Rate questions?

Discussion in 'Ask An Owner Operator' started by Old Man, Apr 23, 2020.

  1. Old Man

    Old Man Road Train Member

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    Several years back when fuel was $3-4 a gallon they said rate should be the same per mile as the cost of a gallon of diesel.

    Fuel today was $1.41, wonder if they still use that formula?
     
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  2. zinita17601

    zinita17601 Road Train Member

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    Brokers do
     
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  3. Rubber duck kw

    Rubber duck kw Road Train Member

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    Well everybody says that when it's 4 bucks a gallon, when it's under 2 that little rule suddenly disappears.
     
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  4. clausland

    clausland Road Train Member

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    Not sure who "they" are, but I guess if you get right down to it, it comes down to what rate "you" agree to haul it for....
     
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  5. just_sayin

    just_sayin Light Load Member

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    Obviously coyote doesn't. They've got one listed Woodland California to Riverside California for a whole whopping $0.66 a mile. And no, it's not a partial. It's just a tad under 40000 lb. I don't know how they can even have the balls to post something like that. I'm sure when I look tomorrow it'll be gone. And hopefully the goof that hauls it will be gone, as in bankrupt soon.
     
    Last edited: Apr 23, 2020
  6. MTN Boomer

    MTN Boomer Road Train Member

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  7. MTN Boomer

    MTN Boomer Road Train Member

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    41 cents a mile on One load board, At 1 time fuel was around $ 1 gal. Freight was less than 1$ mile, lots of loads , happy days.
     
  8. wndrwtr

    wndrwtr Medium Load Member

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    IMHO..Look at EIA.GOV..find current national fuel price...75% of that is what brokers are getting for loads. Current rate SHOULD be $1.85 gross. Remember, broker has to "make" a $$$ as well.
     
  9. Hulld

    Hulld Road Train Member

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    Sounds reasonable that rates should follow the fuel price.
    we all know that insurance cost, maintenance cost and driver pay all follow fuel prices.
    Why wouldn’t rate per mile ?
     
  10. TallJoe

    TallJoe Road Train Member

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    The formula seems accurate. Very interesting.