IS THIS A GOOD DEAL?
Posted Mon, Feb 15 2010 12:10 AM CST
KEVIN SMITH
Posts: 37

What happened to his truck would be the question I would have, this sounds fishy to me the way you presented it.If the truck is setting in the yard eating tag and insurance money and he can be trusted it might work.My quess is that the money would probably never be where it was supposed to be.So in other words he would run your truck shorting you on the money until you were sick of it or he got one bought someplace

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Posted Mon, Feb 15 2010 12:31 AM CST
WALTER BREWER
Posts: 50
Originally Posted by: CHRIS SHEA
Quote: "I have a friend who has hauled cows for many years, who wants me to drive one of my trucks hauling cattle.  He has the customers lined up, with rates from 2.85 to 3.50 per mile.  I will pay 13% trailer rent and cover all maintence except tires and brakes, and pay my friend 27% of the gross rate for driving, and dispatch.  Is this a fair deal for everyone involved? Thanks for your comments."

Who is driving this truck you or him? If you are driving them why 27% for driving and dispatch. 13% is good but not good if you have to keep tires and repairs up, that is the major expense of trailer. 13% and 27% makes 40%, I think I would find a new friend.

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Posted Mon, Feb 15 2010 01:05 AM CST
BOBBY WEST
WEST CATTLE CO.
LOWELL, OH
740-517-3423

Posts: 37

My o/o pulling for me pulls my trailer, I take care of repairs, he greases and adjusts brakes, I dispatch him, and he is running under my authority. I charge him 15% of the gross of the load. It actually would be a little more fair to me if I was charging 20% to be honest but he is a good hand...good cowboy as well as a reliable truck driver. Anyone who has done this long knows it takes a combo of both to make a good "bull hauler".

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Posted Mon, Feb 15 2010 04:48 AM CST
MIKE MC
Posts: 26

THAT IS CRAZY I PAY 15% MY TRUCK THERE WAGON THEY PAY FOR TIRES AND BRAKES I PAY FOR THE WASHOUT AND THEYDISPATCH ME

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Posted Mon, Feb 15 2010 07:05 AM CST
CHRIS SHEA
Posts: 3

I have a friend who has hauled cows for many years, who wants me to drive one of my trucks hauling cattle.  He has the customers lined up, with rates from 2.85 to 3.50 per mile.  I will pay 13% trailer rent and cover all maintence except tires and brakes, and pay my friend 27% of the gross rate for driving, and dispatch.  Is this a fair deal for everyone involved?

Thanks for your comments.

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Posted Mon, Feb 15 2010 08:27 AM CST
RICK GOBEL
Posts: 17

This is a very good deal, FOR YOUR "FRIEND".

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Posted Mon, Feb 15 2010 08:32 AM CST
RICK GOBEL
Posts: 17
Originally Posted by: CHRIS SHEA
Quote: "I have a friend who has hauled cows for many years, who wants me to drive one of my trucks hauling cattle.  He has the customers lined up, with rates from 2.85 to 3.50 per mile.  I will pay 13% trailer rent and cover all maintence except tires and brakes, and pay my friend 27% of the gross rate for driving, and dispatch.  Is this a fair deal for everyone involved? Thanks for your comments."

Nothing like getting cut off in mid post. Those are good rates, if that is what they are getting. the 13% for trailer rent is a good deal. The 27% for dispatch, and I hope your friend has a brokers licence, is not a good deal. I pay $25 a laod for dispatch, when I pay dispatch. When you total all of it you are going to pay 40% to your "friend".  Personally I would not do this, but good luck to you, whatever you decide.

 

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Posted Mon, Feb 15 2010 09:09 AM CST
CHRIS SHEA
Posts: 3

Thanks for your input.  What do you think would be a fair rate to pay my friend for his driving and dispatching.  I have the truck but he has the customers.

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Posted Tue, Feb 16 2010 09:22 AM CST
MARLYN
Posts: 17

you need a better friend  hay come pull 4 me and only pay 20 lol   good luck but don't do it

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Posted Tue, Feb 16 2010 10:04 AM CST
GARY BETHARD
Posts: 23

If I understand your deal, you will be receiving 60% of revenue to cover all truck expenses (except driver) and all washouts, lights, possible trailer damage etc. except tires and brakes.  Another question to think about; How will the driver be classified for tax purposes 1099 or employee which includes FICA.  That can cost you an additional 7.65% of the drivers pay.  Also, what about liability if there is an accident.  Will you be carrying workmans comp Insurance?  It's not my position to decide what is right for your business, but there are some additional factors to consider.  Good Luck!!

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Posted Thu, Feb 18 2010 05:31 AM CST
BRUCE WRIGHT
Posts: 24

No frigging way !

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Posted Wed, Feb 24 2010 10:18 AM CST
CASEY KETTLEBOROUGH
Posts: 5

i am an o/o and i pulled a trailer for a guy for 10 years and only payed 25% but he took care or all repaires and washout,tires and brakes,dispatch, damages based on the occasion

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Posted Fri, May 07 2010 03:16 AM CST
DANNY COPPESS
Posts: 10

Wow 25%? I pulled for a guy he took 18% he paid for all washouts and repairs. I bought my own trailer and he takes 2.5% for dipatch and paper work. I wont even say nothin about the original post.

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