As long as YOU pay their truck payment, they do not care. Your right IT IS A SCAM GET OUT of that mess. You will make MORE as a COMPANY DRIVER. Go to a BETTER company.
As much as I disagree with over regulation, I wish lease purchases were banned. They bring rates down for everyone. Swift is able to run this driver ragged for 500 bucks a week and that's if his truck doesn't break down. The mexican drivers are making more than that.
You are the classic example of somebody who jumped into owning the truck that has no absolutely no idea what it means to own a truck and how to run one profitably.
True and I hope he takes this not as critism it's just reality. He wants to be dispat he'd good loads and is probably hauling dry van which is shit right now.
He does now, or at least maybe has a glimpse at how rough a racket it can be. Lets be honest though nobody who's made it longer term in the trucking game would ever say it's an easy and stress free way to make a lot of money. That's a joke. We do it because we love trucks and love the road and on a good month or year there can be SOME money in it.
so a few points to the video most of the dispatcher need to keep there truck over 3.00 bucks a mile best way to do that is run short miles they pay 3.00-4.00 a bucks a mile long stuff pays less from 2.00 to 2.50 so for a newer dispatch they are doing what is best for them and not you. ill offer you the best advice that was given to me 10 years ago buy a cash truck and learn to turn a wrench, then find a small carrier cause its a win win you need to be running to help pay the bills.
Just about every industry in America you should preface your remarks with the disclaimer, "Speaking for my company, and my company only..." No brother, you are completely safe. Your experiences basically cover the industry as a whole as of today.
Why does everyone think miles equals money. I make more in short loads than I ever did running any long miles. I rarely go over 1000 miles a week an live very comfortably.
This is true. One time they had me running loads in WA/OR that were under 300 miles, but they were back to back and it ended up being one of my best weeks for miles and pay. A lot of times those loads with big miles have too much extra time on them.
Imagine that a recruiter not telling you the truth? I have to say I can't feel sorry for you. Today there's so much information available, you should be making informed decisions when looking for a company.
Bro. If your leasing, your not an OO. It is a scam. You will end up owing about 10K to 15 K at the end of the year to make a couple hundred dollars per week extra. Plus you still work for them. Exclusive. You cant take any loads from anyone else. I drove for 20 years and tried 2 different Leases, both were a scam. Ben out of Trucking for 15 years doing Air conditioning. I make over 125K a year and am home every single night. Get OUT of Trucking and get some real trade bro. Its worth it.
@@SirKitAlot 40$ hour plus commission of 20% of net sales. Yah- its hard work. Mentally as well as Physically challenging, but remembering those twenty years of being on the road is what is wild. Cant believe I wasted all those years away from my loved ones for next to nothing.
Dude I would’ve quit as soon as I got that first negative check. You shouldn’t work all week to be negative. I’m at Roehl only getting 1k on a good week… as a flatbedder. I hate the pay here and am trying to leave. You’d be better off sitting at home watching tv from the sound of it. They’re just using you to pay their truck payment. Also I thought $2 per mile was on the low end for loads so how are they paying you $1.25? Are they taking some of the pay and still sticking you with the bills? I’d be trying to sue. I’m pretty sure there was a class action lawsuit against felony express for their predatory lease program.
Just stumbled across this video I’m not sure if you’re new to the industry or not but I can tell you from a 30 year veteran. These are all scams you’re doing is making a monthly truck payment for these companies.
No lease purchase is “quite” what they say anywhere! Do research research then more research talk to drivers at truck stops ect. Never believe what a recruiter says ever. There are some ok L/P out there but not one is at a mega
How the hell can you work as a owner operator for shit money,it's better for you to work as a company driver.I am a retired truckdriver from Sweden, and I has always been working for good companys that paid me good.Think a little ahead so you don't get bankruptse and have to pay your depst for the rest of your life. Andy from Sweden .
These giant companies are not just in the logistics industry. They are also a huge part of the truck leasing industry. You best believe they getting some kind of monetary kick back for lease/selling all these trucks.
😂 these people calling themselves owner operator, it actually takes more than that to call yourself an O/O, anyway is crazy how people jump to these lease purchase Aka “modern slavery” without doing a single research or math before jumping in, I’ve seen thousand of lease operators getting into huge financial situations, the most crazy one was a guy who was making 150-250 $ after all weekly settlements, avoid yourself to get into this type of trap fellows, is crazy man
Do not take loads that are 1.15 mile get a new driver manager. Also mileage is based on map mileage which is based on city to city not actual mileage. The trucking industry rips scams and steals everyone s actual miles. They should be sued for not paying every single mile you run. It is like they are not paying you overtime for hours work. Truck drivers need to sue these and every company for lost wages and you can prove it by your actual miles verses paid miles. Start suing for actual miles. You will win and the companies will have to pay not for the unpaid miles but damages!!!
