ask your questions about prime inc here

Discussion in 'Prime' started by bartage, May 6, 2009.

  1. EZX1100

    EZX1100 Road Train Member

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    if i leased a new truck and grossed $3,000 for driving 2,000 miles, how much would i pocket for the week?
     
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  3. ironpony

    ironpony Road Train Member

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    Depends on the fuel bill. Nothing (leadfoot) to as much as $800. BTW... that's what I'd call a piss-poor week myself - only $3000? If you were one of my drivers, I'd be on your case to get with the program.
     
  4. EZX1100

    EZX1100 Road Train Member

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    i am figuring that $1.50 should be an average on 2000 miles

    but even with those numbers, what would a driver pocket at the end of the week?z

    lets even make it a $5,000 week at 3000 miles as a comparison
     
  5. ironpony

    ironpony Road Train Member

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    That's low for our freight... it's going to depend on your driver rating and the board you're on, but my gross revenue was $1.73-per-mile for all miles empty and loaded. My average net profit before taxes is about $1500 per week last year; back of envelope calculation pulling out some of the deductions that are optional (medical insurance for example) when comparing with other folks. That includes a lot of down-time in July/August for electrical issues, and December for a couple of trips into Detroit Diesel.

    If you were to scale that based on the per-mile rate, all other things being about equal (not necessarily a good assumption, since tractors cost more in 2013 than 2009, and fuel) he'd be about $1300 per week NPBT. For us, the fuel bill is the 800lb gorilla in the room. Get great fuel efficiency (average near 8mpg) and that number is realistic. You can easily run one of these trucks near 6mpg too - with a corresponding decrease in your NPBT. Based on 100,000 mile per year (convenient for scaling) that's a difference of 4,167 gallons of fuel. At $4 per gallon, that's 16.7cpm per 100,000 miles less in your pocket.

    Don't complain the next time you encounter one of us doing significantly less than 65mph in the granny lane. Its about the dead presidents, not your ego.
     
    Last edited: Jan 27, 2013
  6. EZX1100

    EZX1100 Road Train Member

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    wow

    if you pull out one of those glen beck chalkboards, im gonna scream

    lets use your $1.73/mi avg load, lets use $3.50/gal, lets drive 2000 and 3000 miles averaging 6.5mpg on a brand new cascadia, no medical, no dental, no child support, no irs garnishments

    how much in my pocket? 2000 and 3000 miles
     
  7. alpaden

    alpaden Bobtail Member

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    Jan 13, 2013
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    Do prime inc. Company drivers get to take truck home for there home time or do you have to take it back to the terminal? Reason I ask is the terminal is 3 hours from home.
     
  8. Easy Steamer

    Easy Steamer Road Train Member

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    Yes you do , Unless you live next to the terminal, they actually prefer you take it home, Safest place is where you are watching it
     
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  9. alpaden

    alpaden Bobtail Member

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    Jan 13, 2013
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    Do you get paid to go home as a destination. I am new to the business. Not sure what to exspect. I leave in the morning to go to prime inc. It is my first day of orientation on tuesday. I guess I have the new job jitters.
     
  10. ironpony

    ironpony Road Train Member

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    Not including the tax man... with your assumptions:

    2k miles works out to around $840 (this is where the company guys come in at after taxes)

    3k miles works out to around $2040

    Now... my average miles are more like 2400 per week on a solo truck. That pegs you at $1321 - which is probably more reasonable to expect. In refrigerated freight we're slaves to our appointments quite frequently, so it makes no sense to run any faster than you have to and take advantage of the savings in fuel. At 6.5 mpg in my truck even near GCVW means I'm hitting it pretty hard. Keep in mind we're talking AVERAGES here, and a nice cushion of cash is needed to keep things afloat.

    Let me ask you something... where do you expect your net per week to be?
     
    Last edited: Jan 27, 2013
    EZX1100 Thanks this.
  11. ironpony

    ironpony Road Train Member

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    Company guys are paid all miles empty and loaded - even to your loaded destination near your home. When I was on the company side, they paid for me to bobtail from North Platte NE to Denver CO for hometime over Christmas one year.

    There's a ton of info in the Prime forum...

    http://www.thetruckersreport.com/tr...27-new-prime-inc-what-expect-springfield.html
     
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