So who knows what about Tri-Line? Look at this. Some kind of trap?
Are you currently a Company Driver wanting to become an Owner Operator or already an Owner Operator in need of a new truck?
If you have at least 3 years OTR cross-border experience, a clean abstract, FAST card or able to qualify for one, and most of all a strong desire to succeed. Tri-Line will help to put you on the road to success.
With one of the best pay packages and fuel subsidy programs in the business combined with Tri-Line's Owner Operator Development Program you too can take control of your future.
Tri-Line has arranged for a number of new 2012, fully equiped ProStar+ tractors for $0.00 down, low monthly payments with 100% ownership to you.
This opportunity is available on our Long Haul Cross-Border Flat deck Fleet. If you would like to learn more, please contact us for details.
TRi_Line Carriers
Discussion in 'Canadian Truckers Forum' started by Denadii Cho, Apr 14, 2011.
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Well. I spent about an hour on the phone with the aforementioned Dave Stremick. Personally I liked him. I think its probably a good deal for a younger person. I think I'm too old. Its really geared to younger drivers and I would not spit on it. Here is the letter he sent me this afternoon.
[FONT="]As per our conversation here is a little more information on Tri-Lines lease truck opportunity we currently have to offer. [/FONT]
[FONT="]We refer to this offer as our Owner Operator Development Program (OODP) . This program is focused on assisting qualified experienced company drivers to[/FONT]
[FONT="]successfully transition from being an employee to becoming an independent Owner Operator. This program is only possible as a result of partnering with our valued Suppliers. [/FONT]
[FONT="]Tri-Line will provide the security required (down payment) for you to qualify for financing and an environment you can succeed in. International will provide significantly reduced truck pricing with exceptional warranty protection. Our Financing partner will provide you with funds at a highly competitive fixed financing rate without Industry standard pre-qualifying requirements. [/FONT]
[FONT="]You will bring to the table, a clean and safe driving record, a positive attitude, a strong desire to become a successful Owner Operator. You can not currently be an Un-discharged Bankrupt, or in arrears on any government enforced payment requirement, IE: Child Support or tax repayment program to qualify.[/FONT]
[FONT="]As a successful applicant, Tri-Line would place you into a 2012 International ProStar+ Tractor. Equipped with a 475 HP Maxxforce engine and a 13 speed transmission on a 228 wheel base. The tractor has a High rise sleeper with an upgraded interior package. The truck will come with a 4yr, 800,000km Diamond Spec warranty; the engine has a 5yr. 800,000 warranty. For 3 yrs, towing if required for a warrantable cause is also provided. Truck is painted silver gray with a unique red and grey decal package. [/FONT]
[FONT="]This new truck will come equipped for Flat Bed hauling with necessary gear such as; Head Ache rack, Tool Box, and Beacons.[/FONT]
[FONT="]The original lease is for 5 years with the program structured to provide you with 100% ownership at lease end. Early buyout is available at 4 yrs with conditions. [/FONT]
[FONT="]The base cost with no money down is approximately $2300. per month. You would be required to contribute $0.06/mile into a maintenance fund to cover non warranted items such as tires, brakes and glass.[/FONT]
[FONT="]In addition you would contribute a minimum of $200. per pay to an equity account. to help cover off outstanding expenses in the event of an early termination. At the successful completion of the agreement Tri-Line will recover from the down payment ($13,020. + Interest) and the balance will be returned to you. [/FONT]
[FONT="]The OODP requires you to utilize the accounting services of TFS (Transport Financial Services). This supplier specializes in Owner Operator accounting and will be very valuable in helping you to learn the business side of becoming a successful owner operator. They would provide you with insight into how to structure you company and maximize you net earnings. [/FONT]
[FONT="]I have included with this note a draft copy of the OODP agreement form and a summary of our pay package. If you have any questions please call me. If you would like to get the ball rolling, please complete the attached application and fax it back with a current copy of your abstract.[/FONT]
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Me? I'm too old to lock in on a four to five year contract.Last edited by a moderator: Apr 14, 2011
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Who owns the new TriLine. Federal Industries got rid of them years ago after Payne sold out.
Then they went tits up if I recall.
Seems that they just popped up again not too long ago.
I noticed that the letter doesn;t mention a #### thing about revenue, only how much you have to leave in TriLines kitty. -
They are part of the Contrans Income Trust Fund Group which includes Laidlaw. I would say they are good to go.
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Other than a nice truck.... What do you think? -
You need to know the rates, cost of insurance,plates, and fuel surcharge calculations. What lanes do the run.
I'm not sure what the stats are in Canada, but in the U.S., only 10% of lease operators survive.
Be very carefull -
Never, EVER, enter into a lease agreement. It's never worth the money spent. It's always a ripoff for the driver. If it was such a great deal, Tri-Line would run the trucks themselves, and just have company drivers.
Canada Dry and Sarabeara Thank this. -
If you think about it it makes NO sense to tie yourself to a company for 5 years before ever turning a wheel for them. As stated before, very rarely due these lease deals work out in favor of the driver.
CanadianVaquero and TheHealthyDriver Thank this. -
It costs them less to move a load with an owner operator so that right there tells you that owner ops costs are less than company drivers.Last edited: Apr 15, 2011
TheHealthyDriver Thanks this.
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