Ready, Set,,,,Here I go.....

Of course LS means Land Star.... My company, that I am contracted with, had 5 trucks when I started with them Jan of 2014. They now have 4 trucks and 3 drivers and the company had an Ins issue that caused them to loose their Ins and shortly after they found a new Ins company, that company said they couldn't stay on till some things fell off. So, Ins for my company is too high, and they can't afford.it so, they either go under and loose everything or try something new. So, the CEO is going to sign his trucks, and mine, onto LS and run under their authority. Yes, we all have to fill out the LS app and qualify, not to mention all the trucks have to pass inspection. I have 18 more months left before the truck and trailer are mine, and I can't stand EOBR's but at this point, I have no choice because I am not going to throw away everything I worked so hard for, just because I don't like EOBR's. The flatbed board for freight in my running area does look better than what I have been finding on the ITS load board so, maybe I will be in better shape. I don't know what is going to happen but, I am going to do whatever it takes to own this truck and trailer, regardless......

 

LS pays 73% for those that pull their own trailer (65% to those that pull LS trailer), and that is a good question about what the Fleet owner will take off the top,,,I will definitely ask him tomorrow.. I would love to just buy this truck/trailer from him and I have a place I would go but.... this owner charges me nothing for my truck and only 6% for the trailer. I bet if I got a first time business loan, they would charge me 12% for the whole loan and I would probably have to pay for 3 years to pay off that new loan. I only have 18 more months to pay the current loan, so what would you do?

 

I think a Mentor thread is in order.... I am doing terrible out here with my business but just barely making it. Most would quit at my point but I just can't quit...

 

I am going to apply for a business loan and see what they say.... My goal is to own this truck and trailer because I do not want to quit! My oldest daughter thinks of me as a quitter and I want to change that thinking as well. I have been a quitter and most of my kids are as well so, it is my responsibility to change that in all of them.. My main goal in life at this point in my life is to have my family's respect, no one else matters....