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Posts Tagged owner operator

SURVEY

We have often discussed the abuse and scam of the owner operator lease purchase program as practiced by many trucking companies.  Although there are companies that have excellent lease purchase options for the owner operator wannabe, studies have shown that the failure rate for this program is extremely high.   Those who fail in this option are often referred to as not being business savvy, thus the reason for their failure.   I contend, that the owner operator lease purchase plan, as offered through a large majority of companies, is completely designed for the drivers’ failure.

A few years ago I stumbled on a report by a third-party service which had actually collected data on this issue.  According to their research, this program showed to have an 87% failure rate.  Finding that report again, or any other such data on this matter has proven to be impossible.   Therefore, we would like to attempt in conducting our own survey into the success or failure rate of these most commonly known trucking companies and their lease purchase options.

We will let it run for a long period of time so to collect as many responses as possible, in order to reach as fair of a conclusion as possible.  Although it is not 100% scientifically sound, perhaps we can gather more recent and current stats on this issue which has always been a big problem for the industry.

Click Here to take survey

© 2009, AskTheTrucker. All rights reserved.


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Owner Operator Lease Purchase Program Survey

We have often discussed the abuse and scam of the owner operator lease purchase program as practiced by many trucking companies.  Although there are companies that have excellent lease purchase options for the owner operator wannabe, studies have shown that the failure rate for this program is extremely high.   Those who fail in this option are often referred to as not being business savvy, thus the reason for their failure.   I contend, that the owner operator lease purchase plan, as offered through a large majority of companies, is completely designed for the drivers’ failure.

A few years ago I stumbled on a report by a third-party service which had actually collected data on this issue.  According to their research, this program showed to have an 87% failure rate.  Finding that report again, or any other such data on this matter has proven to be impossible.   Therefore, we would like to attempt in conducting our own survey into the success or failure rate of these most commonly known trucking companies and their lease purchase options.

We will let it run for a long period of time so to collect as many responses as possible, in order to reach as fair of a conclusion as possible.  Although it is not 100% scientifically sound, perhaps we can gather more recent and current stats on this issue which has always been a big problem for the industry.

Click Here to take survey

© 2009, AskTheTrucker. All rights reserved.


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Better Fuel for the Trucking Industry

Better Fuel Better fuel mileage and cleaner emission control is always on the mind of trucking companies and many owner operators, especially these days.   BetterFuel.org is an organization providing and promoting fuel saving technologies with the use of Ethos.   As their site explains:

Ethos is a product that is added to fuels to help engines burn fuel more completely.  Ethos is non-toxic, non-hazardous and works with any fuel used in cars, trucks, buses, ships, trains and generators.  Ethos is free of carcinogens and is not derived from petroleum.  It utilizes cleaning and lubricating esters suspended in a mineral oil base.”

One gallon of Ethos FR treats 1,280 gallons of fuel, while four gallons will cover 5,120 gallons.   Studies have shown that this product are the following:

Ethos

  • Non-toxic, Non-hazardous
  • Extends Engine Life
  • Reduces Maintenance
  • Bridges the Lubrication Gap

You can see the difference that Ethos FR had when tested on two separate engines.   BetterFuel.org will come to your place of business and provide testing on your vehicles showing you the end results.  They will then implement a technology of your choice or one that they have tested and proven to be sufficient.  They will then compare the difference between the two test results.  This will allow you, as a trucking company or owner operator, to view what is really happening within the vehicle’s engine.

BetterFuel.org is showing proven technologies for fuel saving and emission control products.  Technology is getting bigger and better with products that will increase the life of your truck’s engine which, without a doubt, will lead to more dollars staying in your pocket as a professional driver or fleet owner.   Stay up on the newest technology for trucking fuel and emission products.  Check out:  BetterFuel.org

Allen



© 2009, AskTheTrucker. All rights reserved.


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Trucks Shine at The Great American Trucking Show

The 2009 Great American Trucking Show pulled off another great event this year.  As the 2nd largest trucking show in America, those nice rigs … and I mean those REALLY nice rigs … were nothing but shine!

