2 Options 1 Decision

Got my truck back up and going and I have a few options in front of me to choose from . Both are totally different , but they are both % pay which I think ( personally ) is better than mileage . I am going to lay them out and see what the general thought is on here . Keeping in mind I do have a truck that could do either position easily so equipment is not a factor to weigh on the decision .

Options :

1. Van Freight

75% of 100
100% of FSG ( mileage based currently 0.39-0.41 ) loaded only .
Trailer rental fee $ 150.00 ( weekly ) its not a maint lease they maintain trailer .
Rates - I'm told are 1.55-2.10 gross ( plus fuel listed above )
weight - I'm told 10k to 30k
No other fees

2. Tanker

64% of 100%
100% FSG ( based on % of toral LH normally 28-32%) this would equate to around 0.50 to 0.59 currently per mile loaded
Rates - I'm told 2.05 to 2.35
weight 44k - 45k
no other fees


heres my thoughts . It looks as if its a no brainier and the tank contract is more revenue per mile . But when you factor in the Tank Wash and down time associated with that is it really ? The second thought is the weight and tear on equipment . I'm not sure as to how to place a value on the down time of sitting at a Tank Wash for FREE for a avg of 0.75 to 1.0 days between loads ( just a rough avg ) I know sometimes you can do this quicker . Both are % pay so deadhead is free so it's a wash on that end . The other factor I have is on the VAN side the trailer rental equates to 600.00 a month . However with the higher % it equates to around 3-5% of gross rev . Which still puts me at 5-6% above the tank rate of 64% . Then you factor in the LH difference Tank rates tend to be higher than VAN so is the 6% net gain after you take the trailer rental out if the equation enough to justify Van over Tank or Vice Versa . Tank does pay accessory pay and detention . The van would be a semi dedicated account and tank would be normal OTR . Both have roughly same fuel discounts of roughly 0.10 .

Pay turn around -

tank - 10-14 days hold . So you get paid for what you did 10-14 days ago weekly )
van - 2-3 days -Turn in by Tuesday get that Friday )


If I can think of anything else ill add it here . I left company names out cause I want the deals looked at over the company names .

 

TANK - it would be general chemical mostly non - haz . Some hazmat I'm sure but rates are pros balky not much higher I'm assuming cause the averages I placed on here were normal averages I was given .

On the VAN - would not be a deal like F2F or LS . I'd be planned weekly a week ahead and it's normally 95% drop and hook mainly inter company dedicated freight transfers . and they say weekly home time
avg gross of around 3200-3500 on 2300-2500 miles ( rough numbers ) they said avg would be around 1.55-1.65 a running mile possibly slightly more but not much .