Panther Strait truck RPM, is 1.20 what I should be getting?

Discussion in 'Expediter and Hot Shot Trucking Forum' started by Soundfx4, Aug 6, 2012.

  1. Soundfx4

    Soundfx4 Light Load Member

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    Dec 29, 2011
    Roanoke, VA
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    What you said has grabbed my interest. I actually spoke with a team that was making 1.35/mile. What is that determines an owners contracted rate? What can the owner do to get a higher rpm? And if I purchase my own truck, either to drive, or contract out a driver, what can I do to get a higher rpm? Are you with panther also, btw?
     
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  3. Bumpnrun

    Bumpnrun Light Load Member

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    My owner has 30 trucks w/ Panther so I'm guessing that has a lot to do with it. He also negotiates his rates. We've been at 1.35 for over a year so hopefully we can get another .05 soon.
     
  4. RickG

    RickG Road Train Member

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    I thought that was a low rate so I picked up an expedite magazine . That rate is pretty much in line with the rate in expedite carrier ads. Expedite has really gone downhill . I was thinking about going expedite for a year or two then buying a few trucks and becoming a fleet owner but not for those rates.
     
  5. Soundfx4

    Soundfx4 Light Load Member

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    Dec 29, 2011
    Roanoke, VA
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    That's pretty interesting. Another .15 a mile would be great! But I'm not really worried about what I'm getting now, so much as I would be worried about what rate I'd get if I was to buy a truck and sign on with an expedite carrier. I want to stay home and drive locally, while contracting out a team to drive a truck (I was thinking tractor; tractors have more freight and with a team, that's my best choice for keeping my truck moving) but I will want a good rate for sure. I don't see this happening for a while though, but it's still something I should be looking into and planning for ASAP.
     
  6. Soundfx4

    Soundfx4 Light Load Member

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    Dec 29, 2011
    Roanoke, VA
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    I make a good amount of money each week, more money than I've made doing anything else, and certainly more than I made as a company driver for Schneider (while driving less). It's nothing to complain about, yet you speak of it as if it's pathetic, which means you must be making a substantially larger amount of money doing what you're doing atm. May I ask what it is you do? I'm happy with what I'm making now, don't get me wrong, but the more money I can make the faster I can pay off these debts I have, and so I'm pretty interested in what you are doing. Thanks!
     
  7. RickG

    RickG Road Train Member

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    Owensboro , KY
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    I run dedicated regional tanker taking home $800 -$900 a week running 2 runs between 1200 -1500 miles each . All restarts at home .
    My concern with the expedite rates trying to profit on a truck with the standard 60/40 split .
     
  8. Soundfx4

    Soundfx4 Light Load Member

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    Dec 29, 2011
    Roanoke, VA
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    ahh, I got ya. Well, at least in my case, I'm only getting 58/42. But I don't have truck payments, insurance premiums, maintenance costs or other fees to pay for. There are some weeks when I don't do so well, but if I drive just 1500-2000 miles for the week I can make $1,000 - $1,500 for that week with just 58% of 1.20. The negotiations can really get you that extra chunk of change (and they really aren't that hard, at least in my cases, the dispatchers almost always offer bonuses up front without me saying anything) I got a $200 bonus for an 800 mile trip because it put me in a dead area. I was able to get an empty move the next day and was moving on a good load the day after (if I recall correctly). It varies, but I had three good weeks in a row (all over $800) but some of it was money Panther owed me from tolls so I don't really count that.

    I'm honestly looking for a home daily job though. I still am very much interested in owning and contracting out a driver with one of the larger expedite companies, but I definitely want to be local. I haven't been driving OTR very long (or driving for that matter) but I've found that I just want to be home lately. are you home every weekend at least running that way?
     
  9. RickG

    RickG Road Train Member

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    My customers run 24/7 so I work some weekends but always get my restarts home . I just got back frome Hopewell , VA . Honeywell ships a lot of tanker loads out of there, mostly with Oakley . I got home this morning , off tomorrow , then loading Friday to deliver in Pasadena, TX Monday .
     
  10. Soundfx4

    Soundfx4 Light Load Member

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    Dec 29, 2011
    Roanoke, VA
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    bah, I hate it when I forget about a thread I was active in >.< sorry for taking so long to get back. I actually added up my average pay (including the weeks I made nothing from home time) and my average pay is lower than what you make. I would happily take any home daily job, or maybe even home every weekend, but it's difficult, I only drove a tractor trailer for 9 months before losing my job, and most places require 12 months experience. I wouldn't mind driving a tanker, but I'd rather it be a local tanker route. I just want to be home daily, I'm really missing my GF and family lately. I enjoyed being out OTR at first, but I want to be home more often now.
     
  11. osumike33

    osumike33 Light Load Member

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    Soundfx4, you get 58% but you don't pay for your fuel? Typically it's 60/40, with the party making the 60% paying for the fuel, but also getting 100% of the fuel surcharge. If you get 58% and not paying for fuel, you seem to have a pretty good deal; if you're paying for fuel and not getting the fsc, you're not getting a good deal at all.
     
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