Who to lease onto?

Discussion in 'Ask An Owner Operator' started by American-Trucker, May 7, 2011.

  1. American-Trucker

    American-Trucker Road Train Member

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    I'll get the ?'s out of the way first.

    1. Yes I know I'm still a new driver
    2. I'm not planning on doing this RIGHT NOW
    3. I'm in NO hurry
    4. Been reading and researching being an O/O for 5+ years now
    5. Yes i'm sure I'm not crazy
    6. Yes I'm seriously considering doing this
    7. I'm just starting the Get serious and put my plan together stage now....so help is appreciated!

    Ok now that thats out of the way, to the purpose of this thread......

    I have YET to decide what I'd would like to pull, Most likey I'll be pulling a Van or Reefer, POSSIBLY a flatbed (currently I'm debateing whether or not to switch to out Flat bed said and give it a try).


    Here's the BIG ?: Who can I lease Onto that I can actully make money at?

    I know I can lease onto W/S anytime after October, but to make $ here as a O/O you need to either be on the Flatbed Side or Do allot of Furniture....Yuck!:biggrin_2552:(furniture)

    I looked at Mercer since they have Flatbeds and Reefers but they require you to be 25 years old...thats a little far off.

    I looked into Landstar, since they do Vans, Reefers, Flats, but they require you to be 23, and I read somewhere on here recently (not sure if its true) but they are requireing there new drivers to install EBOR's?:biggrin_2554:

    Other then leaseing onto a Big carrier like swift or somthing like that, are there other good companies a 22 year old Driver with 1 year OTR and a 5year old or new truck can lease onto and make decent money?






    And just in case you havent been stalking me in the other threads over the last 2 years, I'm looking at getting a Peterbilt 386, or a KW T660 if i can find one for a good deal with a Studio Sleeper...:biggrin_25511:. And yes not a new one 2006+.




    Thanks for any help you care to offer!




    Please dont turn this thread into a your crazy go to college thread....Thanks!







    American Trucker
     
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  3. American-Trucker

    American-Trucker Road Train Member

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    OH i do have a freind thats been leased to Allied Vans lines for like 12 years and says he can get me on there.......Any advice on this?



    American Trucker
     
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  4. Pedigreed Bulldog

    Pedigreed Bulldog Road Train Member

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    It would be best to get all of your experimenting out of the way on someone else's dime. As a company driver, work for a variety of companies, pulling as many different trailers as you can. Vans. Reefers. Flatbeds. Tanks. Whatever else you think you MIGHT like to do. Learn how to do it when you'll be paid for your time, rather than having to figure it out on your own when you have a truck payment due. Be careful that you do not get a reputation as a job hopper, though. Spend at LEAST a year running each type of trailer you are interested in because it will take that long to get the full idea of what's going on in that sector.

    While you are at it, keep track of what you are driving, too. What I'm talking about here is to learn as much as you can about each truck...how it is spec'd (engine, transmission, rear end gears, axle weight ratings, tire size, wheelbase, etc.), how it performs (fuel mileage, can it pull a hill, turning radius, etc.), and most importantly whether you enjoy driving it or if you dread getting behind the wheel every day. Keep track of EVERYTHING related to the trucks you drive as though it was your truck....maintenance intervals and costs, repairs and their costs, fuel and its cost. This information will be VERY useful when it comes time to buy a truck...you will know what YOU want to drive...how YOUR truck should be spec'd in order to work for YOU.

    When you figure out what sort of equipment you would like to run, start looking for a good company...one that has both company drivers and O/O's. Find a company that treats you well, where you make decent money, you enjoy running the lanes they operate....a good fit for you. Spend a year driving for that company, learning as much as you can about the way they operate. If you have a choice, select the pay option that most closely mirrors the way they pay their O/O's. If O/O's are paid on percentage, then you should work for percentage as a company driver. If O/O's are paid mileage, then you should work for mileage. This way, it will be easy to calculate what you WOULD have made had you been running your own truck.....fuel, maintenance, repairs, plates, permits, insurance, etc. Do not include the fuel surcharge into your calculations....use it as an extra cushion to cover unexpected expenses (there will be many). This will give you an idea as to how much truck you can afford. Talk to as many O/O's leased to the company as you can. Find out everything you can from them...the more you know going in, the less surprises will pop up.

