Need Advice ASAP. Own 2 trucks that are in a Lease Management Program...

exhausted379 · Jul 8, 2015

J Reed said: ↑

I own 2 International Prostar Sleepers, and we have put them in a Lease Management Program. We cover the payments on the trucks, as well as maintenance, insurance, etc. We have hired drivers to run the trucks. The "Management" company is in charge of the freight and dispatch. The management company provides us with a settlement report each week, but they are only including the Driver Summaries (the amount they are paying the driver for each run) in our settlement report. I just know something is NOT right about this, because we have been told every week that we are going more and more negative, instead of making any profit. The drivers on the other hand are bringing home $1200 at minimum a week. Again, we are the ones paying the notes on these trucks, so am I wrong to question this? On each report it also shows the drivers are being payed a fuel surcharge for each run.We are being charged for all of this fuel, why are the drivers being reimbursed? Shouldn't the reimbursement for fuel be going to us?

Any help would be GREATLY appreciated. We have truck payments coming up in the next couple of weeks and haven't made a dime on either one of our trucks.[/QUOT I don't know who we is, but "we" need to get in those trucks and drive them yourselves and hope like hell you can pull out of the fire. Otherwise, sell them as quick as you can and call it a day.
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Need Advice ASAP. Own 2 trucks that are in a Lease Management Program...

exhausted379 Road Train Member

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Need Advice ASAP. Own 2 trucks that are in a Lease Management Program...

exhausted379 Road Train Member

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