Canadian LTL rant !

I just asked the wife who knows all the numbers, what percentage of gross our insurance costs.
She said 1.19%

 

That's #### good deal

 

I just asked the wife who knows all the numbers, what percentage of gross our insurance costs.
She said 1.19%

I can insurance many trucks per month for $2500. You guys are being screwed big time.

 

Price you pay for leasing on to companies i suppose.

I spoke to insurance about running my own authority. They said new carrier would be looking at 2500 per truck

 

Depends on what we are insuring. A $50,000 load of general freight in a $10,000 dry van beng pulled by a $15,000 tractor I would agree with you.
If we are talking $500,000 load of perishable goods in a $200, 000 reefer being pulled by a $250,000 power unit there is a little more at risk.

 

How about a million dollar Load, on a $600k trailer, pulled by a 300k truck.

 

Precisely, you aren't insuring an outfit like that cheap.

 

Higher this week at 7 us mpg it’s 1.25 to 1.30 a mile and going up daily .

 

When you average out the regular and overtime days it's pretty easy to get $500 pd in mining, oil, logging.

 

And that wouldn't even be considered good pay, just so so.