Why does it matter what the customer is paying or what the broker is getting for the load? All that matters is that I make a profit of what I need on that load.
fall of wages.
Discussion in 'Ask An Owner Operator' started by oh god, Mar 19, 2016.
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Rockys and Denver no. I personally avoid going west of the Mississippi when ever possible.
NE is one of my main lanes and do very well here. Not NH, Me or Vt so much,.. mainly anything from the Carolinas up to upstate Ny. I do best between NJ, PA, NY, Oh and parts of Md and VA at times.
Hurst -
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I didn't say you were Wrong about anything. I wasn't trying to get you to "fall" for anything either. But whatever thanks for answering my question. It is a forum to share information with others. So I gather you have a truck, assuming just one. And also guessing you've had a lot of success getting direct freight, and doing away with the middle man. Which is really smart, I'm also a fan of that. Yes, I'm satisfied with All of your condescending answers.
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Like any other business capital is most important. Low overhead and time to establish yourself. The trucking companies are hanging the carrot in front of these drivers getting them to own their own truck and be your own boss. Here is what i have been coming up with my numbers and no im not an OO, im trying to decide..
Goin rate for some freight from my flatbed company----- 1.60
72% = 1.15
Fuel surcharge = .12
= 1.27 per mile
You run 2200 miles.
= 2794
Taxes = 25%
= 698
Total after taxes = 2096
Fuel =1000
= 1096
Truck payment and trailer, qualcomm, insurance etc = 500 per week
Total revenue = 596 per week.
Or figure what your cost per mile is and subtract rate.
1.25 is your break even point and your getting 1.27. It doesnt add up......
Please help me if im wrong. Thanks. -
That's about the sum of it.
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Ignorance is bliss. Knowledge is power.
If you have the knowledge you are in a much better position to bargain.
I do know what the brokers are getting on some loads and what the shippers are paying. Of course these are loads where I am dealing direct with the shipper and have seen the rates posted by the broker or called the broker to find out their rate.
Sometimes they are taking 15-25% sometimes close to 50%.
Knowing this makes me work harder to deal direct with the shipper even in areas away from home.
On a side note.....when I get hundreds of miles from home in Nebraska or South Dakota for instance and most of the loads coming out of the area I'm in are from shippers I get e-mails of loads from it makes me think things must really be bad when my limited contacts seem to be the main shippers out of the area. -
What so every load you pull you know what the customer is paying actually. If so that's great for you.
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Yeah but I don't work directly with the shippers at least for now I don't.
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Did you ever think to ask? But to the post you are questioning me on, all that really matters is getting a rate to the truck that is profitable, pure and simple. I am not going to sit around and stew over what someone else, like the broker, is getting. The end game is making a solid profit from the load. It is just stewing in envy to worry about what someone else in the chain is getting. If you put that much energy into what everyone is making from the time anything is made to the time you bought it in the store, your skin would be falling off with envy and anger. If something costs more than it is worth, I don't buy it. If a load is not going to make me money, I don't haul it. I am not running a charity.Last edited: Mar 21, 2016
BoostedTeg Thanks this.
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