Don't be doing no BS truck leasing deals from anybody. TBH I don't recommend going out on the road as a company driver for one of these fleabag mega carrier outfits either. You'll get abused, lied to and taken advantage of and they know they have you held hostage 1000 miles from home. Get a local dock bumping job with FedEx Freight, Old Dominion, or whatever. If you want to see the road your way and have a big adventure go buy a 1-ton and haul campers out of Indiana.
I don’t think it’s the carrier. I think it’s the leasing a truck is a scam and it drives down wages for company drivers. I’m a company driver. I made 103K in 20 2296K last year and I’m tracking about 90 this year. Are you doing better than that leasing a truck? I just wonder what the draw to leasing is by the way I get my 34 at home every week and can take off anytime I want with two weeks notice.
I'm going to prime for Tanker and thinking of doing their lease/purchase program. Here's why. I'm good with money, already have an LLC and can put money back for emergencies. No credit check or down payment for a new truck, no forced dispatch, go home whenever, walk away from the lease any time and go company without any financial backlash. Now, the truck payment is expensive at 1-1.2k/week, BUT that includes maintenance (Blown tire, breakdown, electric issues, tow, breakdown pay etc.) that payment also includes insurance, an emergency fund, and its a 3year note, meaning the truck is paid off and yours at the end of that 3 years, this is Prime, not swift so maybe swift is different. Now, yes, you can go buy a new truck, but how many people have 25-30k CASH to put down, plus a great credit score, your monthly payment will also be lower buying a new truck, BUT you're gonna be paying it off for 7-8yrs, by that time you probably already got over 500k miles on it, vs having it paid off in 3 years. Yes, you can buy an older truck cheaper, but many brokers and companies require a truck be under 10 years old.
Two weeks and you only made $50?! I call BS. It sounds like you aren't cut out for trucking. No offense, but all you've done is complain. No company will make their drivers *lose* money. If that were the case, they'd lose everyone overnight. Trucking is a people business. If you are complaining constantly, your dispatch will gravitate to other drivers. It's just the way it is. I know two lease drivers for Swift who clear $3k per week. Will you become the next Elon Musk or Bill Gates driving a truck? No. But you aren't going to go in the hole or only make $50 in two weeks. Sorry. I don't buy it. Stay safe out there.
Don't be so naive. Study the behind the scenes of trucking. It's as corrupt as it gets. Absolutely they need their token success stories to bait unwitting candidates and driver retention. Just like the casino advertised jackpots. Get a grip. There's a sucker born every minute. The criminal minds behind Trucking is a fascinating and clever money grab. Almost enjoyable to watch if it weren't so hurtful, damaging and far reaching.
Man you need to get on a better account to get miles as owner op. I know a swift lease op getting 3000 a week, on the bush beans account. Another good one is the miller coors account. Im a company driver, so i see alot of lease drivers, and most of them seem to be doing alright.
![KRK - ชนิสรา Ft.WanMai , N/A [Official MV] Prod. By Sakarin](http://i.ytimg.com/vi/C-WMwwYobcU/mqdefault.jpg)
40 years OTR all lease purchase deals are a scam don't do it ever ,the best advice you will ever get!.
I was thinking of buying a truck cash lol
If you are not holding the title of your truck in your hand, you are not an Owner Operator.
Well I don’t have the title but my names on it lol I’m financed through a bank for truck & trailer check out Dakota financing
I cannot believe that someone still picks swift,walmart,shneidder, jb hunt, other big companies 😢
As long as YOU pay their truck payment, they do not care. Your right IT IS A SCAM
GET OUT of that mess. You will make MORE as a COMPANY DRIVER. Go to a BETTER company.
You need to get on that dedicated haul delivering rebuilt hoods to the Swift body shop.
😂😂😂
The sooner you get out of a situation like that the better man good luck
Wish the best for you brother we all have been the in depths of shit, but I have faith you will overcome this.
I wouldn't even work for a company that had lease purchase deals
As much as I disagree with over regulation, I wish lease purchases were banned. They bring rates down for everyone. Swift is able to run this driver ragged for 500 bucks a week and that's if his truck doesn't break down. The mexican drivers are making more than that.
Cut your losses and get out fast
Get a job and never lease purchase again as long as you live !!
Been there done it! Saved my $ as a company driver and bought my own rig outright. Discipline son and patience!!
So sad.
