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Thread: Socratic question
- 06.12.2012 #1Road Train Member
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Socratic question
Would you rather average $3/mile and 1800 miles/week or $2.30/mile and 2500 miles/week ? This question is probably more relevent to open deck carriers.
- 06.12.2012 #2Road Train Member
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I would rather average $3 per mile.
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- 06.12.2012 #3Bullishly Optimistic
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I'll take less miles for $3, Alex.
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- 06.12.2012 #4Road Train Member
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for the record, it's not a gotcha question. somebody said it's better to wait a day or two for better paying freight the other day. I've always had the mindset of keep the truck moving, grab a shorty if nothing else, stack that cheese, etc... but it got my wheels turning. does your cost per mile go up if you average less miles ? insurance, permits, licensing is based on time... but your depreciation on equipment is less. How do you figure it ? I know if I run 2500 miles/ week $1/mile will cover fuel, depreciation, maintenance, and repairs. But what if I only run 1800 ?
- 06.12.2012 #5Road Train Member
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If you run less miles your cost per mile for fuel will not change, unless you have alot more idle time. But if you can keep your idle time down there is a gain at the end of the week in fuel savings for running 700 less miles. On paper yes, your other costs will go up per mile. I even have my plates figured out into a cost per mile. Its hard when you sit back and look at a scenario like this and think what most everyone else thinks. "more miles equals more money" More gross maybe, but less net. Last year when I started pulling for Mercer I had the attitude of get out there and run as many miles as I could. But from the very first week out, for the first time in my career I was looking at the load board myself and calling all the shots. So I decided to not run as many miles, but focus more on the rates and lanes and see how I could come out money wise. To say the least I have been pleasantly surprised.
Last edited by Oscar the KW; 06.12.2012 at 09.59 PM.
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- 06.12.2012 #6Road Train Member
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Using your numbers from above here is something for you to think about. $3pm, 1800 miles per week is 90,000 miles per year. A gross revenue of $270,000 a year. Avg fuel mileage of 6mpg is 15,000 gallons at a cost of 3.60per gallon for a total of $54,000 in fuel. $2.30pm, 2500 miles per week is 125,000 miles per year. A gross revenue of $287,500. Avg fuel mileage of 6mpg is 20,833 gallons at a cost of $3.60 per gallon for a total of $74,998 in fuel. You will save $20,998 in fuel by running less miles, but will gross $17,500 more by running more miles. So at the end of the year you will be $3498 ahead to work less, and that is just fuel alone, no other maintenance figured into that. By the time you figure that into it you will be even farther ahead to run less and make more per mile. It is a hard concept to grasp until you have seen it spelled out, and very rewarding once you have lived it.
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- 06.12.2012 #7Even when I'm wrong I'm right
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$3 ....with 20,000 max weight....now ya talkin!!!!!
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- 06.13.2012 #8Road Train Member
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it gets to be a tricky math problem real quick, that's for sure ! It's really kind of fun for me to pencil it out and all that, but like today I spent most of the day putting together three partial shipments to get me from Oklahoma to South Carolina. tricky to put the partials together, thought I had it at noon until the broker for the first load said they had problems and wouldn't ship til Friday. worked out okay, I found a third piece to add after the second pickup. If things go well I will have all three off Monday. There's still part of me that thinks I could have taken a quick cheapie, picked it up today and had it off friday, taken a couple days off and been sitting in a good spot to load Monday morning. But if I get all three of these off Monday I'll be in a good spot Tuesday morning to load.
- 06.22.2012 #9Bobtail Member
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Heres a question on topic that I had to ponder just yesterday. Dispatcher calls me at 3:30 pm and offers me 2 loads out of Louisville:
-load A from Louisville to Little rock 550miles(450)loaded for $1100 weighs 20,000lbs
-load B from Louisville to Atkins VA 350miles(345)loaded for $1100 weighs 43,000lbs
which one would you take?
- 06.22.2012 #10Medium Load Member
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Err on the side of fewer miles if all else is equal. The saved wear and tear on your engine, transmission, rear end, and tires are grossly understated in this example.

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