Average cents per mile?

Discussion in 'Ask An Owner Operator' started by Fullforce, Feb 2, 2012.

  1. Fullforce

    Fullforce Light Load Member

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    I have seen a few threads on how much most o/o get per mile (average) but most are atleast 2 or 3 years old.
    Shoot me down if you want but I am trying to get a fairly close budget estimate going here but I need to know what to expect as far as how much most o/o get per mile.
    So if anyone wants to post up there average loaded, unloaded, and what type of trailer your pulling that would help me out alot and probly many others.
    If there is another thread on this please feel free to guide me in the right direction.
    Thanks everyone and be safe
     
  2. Unclegrumpy

    Unclegrumpy Light Load Member

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    Looking at the LS board for 75 mi. radius Rockford, Il. flat/step truck loads are averaging 2.50 to 3.50, 1.87 for the low and 5.50 for the high. I don't do ltl for less than 1.65 for a third of the trailer.

    Being February it's a little slow right now, these rates will jump by a dollar or better when spring arrives.
     
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  3. Fullforce

    Fullforce Light Load Member

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    Ah ha! Why didn't I think to look at the load board ( duh.....)
    Lol thanks
     
  4. Sly Fox

    Sly Fox Road Train Member

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    I just started as an O/O, and it's a daunting process trying to price yourself right without underpricing you.

    truckloadrate.com is a good source. The first month is free (so, until 2/28) and it's $30/mo after that if you're an OOIDA member. It's decent. Shows you freight rates, historical averages for dry/reefer/flatbed between points. Shows FSC average, etc. Also has a neat feature of finding cheapest fuel on the route between cities based on IFTA-adjusted price.

    Not definitive, but it gives a decent idea what price you're offered with what the averages are said to be for that run.
     
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  5. Cowpie1

    Cowpie1 Road Train Member

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    From the lease on side of things, maybe an O/O wouldn't get as much per mile as was mentioned here, but then, it is not the same can of worms. For instance, I may only get $1 a mile and a fuel surcharge of $.44, but then, I also get near $.30 off the cash pump price when I fill up with no fee some places to a max of $.75 fee for the fuel card, the carrier also reimburses my base plate cost, I don't have to pay rent on their trailer, I can get all my equipment insurance for less than $100 a month, I get reimbursed for deadhead miles, and the only fee I have with the carrier is $10 a week for the qualcomm, etc.

    I may not have quite the flexibility of doing things like, say, an independent or someone doing the Landstar thing. But it doesn't mean that it can't be almost or as much profitable. Of course, that depends on who you are contracted with. For that, you have to do your due diligence to make sure you are with a carrier that you can actually make money at.

    There is a place for everyone. No side is better than the other. Many lose their shirt doing the LandStar thing just as many lose their shirt doing the lease on thing. Likewise, there are very profitable truck owners on both sides. It comes down to how much of a business manager your are, and what works best for the type of individual you are as well.
     
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  6. TheRoadWarrior

    TheRoadWarrior rocking-n-rollin again

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    you planning on being an O/O FullForce... Cause if you are there are a couple of threads you need to check out...
     
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  7. SHC

    SHC Spoiled Rotten Brat O/O

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    If you managed 250 cents per mile you'd be able to survive.
     
  8. Wings2Wheels

    Wings2Wheels Medium Load Member

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    I like 500 to 600 cents per mile, personally.
     
  9. Cowpie1

    Cowpie1 Road Train Member

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    I agree!! Instead of the "more miles, more money" crap on the back of company trailers, I want "less miles, more money". I wonder how many calls a carrier would get if they put that on the back of their trailers!
     
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  10. lovesthedrive

    lovesthedrive The Confuzeled

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    If your going to do it, it should be half the price of fuel per gallon per mile. Present price here in Northeast is $4.10, price per mile $2.05

    Just my opinion
     
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