pay by miles or percentage?which is better for flatdeck O/O?

Discussion in 'Canadian Truckers Forum' started by c.w, Dec 16, 2021.

  1. c.w

    c.w Light Load Member

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    I just want to become an owner operator.I did some research:
    Large companies prefer Pay by miles,But someone saying that pay by percentage is more profitable For owner operator. Usually the company takes 12 to 15%.
    You are welcome to tell us your opinion,thanks!
     
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  3. ilovetruckz

    ilovetruckz Light Load Member

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    Depends if your clients/customers pay decent freight prices or if they have already been bottomed out by the immigrants driving prices into the ground and ruining the industry.
     
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  4. ilovetruckz

    ilovetruckz Light Load Member

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    Depends if your clients/customers pay dog #### immigrant wages or if they actually pay you what you are worth.
     
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  5. liner

    liner Medium Load Member

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    Usually doesn't make much difference getting mileage or percentage. 85% of #### all is still #### all but mileage never changes.
     
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  6. Wespipes

    Wespipes Road Train Member

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    For flatbed the shorter hauls usually make more money. So go percentage. Just make sure you get a copy of the ORIGINAL rate. Some companies won't share that info, so you never know if you're getting screwed. If you want check us out at Obermanlogistics.com. we lease on opendeck(flatbed, stepdeck, Conestoga) at 85/15 split. 100% transparency
     
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  7. BobO1176

    BobO1176 Light Load Member

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    As an owner operator, I wouldn’t move if on percentage and haven’t seen the rate document. I also have never seen higher than 10% commission (90% to truck) when supply your own truck and trailers. In theory the mileage rate should be the same so doesn’t really matter what you call it. I’d be hesitant to roll for less than $6.50/loaded mile these days though as a minimum.
     
  8. Wespipes

    Wespipes Road Train Member

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    6.50 per mile? Please tell us where you're getting these rates. Cause I've been doing this a long time and only time I've seen anything near that is 50-100 mile runs
     
  9. BobO1176

    BobO1176 Light Load Member

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    I mean $6.50/ loaded mile, or $3.25/running mile (total) which is $2/km
     
  10. Wespipes

    Wespipes Road Train Member

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    OK ya that sounds more realistic. Our o/o's are averaging 3.63 per mile atm
     
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