Independent Contractor Benefit Package
Click on the above benefits or see below for more details
74% Gross Revenue - Greentree Transportation Company pays 74% of the gross revenue.
40% Advance on truck revenue - 40% of the truck pay is advanced on all loads on the day of loading.
Terminal Pay - Everyday is Payday at Greentree Transportation Company - Greentree Transportation Company has 100% terminal pay for its Independent Contractors. When an Independent Contractor has delivered a load, the paperwork can be presented to a Greentree agency for terminal pay. Postage paid envelopes are also provided, as well as the use of trip pak. Settlement is made to you as soon as the paperwork is received.
No Forced Dispatch - Greentree Transportation Company operates a first in, first out board system. All Greentree loads are available for owner operators to view on the Internet. You are not required to take every load an agent offers. You must, however, generate $8,000 gross revenue each month.
100% Independent Contractor Fleet - Greentree Transportation Company operates with a 100% Independent Contractor fleet. We have no company equipment and we do not intend to acquire any in the future.
Driver Referral Program - Should a Greentree owner operator or agent refer an owner operator to sign on with Greentree, the referring owner operator or agent will receive a $100 bonus as soon as the referred owner operator is leased with Greentree. If the referred owner operator is still leased to Greentree 90 days later, the referring owner operator or agent will receive another $100.
Illinois IRP Plates - Illinois IRP plates are available. One quarter of the total base plate cost is required at the time of the equipment lease.
$600 Yearly Incentive - All Greentree Transportation Company Independent Contractors can earn $50 per month toward the following year's unit charges. Requirements are that each tractor generate $8,000 of gross revenue per month, has no chargeable accidents or cargo claims, and all required paperwork is submitted to the main office on a timely basis.
Free Permits - All permits are furnished to the Independent Contractor.
Open Door Policy - Greentree Transportation Company operates an open door policy for all of its Independent Contractors, Agents and Employees.
4.85% Physical Damage Insurance - Independent Contractors under lease to Greentree Transportation Company can purchase physical damage insurance. This insurance covers comprehensive and collision coverage with a $1,000 deductible for the tractor and a $1,000 deductible for the trailer. The premium is calculated on 4.85% of the stated value of your equipment. One month premium and one month deposit is required up front.
Company Paid Fuel & Road Taxes - Greentree Transportation Company pays the permanent Independent Contractor's fuel & road taxes for all states. The Independent Contractor is required to send all fuel receipts to Greentree Transportation.
Non-Trucking Insurance - Non-trucking insurance must be carried by the Individual Independent Contractor in the amount of $500,000. Greentree Transportation Company offers its Independent Contractors non-trucking insurance coverage for a low monthly cost of $35.
Occupational Accident Coverage - Independent Contractors may elect coverage under Greentree Transportation's Occupational Accident insurance policy or obtain their own worker's compensation coverage. Insurance premium of $170 per month will be deducted from your settlement.
Passenger Accident Insurance - Passenger Accident Insurance provides $100,000 in medical and/or death benefits if your authorized passenger is injured while on a trip. Premium for this required insurance is $10 a month.
Central Dispatch - Greentree Transportation Company operates a Central Dispatch Department from 8:00 to 6:00 pm E.S.T., Monday through Friday. Each dispatcher coordinates movements of freight in one of five regional areas. Availability of permanent equipment is communicated to our agents on a daily basis. Utilization of our permanent equipment is dispatch's primary objective.
100% Commissioned Agents - Greentree Transportation Company operates all of its 90 terminals as independent commissioned offices. In addition, Greentree Transportation Company permanent Independent Contractors have access to Greentree's sister company agents of American Transport, Inc and Aetna Freight Lines, Inc. This is an additional 120 terminals
$100 Cash for Violation Free D.O.T. Inspection Report. - If you go through a Level 1,2 or 3 inspection and there are NO VIOLATIONS on you or your equipment, Greentree will put $100.00 on your Comdata or EFS Card
National Tire Accounts - Discounted prices for Toyo & Yokohama tires at participating dealers. Contact Greentree Transportation Company headquarters for details.
