Team O/O's With Own Authority

Discussion in 'Ask An Owner Operator' started by " OPTIMUS PRIME ", Jan 10, 2011.

  1. " OPTIMUS PRIME "

    " OPTIMUS PRIME " Light Load Member

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    So are you telling me that the companies that lease pays more than the avg. per mile rate from broker as of now? Last time I check you could pull dry freight on a reefer.

    How would we be the first to see when freight gets cut if we are using multiple brokers, I don't understand this? Care to show us what the line haul sheet says.

    Where is that?

    We are fully aware of the responsibilities that comes with your own authority, and more than capable of handling them. Besides I also think it gives you more independence by handling all of your paperwork yourself.

    So why aren't you with landstar? That's what kills me with allot of these O/O's today is all of the "Gloom & Doom" :biggrin_2553::biggrin_2553:stories of why you shouldn't become an o/o. If this was the case then why don't they all just choose another career. It's really not that complicated. But if you believe in Landstar why aren't you with them?
     
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  3. " OPTIMUS PRIME "

    " OPTIMUS PRIME " Light Load Member

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    Yes I'm aware of this also but starting out the first couple of weeks is not going to be 6,000 miles we have to work our way up to those miles.

    If you think I'm going work four weeks straight and not get any funds when their is a such thing as "Quickpay, Fuel advancements, and Factoring" then you are sadly mistaken my friend. This is 2011/12 In this day in age I want my money$$$ as fast as I can get it!!! And yes, I'm also aware of the fees applied for using these payment methods.
     
  4. fortycalglock

    fortycalglock Road Train Member

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    [quote=" OPTIMUS PRIME ";2285207]So are you telling me that the companies that lease pays more than the avg. per mile rate from broker as of now? Last time I check you could pull dry freight on a reefer.
    Believe it or not there are quite a few places that won't load a dry load on a reefer. I never would have thought it myself, until I experienced it with my 53's. I would never work for a mileage lease, so no that's not what I'm telling you.

    How would we be the first to see when freight gets cut if we are using multiple brokers, I don't understand this? Care to show us what the line haul sheet says.
    Um, lets use common sense here. Companies broker out there excess freight. If freight slows down, they make sure their leased or company trucks get the freight first. I'll have to see what I can do on the line haul sheet. I believe it's part of the lease packet, but I need to make sure. I had a good haul out of Allentown to Chicago from a great TMC agent that went away in the recession.

    Where is that?
    Landstar

    We are fully aware of the responsibilities that comes with your own authority, and more than capable of handling them. Besides I also think it gives you more independence by handling all of your paperwork yourself. That right there is funny!:biggrin_2559:

    So why aren't you with landstar? That's what kills me with allot of these O/O's today is all of the "Gloom & Doom" :biggrin_2553::biggrin_2553:stories of why you shouldn't become an o/o. If this was the case then why don't they all just choose another career. It's really not that complicated. But if you believe in Landstar why aren't you with them?[/quote]
    What did you not understand. I've been with LS for two years and have never been happier. Trucking just came out of a viscous cycle that bankrupted many o/o's and companies that weren't well enough prepared. I myself liquidated my other trucks, and in the process lost $100,000 and laid off drivers, but I scraped by. To top it off, there are many signs of a double dip recession, depression, whatever you want to call it. So yeah, you'll get a lot of gloom and doom from guys that survived, when new o/o come on here and are underfunded or undergunned to be out here.

    You said you didn't want to be a statistic, so I offered my advice. Obviously, you didn't want advice, so go for it. All I was trying to tell you is that you'd make more money leased to a good percentage carrier, which you don't want to hear. Have fun making less money with more work.
     
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  5. " OPTIMUS PRIME "

    " OPTIMUS PRIME " Light Load Member

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    Thank you for your advice first and fore-most. I didn't know you leased with landstar I thought you had your own auth. right now.
    So what about the all those restrictions like any other carrier, no wreckless, no speeding, no this no that!!! It's just to much for me, and then as soon as you get a ticket you don't qualify to lease anymore.

    You got me on the dry van reefer freight. I really didn't know that as well.

    What trailers do you haul, type and do you think landstar has a good team division, miles and percentage, and fsc?
     
    SheepDog Thanks this.
  6. SheepDog

    SheepDog Road Train Member

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    I know that if you buy your truck yourself and do not do a lease with the company that you contract with, you do not have all the "cant do's" that the leese operators have. I would never, I say NEVER, pay money for a truck and than be told what to do with it..LOL I wouldn't do that with anything. I understand contracts and I plan on signing with a percentage company but really would like an O/O only company.
     
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  7. " OPTIMUS PRIME "

    " OPTIMUS PRIME " Light Load Member

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    If you have a truck already, and run under their auth. and ins., do you have to meet their requirements?

    I'm trying to see what the diff. is between lease on to their auth. and signing a contract, because I thought they were the same.
     
  8. fortycalglock

    fortycalglock Road Train Member

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    It appears Sheepdog doesn't know what he's talking about, which has become usual around here. A lease purchase is completely different from leasing your truck to a company. Of course you have to meet their requirements. It appears you might have some issues on your license which is why you want to run your own authority. That may be your only route. Have you got an insurance quote yet? You might be pretty disappointed if you have a reckless. I'd be calling OOIDA and get a quote before I made any other preparations.
     
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  9. " OPTIMUS PRIME "

    " OPTIMUS PRIME " Light Load Member

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    I don't have any issues on my license, my wife does. She has a 2 speeding tickets a year apart and a few non moving violations, all in her personal vehicle though. But still it's a hassal that I can do without.

    I have also checked on insurance and received a quote on our tractor and trailer for $673 a month from A+ insurance Ashland, Va. I don't think that is disappointing at all. But if you think so, then thats your own opinion.
     
  10. fortycalglock

    fortycalglock Road Train Member

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    No that's a decent quote. You were asking about reckless driving in an earlier post. I do believe teams are given more leeway, driving record wise, as they are very desirable to carriers. Good luck.
     
  11. LSAgentOZR

    LSAgentOZR Road Train Member

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    I'm with Fortycal. He's proven to me over the past several weeks to be very level headed and smart when it comes to this business. I'd stay away from OOIDA though if you plan on becoming an approved carrier with Landstar. They do not get along.
     
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