Detailed info about Stevens' costs

I rather pay it off quicker than paying $25 a week and being locked into the company for longer than one year. Although your obligated to one year employment, paying off the tab will, like someone said, take 2.5-3 years.

 

But after the year you can laeve abd keep making payments, just FYI.

 

@Fozzy Cool, I thought maybe they'd want it in one-lump sum or something. Not that I would leave after one year, just a thought.

Do you know what the pay scale is for the lease-purchase program, Fozzy?

 

I'll check it out, but I understand what a pay scale is, but I was wanting to know what the lease program (or independent contractor rates) were. Getting paid $0.33 cents per mile as a "quasi-IC" is dramatically low. I've seen other companies pay anywhere from $0.90 cents per mile to $1.50 per mile.

Care to emphasize some cause I'm still a bit confused by the $0.33 cents per mile... especially for a "lease program."

 

He was saying your profit would come out to .33 cpm or more. Stevens pays contractors .85 cpm to start, but like he said, what you actually take home is up to how efficiently you run your business. I avg around .39 cpm profit myself running solo.

 

@Corporal Got you, I realized that after reading the "Alliance" thread that I was sent to. Wow, fuel is really taking a hit on the profit. I'm all about business and marketing so that would be a nice challenge to see how to better maximize profit and minimize expense, although fuel is somewhat an uncontrollable expense in terms of how much it costs, is there anything else that you would suggest other than finding the most proper routes and easing up off of the accelerator some?

Doesn't Stevens Transport offer EZPass? In terms of a lease, I'm assuming the driver would absorb those costs as well. That would alleviate the need to slow down and take off and sit and wait at the toll booths.

 

Yes, fuel is a big expense, but it is one you have some control over. Fueling at your recommended opti-stops. Buying the proper amount of fuel at your fuel stop. Watching those MPGs. You do get the fuel surcharge also, and you get Stevens discounted pump price. I avg .13 cpm in fuel costs figuring in fuel surcharge and discounts.

Yes, we have EZ Pass and PrePass. Stevens pays a small portion of tolls and you pay the rest. So routing around tolls when its feasible helps to.

 

You mentioned fuel surcharge, how much does that usually tack on to profit? Also, what is Stevens discounted pump price your referring too?