Module 03
The contract is the opportunity. The truck is the tool.
How the work is contracted changes the financing risk more than the truck itself. Three arrangements, two scenarios, and a checklist of what we must verify about Rocky's work.
AArrangement
Direct shipper contract
The carrier hauls for a shipper under a direct agreement. The carrier is paid by the shipper.
- Guaranteed minimum volume
- Dedicated capacity
- Preferred-carrier status
Lowest financing risk — committed work at documented rates.
BArrangement
Prime / subcontract arrangement
A prime contractor holds the master contract; the carrier performs as a subcontractor under it.
- Loads available only when needed
- Dedicated capacity under the prime
Medium — depends on whether the carrier is prime or sub, and what's guaranteed.
CArrangement
Broker / logistics loads
Loads are arranged by a broker. The carrier is paid by (or through) the broker.
- Loads available only when needed
- No guaranteed minimum
Highest financing risk — irregular, spot-based work.
Rocky's reported situation
Rocky reportedly operates two trucks hauling dry goods through a government-related transportation arrangement.
✕ Not a verified direct federal contract✕ No committed additional loads confirmed
A
Four trucks — committed work, documented rates
- Committed volume supports fixed debt service
- Documented rates let a lender model the cash flow
- Lower financing risk — the work justifies the trucks
B
Four trucks — irregular available loads
- No guaranteed volume to support fixed payments
- Spot rates swing; some weeks the trucks sit
- Materially higher financing risk — trucks before work
What we must verify about Rocky's work
Not verified Initial status of every item: NOT VERIFIEDClick to cycle: Not verified → In progress → Verified
0/11 verified — in progress.
Rocky's contracting relationship is reported, not verified. Treat every item above as unconfirmed.