    This year working as a company driver has other advantages, too...such as if dispatches are given based upon seniority, you have at least a year in before you have a truck payment to make so you won't be the low man on the totem pole.

    So now that you know how much truck you can afford, and a pretty good idea as to the specs you want the truck to have, it's time to talk to the company and let them know what your intentions are. Ask them what they expect out of the trucks they lease....age, condition, weight, etc. and keep those guidelines in mind when you start shopping for a truck.

    Now that you have all of the information you'll need, and work for the truck when you do find one, it's time to start shopping. Salesmen will try to talk you out of your specs and into whatever they happen to have on their lot. Don't let them. Know what you want and don't settle.

    Bottom line, do not rush into anything. Take your time, do your research, and be deliberate in your actions. The more you know BEFORE you sign on the dotted line, the better off you will be.

    And just in case you didn't already know, if your name ain't on the title, it ain't your truck and it most likely never will be. If you cannot pay cash or get a bank loan for a truck, you are better off remaining a company driver rather than being suckered into a lease/purchase program with a 95% failure rate.

    One last note, and this pertains to your age. Insurance is going to be the limiting factor until you are a few years older and have a few more years experience....another reason to take your time figuring out exactly what you want instead of rushing in full speed with your eyes closed hoping for the best.
     
  5. American-Trucker

    American-Trucker Road Train Member

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    Thanks, i'm not looking to rush into anything which is why i started this thread want to get it all worked out before i even think about buying a truck.


    I would never lease lol

    I've got insurance taken care of, they go By years since you got your CDL for "experiance" and I've had my Class A since March 2008 so buy the time i buy a truck i'll have plenty of experiance, and will likely be at least 23 anyway which is the next insurancce break i'll get.



    American Trucker
     
  6. REDD

    REDD The Legend

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    We do not have reefers here at Mercer. Flats, Steps, double drops, RGN's, & Van's is all we have.
     
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  7. REDD

    REDD The Legend

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  8. SHO-TYME

    SHO-TYME Road Train Member

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    You said you hate furniture, what does Allied do, MOVE furniture.

    The BREAK for you will be going from Outrageously Expensive insurance to just Really Expensive insurance and that break doesn't come till your 25. Why do you think most good companies won't hire under 25 year old drivers.
     
  9. BigBadBill

    BigBadBill Bullishly Optimistic

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    Since you have time on your side and doing all the planning, why are you not figuring out how to be an independent O/O. The more and more I talked to guys that are leased onto someone the only way they are making more money now is the increased FSC. Unless they are with a reputable carrier and getting % of revenue.
     
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  10. American-Trucker

    American-Trucker Road Train Member

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    Oh my B I could swear a member here leased onto them for reefers, outerspacehillbilly maybe i donno maybe it was dry vans haha


    Ya i saw that last night, but i'm guessing the special exceptions would probably mean lots of experiance or something, but i wont rule them out since they sound better then LandStar.



    I really wanna try our Flatbed Devision but I dont know if i can do it haha. I mean I can oviously drive and I'll be the guy with 10 chains on things that only need 4 :biggrin_2559:. But I'm not that big and not sure I can tighten down chains and straps as tight as they need to be or fight tarps in the wind:biggrin_25511:. I dont like to half ### stuff and our FB training is only 3 days:biggrin_2556:



    I might try it and see if i got what it takes....:yes2557:





    American Trucker
     
  11. American-Trucker

    American-Trucker Road Train Member

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    completly differant, we do LTL furniture delivery, they do trailer loads, and if they are anything like United Van lines they do more then Bed Bugging with those trailers.



    And as for the insurance, i know that i'm not stupid. And thats fine with me, when I want to do something i DO IT! I dont let little things stop me.





    American Trucker
     
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