Prime Inc. News

Prime Inc. Raises Min Revenue Per Mile To $1.02 For Refrigerated And Flatbed Division Independant Contractors

June 3, 2011 (Springfield, Missouri) – Prime Inc., headquartered in Springfield, Missouri, which pays its contactors 72 percent of revenue+ has again raised its minimum guarantee for independent contractors in its refrigerated and flatbed divisions, ensuring earnings of no less than $102,000 for every 100,000 miles completed. This enhancement in guarantee still allows the operator to share in gains of the marketplace, but have the assurance that it will never be lower than $1.02 cents per mile. In order to take advantage of this new opportunity, existing Prime operators must contact the leasing company to sign a one page addendum.

"It has long been Prime's belief that contractors should be paid on percentage of the revenue," says John Hancock, Prime's recruiting director." Contractors who are only being paid on a flat per mile rate, are not benefiting from the potential of the marketplace. With our percentage pay program, our operators immediately benefit from market improvements."

Hancock adds that Prime's 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's customer base and growth mean we can deliver superior earnings to our operators, and they get that immediate reward. With our freight network, we're confident of our ability to pay 72 percent and still go no lower than $1.02 per mile plus the fuel surcharge," says Hancock. "Now is a great time to join Prime when you can share in the market, yet still have this $1.02 per mile minimum in place as peace of mind."

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.