Instant O/O and Load boards

Are you and the farmer going to figure it out today? Did you find a co-driver for today? (ie your son) If so are you guys having a blast?

 

Pharm...I would think that you either (1) keep your direct customer completely separate from your broker in all aspects including the fuel card....or....use his fuel card and pay your broker a percentage but keep your customer's name (etc) to yourself. For the broker it's free money.Finance question:For your hopper work, I believe you bid based on $/ton. If so do you base your quotes on trying to achieve a certain revenue per day? I've heard values of $600-$700 used as typical goals for revenue per day and since you have to pay your fixed costs on a time basis (not miles or tons) I was wondering how you look at this.Thanks...

 

Did you haul the 1st load for this farmer through Eclipse?

It sounds like you are contractually fine to haul the Monday load for this farmer on Monday without Eclipse. It sounds like they don't have this lane for this farmer, and that the farmer wasn't paying the invoice of the 8 loads of corn, as they don't have a credit history on him.

However, if you got the 1st loads of corn through Eclipse, you can't haul that specific lane directly from the farmer and cutout Eclipse (probably for 1 year, but you'd have to look at your B/C contract).

Also, you don't know the credit status of the farmer, as the receiver must have been invoiced on the corn loads. How are you going to collect if he doesn't pay?

Still, good to hear that you found a good gig. Every creepy purple disco hippo finds a nut from time to time!

For the 125 miles, I'd consider a $300 + FS minny for a van, but I got no idea for a hopper. Maybe something equivalent to $60-$80/hr + FS with a 3 hr minny?

 

That sounds like a fair quote especially since your running non stop and doing pretty good on the fuel mileage going back. And to top it off, sleeping in your own bed. Can you work the weekends also?

 

I'd say that rate "depends"...gah-I sound like an economist

$3/mi for 125 = $375 revenue. That's half of a target $750/day revenue goal. Great if you have more runs that day, lousy if you don't.

Now how much of the day will this load take including deadhead back? Will you be able to get other loads that day after finishing this load? If not, could you have done multiple loads using your typical sources and netted a better total revenue that day?

Those would be the sorts of questions running thru my mind when looking at what rate to charge.

 

I kind of thought 2 loads a day?

 

I re-read and now see that your single load customer is the same farmer that you're running loads for thru Eclipse. I agree with ton bundle's comments. Probably depends on the contract with your broker how much latitude you have with that farmer. Is it commodity based ie beans vs corn?

What happens when your broker falls down on the job and fails to follow up with the farmer like this time...does that give you the freedom to contract direct?