ELDS Rate increase

Discussion in 'Ask An Owner Operator' started by Largecar359, Nov 18, 2017.

  1. KANSAS TRANSIT

    KANSAS TRANSIT Road Train Member

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    I saw where it was headed, that is why I responded to the OP directly with my comeback above.
     
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  3. Scooter Jones

    Scooter Jones Road Train Member

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    From my perspective as a carrier, the transition won't really effect me that much. I try not to run more than 9,000 to 9,500 miles a month on the same lane. I've been sort of working my way into a semi-dedicated route.

    If it develops the way I'm hoping, I will add another trailer (dry van) to leave at a particular DC consignee who is notorious for taking up 4 to 6 hours to unload.

    It will help me to drop there, re-hook the empty from the previous load and keep going. That's the only cog in the wheel that would give me trouble running an elog. Even then, the only issue it creates is that it could keep me from getting home that extra night during the week on my way back down. As it is now, I try and get home at least 3 nights in 7.
     
  4. KANSAS TRANSIT

    KANSAS TRANSIT Road Train Member

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    That is precisely what I was talking about, the light bulb will come on at most places and even with people "up" the ladder, it's just going to be a matter of time.
     
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  5. tinytim

    tinytim Road Train Member

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    I'm not a carrier but I pull for one that recently made the move to elogs.

    The transition has been surprising smooth. Sure, a few hiccups but nothing major. Heck, our worst outlaw claims to love the things, lol.

    But every operation is different and if you don't have a good handle on just how much 'flexibility' is being incorporated by those pulling for you then you best be taking a hard look there to decide what you need to do to keep things going.

    Kind of getting down to the late stages though...
     
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  6. Scooter Jones

    Scooter Jones Road Train Member

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    I will say this though, my rates are WAY higher this year than last year. Especially since about September. I've been averaging 25% to 35% increases in rates.

    I don't think it's due strictly to anticipated market elog transition, however, I'm sure that's part of it. I'm definitely riding that horse with the people I do business with.
     
  7. KANSAS TRANSIT

    KANSAS TRANSIT Road Train Member

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    That and maybe fuel surcharges?
     
  8. Scooter Jones

    Scooter Jones Road Train Member

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    I was looking at my numbers this morning. It's a good thing when as a business owner you're having to figure out ways to pay forward, make purchases, invest more in your SEP IRA, etc. My tags are paid for 2018, I paid my insurance premium for 2018 already as well. My truck & trailer payments are paid up through March of 2018. My quarterly taxes are paid, etc.

    Let me tell me you, that's BETTER than the alternative :)
     
  9. Scooter Jones

    Scooter Jones Road Train Member

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    Some of it is built-in fuel surcharges I'm sure. But not that much.
     
  10. KANSAS TRANSIT

    KANSAS TRANSIT Road Train Member

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    Yep, and any taxable income I have left at the end of the year always goes into a large tire purchase!
     
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  11. Scooter Jones

    Scooter Jones Road Train Member

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    Exactly ;-)

    I run my operation as an LLC filing as an S-Corp. Any profit I take is paid out as a dividend, which is a much lower % than running it through as Sole Proprietor filing schedule C. However, no need to go into the weeds on these things. Back to ELD's LOL
     
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