Brother find a small old school company. Be a company driver for a man with good caricature .
You are the classic example of somebody who jumped into owning the truck that has no absolutely no idea what it means to own a truck and how to run one profitably.
True and I hope he takes this not as critism it's just reality. He wants to be dispat he'd good loads and is probably hauling dry van which is shit right now.
He does now, or at least maybe has a glimpse at how rough a racket it can be. Lets be honest though nobody who's made it longer term in the trucking game would ever say it's an easy and stress free way to make a lot of money. That's a joke. We do it because we love trucks and love the road and on a good month or year there can be SOME money in it.
so a few points to the video most of the dispatcher need to keep there truck over 3.00 bucks a mile best way to do that is run short miles they pay 3.00-4.00 a bucks a mile long stuff pays less from 2.00 to 2.50 so for a newer dispatch they are doing what is best for them and not you. ill offer you the best advice that was given to me 10 years ago buy a cash truck and learn to turn a wrench, then find a small carrier cause its a win win you need to be running to help pay the bills.
If your truck is regulated and you can't take it with you to another company....
You aren't an owner/op.
Just about every industry in America you should preface your remarks with the disclaimer, "Speaking for my company, and my company only..."
No brother, you are completely safe. Your experiences basically cover the industry as a whole as of today.
They (Swift) only care about the miles that will cover their costs not the lease operator’s expenses.
Why does everyone think miles equals money. I make more in short loads than I ever did running any long miles. I rarely go over 1000 miles a week an live very comfortably.
This is true. One time they had me running loads in WA/OR that were under 300 miles, but they were back to back and it ended up being one of my best weeks for miles and pay. A lot of times those loads with big miles have too much extra time on them.
Imagine that a recruiter not telling you the truth? I have to say I can't feel sorry for you. Today there's so much information available, you should be making informed decisions when looking for a company.
Lease means FLEECE!
Driver makes nothing. Company makes big $.
Bro. If your leasing, your not an OO. It is a scam. You will end up owing about 10K to 15 K at the end of the year to make a couple hundred dollars per week extra. Plus you still work for them. Exclusive. You cant take any loads from anyone else. I drove for 20 years and tried 2 different Leases, both were a scam. Ben out of Trucking for 15 years doing Air conditioning. I make over 125K a year and am home every single night. Get OUT of Trucking and get some real trade bro. Its worth it.
125k that's wild! good for you homie.
@@SirKitAlot 40$ hour plus commission of 20% of net sales. Yah- its hard work. Mentally as well as Physically challenging, but remembering those twenty years of being on the road is what is wild. Cant believe I wasted all those years away from my loved ones for next to nothing.
@@AlexanderOrona-m1g You realize it now and that is what matters.
Dude I would’ve quit as soon as I got that first negative check. You shouldn’t work all week to be negative. I’m at Roehl only getting 1k on a good week… as a flatbedder. I hate the pay here and am trying to leave. You’d be better off sitting at home watching tv from the sound of it. They’re just using you to pay their truck payment. Also I thought $2 per mile was on the low end for loads so how are they paying you $1.25? Are they taking some of the pay and still sticking you with the bills? I’d be trying to sue. I’m pretty sure there was a class action lawsuit against felony express for their predatory lease program.
Just stumbled across this video I’m not sure if you’re new to the industry or not but I can tell you from a 30 year veteran. These are all scams you’re doing is making a monthly truck payment for these companies.
Owner - Operator - Swift? Yes Alex I’ll take 3 words that never go together for 300 please. RUN my friend.
Try to get the most cpm as a w2 company driver. Leases put all the risk on you.
You need to learn to dispatch yourself, negotiate your rate and find a company that let's you do it. Your just a company driver with your own truck.
OK, this video is from 3 months ago. Are you still at swift?
No lease purchase is “quite” what they say anywhere! Do research research then more research talk to drivers at truck stops ect. Never believe what a recruiter says ever. There are some ok L/P out there but not one is at a mega
How the hell can you work as a owner operator for shit money,it's better for you to work as a company driver.I am a retired truckdriver from Sweden, and I has always been working for good companys that paid me good.Think a little ahead so you don't get bankruptse and have to pay your depst for the rest of your life.
Andy from Sweden .
No shit Swift is one of the biggest jokes in trucking in every aspect.
These giant companies are not just in the logistics industry. They are also a huge part of the truck leasing industry. You best believe they getting some kind of monetary kick back for lease/selling all these trucks.
