O/O Pay

Not too good in the reefer world right now. Previous years were much better. Most rates down 25-33%. California rates still weak. Loads into California even weaker. If you are doing OK with what you are doing now, keep doing it.

 

Little info by the hr hauling construction equipment in the bay area. Average hr rate last month was 139hr. Worked 195 hrs and worked 1 Saturday. Can take home a pretty good chunk of money per week.

 

And here I thought reefer was better than van

 

All segments are down right now. That's why I said if you're doing decent with whatever you're doing just keep doing it.

 

I've been watching this forum for a while and it seems like o/o can't win. Like some guy said he gross like 200K but only saw like 80K after expenses and taxes. You can make that company.

 

That would be well above average for a typical company driver. The average company driver makes about $40,000 a year.

 

This is how I determine my freight charges, off of the customers invoice. It works very well when the furniture is light & expensive but balances out when it's cheap & heavy.

 

Furniture seems to be a niche market still. I am glad to see you are doing well with it. I think that method of determining freight charges is not how most of the industry works, however.

 

What your response discloses is how narrow focused you are or uniformed. Some of those "expenses" that are deductions are writeoffs that barely affect my wallet. Like the almost $12K for transportation meal deduction I am allowed to take. That is 80% of $63 a day. I barely spend $63 a week on food, as I buy at the store on the weekend and stock the truck and fridge for the week. The $80K net I mentioned was the taxable net. Add back that roughly $12K I was able to deduct and the actual "net" I kept goes well over $90K. So that is approaching almost 50% of the revenue. Many business' would sell their first born child for that kind of deal. And Depreciation on equipment takes away from taxable net also. Factor that back in on actual money for the year, and that "actual" net looks better and better. Truck has been depreciated, but I have other stuff that is still on depreciation schedule.

 

Yea, the people who have expensive stuff don't like it very much, but what are they going to do if they want to get it damage free?
You get what you pay for!