Minimum Rental Rates. (a) For the purpose of protecting the established driver's rates and established conditions, minimum rental rates for the leasing of equipment owned by employee shall be determined by negotiations between the parties in each locality, for the equipment used in that locality. At no time will the rental be less than the following: Tractors only - 65% of gross revenue; Tractors trailers and/or semi-trailers - 75% of gross revenue; or as otherwise provided for in Local Riders; provided, however, that reduced rates shall not be used for competitive factors against motor carriers in the same immediate area. Gross revenue for the purpose of this Agreement is defined as total tariff proceeds received by the carrier exclusive of all arbitrary and ancillary charges which are justified. Driver-owners transporting automobiles and/or trucks shall receive no less than driver's wages plus the following rates on a calendar month basis: Per running mile June 1, 1999 48¢ Driver-owners when deadheading with equipment shall be paid the following rates for equipment cost in addition to the driver's wage if ordered to deadhead and the deadhead miles are in excess of fifty percent (50%) of the total miles in any one (1) tour of duty: Per mile June 1, 1999 48¢ Driver-owner may, by mutual agreement, agree to deadhead and in such event, the driver-owner shall receive no pay for the equipment, but shall be paid driver's wages, which shall not be deducted from truck earnings. At the option of the owner-operator, the Employer will deduct a specified amount from the owner-operator's equipment rental for the purpose of establishing vacation accrual which will be payable to the owner-operator upon request, consistent with Article 51 of this Agreement. The Employer shall be obligated to provide to the Local Union pertinent information related to its justification for an ancillary or arbitrary charge, including, if requested, underlying financial data supporting the Employer's justification, and line haul tariff rates, prior to implementation. This does not obligate the Employer to divulge nonpertinent information in violation of any confidentiality provisions of its contract with its shipper. The Union further agrees to recognize the confidentiality of any rate information provided under this provision. It is understood, however, that no ancillary or arbitrary charge will be deemed justified if it reduces the owner-operators' pre-existing revenue levels when the ancillary or arbitrary cha...
Minimum Rental Rates. (a) For the purpose of protecting the established driver’s rates and established conditions, minimum rental rates for the leasing of equipment owned or leased by an employee shall be determined by negotiations between the parties in each locality, for the equipment used in that locality. At no time will the rental be less than the following: Effective June 1, 1999 through May 31, 2001 Tractors only-sixty-three percent (63%) of gross revenue with no arbitrary or ancillary charges; Tractor and trailer leased from the Company – sixty-five percent (65%) of gross revenue with no arbitrary or ancillary charges. Tractors and trailers and/or semi-trailers provided by the owner-operator – sixty-seven percent (67%) of gross revenue with no arbitrary or ancillary charges.
Minimum Rental Rates. (a) For the purpose of protecting the established driver’s rates and established conditions, minimum rental rates for the leasing of equipment owned by employee shall be determined by negotiations between the parties in each locality, for the equipment used in that locality. At no time will the rental be less than the following:
Minimum Rental Rates. (a) For the purpose of protecting the established drivers’ rates and established conditions, minimum rental rates for the leasing of equipment owned by employee shall be determined by negotiations between the parties, in each locality, for the equipment used in that locality. At no time will the rental be less than the following: Tractors only--65% of gross revenue. Tractors, trailers, and/or semitrailers--75% of gross revenue or as otherwise provided for in Local Riders; provided, however, that reduced rates shall not be used for competitive factors against motor carriers in the same im- mediate area. Gross revenue for the purpose of this Agreement is defined as total tariff proceeds received by the carrier, exclusive of all arbitrary and ancillary charges which are justified.
