Rates...

funny thing is shipper approached me with a similar deal. I told them I’d be interested if you can prove to me what your paying for their loads to the broker. He provided me with a rate that’s lower than what I usually get the load for. While he didn’t know my rates I realized what he’s doing. Some drivers were booking to loads for way cheaper than I was. One of them told this guy the rate they booked for.

long story short I told him what I will do it for, and he realized that his cheap rates aren't going to work with me.

 

Single truck op, I don’t see how a dedicated thing would be advantageous in todays inflation. You can tell them your rates are going up, if they don’t go for your new rate. You are then free! You can then just do the spot market in order to protect yourself with this inflation. It’s not just about your diesel fuel cost, everything is higher. If they agree to your higher rate and prices go up again next month, what then? Every one complained about the inflation, well they voted in this administration they can now enjoy it!

 

Hope you are averaging $3.00 a mile min doing that if it is a decent run. If you are doing anything less you are wasting your time.

 

I understand. Sounds like you're getting lucky so far. You're going to have to raise your rates though. Everything is going up and fuel is out of hand now. Think about what you're going to lose in down time when the shop can't get a part you'll need. It all adds up. It's like bleeding a slow death from a hundred paper cuts.

 

What’s your average loaded miles per load?

 

Hopefully you are getting close to 2K a day running it. That is my target point if I am running 450 or over. If 100-200 miles I want min 1500 a day min. and that is without tolls.