Gross pay to truck

From what you describe I would invest in being a full blown O/O with your own authority. Keep 100%.

 

You get to keep 100% off what the broker gives you, not 100% of what the load pays. If you want 100% you need your own customers.
Broker is going to take 10 to 30% off the top.

 

I know this

 

He said "full blown" with his own authority, why wouldn't he have his own customers???

 

No reason to not have your own customers, Trying to drive your own truck and compete with tens of thousands of full time freight solicitors, get customers all over the country so you don't need broker loads to get home, offer to spot 50 trailers at your big customers, offer EDI(electronic data exchange) and a history of safe on time deliveries. I see no reason a man with one truck should be able to only haul direct.

The problem is not giving up 26%, the problem is hauling freight that has already been cut before your company gives it to you, lease to a company that has it's own customers, not just trolling the load boards and passing it on, anyone can do that.

 

I wouldn't work for a company paying less than 85% of gross with a policy of total transparency. I want to see the rate so I know I am getting my 85%. I don't care whether they get the loads from brokers or direct ships as long as they negotiate the best rate and counsel me on good lanes.

 

85% of the gross means nothing!

 

I totally agree with that. My contract says I make 88% of the gross linehaul, minus another 10% for trailer rent because I haul their reefers, not my own. Anyway, it's not the percentage you need to think about so much, it's the rate! Granted, I've only owned my own truck since last May, but my numbers show I am consistently earning $1.85/mile to the truck. I learned pretty quickly that most of the time it's better to take 2 or 3 short runs rather than 1 long one.

 

Thats right! Who cares what your percentage is~the only thing you need to worry about is the money to the truck vs miles.