"The almighty $2.00 a mile theory"

Discussion in 'Ask An Owner Operator' started by " OPTIMUS PRIME ", Dec 16, 2010.

  1. producepimp

    producepimp Light Load Member

    177
    4
    Jul 16, 2010
    0

    was gonna try n go with DOT FOODS but i didnt get into school so now im gonna have to do something i dont wanna do and thats go to prime just to get a cdl and exp then im gonna try to go to DOT F after i guess i live 10 mins away from Dot's head Q
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. " OPTIMUS PRIME "

    " OPTIMUS PRIME " Light Load Member

    201
    54
    Sep 2, 2010
    Driver Seat
    0
    Are saying you are trying to work for DOT, cause i'm a little lost. I don't know how one trains to become a produce hauler:biggrin_2556:.
     
  4. producepimp

    producepimp Light Load Member

    177
    4
    Jul 16, 2010
    0
    after i get my exp with prime i am going to try to land a job at dot therefor my name is producepimp
     
  5. rbht

    rbht Heavy Load Member

    888
    525
    Jan 23, 2010
    CT,NH
    0

    Right on, a o/o freind of mine is pulling a van for a company out of ME and if you go buy his dispatched empty and loaded miles he's around $1.50 a mile but when he does it by his speedo miles he drop's down to about $1.10 a mile, big diffrence.
     
  6. " OPTIMUS PRIME "

    " OPTIMUS PRIME " Light Load Member

    201
    54
    Sep 2, 2010
    Driver Seat
    0
    I don't see how drivers figure out their rate per mile any other way. It's as simple as this if you know the next load is 200 (deadhead) miles away, then you should figure that into your rate also.
    EXAMPLE: 750miles from point A to point B
    load pays $2.00 a mile
    200 dead head miles to get to point A
    :biggrin_25513:YOU ARE NOT GETTING THE SAME ($2.00) RATE PER MILE ANYMORE!!!!!!

    Now you are down to $1.578cpm. Allot of drivers factor in a deadhead amount into their expenses, why? If you just add those deadhead miles into your cost per mile to operate, then bump up the price per mile because of those added miles, then your deadhead amount will be almost gone. Don't forget the broker has to take out his 10% or more.

    You are earning $2.00 a mile if you are getting that rate for all hub miles including deadhead.
     
  7. FLATBED

    FLATBED Road Train Member

    Some likely try and use the ABF ( As Birds Fly ) method of mileage calculations to get even better $ per MILE.

    You need to take the $ generated and ALL the miles it took to GENERATE the $
     
    " OPTIMUS PRIME " Thanks this.
  8. RW.

    RW. Heavy Load Member

    715
    995
    Jan 18, 2009
    west central IL
    0
    You realize that Dot doesn't haul "produce"?
     
  9. bigyellowpete

    bigyellowpete Bobtail Member

    8
    4
    Dec 18, 2010
    Behind The Wheel
    0
    Cost per mile should be based on your total running miles. Work it out on a single load, a month, a quarter (3 months), or a yearly basis. You need to take all your costs into account when you do this. Insurance, wages, fuel, maintenance, truck payments, etc and so on. Divide that by the # of miles you ran in that period, and you will have your cost per mile. Divide your revenue for that same period by the same # of miles, and you will know your true average per mile. There is no point in leaving things out on the cost side, or not including your empty miles in the equation either, as you are only going to be lying to yourself.
     
    RAG Thanks this.
  10. producepimp

    producepimp Light Load Member

    177
    4
    Jul 16, 2010
    0

    im sure they haul some dont hate the player hate the game
     
  11. Les2

    Les2 Road Train Member

    5,150
    2,288
    Jul 25, 2008
    kicked back in my lazyboy...
    0
    You might better check out who DOT Foods is.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.