% more to your gross or taking a 1 time payout of $500.00.
    US Expediters, Inc out of Countryside, IL pays 88% of the gross and you can rent a trailer from them. If you refer other owner/operators they will even give you the option of adding 1% more to your gross or taking a 1 time payout of $500.00. U.S. Expediters - Expedited Freight Services
     
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  11. GYPSY65

    GYPSY65 Medium Load Member

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    I ordered it from Peterbilt
    ( the dealer they use ) but we get a discount if we buy through their account

    Check their website. All their company trucks are newer and nice graphics
    Most all O/O’s have nice trucks also
    And yes. Curtain side trailers

    This is mine
    E3A701BD-EB63-4E89-AD05-6E0A5561F23A.jpeg
    ED30B095-6CF9-4063-8AE3-82D7E88B2944.jpeg 16BE62D2-7EC6-46C2-894B-675E278915A8.jpeg
     
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