Refrigerated Compensation
Under the terms of Prime's current independent contractor operating agreement shall be as follows:
- Operator shall be paid 72% of the line haul revenues on the freight hauled. 'Line haul revenues' means all amounts paid by customers for transportation excluding any accessorial charges. Operator shall receive 100% of all loading and unloading revenues.
- As a solo operator you will receive no less than .85¢ per authorized mile (loaded and empty). Teams will receive no less than .81¢ per authorized mile (loaded and empty). Revenue paid will be reconciled every 100,000 authorized miles. This is referred to as 'revenue averaging'. If revenue paid to operator at anytime during this reconciliation period averages less than the guarantee per mile, we shall make advances sufficient to bring revenue up to the guaranteed level. Thereafter within that 100,000 mile period, if operator's revenue exceeds the guarantee per mile, we will recover from weekly contract settlements the amount advanced in excess of the guarantee.
- If operator terminates your agreement prior to the end of a reconciliation period and has averaged less than the guarantee per mile but has received advances to equal the guarantee per mile, the difference owed by operator will be charged against operator's Performance Bond or final statement.
- Prime shall pay for trailer washes as often as operator feels necessary to keep the equipment looking its best.
- From January 2008 to July 1, 2008, the weekly average miles per dispatched truck was 2,582, the weekly average revenue per mile was $1.60 and the weekly average revenue per unit was $4,131. (Compilation based on combined solo and team.)
Come drive with Prime today! call 1-877-PRIME-JOB!
PRIMEINC.
2740 N. Mayfair - Springfield, MO 65803
PRIMEINC.
2740 N. Mayfair - Springfield, MO 65803
