Being an O/O under a Carrier's Authority

Discussion in 'Ask An Owner Operator' started by Misesian, Feb 15, 2016.

  1. 77Ford

    77Ford Bobtail Member

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    Jan 21, 2015
    Oklahoma City
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    Glad to see you're starting this new venture with a good run.
     
    Misesian Thanks this.
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  3. Misesian

    Misesian Road Train Member

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    May 21, 2014
    Nothwest Arkansas
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    Had a couple minor repairs to make today. The reefer took out my pogo on the back of the truck and my license plate light wiring was bad. Petro fixed me up for 100.00 and I had to buy chains.
    After putting fuel in the truck this load had me just over 78800 with 43300 lbs in the box, at least that's what the bills said for 29 pallets. I was surprised how well the truck distributes the weight. My steers were 11600 and the drives and trailer were within a couple hundred pounds of each other. It did well on fuel too. I got 7.3 for the day from Arkansas to Colby, KS running across US 400 for a large portion.
    My favorite thing so far with these guys is that their trailers have automatic tire inflation. Countless hours of squatting down in the cold airing up trailer tires forever gone.
     
  4. Misesian

    Misesian Road Train Member

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    May 21, 2014
    Nothwest Arkansas
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    Getting this load done a day early. Got a reload tomorrow out of Logan, UT back to MO. This one pays 1.09 all in on all miles. The round trip will be about 1.27 all miles. My goal is to keep it at 1.20.
     
  5. Misesian

    Misesian Road Train Member

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    May 21, 2014
    Nothwest Arkansas
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    I completed my first turn and will be squeezing in a 34 to take off early Sunday to Toledo. I brought in 3340.00 in revenue this week on 2630 miles or 1.269 per mile on all miles. I am pretty happy with that seeing as my break even is 1.00 per mile assuming 4.00 per gallon diesel. And the truck did great on fuel. For the entire loop from AR to Denver to Salt Lake and back to MO yielded 7.9 MPG. I was 79k gross both ways, although the trip out to UT was a multi stop load.
     
    nofreetime Thanks this.
  6. Chewbongka

    Chewbongka Light Load Member

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    Feb 11, 2015
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    Is that $1.00 break even point include your pay or is that just to cover everthing with the truck?
     
    Grijon, Lepton1 and Bean Jr. Thank this.
  7. tpolo

    tpolo Light Load Member

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    Jul 24, 2015
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    How do you know what the actual load pays? 72% of what, $500, $520, $700? Is 72% worth it?
     
  8. Misesian

    Misesian Road Train Member

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    Nothwest Arkansas
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    1.00 covers everything to run the truck including salary. I use 4.00 a gallon diesel and 7 mpg for the fuel cost.
     
    Grijon and Chewbongka Thank this.
  9. Misesian

    Misesian Road Train Member

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    May 21, 2014
    Nothwest Arkansas
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    They send me the total rate they are getting of which I take 72% and they send me the FSC the customer is paying on the load of which I get 100%. I am on my third load with them and it seems to be well worth it. The one I am on now pays me 1.566 per mile all in from Arkansas to Toledo, OH.
     
    Fajo and Drew352 Thank this.
  10. Misesian

    Misesian Road Train Member

    2,078
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    May 21, 2014
    Nothwest Arkansas
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    I got clarification on the fuel discounts today. It is only at certain loves, pilot, flying J, and not all of them. Knowing that now, I fueled at a discount stop in IL and the pump price was 1.99 incl. tax; my price was 1.70 incl. tax and tomorrow I'll fuel again in IL where the pump price is 1.99 and my price will be 1.62 incl. tax. They have 52 locations in their discount network ranging from .26 to .69 cents off per gallon, the majority being .28-.34 off per gallon.
     
    Drew352 and Fajo Thank this.
  11. Misesian

    Misesian Road Train Member

    2,078
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    May 21, 2014
    Nothwest Arkansas
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    I was talking over loads for the weekend once my reset is up and on one I asked him, is that rate really correct? When he said yes I jumped on it. It pays me 1.71 per mile all in to the Pittsburgh area for Monday morning. Start off the week with a good load.
     
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