Fikes Truck Line launches equipment program

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Fikes Truck Line recently announced the launch of its Fikes FreeWay program, designed to connect professional drivers with affordable equipment and support their long-term success with bookkeeping, tax preparation and financial advice.

The FreeWay is open to independent contractors and company drivers seeking to become owner-operators who meet the criteria for a lease with Fikes, based in Hope, Ark. The program was conceived by Jack Milligan, who serves a dual role as director of special projects at Fikes and as president of Higher Roads, an organization that helps truckers advance their personal and business goals.

“Many drivers want to get out on their own, but too often we see them get in over their heads, and quickly,” Milligan says. “We wanted a truck program where qualified candidates could own a truck and be positioned to run it profitably. We’re setting them up to succeed through payment plans, maintenance programs and financial services that get them focused on their goals. When they sign on with Fikes, they will never have to compete with company drivers or equipment.”

The Fikes FreeWay is designed to help truckers launch and maintain an independent operation, providing:

  • Access to equipment that can be acquired and owned directly by the contractor through third-party equipment suppliers that specialize in quality used trucks. Fikes is not involved with the transaction and has no stake in the truck;
  • A zero-down ownership opportunity;
  • A fair maintenance escrow that ensures operational safety, while maximizing cash flow;
  • Convenient settlement deductions to manage truck payments;
  • Bookkeeping, tax preparation and business planning with Higher Roads; and
  • Buyout options that make payoffs and equipment upgrades possible.
  • “Fikes has always prioritized the personal success of our owner-operators,” says Gary Salisbury, who began his career at Fikes as a contractor and today serves as senior vice president and chief operating officer. “The Fikes FreeWay is designed for independent-minded professionals who want to create financial freedom, and are committed to doing what it takes to get there. Fikes is the company that will support their achievements.”