Prime Inc. News
Prime Inc. Announces $1.15 Min Revenue Per Mile Guarantee for Independant Contractors in the Company's Tanker Division
June 3, 2011 (Springfield, Missouri) – Prime Inc., a Springfield, Missouri-based refrigerated, flatbed, tanker and logistics trucking company, has announced a new revenue guarantee program for independent contractors in its tanker division. This creation in guarantee ensures earnings of no less than $115,000 for every 100,000 miles (HHG miles) completed, allowing the operator to share in gains of the marketplace but have the assurance that it will never be lower than $1.15 cents per mile on average. In order to take advantage of this new opportunity, existing Prime tanker operators must contact the leasing company to sign a one page addendum.
"Our guarantee really allows the tanker contractors to benefit from the potential of the marketplace, while having an assurance of a minimum level of revenue at 70 percent," says John Hancock, Prime's recruiting director. "Contrasted against companies that only pay a flat per mile, our program offers contractors the opportunity to be rewarded for the uptick in the marketplace and what the market offers. Contractors who are only being paid on a flat per mile rate are not given that opportunity, nor do they have the assurance of a guaranteed minimum to count on."
Prime independent contractors in this new program also enjoy a simple, easy to understand fuel surcharge program that holds the cost of fuel at $1.20/gallon at six miles per gallon (HHG miles).
"Prime is in the fortunate position of having a very strong customer base and freight network," says Hancock. "That's why we're confident of our ability to pay 70 percent and still go no lower than $1.15 per mile plus the fuel surcharge."
This latest increase for contractors is effective June 1, 2011 and is available to all new and existing operators (existing Prime operators must contact the leasing company to sign a one page addendum).
For more information about the driving opportunities at Prime Inc., please visit www.primeinc.com
or call 1-877-PRIME-JOB.
About Prime Inc.
Founded in 1970 by Robert Low, Prime Inc. is North America’s most successful refrigerated, flatbed, tanker and logistics trucking company. Headquartered in Springfield, Missouri, Prime's personnel, equipment and technology remains on the cutting edge of the transportation industry, and the company's growth remains steady and well managed. For more information about Prime, please visit www.primeinc.com.
Drivers Job Application
Drivers F. A. Q.
Prior Driver Verification
EIA Fuel Index
Fuel Related Rate
Load Tendering Preview