Well for starters I entered the business in 2008 . Most likely the worst time to get into the business. I had three teams for 1 year plus. They liked my system because I paid them when the delivery was made. 40% paid to the team at $1.55 a mile. I paid for fuel, tols,l and hotels when they had...
Actually I am doing well at Home Delivery. I have been with them for eight years now. I have four routes and we have been going through changes with the lawsuit forcing them to change. We are now considered independent service providers and we have one big contract. I was able to negociate a...
Right I know my contract is different from his. We tried for a few weeks to get them to change the rate because my team was making $1.35 and no one wants to lose money. They refused and we proceeded to take the truck back to Panther so I could sell the truck. After they removed the QC and they...
It's complicated because I was going to lose a lot of money or RI state tax and burn 1000's in fuel to get the vin checked by the state. Base plates are $25 dollars a week and all of a sudden I have two deductions for $200 bucks that say base plates. The truck has been getting worked on for a...
I was a owner for over two years at Panther and they get you comming in going with fees. Not only do they get big profits off the freight, but they like to make profits off the owners. Example I sold my last truck to a new contractor. They would not give him the rate I got until they removed the...
If your in a place like central Florida it's okay to take a load that gets you into a good area at a loss. Other wise your just going to deadhead. We just got a offer at $1.10 a mile pluse .10 cent fuel surcharge and it gets us to Houston, TX.
Before I would use debt settlement I would file chapter 11. Yes this will ruin your credit for seven years, but if it came down to the choice of losing a business or purging debt I would do it in a heart beat. You won't be able to get a new truck loan, but your expenses per month can come way down.
I am pretty sure no matter where you were around Christmas and New Years it was pretty slow for a few weeks. Panther boards were full of trucks that went home for the holidays. Many shippers shut down until after new years day. I had trucks in Detroit, Columbus and Sandusky and nothing was...
Beware I have had my oil cooler fixed recently and it failed, but they found a way to charge me again with out covering previous work. Recently I was charged another $2000 dollars and on the first run the fuel issue that they took care of is worse then it was before they fixed it. Stay as far as...
I own three straight trucks and I am thinking about adding a tractor. I need to know how the big boys solo and team are running. How many miles are you running each week and how many reduced rate runs are offered. If you have a tractor with 53 foot dry van or flatbed you can combine three or...
geez how much is the OP's truck payment? .97 cents a mile seems very high considering O/O in LTL get about .90 cents a mile plus fuel surcharge and they drive fuel gulping tractors.
The point being if it's been more then 24 hour since you got a load and the area is full of trucks you have a chance to get a paid move to a better loacation. What happens if you turn down the reduced rate run and you sit another 36 hours. I will take my chances and take the $122 dollars to...
I guess you can't really micromanage in this economy. What if this load that makes you $122 leads to another load that makes you $500 or $600? Then it would be worth it right?
I should feel good about being with Panther because I have not gotten any load offers that low. I have gotten a few $1.10 offers, but they were long miles with very little deadhead maybe 15 miles. Useally they averaged out because the next few loads would be at full rate $1.55 plus fuel surcharge.