😂 these people calling themselves owner operator, it actually takes more than that to call yourself an O/O, anyway is crazy how people jump to these lease purchase Aka “modern slavery” without doing a single research or math before jumping in, I’ve seen thousand of lease operators getting into huge financial situations, the most crazy one was a guy who was making 150-250 $ after all weekly settlements, avoid yourself to get into this type of trap fellows, is crazy man
Do not take loads that are 1.15 mile get a new driver manager. Also mileage is based on map mileage which is based on city to city not actual mileage. The trucking industry rips scams and steals everyone s actual miles. They should be sued for not paying every single mile you run. It is like they are not paying you overtime for hours work. Truck drivers need to sue these and every company for lost wages and you can prove it by your actual miles verses paid miles. Start suing for actual miles. You will win and the companies will have to pay not for the unpaid miles but damages!!!
the thing is when you get hired on they will make you sign paper work that you accept that pay system that is a scam
Recruiters in trucking are like recruiters in the service if it’s not on paper it doesn’t exist.
i worked for swift but it doesn’t make any sense to get paid 700 as a company driver and 500 or 600 for owner operator 🤔🤔 something is wrong
Don't be doing no BS truck leasing deals from anybody. TBH I don't recommend going out on the road as a company driver for one of these fleabag mega carrier outfits either. You'll get abused, lied to and taken advantage of and they know they have you held hostage 1000 miles from home. Get a local dock bumping job with FedEx Freight, Old Dominion, or whatever. If you want to see the road your way and have a big adventure go buy a 1-ton and haul campers out of Indiana.
Owner operator program or rental/lease agreement?
So sorry come to J.B. Hunt from Trucker Jon
Mistake number one being at swift as an owner operator
What, you mean the recruiters lied to you?
I don’t think it’s the carrier. I think it’s the leasing a truck is a scam and it drives down wages for company drivers. I’m a company driver. I made 103K in 20 2296K last year and I’m tracking about 90 this year. Are you doing better than that leasing a truck? I just wonder what the draw to leasing is by the way I get my 34 at home every week and can take off anytime I want with two weeks notice.
I'm going to prime for Tanker and thinking of doing their lease/purchase program. Here's why. I'm good with money, already have an LLC and can put money back for emergencies. No credit check or down payment for a new truck, no forced dispatch, go home whenever, walk away from the lease any time and go company without any financial backlash. Now, the truck payment is expensive at 1-1.2k/week, BUT that includes maintenance (Blown tire, breakdown, electric issues, tow, breakdown pay etc.) that payment also includes insurance, an emergency fund, and its a 3year note, meaning the truck is paid off and yours at the end of that 3 years, this is Prime, not swift so maybe swift is different. Now, yes, you can go buy a new truck, but how many people have 25-30k CASH to put down, plus a great credit score, your monthly payment will also be lower buying a new truck, BUT you're gonna be paying it off for 7-8yrs, by that time you probably already got over 500k miles on it, vs having it paid off in 3 years. Yes, you can buy an older truck cheaper, but many brokers and companies require a truck be under 10 years old.
Are the lease truck still at 55 mph
They’re at 70mph, I was given one accidentally as a company driver
So don't put yourself in an area you know you'll have too deadhead out of
DANG you should have found me to help,,
you make way better money off the spot market
Two weeks and you only made $50?! I call BS. It sounds like you aren't cut out for trucking. No offense, but all you've done is complain. No company will make their drivers *lose* money. If that were the case, they'd lose everyone overnight. Trucking is a people business. If you are complaining constantly, your dispatch will gravitate to other drivers. It's just the way it is. I know two lease drivers for Swift who clear $3k per week. Will you become the next Elon Musk or Bill Gates driving a truck? No. But you aren't going to go in the hole or only make $50 in two weeks. Sorry. I don't buy it. Stay safe out there.
Don't be so naive. Study the behind the scenes of trucking. It's as corrupt as it gets. Absolutely they need their token success stories to bait unwitting candidates and driver retention. Just like the casino advertised jackpots. Get a grip. There's a sucker born every minute. The criminal minds behind Trucking is a fascinating and clever money grab. Almost enjoyable to watch if it weren't so hurtful, damaging and far reaching.
When I was there I was making more money as a company driver versus the lease ops. But I met a lot of lease ops that loved being one.
Get out
Yea you don’t know about being an o/o az is a dead market lol
paid by mile as LO. U will fail. PERIOD.
Man you need to get on a better account to get miles as owner op. I know a swift lease op getting 3000 a week, on the bush beans account.
Another good one is the miller coors account.
Im a company driver, so i see alot of lease drivers, and most of them seem to be doing alright.
I hate to say this to you but you sound like a new driver.
I've been driving for 3+ years, just new to swift.
You are story 1,327,329. Why you looking for Pity driver ?