Friend wanting to lease his trucks to my company, have a question...

Well yeah nobody wants to pay that. But that's the risk you take, and other companies take which is why rates are down. Have to be honest that's why you don't want his drivers as your employees. also why you don't want a contract with his drivers. Something happens to them on the job and he now has a leg to stand on why he wasn't insuring his drivers, he can say you had a contract with them and they were your employees.

 

Question to ask, is he leaving his current lease or are they booting him. Is he leaving because not making enough money? Can you solve that issue for him?

 

Having trucks leased on can be a good thing, and can work for both parties. With that being said, things need to be set-up right for your protection. And if it was license to print money everyone would be doing it. Believe me it's not all sunshine and roses man. Its still trucking and you know how that goes.

 

$500 а week in 5 truck is 2500$. He wants to his ### to seat and you the work. Get your moneh!!

 

Always worth exploring, and I hope it works out for both of you. But please cover your ###. Otherwise you'll be asking questions on the lawyer forum not the trucker forum.