The lease agreement is designed to the effect that any owner operator signing it will cover the over head of all loads pulled by the owner operator and the company Blackhawk transport reaps the profit. This is a company that tried to have a large carrier player attitude while trying to maintain a small carrier family atmosphere. The management of the company put themselves into a financial bind, thusby almost having the owner of the company to close the doors multiple times.
In regards to the troubling times, all owner operators considering a lease agreement with this company had better have a large fortune sitting somewhere in a bank drawing interest. A qualified owner operator would have to be a fly-by-night driver with ten year old sub-standard equipment. If you can effectively operate on far less than a dollar per mile at an average of eighteen hundred miles per week (when there is actually a load to haul), then you will be more than welcome to work there. Make your own decisions, but at least utilize this information to better your judgement. If you need further proof just look up their safer-stat numbers on the internet.
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