'TIS THE SEASON
For drivers to start looking for a better contract(?).I've
but one thing to say”CAVEAT EMPTOR”or let the buyer beware...Believe me,I seen
some pretty bizarre promises come out of companies and agents who are looking
for Butts in the seats....Only later the driver finds out it was all
bullshit,just words,to get us to change,to something that was worse than the
contract we had.....Things to look out for include,Primary Liability charge
backs,that is insurance for the carriers assets,has nothing to do with us,but
most hide it in the contract as a charge back as a percentage of your line
haul...The last one of those I was involved with was 6% or $18,000 a year,for a
policy that I could buy for $1800 a year,a HUGE slush fund,that ended up as the
main point in an $800 million class action lawsuit....I just heard of one,the
agent had told the driver,IF,he lasted 4 years,he would own the trailer with no
money crossing hands...I know drivers from that company(notice here,I'm not
naming names)who have not lasted 6 months with that agent...There's way more
here,way too many stories,to go into here,bottom line is,if you are
shopping,pay attention to the details of the contract,make sure all those
promises are spelled out IN DETAIL,or bail and do not change carriers...Funny
thing is......I seen guys with so many paint jobs on their truck,they were
overweight BOBTAIL.....Bottom line is....Restarting your career,takes too
long,work out issues where you are...THEN,if it does not work...Find something
else...
Caveat emptor /ˌkæviːɑːt ˈɛmptɔr/ is Latin for "Let the buyer
beware"[1] (from caveat, "may he beware", the subjunctive
of cavere, "to beware" + emptor,
"buyer").Generally, caveat emptor is the contract law principle
that controls the sale of real property after the date of closing, but may also
apply to sales of other goods.
The phrase caveat
emptor arises from the fact that buyers often have less information about
the good or service they are purchasing, while the seller has more information.
Defects in the good or service may be hidden from the buyer, and only known to
the seller. Thus, the buyer should beware. This is called information
asymmetry.
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