Considering leasing on to a company that pays 85%

Discussion in 'Ask An Owner Operator' started by kanidana, Sep 27, 2024.

  1. kanidana

    kanidana Heavy Load Member

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    It's dry van and you rent a trailer from them on a weekly basis from what I've read. They seem really transparent. The company is JRV Logistics and I've read a lot of good reviews about them as a company. Still, like you're all saying, if the spot market is terrible, it doesn't matter how good the company is when it comes to making money. Landstar was a disaster. I went there and left after 3 months.
     
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  3. Long FLD

    Long FLD Road Train Member

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    I’ve always been leased to a carrier and never once had to chase my own loads from the leftovers on the spot market. It wasn’t until 2021 that I started doing general freight stuff, but still. I will amend my statement even to go so far as to say there are plenty of companies to lease to that have freight and aren’t a mega.
     
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  4. Long FLD

    Long FLD Road Train Member

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    If it’s JRV out of Illinois no way would I do it. First, it’s Chicagoland. Second, the address on their authority is a UPS store in a strip mall. Third, their SMS isn’t great.
     
    Last edited: Sep 27, 2024
    Reason for edit: Spelling
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  5. 77fib77

    77fib77 Road Train Member

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    Where are you out of? California?
     
  6. kanidana

    kanidana Heavy Load Member

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    Phoenix, AZ.
     
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  7. Constant Learner

    Constant Learner Medium Load Member

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    You are delusional, everything is changing fast, and not for the good.
     
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  8. Constant Learner

    Constant Learner Medium Load Member

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    I was with Schneider for a little while, a total scam. But I've managed to beat them, my total rate per mile was well over $3 when I was finished with them a couple months ago.
     
  9. JonJon78

    JonJon78 Road Train Member

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    If you lease onto a company that is doing primarily spot market freight, the best advise I can give is buy your own trailer. Why the hell would you pay the note on a wagon for them?

    And being able to book loads from "any" load board doesn't make anything better than the next...Loads posted on A are gonna be the same as B and C in the grand scheme... In nutshell, all spot freight now, no matter which board, is crap... honestly. Pick ur poison.

    Trailer maintenance and ownership is very minimal... Why rent?
     
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  10. Deere hunter

    Deere hunter Road Train Member

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    Yep!
    Wait....what?
     
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  11. Kenworth6969

    Kenworth6969 Road Train Member

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    I sure hope you look at load board rates before you make your decision.
     
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