OTR Lease Purchase Program

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Newcomb Lease Purchase Program   (855) 855-1285 ext. 101

ALREADY OWN A TRUCK or TRUCK & TRAILER?  Click to learn more about our new Owner Operator Program

Once you're operating under Newcomb Transportation, Inc. authority as an Owner Operator, you can choose to receive (for solo drivers) $1.02cpm (loaded & empty, all miles paid) + FSC. 100% fuel surcharge paid to the driver. OR, 85% - 90% of all line-haul revenues in Refrigerated, Flatbed & Van Divisions generated by your truck. You'll get paid in one or two days after submitting freight delivery paperwork to Newcomb.


 

DON’T OWN YOUR TRUCK, BUT WOULD LIKE TO TEST DRIVE BEING YOUR OWN BOSS?

There’s never been a better time to find out what it’s like to be your own boss as an Independent Contractor. Right now, you can lease a newer, well-equipped truck with lower costs

It’s never been easier thanks to our new Newcomb Transportation Lease Purchase Program. Now you can lease a newer truck backed by a bumper-to-bumper, 30-day warranty. Click to learn more about our new Lease Purchase Program. Great contract rates and consistent miles.

Few Of Many Lease Benefits By Newcomb 

  • Great contract rates and consistent miles

  • The opportunity to own your own business

  • No credit check (medical, driver experience check)

  • The buying power and support you need to succeed


As an industry leader, Newcomb Transportation strives to set the pace in everything we do. Offering Owner Operators, Fleet Owners and Lease Operators standard benefits is just one of the ways we strive to make lives better.

Medical/Dental

Newcomb Transportation offers medical and dental insurance coverage to Owner Operators, Fleet Owners and Lease Operators and their eligible dependents. Owner Operators, Fleet Owners and Lease Operators are eligible to enroll during the first 30 days of employment, the coverage becomes effective the first of the month following 30 days of employment.

The medical coverage is a PPO (Preferred Provider Organization) medical insurance that permits you to obtain care and service from any provider you choose. The medical coverage includes prescription drug coverage. Owner Operators, Fleet Owners and Lease Operators, and their eligible dependents enrolled in the medical insurance are eligible for dental insurance.

Owner Operators, Fleet Owners and Lease Operators may elect medical insurance only, or medical and dental insurance.

Blue Cross Blue Shield of Nebraska (BCBSNE) administers our health and dental insurance.

Vision

Newcomb Transportation offers vision coverage to Owner Operators, Fleet Owners and Lease Operators and their eligible dependents. Owner Operators, Fleet Owners and Lease Operators are eligible to enroll during the first 30 days of employment, the coverage becomes effective the first of the month following 30 days of employment.

There are two plan options available to choose from. Superior Vision offers a nationwide network of providers including many convenient and one-hour locations. Provider information is available on the web site: Superior Vision

Basic Life/Accidental Death And Dismemberment

If you participate in the health or health and dental plans through Newcomb Transportation, you will automatically receive a $7,500 basic term life and accidental death and dismemberment benefit. The basic term life insurance will double if death is due to an accident. This benefit becomes effective on the day that your health insurance starts.

Passenger Permits:

Many drivers enjoy having passengers ride with them. Newcomb also recognizes long periods away from home make it hard for drivers to spend as much time with their family as they would like. The Company has no objection to carrying a passenger as long as the Company is protected from liability in case of an accident or injury. In order to protect the Company’s interests, all riders must be covered by accident or health insurance. Drivers and passengers will also be required to consent to waiver and indemnity agreements. Please call a Driver Services Representative with any questions.

A rider’s passenger permit must be signed by a Newcomb safety director and must be carried on the truck at all times.

Cancellation of Passenger Permits:

Insurance premiums will be withheld from your paycheck every month or until the Company receives a cancellation form indicating the passenger is no longer riding with you. The form must be sent to the Omaha office. Insurance cannot be canceled over the phone. You can obtain this cancellation form from a Driver Services Representative.

Pet Permits:

The Newcomb Transportation encourages employees to be responsible pet owners. This means pets must not be allowed to damage Company or customer property. It also means pets must be kept under control at all times so they do not injure anyone.

