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Question about current freight rates for O/O

Discussion in 'Ask An Owner Operator' started by flatbed1290, Nov 28, 2014.

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  1. Nov 28, 2014 #1
    flatbed1290

    flatbed1290 Light Load Member

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    What are average rates for flatbed freight right now? Doesn't matter where except no california. Is it reasonable to expect to average 1.80/ mile? Thinking hard about becoming an O/O and leasing on with someone like Mercer.
     
    flatbed1290, Nov 28, 2014
    flatbed1290, Nov 28, 2014
    #1
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  3. Nov 28, 2014 #2
    Skate-Board

    Skate-Board Road Train Member

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    Rates are all over the place depending who you lease on with, number of miles, lanes and type of trailer. No way to answer your question.
     
    Skate-Board, Nov 28, 2014
    Skate-Board, Nov 28, 2014
    #2
    flatbed1290 Thanks this.
  4. Nov 28, 2014 #3
    flatbed1290

    flatbed1290 Light Load Member

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    Don't mean to be too general. Just trying to learn as this is a huge decision and I know first time O/Os tend to have a low success rate. Just trying to do the home work and do it right.
     
    flatbed1290, Nov 28, 2014
    flatbed1290, Nov 28, 2014
    #3
  5. Nov 28, 2014 #4
    Skate-Board

    Skate-Board Road Train Member

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    Are you going to lease the truck through Mercer or do you have a truck already? Sorry, didn't see the part where you were going to run flatbed.
     
    Skate-Board, Nov 28, 2014
    Skate-Board, Nov 28, 2014
    #4
  7. Nov 28, 2014 #5
    flatbed1290

    flatbed1290 Light Load Member

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    I will be buying a truck, and hopefully own it outright when I lease on with them. I might lease their trailer though.
     
    flatbed1290, Nov 28, 2014
    flatbed1290, Nov 28, 2014
    #5
  8. Nov 28, 2014 #6
    Skate-Board

    Skate-Board Road Train Member

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    Then yes, you can do $1.80 and more. If you stay East of the Mississippi you will probably do around $2.00 per mile running OH/PA to NC/SC and back again as an example. Lots and lots of flatbed freight. Then if you get sick of that run you can take a load out West for maybe $3.00 then take it up the butt coming back but still average your $2.00
     
    Skate-Board, Nov 28, 2014
    Skate-Board, Nov 28, 2014
    #6
    flatbed1290 Thanks this.
  9. Nov 28, 2014 #7
    flatbed1290

    flatbed1290 Light Load Member

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    Thanks. I really appreciate that info. The closest thing I have to a home is my wife's parent's place in Michigan so I would be running out of the chicago area a lot. We live on the company truck and say out 2 month plus and don't plan to change that. All the math I have done shows 1.80 being the point where I could comfortably make it even with a modest truck payment and 4.00 a gallon fuel.
     
    flatbed1290, Nov 28, 2014
    flatbed1290, Nov 28, 2014
    #7
  10. Nov 28, 2014 #8
    Skate-Board

    Skate-Board Road Train Member

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    Merrimack, NH
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    Chicago is a candy land for flatbedders
     
    Skate-Board, Nov 28, 2014
    Skate-Board, Nov 28, 2014
    #8
  11. Nov 28, 2014 #9
    flatbed1290

    flatbed1290 Light Load Member

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    Sure seems that way as a company driver. See a lot of landstar and Mercer drivers in the same places we we load at around Chicago.
     
    flatbed1290, Nov 28, 2014
    flatbed1290, Nov 28, 2014
    #9
  12. Nov 28, 2014 #10
    Skate-Board

    Skate-Board Road Train Member

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    I'm an independent and this is a current screen shot of a 100 mile radius of Chicago off the load board. It's the holiday so not a good example but you should get right around the same pay


    [​IMG]
     
    Skate-Board, Nov 28, 2014
    Skate-Board, Nov 28, 2014
    #10
    flatbed1290 Thanks this.
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