Typical Leased on Tractor Only

Discussion in 'Ask An Owner Operator' started by Swift09, Aug 19, 2019.

  1. Swift09

    Swift09 Bobtail Member

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    What are ball park numbers if you lease on to a company and own a truck only? All scenarios are welcome. Thank you
     
  2. Wespipes

    Wespipes Medium Load Member

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    The range varies greatly!
     
  3. Cabinover101

    Cabinover101 Medium Load Member

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    $1 - $200,000
     
  4. stuckinthemud

    stuckinthemud Light Load Member

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  5. Swift09

    Swift09 Bobtail Member

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    Thanks for the replys. I guess I should be more specific. What percentage of the gross are you getting? And of what the company takes what does that cover typically? Say you get 70 to 75% what are you responsible for and what does the company cover? I've seen 87% but I'm sure that's having truck and trailer both. Thanks again!
     
  6. Wespipes

    Wespipes Medium Load Member

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    Landstar takes 35% so you make 65% that's using their trailers

    Most other outfits will take 15% you make 85% that's you using your own trailer. Basically they just dispatch you
     
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  7. starmac

    starmac Road Train Member

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    It depends on who you leae too, some companies furnish all insurance, except bobtail, and workmans comp. Base plates ifta, hut . some that just charge 0 to 15 % may just furnish the name on the door, and you find your own freight.
    Some will have at least some direct freight, others will just use brokers.
    Some will either rent or sell you a trailer, some won't
    Some will be a set mileage, while others will be a percentage.
    Unless there is a lot of drop and hook involved, I would have a hard time renting a trailer from most carriers.
    The percentage or fees they charge, will buy or rent a trailer else a much better deal.
     
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  8. Ridgeline

    Ridgeline Road Train Member

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    It doesn't matter.

    The reality is that what they give you should be based on what they get.

    If you have a company that only produces low rates, then it doesn't matter what they take ... you get a percentage of cheap rates.

    Pick a company that produces money.
     
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  9. GreenPete359

    GreenPete359 Road Train Member

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    Back it down. He hadn’t even made it that far yet.

    Op. It varies widely. The carrier should cover both liability & cargo insurance. They may or may not cover tags & ifta.

    It’s all in the contract that you sign, every company has their own. What you need to do is figure your numbers out (some good leads for that have already been given). Then decide how in depth you want to go with your own back office.

    If you are not a paperwork and numbers kind of guy, i suggest finding a company that takes care of everything for you. They will pay the lowest percentage.

    If you can pull your own weight in the office, find a company that puts the responsibilities on you.
     
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