 

Newcomb Advantages

You may be asking yourself “What are the advantages to join Lease Purchase Program?” and “Why would a Company driver or any OTR driver want to become an Owner Operator?” Here are just some of the reasons:

  • Lease Purchase Advantages
    • The opportunity to supply your family with a better life.
    • Higher income
    • Tax benefits
    • Able to select a truck from a group of well maintained Werner used trucks (Freightliner, Peterbult and Kenworths)
    • Company Driver payroll deduction Savings Plan for the down payment
    • The truck payment is deducted from your weekly Settlement
    • Competitive interest rates
    • Newcomb Transport has a limited number of vehicles available for No Money Down. Contact Newcomb for more details.
    • You can stay on your current 48 state Fleet Manager’s board if you wish. Several Dedicated and Regional divisions are available for Owner Operators too.

    • Group rates for: 1.Medical and Dental Insurance 2.Workman compensation coverage, 3.Truck insurance – Bobtail and Property Damage
  • Information About The Lease Purchase Program

    • The Lender (Newcomb Transportation) makes all the decisions regarding Lease Purchase approval. Once it is approved, you can obtain more information about the Financial Lease Agreements, contract with Newcomb Transportation (the lender) approving your application. The Newcomb requires the equipment to stay leased on with Newcomb Transportation throughout the term of the lease

    • If you are financing the truck through the Newcomb Owner Operator program the truck payment will come out of the weekly settlement. These payments will only be deducted if there are sufficient funds are in your settlement.

    • Trucks available in this program are Freightliner, Kenworth, Peterbilt.
    • Competitive fuel reimbursement paid to the truck for every mile loaded and deadhead to help defer the price of diesel fuel.
    • The down payment is not required at the time of equipment lease.
    • Purchasers leasing a tractor under the Special Lease Purchase Plan must agree to enter into a Contractor Operating Agreement with Newcomb Transportation, Inc. at the time of the Lease
    • Purchasers become the Owner Operator of the truck and must operate the equipment for a time of the Lease To Own program (36-48months)
  • Newcomb Lease Purchase Program Assistants
    • Tires, parts, repair assistance by Newcomb at very competitive prices.
    • Newcomb provides weekly trip settlements. Settlements are issued each Tuesdays. The settlement week is Tuesday through Monday midnight. You have the option to receive settlement information via regular mail, fax, or E-mail.
    • Newcomb supplies all plates, permits, and pays all authorized tolls.
    • Insurance is available at competitive rates; these include Health & Dental Insurance, Worker’s Compensation Insurance, and Bobtail & Physical Damage Insurance.
    • Newcomb can help you with many administrative details such as rider passes and pet permits.
    • Direct Deposit is available and gives you faster access to your funds. A new direct deposit form will need to be filled out as a Contractor. Allow up to 3 to 4 weeks for the new direct deposit to be processed.
    • Maintenance Escrow Account is available through Newcomb this allows you to set aside 2 (two) to 10 (ten) cents per mile. This gives you a fund to pay for truck repairs, tires, and/or road breakdowns. The Current Newcomb program requires 8 (eight) cents minimum.
    • Owner Operators may use the Newcomb fuel card system and have the fuel costs deducted from their weekly settlements.
    • Accounting services and Legal services can be arranged through a third party, for a monthly charge, which comes out of the settlement check.
    • Contractor’s Pay Scale is available upon request. Ask Newcomb.

Operators sign lease contracts with Newcomb Lease To Own Program for their tractors. Lease payments ranging from $910-$1600. Payment is based on type of truck available. A standard 4.5¢ per mile mileage charge is also applied to each lease.

Weekly average revenue per truck was as follows:

  • $3,690 for the Flatbed division
  • $3,845 (solo)/$5,950 (team) for the Refrigerated division

Once you’re operating under Newcomb Transportation, INC. MC Authority as an Owner Operator, you can choose to receive (for solo drivers) $1.02cpm (loaded & empty, all miles paid) + FSC. 100% fuel surcharge paid to the driver. OR, 85% – 90% of all line-haul revenues in the Refrigerated & Flatbed Divisions generated by your truck.

Whenever and wherever you can save money, it’s passed right back to you. For example, if you save money on fuel, whatever you save goes in your pocket. The more efficiently you run, the more money you make.

Newcomb Transportation in North America utilizes Fuel & Route a computer program designed to evaluate routing and fueling alternatives, for driver associates. This unique and innovative system recommends the lowest fuel stops for any given dispatch, which enables driver associates to substantially cut fuel costs and ensure on-time delivery.

