Prime's lease deal. The math gets done.
Discussion in 'Report A BAD Trucking Company Here' started by BigKid2, Jan 16, 2009.
Page 68 of 82
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If one has half a clue about driving a truck and running a business, you can't help but to make money in a lease here. But you do have to have that clue. I figure if one is implying this is not the case they're clueless. Best keep groveling to the boss for those pennies the clueless keep scraping up every mile.
Dryver Thanks this. -
If a guy is leasing with Prime and making more money than a company driver how is he getting screwed? How is the company winning? Someone with a brain please answer, no truckstop 'Flease' BS please.
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Prime wins because they don't have to pay payroll tax social security or medicare tax. That's on the driver since he's an independent contractor. The driver wins because if he can run the loads more efficiently than a company guy, and controls his costs carefully, he'll make more than the company guy, even with Prime taking its share of the linehaul revenue.
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Plus they also skim a little off acc. charges that they bill the customer for and tell the lease operator that the will in turn be compensated 100% of what the customer was charged. This in fact is a lie! I was a flatbed operator many years ago for Prime and was in the office of one of Primes' customers when a lady was looking over some freight bills from Prime. She left them lay on her desk and walked away. I noticed a tarp charge on a load that I regularly pulled out of this customer. Mr. Low billed the customer $100 to tarp the load. He only paid me $50 to tarp the load. So if you figure we pulled probably 700-1,000 loads out of there per year that a nice piece of change Mr. Low slips into his pocket. Now that is just for one customer. Multiply that by the thousands of customers Prime has.
Don't think for a minute that Mr. Low cares about you whatsoever. He cares about one thing and one thing only.....HOW CAN HE SCREW YOU OUT OF $$$$$ ANY WAY POSSIBLE. How in the world do you think he could afford to build that beautiful terminal?
jeff18 Thanks this. -
Edited to another post.
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