Is it viable to be a solo owner operator?

Tell me who does this so I can sign up ASAP !!!!!!

 

What a joke. This thread is going bananas.......

 

LOL....I'm not the one asking the question. As a company owner I don't see how anyone can offer this deal. Eating $0.80 on empty miles, paying for insurance, assuming the risk of insurance increases caused by accidents or safety rating hits. Maybe if I had all-you-can-haul contracts for $4/mile...

 

No, wasn’t joking, was a serious question.
Opportunity knocking, just trying to learn before committing. Thank you.

 

Question you need to ask, "IF" paying empty miles what is my dwell time from when I'm actually empty until you start paying me to run empty??? If you are sitting a day between loads your losing money.

Even if you are dropping and running empty, assuming 3.00 a gallon fuel and 6 miles to a gallon you are at 1.73 loaded and 1.30 empty, if your loaded and empty miles are the same you are at 1.51 per mile for all miles,,,,,,,,,,,,,,,,

 

Quoted as:
Pay is 1.02 plus fuel surcharge $1.23 loaded

Empty .80 cents per mile after first 50 miles per load

No trailer rentals

Fuel card with discounts

Tag Program

 

They aren't paying for your fuel, they're just providing a means for you to pay for it.

I wouldn't even give that outfit a thought, much less a second one.

 

So, pardon my ignorance. My understanding was they are paying for fuel. Am I wrong? Are you saying their comdata card is not paying fuel, just allowing us to pay fuel with it?

 

U purchase the fuel with the fuel card but it comes out of your settlement at the end of the week

 

You buy the fuel with their Comdata card, they take it out of your pay less any discounts or they may charge you a fee to use the card. And those rates they are quoting you were the standard 30 years ago when fuel was under $1. I cannot believe folks fall for this nonsense.