Per Hundred Weight

Discussion in 'Ask An Owner Operator' started by ReeferOhio, Dec 16, 2013.

  1. ReeferOhio

    ReeferOhio Medium Load Member

    596
    557
    Nov 29, 2010
    Ohio
    0
    Can someone please explain how to factor per hundred weight (CWT)? I'm not grasping the concept, I have a customer who wants quotes, but per hundred weight. He has given me lanes and weights but I have no idea how to factor. Any help is greatly appreciated.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. wichris

    wichris Road Train Member

    4,479
    9,245
    Jan 17, 2011
    0
    5.00cwt 40K = 2000.00

    7.00cwt 40K = 2800.00

    ect,ect,ect
     
  4. KW Cajun

    KW Cajun Road Train Member

    2,383
    3,652
    Apr 12, 2013
    Copperhead Road
    0
    Divide your freight weight by 100 to get your hundredweight (cwt).
    Example: Load weighs 42,000 lbs, divided by 100 = 420 cwt

    So 420 cwt is exactly the same as 42,000 lbs.

    Does that help? Or still trying to equal this to your price per mile? Or something else?
     
    ReeferOhio Thanks this.
  5. jbatmick

    jbatmick Road Train Member

    2,200
    2,510
    Dec 1, 2009
    hastings, Fl
    0
    Just remember to make sure the trailer will haul the weight / volume ratio before you quote.
    Example ;
    42,000 pounds of potatoes will fit in a trailer.
    42,000 pounds of furniture will not. Too bulky
    42,000 pounds of paper will fit in a trailer.
    42,000 pounds of plastic bottles will not fit in a trailer.
    Get the idea ?
     
  6. ReeferOhio

    ReeferOhio Medium Load Member

    596
    557
    Nov 29, 2010
    Ohio
    0
    Yes, that helps. Im trying to understand how they come up with the freight cost. Like I see with a customer I have that post the per hundred weight at .61 plus FSC. Where did the .61 come from? I have a customer that wants a quote on loads going 461 miles one way weighing 43,361#. I don't know where the .61 comes from? If that makes sense.
     
  7. fortycalglock

    fortycalglock Road Train Member

    6,164
    6,613
    Jun 25, 2011
    Tourist Town, FL
    0
    .61x420= $256 plus fuel. I hope that's a short haul.
     
  8. ReeferOhio

    ReeferOhio Medium Load Member

    596
    557
    Nov 29, 2010
    Ohio
    0
    It is very short haul. I've been messing with this all afternoon, and while I can't explain how to come up with the per hundred weight price, I've figured that the longer the distance the higher the per hundred weight price. Do you have away of coming up with the per hundred weight price or is that like a per mile rate everyone is different depending on lanes?
     
  9. ReeferOhio

    ReeferOhio Medium Load Member

    596
    557
    Nov 29, 2010
    Ohio
    0
    and yes fuel extra, these numbers are load and distance only.
     
  10. fortycalglock

    fortycalglock Road Train Member

    6,164
    6,613
    Jun 25, 2011
    Tourist Town, FL
    0
    The load price is whatever the market will bear, just like mileage.
     
    ReeferOhio Thanks this.
  11. jbatmick

    jbatmick Road Train Member

    2,200
    2,510
    Dec 1, 2009
    hastings, Fl
    0
    OK. Do this.Take whatever you want charge the customer. Deduct whatever the fuel surchage is. ( this is something you must agree on how to figure, there are different ways of figuring ). Take however much is left, divide by 433.61 ( that is number of cwt. ). That is your rate per cwt.
     
    ReeferOhio Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.