FSC? Help

Discussion in 'Ask An Owner Operator' started by toledoT, Sep 22, 2016.

  1. toledoT

    toledoT Bobtail Member

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    I'm starting to do research on making the jump to O/O. I'm having trouble understanding how a FSC works. Can someone help me in simple terms. Maybe an equation to figure out price per mile needs. I'm including one of the postings I've seen as an example. Thanks in advance


    Owner Operator Pay: $.96 per Total Miles
    FSC for ALL Dispatch/Round Trip Miles at $1.20 Peg, paid at $.01 per mile, per $.06 increments, based on National DOE.
     
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  3. xsetra

    xsetra Road Train Member

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    The way I understand it. The base price of fuel is $1.20 the FSC is one penny for every 6 cent increase of the price of diesel on the National Department of Energy .
    IF the fuel price today is $2.50 minus $1,20 =$1.30 divided by 6 equals .217 is the FSC
    Your pay (.96 +.21)=1.17 per mile.
    Good luck
     
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  4. toledoT

    toledoT Bobtail Member

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    Why divide by 6?
     
  5. xsetra

    xsetra Road Train Member

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    every 6 cent increase in the price of fuel gives you a 1cent increase in FSC
     
  6. toledoT

    toledoT Bobtail Member

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    That's embarrassing should have seen that
     
  7. xsetra

    xsetra Road Train Member

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    What is embarrassing is the pay rate.
     
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  8. toledoT

    toledoT Bobtail Member

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    alot of the companies I've been looking at are paying around a dollar a mile. Some of the big companies I've looked at, the drivers complain about sitting around
     
  9. xsetra

    xsetra Road Train Member

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    I got an email today from
    Approx. 2,800 miles per week at $1.23+FSC ALL MILES = $3,920 gross revenue
    Good luck with that FSC.
     
  10. DUNE-T

    DUNE-T Road Train Member

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    At the end of the year with all the truck maintenance, breakdowns and all that fun stuff, you probably gonna net as much as company driver
     
  11. toledoT

    toledoT Bobtail Member

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    I was just using that job posting as an example. Trying to figure out the whole surcharge thing. I'm still in the saving money, and gathering information phase.
     
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