How does this sound?

Unbelievable.

 

It’s such a great deal, he has to try and convince You. I get a kick out of people who say You’ll never find a better deal. Run from it. Find your own deal. 1099 is filed So he can write off the cost. If you’re Incorporated it’s optional, Although some insist on giving you one.keep a copy of any 1099s sent your way. Keep them with taxes for the year.In case you’re audited, Otherwise You may appear to be not reporting income.The rate is too low because it’s a short trip. Probably pays 3 x that amount. He needs to convince a dozen O/Os. It’s a great deal!! You’ll never beat it!!! Lol

 

I read it as the op has his own authority. If that's the case it will be the broker, for lack of a better term, is hiring the op's company to haul out of the plant. If that's the case it's a business to business contract so a 1099 might not even be needed.

You are right though, his situation is about clear as mud.

 

Everyone driving a truck, has a schedule. Loading and unloading windows vary in size.

But if you are being told when and where to fuel or take your breaks, that's more of an employee situation than o/o.

Calculate the pay per trip. Not per mile.

Good luck.

 

$ 1.88

Know a few people running the north east region, leased on to a company doing better than that

 

If you charge per mile, where is the compensation for the non-driving labor hours. Detention, loading, unloading, breakdown, fueling.

Sure $1.88 per mile you should make money. Just, because others make it work! With traffic and other consumption of time, I guess you will get one round trip for sure, a day. May be a 3rd leg. Sometimes 2 round trips.

Budget per mile for all that, Just a guess, I don't know the full parameters.

Just saying he wants to Max profit. You are on the hook for all the operating expenses. Fixed and variable. You also want to Max profit.

If you don't include the cost of the flat tire in your pay. It lowers your per mile profit.

Just compute all your costs, if you run for a per mile rate.

If I can run a profit at a buck a mile do I only charge a buck a mile? No!

JMHO...good luck

 

How about your living expenses? Also called driver pay.
Taxes? Permits, license, 2290. Yeah I know, nit picking.
Some guys just don't think of all the costs and get blind sided when they come due.