Owner Operator / Lease Purchase Drivers Job at Longhorn Energy & Transportation, Indianapolis, IN

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  • Longhorn Energy & Transportation
  • Indianapolis, IN

Job Description

Lease Purchase Information

72% of the load for Reefer, 75% for Dryvan.

  • The 28% for Reefer & 25% for Dryvan that APL "receives" covers:
  • Cargo Liability Insurance
  • Trailer Rent
  • Trailer Insurance
  • Dispatch/Load Planning
  • 3,000-3,500 average miles per week per driver

$1,750 average take home per week (not paying attention to fuel efficiency and truck maintenance)

$600-$800 weekly payment for Truck depending on make, model and year.

Weekly Gross (Total value of loads) ~$7,000 - 9,000 (of which they receive 72%)
Zero money down. $5,000 deposit is taken by $100 per week, for 50 weeks.

$350-$430 weekly maintenance escrow, depending on make, model and year.

Each load averages 800-1,000 miles

Last 6-8 weeks there will no longer be a payment coming from their settlement. It comes from their $5000 deposit. Timeframe depends on weekly Truck payment amount.

Average cost paid per load is $2,200 or $2.50 per mile

Maintenance doesn’t have to be done at our shop, but we will need documentation from wherever maintenance is performed.
Weekly administration fee of $175 (Registration Fees, Back-office Administrative Support, Permits, 2290, IFTA & Tablet Rental)

Required: Occupational Insurance is required. Optional Plan Available: $37.50 per week (provided at cost).

Required: Cargo Liability Deposit. $2,500 deposit is taken by $100 per week, for 25 weeks.
Optional: Driver Legal Plan $2.98 per week (Highly Recommended).

Optional: Operational Escrow (Highly Recommended) - "Savings Account" to provide driver with consistent paycheck during vacations or other situations. Weekly contribution amount is up to driver.

Owner Operator Information

Paid percentage of load.

If they ONLY have their Truck/Tractor: 75% Flatbed and Dry van 72% reefer

If they bring their Trailer: 80% Reefer (company is covering the insurance cost which is why it's 80%)
Can bring own equipment or can lease truck, trailer or both (Lease/Least Purchase)

Average cost paid per load is $2,200 or $2.50 per mile
Each load averages 800-1,000 miles
Maintenance Account (Optional)

If yes, Amount is optional (We pay for the repairs, repair costs will be debited from maintenance account, if repairs go over, a payment plan will be arranged).
If no, Company has no obligation to provide financial credit for repairs, any repairs paid for by Company will be charged back within the pay period. doesn’t have to be done at our shop, but we will need documentation from wherever maintenance is performed.

Weekly administration fee of $175 (Registration Fees, Back-office Administrative Support, Permits, 2290, IFTA & Tablet Rental)
OR
Just Administrative Support & ELD Fee of $65.00 (They would be taking care of the Registration Fees, Permits, IFTA & 2290)

Required: Occupational Insurance is required. Optional Plan Available: $37.50 per week (provided at cost).

Required: Cargo Liability Deposit. $2,500 deposit is taken by $100 per week, for 25 weeks.
Optional: Driver Legal Plan $2.98 per week (Highly Recommended).

Optional: Operational Escrow (Highly Recommended) - "Savings Account" to provide driver with consistent paycheck during vacations or other situations. Weekly contribution amount is up to driver.

27% of the load for Reefer and Dryvan.

2,500-3,500 average miles per week

Take Home Pay
$1,750-$1,850 average take home per week per driver (based on 2,300-2,500 miles per week) at 27% of Load
$2,200 at 3000 miles per week
$2,600 at 3500 miles per week
Weekly Gross (Total value of loads) ~$7,000 - 9,000 (of which they receive 27%)
Each load averages 800-1,000 miles

Average cost paid per load is $2,200 or $2.50 per mile

BreakDown Pay $100/day (if the breakdown lasts 24 hours)
Required: Occupational Insurance is required. $37.50 per week (provided at cost).

Required: Cargo Liability Deposit. $2,500 deposit is taken by $100 per week, for 25 weeks.
Optional: Driver Legal Plan $2.98 per week (Highly Recommended).

