Help me understand Fuel Surcharge!

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  #1  
Old 05-07-2008, 07:24 PM
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Default Help me understand Fuel Surcharge!

What is Fuel Surcharge exactly?If you lease on with a company and they pay you 90 cents per mile and 40 cents fuel surcharge what exactly are they saying.
 
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Old 05-07-2008, 08:31 PM
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A fuel surcharge is extra money in addition to the rate per mile to help off set the cost of fuel. With most companies the fuel surcharge is only paid on loaded miles.
 
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Old 05-07-2008, 08:31 PM
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Thats basicly you getting 1.30 per mile. Its designed to offset your fuel costs and will rise and lower with the costs of fuel. With a lot of companies that pay low mileage rates its just a good way of still paying low while making it look like you are getting a generous deal.
 
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Old 05-07-2008, 09:00 PM
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Well heres my thing , I have been all over looking for a driving job and well JB Hunt looks like its going to be it for now just to get the OTR experience and move on but they want to stick me in the lease purchase plan, my question is would it be better to stick it out company driver or take the lease deal and use it for awile and walk away when I'm ready to move on?
 
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Old 05-07-2008, 09:10 PM
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Well they arent pushing the lease purchase plan on you because it's going to benefit you.......Think about it. :roll: :roll:
 
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  #6  
Old 05-07-2008, 09:11 PM
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$0 Down Lease-Purchase Plan


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24-hour Road Service department
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Enhanced Performance Plan

90 cpm for both loaded and empty miles
Flexible fuel surcharge, adjusted weekly; paid loaded and empty
Additional cpm fuel relief rates
Average 50 miles per day and $250 more per week than traditional plan
Current total in excess of $1.30 per mile (base, surcharge and fuel relief)
Must be available for dispatch 86% of the time and accept all assigned loads
Accept all assigned loads (no obligation to accept loads to NYC or Canada)
Performance Plan

88 cpm for both loaded and empty miles
Flexible fuel surcharge, adjusted weekly; paid loaded and empty
Accept all assigned loads (no obligation to accept loads to NYC or Canada)
Traditional Plan

85 cpm for both loaded and empty miles
Flexible fuel surcharge, adjusted weekly; paid loaded and empty
Additional cpm fuel relief rates
No forced dispatch
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In addition to the three rate plans, J.B. Hunt also offers supplemental rates for shorter hauls and non-driving activities:

0 to 74 miles: Mileage rate + $45
75 to 149 miles: Mileage rate + $35
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If you are interested in joining J.B. Hunt’s Independent Contractor Group as a lease-purchase driver, please contact us online or call 1-877-791-9458.




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  #7  
Old 05-07-2008, 09:13 PM
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Originally Posted by sbatson
Well heres my thing , I have been all over looking for a driving job and well JB Hunt looks like its going to be it for now just to get the OTR experience and move on but they want to stick me in the lease purchase plan, my question is would it be better to stick it out company driver or take the lease deal and use it for awile and walk away when I'm ready to move on?
Don't do a lease deal its a waste of time and u will not make any money and u can possibly mess up your credit.Your better off staying as a company driver until u can buy your own truck..

also do a seach here on lease purchase deals I don't think a heard of anyone that came out on top with this deal..

Good luck!
 
  #8  
Old 05-07-2008, 09:20 PM
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Originally Posted by sbatson
Don’t let concerns about the cost of fuel prevent you from fulfilling your dream.
Don't let minor things like reality and common sense stand in the way of your dream to lease!
 
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  #9  
Old 05-07-2008, 09:21 PM
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Here is where I stand, I trying to get some OTR experience without doing some 6 week training session and make as much money as I can and move on to something better, I know JB is not the best liked around here but it gets my foot in the door, I guess!
 
  #10  
Old 05-07-2008, 10:39 PM
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I am one that thinks jumping right into a lease straight out of school is just a terrible idea. You are going to have your hands full as is just trying to get thehang of living life on the road as a driver and learning the ropes and details of the job, all of that is enough of a headache on its own at first without throwing extra paperwork and major financial responisbility with the risk of very crappy end results of it all goes wrong into the mix. Hook up with a decent company and you can make the same or even more than an operator and dont have all the headaches....and the 6 week training stuff kind of sucks but it is very beneficial to you survuvung out here. You need to learn all you can from whoever you can. Trucking is changing and getting tougher by the year, dont set yourself up for failure before you even get started.
 



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