owner operators over the road: is the lower fuel prices helping you out

I assume he is getting high fuel mileage a profiting on surcharge, then when it drops the profit drops.

 

Nah, the CIA has convinced our favorite despots to flood the market with oil in hopes of destabilizing Putin's regime.

 

i get a really good FSC and a great fuel discount thats why........

right now the pump price at the pilot Hebron, IN. is $3.13.. my discount price is $2.08...!!
my fsc isn't based on the national avg.... it's 100% of what the shipper payes...
the higher the fuel the better discount i get and the better the fsc..... @ $4.00 a gl. my fuel cost avg. is ZERO

 

Same here flood. I figured that's what you were getting at.

 

Explain this to me like I am a 2 year old .

 

so with fuel at 2.08 vs 4.00 you come out better with 4.00 fuel because the fuel surcharge pays for the fuel, that's means one thing the rate you pull for must be low.

basically it all comes out of the same pie, the fuel surcharge plus rate is what I am getting. zero fuel costs aint worth much with a good rate.

what is your fuel cost at 2.08 a gallon?

 

i have always avoided that "fuel surcharge" stuff

if a load is paying me $2/mi, thats all i care about, i dont want someone to say its paying me $1/mile but i get a 50cpm fuel surcharge and i should be happy

the bottom line is the bottom line, not how they package the cost

 

fsc is based on a fuel price of $1.20cpg or $1.29cpg (can't remember witch) and a 6 mpg truck.... most companies check the avg. price 1 time a week and set the fsc for the week based on that day

current avg price for diesel is $3.21 - $1.29 = $1.92 / .06 = a fuel surcharge of .32 cpm is added
if fuel was $4.00 - $1.29 = $2.71 / .06 = a fuel surcharge of .45 cpm is added
for every .06 rise in fuel price the fuel surcharge goes up .01 cpm.... ... if a truck gets better than 6 mpg the fuel cost would go down if the truck get less than 6 mpg the fuel cost goes up but remember that the fsc isn't based on what the truck gets the fsc is based on a truck getting 6 mpg....

at my discounted pump price of $2.08 my fuel cost is .28 cpm and get a fsc of .35 cpm (remembe my fsc isn't based on pump price) i am making .07 cpm extra because the fsc is MORE than my fuel cost. at $4.00 gl fuel with my discount MY price is about $3.15 gl my fuel cost would be .45 cpm BUT my fsc would be about .60 cpm.... or a extra of about .15 cpm that works out that if fuel was $4.00 i would make a extra $40.00 a day for doing the same thing

clear as mud now...?

 

i don't know is $2.17 a loaded miles (2013 avg) PLUS fsc low or $2.31 a loaded miles (2014 avg.) PLUS fsc low.... pulling a 53" dry box

.28 cpm heavy (40K) .26 cpm (15k)..... btw my avg. for 2014 was 26,400 lb.