To Good To Be True?

Topic 20593 | Page 1

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Aaron M.'s Comment
member avatar

So I woke up one morning to find a red paper wedged in my mirror on my truck.

One side of the paper had this information:

1. Average gross yearly income $225000 2. Mileage pay is from $1.22/mile up to $1.50/mile 3. You get 100% of the fuel surcharge added to that 4. You can run on paper or e logs 5. Most loads are terminal to terminal 6. You have a load choice 7. You can refuse loads 8. You can run the freight lanes you choose 9. Flexible home time, be home weekly or stay out 10. Full company benefits at the company cost 11. Orientation is a day and a half, then you'll be on a load 12. Earn over $4300 a week if you like to run 13. Miles available average 3500 per week or more 14. You can own your truck in 5 years, no balloon payment 15. 12 months recent experience otr required

The other side of the paper gave information about what trucks you can choose (freight, international, kw) with no money down or credit check and various other information about how much you are payed and the regions you can choose to haul freight in.

I drive for swift and actually didn't see this paper until I was about to leave the truck stop. I don't know if other trucks had this on their mirrors or not.

The name of this supposed company isn't listed but he did leave his first name and a phone number to call. I checked the phone number through google and I believe its a cell number.

Everything he mentioned seems to be what most truckers dream of which is why this sounds like one of those to good to be true schemes.

I thought about calling to see what's up but I think I better check here first lol.

Terminal:

A facility where trucking companies operate out of, or their "home base" if you will. A lot of major companies have multiple terminals around the country which usually consist of the main office building, a drop lot for trailers, and sometimes a repair shop and wash facilities.

OTR:

Over The Road

OTR driving normally means you'll be hauling freight to various customers throughout your company's hauling region. It often entails being gone from home for two to three weeks at a time.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.

OOS:

When a violation by either a driver or company is confirmed, an out-of-service order removes either the driver or the vehicle from the roadway until the violation is corrected.

Pete B.'s Comment
member avatar

No money down, no credit check. You've seen those businesses along the road, right? Usually in the lower-income side of town? Seedy. What you wrote, say it all out loud. It's not legit.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Bill F.'s Comment
member avatar

You'll need this...

QK1Co21.jpg

Errol V.'s Comment
member avatar

Consider the medium used: a paper slipped into your mirror. Not a magazine ad. This is similar to the pirate signs you see along the road, or stapled to power poles about "I'll buy your house for cash".

"Too good" for smart people. Do not be gullible.

mountain girl's Comment
member avatar

I was salivating till I read the part about truck ownership. There was the "catch."

Don't go there.

-mountain girl

Aaron M.'s Comment
member avatar

Well, that's all I needed to hear. In the garbage it goes lol.

Old School's Comment
member avatar
Everything he mentioned seems to be what most truckers dream of

Aaron, anytime you see something like this what should stand out as a big red flag is the things they failed to mention.

Their whole sales pitch was based purely on speculative revenue numbers, with absolutely no information concerning the costs involved.

A simplified business formula would be: revenues minus all costs, equal actual income. Personally I think a person leasing a truck (which is what this was all about) would be taking a real beating if they were working for 1.22 - 1.50 per mile.

Try thinking about it this way: Here's an individual who has the means to purchase trucks and put them to work on the road. For some strange reason he would rather lease those trucks out to independent drivers to operate and absorb the costs that will be incurred. He has done his homework and figured out the way to make money at this is to pass the ever unpredictable expenses of truck ownership off of himself and over to the drivers. Otherwise he would just hire some company drivers and keep all those outrageous profits to himself.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Tim H.'s Comment
member avatar

We've all heard the old adage "if it sounds too good to be true, then it probably is."

Aaron M.'s Comment
member avatar

This is why I'm a rookie and came here for experienced advice hehehe

mountain girl's Comment
member avatar

You came to the right place. Welcome to TT.

-mountain girl

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