Leasing an older tractor

Discussion in 'Ask An Owner Operator' started by jd6404, Jul 30, 2013.

  1. SHC

    SHC Spoiled Rotten Brat O/O

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    Yes, but you do not do LTL freight. He stipulated all those things, hence why I SAID why not find a company that does stepdeck and gets you home on weekends (such as your company). Sounds to me like he is wanting to be home daily, pulling LTL with a stepdeck.
     
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  3. rebeloutlaw66

    rebeloutlaw66 Light Load Member

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    I drove a 1992 frt liner that had a 11.1 detroit that was eletronic, i always thought LS paid 65% of gross unldss you have your own trailer
     
  4. Blind Driver

    Blind Driver Road Train Member

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    Mercer will take the truck on if it has a newer electronic engine. Mercer may be going to EOBR, but not until they have to.
     
  5. dude6710

    dude6710 Road Train Member

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    Try lsi in Minnesota.
     
  6. cpape

    cpape Desk Jockey

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    I am not sure how anyone could do regional open deck LTL. The only LTL pricing we do is under 10K lbs and 12' figuring it can go with a full load. Otherwise you would spend a week consolidating a load that goes 500 miles. I can't imagine how the numbers would work. You might be able to make it work if you live in the Chicago CZ. Even then I have a hard time picturing it. It would seem like you would just look for that little LTL as SHC gravy on a full load. I really have a hard time seeing why one would mess with LTL unless you are running long like MW to CA or FL or Northeast. I am sure there are examples...I just can't picture it.
     
  7. DrivingForceBehindYou

    DrivingForceBehindYou Medium Load Member

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    Pay/Benefits

    Apply Now
    [h=1]Owner Operator Pay & Compensation[/h][HR][/HR]Landstar pays a percentage of the load revenue for each load you haul plus 100% of the fuel surcharge. Owner operator pay will vary depending on whether you haul with your own trailer or lease a trailer from Landstar. Below is an example of how to calculate load revenue with a company trailer.
    [h=2]Contractor Revenue[/h]
    • Company Van Trailer (65% of 100%) no weekly trailer rental fee
    • Company Flatbed / Stepdeck (73% of 100%) with weekly trailer rental fee
    • Company Stretch / Double Drop Trailer (74% of 100%) with weekly trailer rental fee
    • Trailer Rental Fees: Flatbed ($155 / Week), Stepdeck ($170 / Week), Extendible ($185 / Week), *Double Drop ($260 / Week) * There is usually a waiting list for stretch and double drop trailers.
    • Own Van Trailer (72% of 100%)
    • Own Flatbed or Stepdeck Trailer (73% of 100%)
    • Own Refrigerated Trailer (75% of 100%)
    • Own Specialized Trailer including double drop, tri-axle, insulated van with heater (74% of 100%)
    • Own Heavy Haul Trailer (4 or more axles) Trailer (75% of 100%)
    [h=2]Deduction[/h]
    • Escrow – A $500.00 escrow is required. Deducted at $33.33 per week for 15 weeks.
    • Plates * – Illinois annual base plate $1650. Deducted at $91.67 per week for 18 weeks.
    • Permits* – Annual permit cost $200. Deducted at $11.11 per week for 18 weeks.
    • Seal & Lock Program
      • Vans – “Warlok” or “Enforcer” lock kit. Includes locks for trailer, kingpin and air cuffs.
      • Cost – $125.00 deducted from settlements $25.00 per week for 5 weeks.
      • Platform – Air cuff lock required. “Enforcer” $35.00 “War-Lock” $45.00
    • Communications ** – Landstar Communication Network Cost – $3.69 per week.
    • Electronic On-Board Recorder – All new hires will be required to have an E.O.B.R. (Electronic On-Board Responder) in their truck. Landstar will pay for the installation and the cost of the unit. Monthly cost to driver is only $27.22 per month.
    * Deductions for plate and permits do not start until the 5th week.
    ** A cell phone is required as a minimum communications device
     
    dlrjr1970 and cetanediesel Thank this.
  8. Cowpie1

    Cowpie1 Road Train Member

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    I was talking with the higher ups at my carrier. Seems, if the carrier has it's own trucks along with O/O leased on, and the carrier is running California at all, then the CARB policy is that 90% of all the trucks with that carrier be CARB compliant, or the carrier is not allowed in. If what I was told is true, then that would explain why many carriers will not take on an O/O with a truck more than a few years old. In my case, I have a glider with a pre-egr engine that I bought to replace my other truck last year and put it on with my carrier. They didn't hesitate, but that is because I was already with them. They stated that they will not lease on any other O/O that do not have CARB compliant truck, even if they do not ever run California so as to meet the 90% threshold. What they already have for non-compliant trucks on with them is all they will have. No more.

    Maybe someone who is more up to speed on all of this can fact check and see if this is a valid comment made by my carrier.
     
    russellkanning Thanks this.
  9. dlrjr1970

    dlrjr1970 Bobtail Member

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    Anyone know what Land star deducts each week for primary liability and cargo insurance.
     
  10. skateboardman

    skateboardman Road Train Member

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    flatbed heaven
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    zero is the deduction
     
  11. ltdutchprior

    ltdutchprior Bobtail Member

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    Does Landstar havea benefits program or an available low cost medical plan of some kind?
     
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