Basically put, yes... Schneider Finance. Although the finance company and the actual trucking company don't interact with each other on a normal basis, they are obviously owned by the same people.
No one on the trucking side has any knowledge of my finance deal or anything else related to my business, and no one on the finance side has anything to do with freight.
Schneider Choice Program versus Landstar?
Discussion in 'Ask An Owner Operator' started by strawberryrhubarbpie, Sep 4, 2012.
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At this time, I don't have any reason to move really. Even though the freight I've seen on the load board is probably lower paying that you'd find at Landstar, there are several perks and benefits to working with Schneider:
- They have reimbursed me for all of the tolls I've paid out of pocket, with the exception of Indiana.
- They have health insurance for their contractors (basic plan is $35 per week)
- They handle all of the IFTA stuff so I don't have to mess with it.
- The truck I purchased comes with an extended factory warranty of 5 years/750,000 miles and has a bumper to bumper 15,000 mile warranty.
- I have several smaller insurance benefits like deductible reduction on accidents and cargo claims if I were to mess up
- There is a catastrophic failure protection on the truck if the engine or transmission were to fail.
- I have a big name company behind me, and I don't have to hassle with customers aside from checking in and picking up/delivering
- Lots of terminals where the shops do work for a lot cheaper than dealers and truck stops
This list can go on if I were to sit here all day and think about it. Also, this is the slow time of year for freight in general, so the $2.00 a mile freight may become more common when summer hits. I'm still very new so obviously I haven't seen everything there is out there. I know that if I were to stay in Texas where I live, there is a lot of drop and hook freight paying $7 - $10 per mile (average length 30 miles) running around the DFW metroplex and surrounding areas, and I could probably make a decent living at that running three or four of those loads per day.
I know from several O/O that I've talked to that Landstar, Farm2Fleet, etc are the best companies to sign on with for total freedom and highest paying freight. One of these days I'll probably save up enough cash to get my own truck or pay off this one and will consider that, but I also know that with those companies you are completely on your own, responsible for all paperwork, IFTA, etc etc. I don't think I'm ready for that yet. Maybe after I do my 3 year lease here I'll know a lot more and can proceed from there, but for now I can't complain overall.bowhunter3714 Thanks this. -
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Hey, y'all know how the saying goes right? Everything that's free, AIN'T always free
/// example; buy new steer tires which "come with free mounting", the guy that mounts them doesn't line the valve up correctly with rim, now your "free" mounting is costing you new steer tires in half the time! Watch out for all that free stuff, if it sounds to easy and good to be true, someone is trying to keep you just comfortable enough to get over on you.
LANDSTAR is a great company to be merged with I don't regret it one bit. I was deciding between SNI & LSTR at first, trying to weigh out the benefits of both and I think I made a great decision. I ended up finding great dedicated work paying 30%-%50 above the decent pay I was already making here ($1500-$2300 weekly net) and it's all what you make it. Nobody will hold your hand here at LSTR but corporate, the advisors, all the departments have always made an extra effort to make sure I understood their system and was catching on fast enough, which I was/// hope this was helpful
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I understand. Learn my friend, learn on! I would def recommend at least 1-2 driving exp, at least 1 year lease operator exp, previous business/financial exp, some to intermediate mechanical know-how, a whole lot of common sense, people skills, and a great inner guidance. Hope this helps.
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I'd like to think I have common sense, and I'm pretty good with people. Not so sure about the inner guidance, because the voices in my head aren't always the best source of advice, at least according to my common sense.
I'd like to eventually take a basic diesel mechanics course of some sort. Not anything advanced really, but enough to do basic maintenance and such myself. Big stuff is obviously better left to the professionals, but it would be nice if I could change basic stuff like filters, bad sensors, etc.
rickybobby Thanks this.
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