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
"The almighty $2.00 a mile theory"
Discussion in 'Ask An Owner Operator' started by " OPTIMUS PRIME ", Dec 16, 2010.
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after i get my exp with prime i am going to try to land a job at dot therefor my name is producepimp
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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. -
EXAMPLE: 750miles from point A to point B
load pays $2.00 a mile
200 dead head miles to get to point A
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. -
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. -
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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. -
im sure they haul some dont hate the player hate the game -
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