A property operator contract is a contract between a company that owns vehicles to rent another person or company on lease for a fee. Rent is usually a combination of time plus the number of miles the vehicle is driving. As a rule, this form is used with semi-trailers, but can be used for any type of vehicle carrying goods. The agreement should state, line by line, the following: the transport company with the shipping contract turns into a third-party logistics company (3PL) or freight broker. A dedicated cart contract or brokerage contract is used to assign the trucks from the sub-hauler to the 3PL or freight broker. The sub-hauler retains its own authority, trucks, drivers, insurance, DOT compliance and responsibility for safety. Before entering head first into the sub-Hauler model, you should take these points into account: What distinguishes any other brokerage/carrier contract? The main difference is the consistent capacity and access of sub-haulers to lower-cost products and services that are not available through common broker/carrier relationships. The 3PL or broker must promise to keep the sub-carts filled with freight and, in return, the sub-hauler must accept that at least 75% of its turnover is generated by the 3PL or broker. The sub-brusher can then access with the purchasing power of the 3PL or the broker fuel reductions, security resources, insurance and equipment financing. Resources: Truck Driver Shortage Analysis 2015 by Bob Costello and Rod Suarez of American Trucking Associations freight agents have long enjoyed the virtually unlimited capacity of their model. Sinking has always been the consistency of the cargo for the trucker. What if you could combine the advantages of freight agents and keep a consistent partner and freight flow for the transport company? Enter the sub-hauler template. The shortage of drivers has almost all transportation companies to find and retain drivers.
According to the American Trucking Association study of October 2015, the sector will be short of 73,500 drivers by the end of 2016. If current trends continue, this figure could increase slightly to 175,000 by 2024. So where do carriers find drivers? Brief answer is from other carriers….