Seeking Advice on Rates for Dedicated Hub and Spoke Lane

Discussion in 'Flatbed Trucking Forum' started by FML, May 23, 2023.

  1. FML

    FML Bobtail Member

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    Mar 22, 2020
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    Hello everyone,
    I recently received an opportunity from a broker for dedicated runs on one hub and spoke lane, and I would greatly appreciate your advice on determining the appropriate rate. Here are the details:
    1. 260 round trip miles
    2. 30,000 lbs
    3. requires 1 trailer
    4. This is hub and spoke lane, with the load originating from the hub, delivering to the destination, reloading and returning to the hub.
    5. The runs will operate 5 days a week, Monday through Friday, with one load per day

    Your valuable input, suggestions, and any other insights related to pricing dedicated runs would be highly appreciated.
     
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  3. Kshaw0960

    Kshaw0960 Road Train Member

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    Jun 17, 2018
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    This varies widely for everyone. For example you can avg $1400/day OTR. So to take that dedicated run it would have to pay a ridiculous amount per mile to justify doing it instead of OTR. Questions such as how much do you value time at home come in to play here.

    I suppose if the rate is high enough and you don’t have things taken out such as factoring, dispatching, or leased on fees you could make it work. At $3.50/mile you should be able to clear $3k if your equipment is paid off. For me it would have to be higher to consider it. Like $4+
     
  4. FML

    FML Bobtail Member

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    Mar 22, 2020
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    I offered $1250
    They said they need to be around 600 on the rate. LOL
     
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  5. Ruthless

    Ruthless Road Train Member

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    ask them where you pick up their truck to drive lol
     
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  6. tscottme

    tscottme Road Train Member

    You know the actual weight will be more than 30k, right? Do brokers ever underestimate the weight of freight? Maybe it's downhill, both ways.
    $1.15/mi seems like signing up to swim with an anchor in your pocket.
     
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  7. Opus

    Opus Road Train Member

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    Oh my.
     
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  8. loudtom

    loudtom Road Train Member

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    Why are they even asking you for a quote if they already had a price point?
     
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  9. LoneRanger

    LoneRanger Road Train Member

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    Got to have a daily rate.

    $1200-$1400 seems reasonable. Don’t matter if it 300 miles or 600. They need to tie up your rig for one day that’s why.

    they’ll find a moron to do it.
     
  10. FML

    FML Bobtail Member

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    Mar 22, 2020
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    Maybe they were secretly hoping we had a magical truck that runs on fairy dust and operates at the cost of a handful of wishes! Unfortunately, our truck is powered by diesel and requires a bit more than magic to keep it rolling.
     
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  11. fortycalglock

    fortycalglock Road Train Member

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    That sounds like FL broker freight. I just ignore those type of bid requests now from brokers.
     
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