Charging by the yard? Explanation

If there's one thing I've learned recently after purchasing a gravel tailer, it's that some companies pay by the yard and that most drivers who haul aggregates, earth or other bulk don't know what exactly it means to be paid by the yard. Lemme be clear that I'm not disparaging anyone here because quite frankly, from what I understand, figuring out how to charge by the yard isn't necessarily an exact science and kinda weird if you ask me.

None the less, some companies do charge by the yard and I'm facing a situation where I'm going to have to tell som eone how much I'm charging per yard for hauling some dirt around.

Can anyone explain to me how being paid by the yard works for some one with an end dump trailer? Not the the end dump matters but if it does help, I've got a 2004 32' midland end dump trailer.

Cheers

 

Thanks 112racing. Now lemme get this straight because I have to be missing something. I was recently offered $0.30/yard for hauling gravel. If your calculation works with my trailer (it does) then we can round down to 47 cubic yards. At $0.30/yard, that would only be $14 per load. I have even heard recently of a company underbidding for some rural municipality work at $0.22/yard which would be even more ridiculous.

Am I missing something or would this be accurate? I can't imagine hauling anything more than a quarter mile or something for such terrible pay and that's even an overestimation as I would be overweight if the trailer were topped up to super full.

Cheers

 

AH! ok...I got that wrong. Way wrong hahahaha. This is what's so frustrating for me regarding yardage. There are a few people out here in Saskatchewan that do their figurin' in yardage and I just can't wrap my head around the numbers.

It sounds like yardage is a way to convolute pricing and make it harder for haulers to figure out what they're hauling and how to charge for it? I dunno...it just seems so odd to me.

Cheers