JB Hunt - Power Only program

Any O/O out there ever heard of this program?
I got called by some dude there today and here are some of the details:


Power Only is where we use your trucks and drivers to haul our freight and trailers.
Here is some general information of our program. We are currently adding to our Power Only Group due to increased freight demands. Our Power Only Group can offer you many benefits but most importantly it offers you a strong freight base with a dependable and stable company that pays your invoices in a timely manner.


This is how we pay out:
.
Hybrid Pay Plan (Mileage) over 200 mile loads:

• $1.46 per loaded mile on hauls between 200-599 miles (average load is 525 miles)
• $1.41 per loaded mile on hauls between 600-699 miles
• $1.39 per loaded mile on hauls over 700 miles
• $.60 per mile of Deadhead up to 100 miles

Carrier Benefits:


Carrier Maintains Operating Authority
60 % of the freight is Drop and Hook
100% No Touch Freight
No Binding Long Term Contract or Lease
We cater to your Freight Demands


Insurance Requirements:


$1,000,000 General Liability
$1,000,000 Auto Liability
$100,000 Cargo

 

My best estimate at this point is around $.95/mile for my CPM. I need more facts until I can narrow it down more accurately. Right now its sorta 'crystal ball'.
I plan on dragging either a skateboard or a 53' dry van. For insurance purposes I am listed as a 'non-owned' 53' dry van.
Progressive doesn't offer General Liability in WI - so I need to either find a separate company for that or a company that can do it all for me.

 

I figured Schneider might have a similar program. I am looking for something with no minimum and the most flexibility. It seems JB Hunt's setup matches that.
If I only want to run 1-2x a month with them, then thats all I want. Since I am running under my MC and insurance/plates , there isn't any cost to them to have me 'hanging around'.

 

Thats funny.
Yea, JB no longer has any restriction like that. I did ask him and I have reviewed the 'agreement' but while I understand legalspeak this needs to be re-read several times. Its 25 pages long....

 

JBH is $5/run for trailer insurance. (not per day). My policy covers a "non-owned" trailer though just fine and Progressive won't even waive trailer coverage when you don't own a trailer. I am forced to carry it from them-

Thanks for the info..