For those who have received our eBook:  The Best Truck Driving Jobs . . . A State by State Guide, you already know about John Christner Trucking out of Oklahoma.  An excellent owner-operator company, plus . . . a fellow “Okie.”   But check out their rig from the 2009 GATS event:

John Christner at GATS 2009

Eye catching rig, don’t you think?  John Christner Trucking was just one of many on display this year and we are already looking forward to GATS 2010!

Allen

© 2009, AskTheTrucker. All rights reserved.


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Trucking Lease Scam Perfect for DAC Lies

Owner OperatorThe trucking company owner operator lease-purchase scam.  I’ve talked about it … I’ve written about it … I’ve done talk shows about it.   Truth About Trucking was established with one goal in mind:  to provide the answers to the insider secrets of the trucking industry for new CDL students and drivers.  All those things that every veteran driver knows about, but, for whatever reason, few would discuss.  Four years ago, we changed all that.

Suddenly, there was someone actually talking about the scams of OTR trucking.  Scams, that every newcomer to the industry should be aware of, in order to know exactly what they are getting into when it comes to long haul trucking.  Furthermore, by understanding and realizing the Truth About OTR Trucking . . . they would be better prepared to face those situations head-on and know what is to  be expected of them in order to survive and make it in the OTR trucking game.

Being available through email, phone and from our Truth About Trucking “LIVE” talk radio show, I have received thousands of questions from students and new drivers.   It is the best part about being involved with an informative on-line format.   Still, I find that trucking companies continue to prey on drivers’ hopes and dreams and wanted to reiterate in this post about one of the BIGGEST scams in the trucking industry:   the Owner Operator Truck Leasing Program.

Here is a comment that was just made from our online petition to stop false DAC reporting:

“I RECENTLY SIGNED A TRUCK LEASE WITH A COMPANY CALLED  XXXXX , THE TRUCK PAYMENTS WERE OVER $1000.00 PER WK.  BUT I WAS TOLD MY TRUCK WOULD BRING IN OVER 4500 PER WK AVERAGE.   THIS NEVER HAPPENED, SO AFTER STARVING FOR A COUPLE OF MONTHS AND LISTENING TO THEIR BULL,  I FINALLY TURNED IN THE TRUCK.  BUT NOW MY DAC REPORT IS NEGATIVE.”

For all of you new CDL students and new drivers trying to break into the industry, be very leery of these trucking company lease purchase plans.   This is a big money maker for these companies and the chances of you succeeding with one of these plans is highly unlikely.   I know that many of you would really like to be an owner operator and these purchase plans are so enticing, but the best way to be an O/O is to drive several years, save up the down payment and purchase the truck on your own from a reputable dealer . . . NOT A TRUCKING COMPANY.   The only exception to this “rule” is obviously, if you have worked for a company for a good length of time and know for certain that they are a good, reputable company and one you can trust.  Until you have some serious background experience with them, stay away from leases!

One of our highest rated shows on Truth About Trucking “LIVE” was about this very subject.  I would urge you to give it a listen if you missed it:

Remember . . . there are many fine trucking companies out there to work for, but you will have to build up between one to three years of driving experience before you will be considered for hire.  There are also very good companies that offer CDL training other than those we all hear and know about.  Keep in mind, with the current state of the economy, companies such as these may not be accepting new students right now.

The point here, is that OTR trucking does work for many drivers . . . but a successful career in trucking does not happen overnight.   It can, literally, take several years.   Understand the scams that exist within OTR truck driving and know what to be suspicious of when it comes to this industry.  One of those things is the Lease Purchase Plan.   Not only will they use it to rake in more of your hard earned money, but when you cannot hang on any longer . . . they will turn around and place a negative report on your DAC, hitting you twice and very possibly ruining your truck driving career.

I’ll say it again . . . Until you have worked for a company long enough to know that they are a good and honest employer . . . then . . . Stay away from trucking company leases!

To your success in trucking,

Allen Smith

© 2009, AskTheTrucker. All rights reserved.


