I thought about insurance, but as large as they are, surely they are self insured.
And I know there are othe fees like drug consortium and other admin stuff, but I would be surprised if it amounts to say a couple weeks of profit on a per o/o basis.
Of course I'll admit to not knowing the numbers, but I have a hard time believing a company with 2,500 drivers will "fire" someone without notice because he's in a slow lane.
BEWARE OF MERCER
Discussion in 'Report A BAD Trucking Company Here' started by texasmorrell, Feb 10, 2019.
- Thread Status:
- Not open for further replies.
Page 3 of 7
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
I was just saying that there is costs involved in every truck you got leased on. -
back street slider, drvrtech77 and thaistick Thank this.
-
drvrtech77 and Rickp Thank this.
-
-
Rickp Thanks this.
-
So one load every 4 months pays the bills.... How slow was the op to get fired for being in s slow area?
What, is he in Hawaii insisting to do only the lower 48 runs?Last edited: Feb 11, 2019
bryan21384, spyder7723 and Rickp Thank this. -
-
It is in the Federal Motor Carrier Leasing Regulations that a carrier can withold settlement/escrow until decals and all company property is returned. Every carrier I know of does this. This is not Mercer setting out to screw anyone over, it is standard among all carriers.
49 CFR § 376.12 - Lease requirements.
(f)Payment period. The lease shall specify that payment to the lessor shall be made within 15 days after submission of the necessary delivery documents concerning a trip in the service of the authorized carrier. The documentation required before the lessor can receive payment is limited to log books required by the Department of Transportation and those documents necessary for the authorized carrier to secure payment from the shipper. In addition, the lease may provide that, upon termination of the lease agreement, as a condition precedent to payment, the lessor shall remove all identification devices of the authorized carrier and, except in the case of identification painted directly on equipment, return them to the carrier. If the identification device has been lost or stolen, a letter certifying its removal will satisfy this requirement. Until this requirement is complied with, the carrier may withhold final payment. The authorized carrier may require the submission of additional documents by the lessor but not as a prerequisite to payment. Payment to the lessor shall not be made contingent upon submission of a bill of lading to which no exceptions have been taken. The authorized carrier shall not set time limits for the submission by the lessor of required delivery documents.texasmorrell and JonJon78 Thank this. -
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 3 of 7
- Thread Status:
- Not open for further replies.