Transitioning Drivers from Salaried Employees to Independent Contractors

admin

adminadmin is verified member.

Administrator
Staff member
Jan 20, 2008
15,871
452
83
20 15 10 2 20 10 5 1
Carriers are facing enormous financial pressure to maintain profitability in the wake of evolving economic conditions and escalating costs. These conditions hinder the ability of carriers to invest in new equipment and pursue new business opportunities.

Continue reading...
 
JACKBURTON said:
Good job! Hosting a paid ad to encourage Driver, Inc.?
Nice one, Truck News. Can't wait to download the "white paper" and have the company spam me with "opportunities".
Click to expand...

The wording is unclear, but since this is coming from Powerlease, I’d assume it’s about getting drivers into never-never leases and having them operate as O/O. After the Pride debacle, everyone kinda knows these deals are either too good to be true or simply not profitable.
 
LrgCar said:
The wording is unclear, but since this is coming from Powerlease, I’d assume it’s about getting drivers into never-never leases and having them operate as O/O. After the Pride debacle, everyone kinda knows these deals are either too good to be true or simply not profitable.
Click to expand...
I guess the point is at the end of the day it's some sketchy scheme that's just going to screw anyone that tries to take advantage of it. Shame on Truck News is what i'm saying.
 
Igor Galanter said:
Sounds like Power Lease trying to make money not only on power units, trailers and cars, but on steering wheel holders as well, by calling it a fancy-shmancy name as a driver lease..
Click to expand...
Most of us call it a never never plan or a fleece purchase lol. Guy down this way has made a lot of money doing it and always seems to get suckers to sign up. As of say 8 years ago only 5 trucks he ever had to sign over.(that came out of the 5th guys mouth to me) Probably about 8 now.
 
  • Like
Reactions: Igor Galanter
You must log in or register to reply here.
Top Bottom