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Trucker Offers Advise on Buying a Used Semi Rig

If you’re considering becoming an owner operator, obviously the most important decision you will make is in the purchase of the truck.  Many drivers will look for that truck with all the shiny chrome and “toys” that come with it … and that’s fine, as long as they know they can move the freight they need in order to make the payments.

However, always keep in mind that when entering into trucking as an owner operator, you must face the situation as a real and viable business venture.  There are many good, used semi trucks that one can purchase for around the $15,000 mark, that will get the job done.

Here’s a great post by Trucker Jim giving valuable insight into what you need to know when buying a used semi truck ….

Allen

© 2009, AskTheTrucker. All rights reserved.


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Freight Broker Optimistic about Trucking

Jack Martin of A1 Freight Broker Training was our special guest last night on trucking talk radio: Truth About Trucking “LIVE.”   Pointing out the downturn in the economy and the effects the recession has had on the trucking industry, Mr. Martin continues to assist owner operators and new trucking company owners in knowing how to succeed in the business, even during a recession.

Offering a special promotion through the end of May, 2009 – you can receive an online consultation course with Jack Martin, normally valued at $375 …. now, for only $200.   As one of the top freight broker trainers in the country, give Jack a call or email to find out how you can increase your profits through building your own customer base and running your own broker business.

Allen

© 2009, AskTheTrucker. All rights reserved.


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How to be a More Successful Owner Operator

When freight forwarding giant, DHL from their Atlanta, GA office, pulled out of the U.S., they called Jack Martin for help in training.  Owner of A1 Freight Broker Training, Jack Martin is the recognized leader and will return as our special guest on Truth About Trucking “LIVE”Tuesday, May 5th, 2009 at 7:30 PM EST.

Jack Martin

Discussing how to build your own customer base, the importance of checking credit and the outlook of freight and factors for the new incoming truck driver, we’ll take a look, not only at how you can be a more successful trucking owner operator with your own freight broker business, but how many of his clients have been able to leave driving and have built their own successful home-based business.

Owner Operators: How to be More Successful in Trucking —   Only on Blog Talk Radio

Mark your calendars and we’ll see you there!

Allen


© 2009, AskTheTrucker. All rights reserved.


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Truck Owner Operator Lease Purchase Programs

Are you wanting to become a truck owner operator and considering the trucking companies lease purchase program?  Have you been told you can make $100,000 plus per ytruck owner operatorear as an owner operator?  No credit check, no money down, own your own truck through one of the trucking lease purchase programs?

Monday, April 13th, 2009 – 7:30 PM Eastern Standard TimeTruth About Trucking “LIVE” talk radio looks at these lease purchase programs and explains the facts about truck ownership through lease purchase and wants you to fully understand the Federal Truth in Leasing Law.

Join Allen for this important discussion and call in and join the conversation.

Owner Operator and the Lease Purchase Programs

Only on:  Blog Talk Radio

Update:  4-13-09 @ 21:54 hours :   Had a great show about these lease purchase programs this evening.  appreciate all the callers and chatters.  If you missed the live show, we have posted it here for you to listen to at your leisure ….

Next show is Wednsesday, April 15th, 2009 at 7:00 PM ESTVirginia Law Enforcement Breaking Federal Trucking Laws – See you there!

Allen

© 2009, AskTheTrucker. All rights reserved.


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CDL Students focus of Trucking Talk Radio Show

Truth About Trucking “LIVE” focused on the current state of economy and the impact it’s having on CDL students and recent CDL graduates.  The radio show which aired this evening at 7 PM EST welcomed the expert advice from SilverSurfer of The American Driver and Ken Bons, Vice President of Eagle Training Services, Inc., a highly rated CDL truck driving school based out of Illinois.

For those who missed the live broadcast, you can catch it here:

Next show is scheduled for Monday, April 13th, 2009 at 7:30 PM Eastern Standard Time.   Owner Operator and the Lease Purchase Programs – Only on Blog Talk Radio.  Look forward to seeing you there!

Allen Smith

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