Leased-on O/O's, how much are you earning a mile?

Yeap, you're killing it....

 

Whoa, where do I sign on for that awesome deal!?

 

If you’re leased on with a carrier, anything less than 1.45 is too low, all miles. At this point, I’d say 1.50 or less is too low. I’m talking general freight in dry can and reefer.

 

Alright? It costs me 1.14 just to turn a mile...

 

Please don't, that is cheap and it hurts all of us.

I think you need to know what it costs you and what profit margin you want to maintain to come up with a number, excluding the FSC.

ALSO O/O should look at gross revenue per load, not per mile, as I agree with many who say that's the steering wheel holder mentality coming through and needs to go.

 

My fixed and variable costs totaled $1.43/mile in 2018, leased to a carrier.

.29 cpm was the last of the truck loan.

That would be $1.14/ mile - with paid off equipment.

Let me see - $1.26 minus $1.14 -

Where do I sign up for 12cpm driver revenue?

 

$1.70 hub miles

Mostly Dry some Reefer with X endorsement.