Fikes Ups Contractor Compensation
The Fikes Family of Companies will increase compensation for owner-operators who bring their own trucks, trailers and tags to a contract
The Fikes Family of Companies will increase compensation for owner-operators who bring their own trucks, trailers and tags to a contract.
Both Fikes Truck Line and FTL Custom Commodities are now paying 80% of gross revenue to contractors who qualify. For current contractors this is an increase of between 2% and 5%.
"We do have equipment and tagging programs for owner operators who need assistance getting started with Fikes," says Jim Honea, VP of operations, "but we want to reward contractors who are self-reliant and provide an incentive to others to become more independent. These contracts are generally more profitable because they require less back office administration. It's a win-win for the contractor and Fikes."
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