So, no matter which division you prefer to operate in Newcomb Lease To Own Program gives you the ability to not only earn a living but to provide a better lifestyle than you ever thought possible.

 

 

Lease Purchase Pre-Qualification:

As a Newcomb Transportation Owner Operator, you’ll have a choice you’ve probably never had before – Independence.

Click on the image below for Fleet Owner Bonus information.

Click the image for Owner Operator Incentive Bonus ProgramsClick the image for Owner Operator Incentive Bonus Programs

Note:  Newcomb Owner-Operator program is among the best, versatile and very competitive in the trucking industry. To start your Owner-Operator process, fill out all the forms below. After your pre-qualification information approved, we’ll continue with the next step of your leasing process – Owner Agreement.

1. Driver Pre-Qualification Form

2. PSP Authorization (Pre-Employment Screening Program) 

3. Independent Contractors Application


For more information call: (855) 855-1285 ext. 101  Apply Now

 

 
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Trucks Offered By Newcomb Lease Purchase Program

So, if you’re ready to combine the freedom of the open road with the freedom of being your own boss – today is the day to start. Call now for weekly payment options on our latest trucks!

Peterbilt 387 


  • 70″ Ultracab
  • CAT C15 435 HP (Uprateable)
  • 9-Speed RTLOC 16909-AT2
  • 3.55 Ratio
  • P/S, A/C, Jake, Cruise Control
  • Power Windows
  • Tilt/Telescopic
  • Peterbilt Low-leaf Air Ride
  • LP22.5 Tires
  • Ten Aluminum Wheels
  • Air Slide 5th Wheel
  • 238″ WB

(Learn More About Peterbilt Trucks)

 
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Freightliner Century Class, Columbia, Cascadia 


  • 70″ Condo Sleeper
  • CAT C15 435 HP Detroit 14.01
  • 9-Speed RTLOC 16909-AT2
  • 3.55 Ratio
  • P/S, A/C, Jake, Cruise Control
  • Power Windows
  • Tilt/Telescopic
  • Air-liner Air Ride
  • LP22.5 Tires
  • Ten Aluminum Wheels
  • Air Slide 5th Wheel
  • 233″ WB

(Learn More About Freightliner Trucks)

 
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Kenworth T660, T660SS, T700 


  • 72″ Aerocab Aerodyne
  • CAT C15 435 HP (Uprateable)
  • 9-Speed RTLOC16909AT2
  • 3.55 Ratio
  • P/S, A/C, Jake, Cruise Control
  • Power Windows and Locks
  • Tilt/Telescopic
  • AG380 Air Ride
  • LP22.5 Tires
  • Ten Aluminum Wheels
  • Air Slide 5th Wheel
  • 234″ WB

(Learn More About Kenworth Trucks)

 
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International ProStar 


  • 73″ Hi Rise Sleeper
  • CAT MaxxForce 410-500 HP
  • 10-Speed RTLOC16909AT2
  • Axle Ratio: 3.42
  • P/S, A/C, Jake, Cruise Control
  • Power Windows and Locks
  • Great Fuel Mileage Truck
  • Air Ride Suspension
  • Tilt-Telescoping Steering Column
  • Best-In-Class Aerodynamics
  • Best-In-Class Cab Noise at 72 db
  • Wheel Base: 230″

(Learn More About International Trucks)

 

Unlike traditional pay packages, with Newcomb you are not limited to "cents per mile" or longevity with the company. You are, in essence, in business for yourself. The lease is the best in the business, and so is the equipment you'll operate. Newcomb Lease to Purchase Program features only state-of-the-art equipment, outfitted with the most advanced technology available, and powered by 500 horsepower engines.


 

 

Lease Purchase Pre-Qualification: 

Click on the image below for Fleet Owner Bonus information.

Click the image for Owner Operator Incentive Bonus ProgramsClick the image for Owner Operator Incentive Bonus Programs

Note:  Newcomb Owner-Operator program is among the best, versatile and very competitive in the trucking industry. To start your Owner-Operator process, fill out all the forms below. After your pre-qualification information approved, we’ll continue with the next step of your leasing process – Owner Agreement.

1. Driver Pre-Qualification Form

2. PSP Authorization (Pre-Employment Screening Program) 

3. Independent Contractors Application


For more information call: (855) 855-1285 ext. 101  Apply Now

 
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