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March 11

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Jan 17, 2024 at 09:37 AM CST + 6 - 2
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. What will happen to the price of used trucks if the new labor laws are allowed to go into effect on March 11? How many fleet operators would be interested in buying a high mileage inefficient truck from a lease operator who is displaced by anti independent contractor laws at the federal level?

Replied on Thu, Jan 18, 2024 at 09:28 AM CST
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. 2024 frieghtliner $255000 without. Auto and no digital dash 2019 frieghtliner with 404000 mileage worth 75000 extended warranty is $15000 Good for bumper to bumper 4 yrs cut throat rates are coming into effect going to get tougher with prime getting into the game

Replied on Thu, Jan 18, 2024 at 09:28 AM CST
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. My question is what happens if this is implimented period. Would that make the tens of thousands of O/O's illegal overnight?

Replied on Thu, Jan 18, 2024 at 06:12 PM CST

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Posted by a private BulkLoads.com member.

Posted by a private BulkLoads.com member.

It’s a double edged sword, on one hand it would probably shut down primes new hopper division since it relies on lease operators, on the other hand it would also force all owner operators to get authorities or sell their truck, also it would force more carriers to get broker authorities so they could retain their owner operators, but the question I see is how can a lease operator exit the market if there is no buyer for the truck?

Replied on Thu, Jan 18, 2024 at 06:12 PM CST

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Posted by a private BulkLoads.com member.

Posted by a private BulkLoads.com member.

Quote: "2024 frieghtliner $255000 without. Auto and no digital dash 2019 frieghtliner with 404000 mileage worth 75000 extended warranty is $15000 Good for bumper to bumper 4 yrs cut throat rates are coming into effect going to get tougher with prime getting into the game "

ET transport out of Canada posted the latest auction prices from Richie brothers on YouTube a few weeks back, it was interesting for sure.

Replied on Fri, Jan 19, 2024 at 07:04 AM CST

+ 1 - 1

Posted by a private BulkLoads.com member.

Posted by a private BulkLoads.com member.

The rules are really murky at best. I don't see the government being able to shut down lease operators without a massive supply chain disruption.

It would in theory get trucking closer to what it was like before deregulation..... maybe.

I won't be popular for typing this, but I think some should be honest with themselves. If you are pulling somebody else's trailer under that company's authority and insurance, are you actually an owner operator? Kinda, sorta, not really... You might as well get paid time off and health insurance benefits like other company drivers. Right or wrong I think this is what the government is trying to figure out.

Replied on Sun, Jan 21, 2024 at 08:04 AM CST

Posted by a private BulkLoads.com member.

Posted by a private BulkLoads.com member.

If you aren't running under your own authority, you are a lease operator. Because you are leased to the company. You have to be leased to operate. It's so annoying hearing people talk about how they are an owner operator, but either don't own the truck or don't operate the business (actually have their own DOT authority). Owner means you own the truck is in the business's name, and operator means you have an authority in that same business's name to operate. And yes the bill is going to hurt the economy by shutting down most lease operators or at least restructure them back to company drivers from glorified company drivers or they will have to get their own numbers from DOT.

Replied on Tue, Jan 23, 2024 at 07:00 AM CST

Posted by a private BulkLoads.com member.

Posted by a private BulkLoads.com member.

Quote: "If you aren't running under your own authority, you are a lease operator. Because you are leased to the company. You have to be leased to operate. It's so annoying hearing people talk about how they are an owner operator, but either don't own the truck or don't operate the business (actually have their own DOT authority). Owner means you own the truck is in the business's name, and operator means you have an authority in that same business's name to operate. And yes the bill is going to hurt the economy by shutting down most lease operators or at least restructure them back to company drivers from glorified company drivers or they will have to get their own numbers from DOT."

This will effect container haulers and Landstar the most. Getting authority isn't hard, the insurance will be the biggest hurdle for a lot of these guys. If the government actually enforces this, it will turn trucking upside down for at least a little while.

Replied on Tue, Jan 23, 2024 at 07:01 AM CST

+ 1

Posted by a private BulkLoads.com member.

Posted by a private BulkLoads.com member.

Quote: "If you aren't running under your own authority, you are a lease operator. Because you are leased to the company. You have to be leased to operate. It's so annoying hearing people talk about how they are an owner operator, but either don't own the truck or don't operate the business (actually have their own DOT authority). Owner means you own the truck is in the business's name, and operator means you have an authority in that same business's name to operate. And yes the bill is going to hurt the economy by shutting down most lease operators or at least restructure them back to company drivers from glorified company drivers or they will have to get their own numbers from DOT."

I agree. "LEASE OPERATORS" are just glorified company drivers. To be a true "OWNER OPERATOR" you must own your truck and have your own numbers. (DOT, MC, authority etc.) Those lease operators are just working for the payment out right and giving the company a tax break. All that is being fowarded on to them. We are true owner operators because if we're going to do it may as well do it all the way! I also prefer it that way too. If we chose not to take a load, nothing anyone can say about it. Move on to the next.