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<p>[QUOTE="ProfessionalNoticer, post: 12095520, member: 317301"]They can't guarantee you a predetermined amount of revenue per week if they don't have scheduled weekly runs. These are usually dedicated contract runs with prenegotiated rates.</p><p><br /></p><p>It's more likely that they are instead simply running spot market/loadboard freight with variable rates and unpredictable freight volume/opportunities.</p><p><br /></p><p>Essentially, these places are 99 percent of the time lying to you. You're better off as a W2 paid company driver. Save up your money over time and learn some about the business here on the forums reading for at least a year then make the move to ownership after you've acquired working capital and knowledge.</p><p><br /></p><p>Now, I want you to do some math. They claim 2500/week to you. Subtract 950 for truck payment (which is absolutely a rip off), then subtract another 450 for insurance, 250 escrow, 35 ifta and 100 for their admin fees. What are you left with? It doesn't even cover a single day worth of fuel.</p><p><br /></p><p>You will be turned into an indentured servant. Nothing more than a slave living on a modern-day plantation if you take this, "deal". Again, read the endless amount of information here on the forum to save yourself from being taken advantage of and always do the math.[/QUOTE]</p><p><br /></p>
[QUOTE="ProfessionalNoticer, post: 12095520, member: 317301"]They can't guarantee you a predetermined amount of revenue per week if they don't have scheduled weekly runs. These are usually dedicated contract runs with prenegotiated rates. It's more likely that they are instead simply running spot market/loadboard freight with variable rates and unpredictable freight volume/opportunities. Essentially, these places are 99 percent of the time lying to you. You're better off as a W2 paid company driver. Save up your money over time and learn some about the business here on the forums reading for at least a year then make the move to ownership after you've acquired working capital and knowledge. Now, I want you to do some math. They claim 2500/week to you. Subtract 950 for truck payment (which is absolutely a rip off), then subtract another 450 for insurance, 250 escrow, 35 ifta and 100 for their admin fees. What are you left with? It doesn't even cover a single day worth of fuel. You will be turned into an indentured servant. Nothing more than a slave living on a modern-day plantation if you take this, "deal". Again, read the endless amount of information here on the forum to save yourself from being taken advantage of and always do the math.[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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