Soar Transportation Group

I'm currently a driver at soar. Bee. Here since September as a "LP". The payments are 780 a week for the first year because your paying back the downpayment. Then they drop to 680 the remainder of the term. After 10k miles in a month, wassatch will take 9 cpm and apply it to the end payment. The total price of the truck is 155k. The truck is in your name so you can pay that 5k back and take the truck to Any company you please. It is yours. Wassatch does really good business. As for loads. They operate alot in the upper midwest and work towards the west cost. That is the "Customer freight base. They are expanding and just received a Pepsi account and finalizing a Costco account. At 70 %, the average rate to my truck is 1.70 -2.20 a mile on all my loads. At 2800 miles a week you will gross 5.5k-6.5k. After the fuel and fixed expenses, based on those miles and the fuel discounts, you will bring home between 2200-3.6k. I can show stubs easily to prove that. You'll bring home over 1.00 a mile net. Easily. Now as far as a company driver having issues. Its winter. So of course their are issues and no they aren't taking loads from the company guys and giving them to lease guys. We deal with no freight all the same. But freight has slowed down as it NORMALLY does in this time of year and market. That being said, you have the freedom to run load boards and keep yourself moving if they dont have customer freight at the time of your location or if you find a better load than the customer freight. I run my self all the time. So as far as a "lease purchase". Yea. Your buying the truck from wassatch and not soar. Soar does not have their hands in or on the truck. For me this is a great company and financially a good company. I live way outside of the freight base with there customers and just book loads getting home and out of home. Not many company's will buy a truck for you and put it in your business name and let you take it with you. Much less let you book everything as you see fit. I went home for 3 weeks because of family. No #####ing or anything. I paid my payments to wassatch and upfront and came back out when I was ready. During the month of january/February so far, my checks have been what youd expect as a reefer guy. But my most recent check was 6.5k gross and 3650 bring home. as in NET. After truck payment and everything. 2 weeks ago, 3273 netwith 5.6k gross. The money is here but as a contractor in the current market and WINTER, yes, you need to know how to work load boards and winter wont be a problem. When March comes, it's back on with the consistent customer freight as I was doing when I started in September to December. Which is when winter really kicked in for me here. Take this info and do what you will with it. I have zero problems showing anything or proof, message me on Facebook if you choose and I'll show you the good and bad. Jeremy

 

Another buyout, looks like the execs are ex-swift and Dick Simon management. By the sounds of it it’s going to be another mega-fleece training company like England and Trans Am.

 

So you can get any load board and run under soars numbers and trailer and run like a O/O???? Your info really interest me. What’s the insurance coast for the truck?

 

How can I get ahold of you. I have some questions and I can’t find much info online about this soar lease deal?

 

I’m over at soar as a company driver, been here since November of 18, the pay is average. .44 cpm for all drivers, doesn’t matter how much experience you’ve got and we get a per diem at $65 a day. Along with a monthly fuel bonus at around $150-300 assuming you fuel at the stops they ask you too and a quarterly bonus of anywhere from $1100-2500 assuming you hit 10k miles a month and don’t have any accidents/tickets/hos violations. It’s a pretty solid outfit, small as well. Only about 180 company drivers and 80 or lease LP guys, the dispatchers are good as long as you’re willing to do the work. I average 3100-3500 miles a week, and I’m home every 3 weeks like clockwork. You won’t constantly get calls from the office or messages via the eld setup as long as you run effectively. I speak to my dispatcher maybe 2-3 times a month over the phone and maybe once a week via the eld..as long as you’re willing to do the work they’ll leave ya alone

 

Any updates on Soar? They are running ads in PHX a lot. Thanks.

 

I was talking to the recruiter and you do have to pay the 2290 but you have 30 days to pay it. The truck payment is 700 week for a brand new truck with 5k down which can be financed for 100 a week for a total of 5200. Used 2020 trucks are 700 a week with 2500 and same fiancing as the new. Just a shorter term. The recruiter said they dont allow ICs to run the load board.

 

Having to pay the 2290 on a lease truck is not good. That's generally for the titled owner. If they're doing that, I'm sure they're getting you in other ways too. I had looked into them before I bought my truck and decided against them for various reasons. I know everyone gets tired of hearing it but just find a good company job and save up for a truck. You don't need anything really new or really nice for a first truck.