What kind of idiot takes a job for less than .30 a mile? Even considering the difference between practical miles and off the hub there is no reason to drive for less. Unless its 1954, then maybe I would consider .22 CPM. Personally, as a company driver I'm mad if I make less than .40 (pd by %) off the hub. I thought this was a good week $1400/3100 miles = .45 CPM left Sunday at noon and home Friday by 6.
Well lets just sum it up... You cant change stupid! You guys leased on need to go to the dollar store and pick up one of them cheap calculators with the big numbers and wear it out... Do the math, you are gonna be so far in the hole you wont be able to afford to take the kids out to the dollar menu! Being an independant has more responsibilities but the pay off is well worth negotiating a good rate! You will be able to take advantage of the market and make what you should be making. Its a learning process, and there is plenty of great people on this site that will steer you in the right direction. All you gotta do is ask and we will give you advice and attempt to steer you in the right direction.
I believe he said he would be running team ... paid .22 for ALL miles to the truck. ...It really becomes and issue of how many miles the truck gets
Original post said he was a lease operator and thinking about signing on with another l/o. Only later did the slight mention of teams occur. IMO .22 for all miles in a team situation is not bad but I still would be looking for .25-.28 as I've seen plenty of outfits advertising over .50cpm as a team?
.22 is still not all that good. And the previous caveat about small L/Os is very wise. It simply isn't always everything it's cracked up to be.
I wouldn't touch that with a 10 foot pole. I don't get paid all that well. I'm paid % of truck, and the lowest paid in the company since I'm the least experienced. I'm not paid detention, not paid or reimbursed for trailer washouts, and actually not paid for deadheading. However we don't drive weekends, I'm home Friday evenings to Monday morning, and that's worth quite a lot. I've done enough reading to know that L/O is not the way to go. I'd have to agree, if you want to own your own rig, then buy it, get the financing from somewhere else, not from the company that you're going to be driving for. Doing so puts them in complete control, and they will never lose. If for some reason they decide they don't want you to drive, or they are having trouble getting loads, you sit, not making any money, but still have to pay them. You quit them and you either turn in the truck or tender payment in full. One more thing, if you would need to quit, hopefully they didn't throw in a No-Compete clause, that can really screw you. The company I drive for, as a company driver, does have such a clause.
.22 is great.. where do I sign up for that.. No wonder none of the ltl carriers haul all their own freight.