Fuel Discounts - Greentree Transportation Company receives fuel discounts at selected Petro, Pilot, T/A & Loves Travel Center Location. Fuel discounts are automatically recorded on your Comdata Card at time of purchase. Call Central Dispatch for details.
Hospitalization Benefit Package - Greentree offers hospitalization coverage to all of their drivers, owner operators and agents at group rates through Benefit Dispatch. The program includes coverage for major medical, limited medical, prescriptions, critical illness, term life insurance, discount dental & Vision.
Individual(k) Retirements Savings Plan - Access to an Individual(k) Retirement Savings Plan which has a 401(k) feature designed for the businesses with no employees other than the owener-operator and the owner's spouse. Contributon can be withheld with approval from settlements and sent directly by Greentree to the investment institution.
Monthly Top Independent Contractor's List - Each month, recognition is given to the top 10% Independent Flatbed Contractors, Stepdeck/Doubledrop Contractors, as well as Heavy Haul Contractors.
Yearly Independent Contractor Awards
Each year Greentree recognizes the Top 10% of their Independent Contractors in the following divisions:
Flatbed
Stepdeck 2-axle trailer
Stepdeck 3-axle trailer
DoubleDrop 2-axle trailer
DoubleDrop 3-axle Trailer/4-axle tractor
Stretch Doubledrop 2-axle trailer
Stretch Doubledrop 3-axle trailer/4-axle tractor
Specialized Equipment
Each qualifying Independent Contractor will receive a $1,000.00 U.S. Savings Bond and a GRT Elite Fleet Jacket
Safe Driving Award Program - Greentree Transportation Company initiated a safety award program to recognize permanent Independent Contractors.
Awards
1 Year
Laminated Road Atlas
2 Years
Deluxe Travel Bag
3 Years
Greentree Watch
4 Years
Greentree Attaché
Case
5 Years
$500 U.S. Savings
Bond
6+ Years
U.S. Savings Bond
equivalent to $100 for
each safe year.
Quarterly Safe Driving Contest - Each quarter all Independent Contractors that generate at least $8,000 gross revenue per month and have no preventable accidents or cargo claims will have their choice of receiving a $50 U.S. Saving Bond or a $25 Pilot Truck stop Gift Card.
Longevity Awards - Greentree Transportation Company recognizes our drivers for their years of service.
Awards
5 Years
5
Year GTC Jacket
10 Years
$1,000 U.S. Savings Bond
15 Years
$1,500 U.S. Savings Bond
20 Years
$2,000 U.S. Savings Bond
25 Years $2,500 U.S.
Savings Bond
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Safety Policy
"No job is so important, and no service so urgent, that we cannot take the time to perform our work safely."
Minimum qualification requirements - The minimum qualification standards that were applied by Greentree Transportation Company in considering an applicant for a driver's position are as follows:
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Three years verifiable experience in the operation of a tractor-trailer unit, over the road, with a motor carrier. (This experience to include a minimum of one year's experience with the type of trailer the applicant will be pulling.) |
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Heavy Haul drivers must have three (3) years experience operating a combined total of six (6) axles or more. |
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No more than two (2) moving violations within one year prior to that date of application |
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No preventable accident, which resulted in a fatality, serious injury or major property dames, within three (3) years prior to that date of application |
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No more than four (4) moving motor vehicle violations within the three (3) years prior to the date of application |
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No more than (1) preventable accident, which did not result in a fatality, serious injury or major property damage within the three (3) years prior to the date of application |
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No commercial transportation related felony, theft or larceny conviction within the application's lifetime that resulted in an active prison or jail sentence. All other non-transportation related convictions will be subject to review at the discretion of the company and/or its insurance company. |
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Driver applicant must be 23 years of age or older. |
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Driver applicant has no record of DUI, DWI, OWI or Reckless Driving/Operation Conviction on driving record with the previous five (5) years. |
The nature and severity of any of the
items reference above, as well as the driver's record, reviewed in totality, may
be sufficient cause for declination of the application.
Questions - Please feel free to contact us with any other questions you may have. Contact our Safety Department at 800-233-3262, our Central Dispatch at 800-233-3262, or click on the Pre-App Form button on the GTC Home page, fill it out and fax it to us at 412-787-4432.