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Raising the Standards of the Trucking Industry


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Survey Results for Company Owner Operator Lease Purchase Plan

Jul
14,
2011
0
72% of Drivers voted - SCAM

72% of Drivers voted - SCAM

The long-haul trucking industry is notorious for taking advantage of those in desperate situations.  From the CDL schools and the motor carriers who operate in such a manner, thousands are pulled in by the promises of big money by the trucking company owner operator lease purchase programs.

After having gone public about this consumer abuse within the industry nearly five years ago, the company truck lease purchase options are still going strong and continues to be a huge money-maker for the motor carrier.

I began the Owner Operator Lease Purchase Program Survey on November 9th, 2009 and brought it to a close on February 3rd, 2011.  After nearly 15 months, 3,611 professional truck drivers responded, offering their own insight into these company truck leases.

After five and a half months, I have completed analyzing the data received.  Several years ago, I had ran across an independent study by an accountant who showed that these programs had an 87% driver failure rate.  This survey was performed in order to provide a more current, up-to-date evaluation on these company lease plans.

Unlike the other study, the results of this survey will never be taken down from the world wide web and will remain available for those considering becoming an owner operator through one of these trucking companies lease purchase options.

The survey results are provided by two means:

Although there are company lease drivers who have done well with these lease programs, this current survey still shows that the majority of these trucking company lease purchase programs are designed for the driver to fail.

Special thanks to all of the 3,611 drivers who took the time and made the effort to participate in this survey.

Allen Smith

© 2011, Allen Smith. All rights reserved.

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By: Allen Smith

Allen Smith is a 37 year veteran who started at an early age in a household goods family moving business. He began driving straight trucks in 1977 and moved to the big rigs in 1982. His experience within the industry includes; owner operator, company driver, operations manager, and owner of a long distance HHG moving business, taking many of the long haul moves himself when needed. Allen Smith, a truck driver advocate who is driven by the desire to help others succeed within an industry where injustice, unrewarded sacrifice, and lack of respect and recognition exists. Allen and his wife Donna are hosts of Truth About Trucking ”Live” on Blog Talk Radio. Other websites include AskTheTrucker, TruckingSocialMedia, NorthAmericanTruckingALerts, TruthAboutTrucking, and many Social Media websites. In 2011 Allen and Donna hosted the first Truck Driver Social Media Convention, designed to create unity and solutions for the trucking industry. This is now being extended through the North American Trucking Alerts network as those within the industry join forces for the betterment of the industry. Allen strongly supports other industry advocates who are also stepping up to the plate to help those who share honesty, guidance and direction. He believes that all those involved in trucking need to be accountable for their part within the industry, including drivers, carriers, brokers, shippers, receivers, etc… The list of supporters and likeminded people grow daily, networking together and sharing thoughts and ideas for the betterment of trucking. He has coined the popular phrase "Raising the standards of the trucking industry"

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