Sheridan Logistics Group and percentage of load gross

Discussion in 'Heavy Haul Trucking Forum' started by allendriven, Mar 17, 2022.

  1. allendriven

    allendriven Bobtail Member

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    I got offered a spot with Sheridan LG. Can anyone tell me if this is as good a company as it seems? I have about three or four years of step deck and flatbed experience mostly hauling equipment but have no RGN experience. I'm hoping to change that with these guys. Also, the pay is 22%of net line haul, minus permit costs. I only took a % one other time hauling hay in CA. That was 25% of the gross load, but having no idea what hay went for, (I didn't even realize how many different types there were), I have no idea if I was doing good or getting screwed. I guess I still don't know if I'm asking whether 22% is a good amount or not. And now that everybody seems to be going 1099 guess I'll have to start figuring out taxes too. I'll save that for another forum. Any inside information would be appreciated, thanks ahead of time! Keep it shiny side up Brothers and Sisters!
     
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  3. REO6205

    REO6205 Trucker Forum STAFF Staff Member

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    I'm going to move this to the Heavy Haul section. There's some guys there that can answer your questions.
     
  4. little cat 500

    little cat 500 Road Train Member

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  5. allendriven

    allendriven Bobtail Member

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  6. Rontonio

    Rontonio Road Train Member

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    My question goes like this….

    If the company can’t afford to pay employees as employees, but instead chooses to try and short legal responsibilities- how likely are they to follow the myriad of rules and regulations required to safely operate a heavy haul operation?

    Do you really want to risk your license, finances and safety?

    you will not be covered by workman’s compensation insurance a 1099 contractor.

    running without the proper permits can result in extraordinary fines - written to the driver.

    Good luck!
     
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  7. LtlAnonymous

    LtlAnonymous Road Train Member

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    This. 1099 employees get hung out to dry when things go wrong.
     
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  8. allendriven

    allendriven Bobtail Member

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    It seems like everyone, eventually, is headed for 1099 as a direct result of AB5. This company is a major military contract hauler. Course with the Talking Head in the WH, that could mean a war or total military dismemberment. Feast or famine? :confused:
     
  9. REO6205

    REO6205 Trucker Forum STAFF Staff Member

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    They're going to pay the driver 22% on 1099 after permit costs?

    Am I missing something here or is this guy getting hosed?
     
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  10. allendriven

    allendriven Bobtail Member

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    That's why I was asking when I was hauling hay I was getting 25% of the load and that was on a W-2
     
  11. kylefitzy

    kylefitzy Road Train Member

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    Ab5 is literally to stop companies paying employees (that should be on a w2) as independent contractors(on a 1099).

    No truly legitimate company is “moving toward” or ever has paid employees on a 1099. That’s called tax fraud.
     
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