Pay Scales

Crete Carrier continues to be a truck transportation industry leader in Owner/Operator compensation. You will enjoy consistent freight and low deadhead (average of from 7% to 8.1% annually in the National Fleet). In addition, Crete Carrier pays practical route miles instead of short route miles to our drivers.

At Crete Carrier, there are two national fleet pay packages available for your selection.

OPTION 1

1. Compensation Package - National Fleet

Qualcomm® Monthly Fees

• Installation is free. Rental is $30 per month.
• Insurance is $10 per month ($3,000 value).

Performance Bond

• $500 Total
• $250 up front on signing lease. Balance in weekly installments of $25 until fully funded.

2. Plates & Permits and Tractor Relicense Credit

The company purchases the plates and permits when you lease your tractor on and you then reimburse the company this cost at the rate of $44 per week throughout the year.

At the end of each calendar year, the company will credit its Owner/Operators with a tractor relicense incentive to be used to offset the Owner/Operator's annual cost of relicensing the equipment. An Owner/Operator furnishing a tractor to the company for the full calendar pursuant to the Option 1 compensation plan, will receive a tractor relicense incentive credit computed at the rate of $0.06 per mile for each paid mile delivered during the year which is in excess of 90,000 delivered paid miles. The incentive credit is calculated each January based on the number of paid miles delivered by the Owner/Operator's tractor during the previous calendar year. The maximum credit cannot exceed the Owner/Operator's actual prorate-licensing expense for that tractor for the following calendar year. To be eligible for the relicense credit, the Owner/Operator must have a current active Operating Agreement with the company and must actually relicense the credit earning tractor for the full year following the year in which the relicensing credit was earned.

For tractors furnished under Operating Agreements commencing after January 1 of any year, the mileage requirements to qualify for the tractor relicense credit are prorated.

3. IRA Contribution

The company will make an annual incentive payment to its Owner/Operators based on consecutive years of operation under contract with the company and on the number of delivered miles traveled during the year. The incentive payment is in the form of a contribution to the Owner/Operator's individual retirement account (IRA). The IRA contribution program requires an Owner/Operator under lease to the company to generate a minimum of 90,000 delivered miles per calendar year and have his or her qualifying tractor active and under lease to the company on February 15th of the year following the calendar year the tractor qualified for the payment. Once eligible, the Owner/Operator is able to receive an IRA distribution of $500 per year up to $1,500 per year.

IRA incentive payments to Fleet Owner/Operators operating more than one tractor under contract with the company will be based on the number of the Fleet Owner/Operator's tractors which meet the minimum annual mileage requirement of 90,000 miles. A company driver purchasing his or her own tractor and immediately making that tractor available to the company under an Operating Agreement with the company so that there is no break in service, will be allowed to include the driver's consecutive full calendar years of service as a company driver in computing "Consecutive Full Calendar Years of Operation" under this policy.

OPTION 2

Ninety-one cents ($0.91) per mile for loaded and authorized deadhead miles where the total trip miles are from 1 to 1,200 and eighty-nine cents ($0.89) per mile for loaded and authorized deadhead miles where the total trip miles are 1,201 or more.

1. Qualcomm® Monthly Fees

Installation, monthly rent and insurance for Qualcomm® is paid by the company.

2. Performance Bond

• $750 Total
• $250 up front on signing agreement. Balance in weekly payments of $25 until fully funded.

3. Plates & Permits

The company provides plates and permits for Owner/Operators at its cost during the first year of the lease. At the end of the first calendar year, the company will provide full plates and permits for subsequent year, if the Owner/Operator ran productive miles.

The Owner/Operator will receive a $0.06 per mile credit on the cost of plates and permits for all authorized delivered miles over 90,000 up to that number of miles multiplied by $0.06 which will cover but not exceed the full cost of the plates and permits.

4. IRA Contribution

The company will make an annual incentive payment to its Owner/Operators based on consecutive years of operation under contract with the company and on the number of delivered miles traveled during the year. The incentive payment is in the form of a contribution to the Owner/Operator's individual retirement account (IRA). The IRA contribution program requires an Owner/Operator under lease to the company to generate a minimum of 90,000 delivered miles per calendar year and have his or her qualifying tractor active and under lease to the company on February 15th of the year following the calendar year the tractor qualified for the payment. Once eligible, the Owner/Operator is able to receive an IRA distribution of from $500 per year up to $1,500 per year.

IRA incentive payments to Fleet Owner/Operators operating more than one tractor under contract with the company will be based on the number of the Fleet Owner/Operator's tractors which meet the minimum annual mileage requirement of 90,000 miles. A company driver purchasing his or her own tractor and immediately making that tractor available to the company under an Operating Agreement with the company so that there is no break in service, will be allowed to include the driver's consecutive full calendar years of service as a company driver in computing "Consecutive Full Calendar Years of Operation" under this policy.