Prime has a new guarantee program that started on June 1st. From what I understand, all new contracts will be on it, and all old contracts can get on it if they want but can stay on the old program.
The new guarantee is as follows:
Reefer and Flatbed $1.02/mi, Tanker $1.15/mi over 100,000 miles like the old .95/mi guarantee. The major difference is with the fuel surcharge, now instead of getting 100% of fuel that the customer pays, you will now only get the guaranteed fuel surcharge. If the customer pays more than the guarantee the excess is put back into the linehaul at the 72/28 split. So if a customer was currently paying .50/mi in fuel you'd get the 41.5/mi that is guaranteed, and the excess 8.5 cents would go back into the linehaul 2.4 cents would be kept by Prime and you would get 6.1 cents of it.
New Guarantee Program
Discussion in 'Prime' started by sazook, Jun 14, 2011.
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Any company that tries these tricks needs to be avoided, most the time they are just looking for a way to line their pockets on the backs of O/O's.
American-Trucker Thanks this. -
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