Own Authority or stay leased on?

Discussion in 'Ask An Owner Operator' started by Cheesehead60, Sep 3, 2018.

  1. Cheesehead60

    Cheesehead60 Bobtail Member

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    I’m currently leased on to one of the bigger companies out their, I’m considering doing my own thing, my numbers are excellent, is 3000wk before profit a reasonable number, for lease on new truck trailer ect.
     
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  3. Hayfieldmn

    Hayfieldmn Light Load Member

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    You'll have to explain the 3,000 better, is that before the company takes there cut, and before or after your expenses, fuel, insurance, maintenance??
     
  4. Ridgeline

    Ridgeline Road Train Member

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    the first thing you all have to learn is this - the company doesn't take a cut, it is their customer, their money, you get what you get when they offer the load to you and you finish the work.

    The OP should stay where he is for a bit more and learn how this works.
     
  5. 77fib77

    77fib77 Road Train Member

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    Before profit? You average 3k a week after fuel and insurance but not truck payment? The megas have crazy truck payments. Prolly insurance numbers . Break it down for us .

    I'm leased onto a medium company.
     
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  6. 2 CHAINS

    2 CHAINS Light Load Member

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    Im leased to a company negotiating my own rates from DAT. Fuel discounts of .40c im currently avg. 2.74 gal for fuel or .41c mi fuel cost. No reefer rental fee. No reefer fuel. Access to national tire acct. 400 qtr bonus (live feed safety meeting 1 per qtr) also reimbursed for tags. Of 1800.00 yr. I get 70% . Some say i can do better with own authority. Is that the case even with perks i currently have. Currently my op cost are 1.20 been avg 2.10 (70%). I like the back office feel they do payroll collect my detention calculate Ifta free.
     
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  7. mover man

    mover man Road Train Member

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    If I understand your question correctly.
    You want to no if $3000 gross is a reas8nab6le number to average, with a new truck and trailer. ONLY you can answer that. Because only you no what your deductions are. I will say in most cases that is peanuts.
    $3000×4weeks=$12000
    Truck payment $1600
    Trailer payment $800
    Fuel $5800
    Insurance $600
    These numbers are made up. And just quickly off top of my head BUT.
    That leaves $3200 or $800 a week. And a whole bunch of stuff has not yet been paid. So your at less than a lazy company driver pay. Is that good for you?
     
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  8. adayrider

    adayrider Road Train Member

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    Your made up numbers are really rough
    5800/$3=1933 gal x 5 mpg=9666 miles/4 weeks is 2400 miles a week for $3000 or $1.25 a mile
    Can't be true
     
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  9. 2 CHAINS

    2 CHAINS Light Load Member

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    You might be surprised. I see a load that has 5 days to deliver covers 1215mi and pays 2000. And the broker will not budge because it finals in a hot lane . Somebody is gonna jump on it for 1.20 mi . I got 50bucks on the bet
     
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  10. TruckRunner

    TruckRunner Heavy Load Member

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    Hell no find my topic where I posted I had no idea I had to go through so much bs to get my authority. I thought it was like everything else pay a fee and fill out an application and be done. Then things I didn't understand no problem I am rich I just pay someone to do all of the BS but nope you have to jump through hoops yourself. I will just stay leased on and let the guy sitting on his computer 24/7 handle all of that.
     
    Lepton1 Thanks this.
  11. Lepton1

    Lepton1 Road Train Member

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    Facebook-2764d3.png
     
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