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What is good % for leasing on to grain company

Discussion in 'Tanker, Bulk and Dump Trucking Forum' started by markk, Jul 2, 2016.

  1. Jul 2, 2016 #1
    markk

    markk Medium Load Member

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    So I was offered 77% leased on . I had to cover tags and IFTA . trailer included in lease. hauling grain . Is this good ? One of their drivers told me it was 8% to company not 23% .
     
    markk, Jul 2, 2016
    markk, Jul 2, 2016
    #1
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  3. Jul 2, 2016 #2
    wore out

    wore out Numbered Classic

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    CHASIN THE DEVIL'S HERD
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    The way hopper bottom freight has been lately I would be real cautious.
     
    wore out, Jul 2, 2016
    wore out, Jul 2, 2016
    #2
    d o g Thanks this.
  4. Jul 3, 2016 #3
    markk

    markk Medium Load Member

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    i thought 23% was a way too much as one of his drivers said 8 owining his own trailer . I was also told by a driver for someone else that they paid 12% and he said that was a bit high .
     
    markk, Jul 3, 2016
    markk, Jul 3, 2016
    #3
  5. Jul 4, 2016 #4
    wore out

    wore out Numbered Classic

    15,503
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    CHASIN THE DEVIL'S HERD
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    7.5% to 8% brokerage is normal with your own truck trailer and authority, I haven't run any other way. I do know the amount of freight and rates are headed down pretty fast. I hope they recover during harvest
     
    wore out, Jul 4, 2016
    wore out, Jul 4, 2016
    #4
  7. Jul 5, 2016 #5
    Arky

    Arky Heavy Load Member

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    Jun 7, 2013
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    Just a guess, but you've thrown out several different numbers, so I'll give it a shot. 8% if you have your own trailer and authority, add 10% for running under their authority brings it to 18, then add 5 for the use of their trailer for a total of 23% to the company, 77% to the truck. You pick your poison and decide which of those levels you wanna be paid at.

    Personally, that extra 15% for pulling their trailer and running their numbers doesn't seem bad to me. But whether your 77% or 92% doesn't really matter if the rates suck to begin with.
     
    Arky, Jul 5, 2016
    Arky, Jul 5, 2016
    #5
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