Optional: Operational Escrow (Highly Recommended) - "Savings Account" to provide driver with consistent paycheck during vacations or other situations. Weekly contribution amount is up to driver.

Team Contract Driver Information

30% of the load for Reefer.

5,000-7,000 average miles per week

$1,800-$2,000 average take home per week per driver (based on 5,000-5,500 miles per week)

Weekly Gross (Total value of loads) ~$12,000 - 15,000 (of which they will split 30%)
Each load averages 800-1,000 miles

BreakDown Pay $100 (the Team splits the pay)

Average cost paid per load is $3,000 or $2.50+ per mile

Required: Occupational Insurance is required. Plan is: $37.50 per week (provided at cost).

Required : Cargo Liability Deposit. $2,500 deposit is taken by $100 per week, for 25 weeks.
Optional: Driver Legal Plan $2.98 per week (Highly Recommended).

Optional : Operational Escrow (Highly Recommended) - "Savings Account" to provide driver with consistent paycheck during vacations or other situations. Weekly contribution amount is up to driver.
Lease Purchase Information

72% of the load for Reefer, 75% for Dryvan.

The 28% for Reefer & 25% for Dryvan that APL "receives" covers:
Cargo Liability Insurance
Trailer Rent
Trailer Insurance
Dispatch/Load Planning
3,000-3,500 average miles per week per driver

$1,750 average take home per week (not paying attention to fuel efficiency and truck maintenance)

$600-$800 weekly payment for Truck depending on make, model and year.

Weekly Gross (Total value of loads) ~$7,000 - 9,000 (of which they receive 72%)
Zero money down. $5,000 deposit is taken by $100 per week, for 50 weeks.

$350-$430 weekly maintenance escrow, depending on make, model and year.

Each load averages 800-1,000 miles

Last 6-8 weeks there will no longer be a payment coming from their settlement. It comes from their $5000 deposit. Timeframe depends on weekly Truck payment amount.

Average cost paid per load is $2,200 or $2.50 per mile

Maintenance doesn’t have to be done at our shop, but we will need documentation from wherever maintenance is performed.
Weekly administration fee of $175 (Registration Fees, Back-office Administrative Support, Permits, 2290, IFTA & Tablet Rental)

Required : Occupational Insurance is required. Optional Plan Available: $37.50 per week (provided at cost).

Required : Cargo Liability Deposit. $2,500 deposit is taken by $100 per week, for 25 weeks.
Optional: Driver Legal Plan $2.98 per week (Highly Recommended).

Optional: Operational Escrow (Highly Recommended) - "Savings Account" to provide driver with consistent paycheck during vacations or other situations. Weekly contribution amount is up to driver.

Owner Operator Information

Paid percentage of load.

If they ONLY have their Truck/Tractor: 75% Flatbed and Dry van 72% reefer

If they bring their Trailer: 80% Reefer (company is covering the insurance cost which is why it's 80%)
Can bring own equipment or can lease truck, trailer or both (Lease/Least Purchase)

Average cost paid per load is $2,200 or $2.50 per mile
Each load averages 800-1,000 miles
Maintenance Account (Optional)

If yes, Amount is optional (We pay for the repairs, repair costs will be debited from maintenance account, if repairs go over, a payment plan will be arranged).
If no, Company has no obligation to provide financial credit for repairs, any repairs paid for by Company will be charged back within the pay period. doesn’t have to be done at our shop, but we will need documentation from wherever maintenance is performed.

Weekly administration fee of $175 (Registration Fees, Back-office Administrative Support, Permits, 2290, IFTA & Tablet Rental)
OR
Just Administrative Support & ELD Fee of $65.00 (They would be taking care of the Registration Fees, Permits, IFTA & 2290)

Required : Occupational Insurance is required. Optional Plan Available: $37.50 per week (provided at cost).

Required: Cargo Liability Deposit. $2,500 deposit is taken by $100 per week, for 25 weeks.
Optional: Driver Legal Plan $2.98 per week (Highly Recommended).

Optional: Operational Escrow (Highly Recommended) - "Savings Account" to provide driver with consistent paycheck during vacations or other situations. Weekly contribution amount is up to driver.

Job Tags

Weekly pay, Full time, Contract work,

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