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Disgusted owner in need of help

Discussion in 'Ask An Owner Operator' started by lfaulk2000, Jan 13, 2010.

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  1. Jan 13, 2010 #1
    lfaulk2000

    lfaulk2000 Bobtail Member

    5
    0
    Jan 13, 2010
    baton rouge, la
    0
    I have been with CRST Malone Flatbed since September 2009. With the heavy costs of fuel, weekly deductions, and pay to the driver, I am making NO money. Is there something that I can do differently? What is the best pay rate for a driver? I was told that I was paying my driver too much money. CRST says that the loads are being over-advanced. I am new to OTR trucking. Any advice that would help me make a turnaround will be helpful.
     
    lfaulk2000, Jan 13, 2010
    lfaulk2000, Jan 13, 2010
    #1
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  3. Jan 13, 2010 #2
    REDD

    REDD The Legend

    6,237
    4,291
    Jun 29, 2009
    Dueling Banjoville
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    Drive the truck yourself
     
    REDD, Jan 13, 2010
    REDD, Jan 13, 2010
    #2
    WallyGator and lfaulk2000 Thank this.
  4. Jan 13, 2010 #3
    gearjammer-2000

    gearjammer-2000 <strong>Clutch User</strong>

    670
    205
    Dec 18, 2007
    columbus Ohio
    0
    new to trucking, you own a truck, have a driver, and NO experience, I would venture to guess that your education in this business is going to be VERY expensive indeed.

    why in Gods name would anyone jump into a business without any experience is beyond me.

    my suggestion is to sell the truck for whatever you can get out of it, take the loss and chalk it up to a learning experience,

    get a driving job and at least learn the basics, READ and learn everything you can and then decide if it is worth becoming a truck owner, whether you are also the operator or hire a driver will at least then be made with at least an idea of what this business is all about
     
    gearjammer-2000, Jan 13, 2010
    gearjammer-2000, Jan 13, 2010
    #3
    lfaulk2000 Thanks this.
  5. Jan 13, 2010 #4
    siriusre

    siriusre Bobtail Member

    40
    32
    Jan 10, 2010
    Chelsea, AL
    0
    Fair pay to the driver would be:

    .34cpm to .42cpm depending on experience
    $25-$30 tarp pay per load
    $25 for each stop other than the originating pick up and final drop.
    + Layover pay
     
    siriusre, Jan 13, 2010
    siriusre, Jan 13, 2010
    #4
    Baack and lfaulk2000 Thank this.
  7. Jan 13, 2010 #5
    lfaulk2000

    lfaulk2000 Bobtail Member

    5
    0
    Jan 13, 2010
    baton rouge, la
    0
    Thanks for the advice, but here is my situation. The truck was purchased for disaster work. Once work slowed, I put the truck on the road to have some continued revenue. I have a dump truck and a gravel trailer. I am not in the position to drive the truck myself due to owning another business. Are there companies that allow owners to be more profitable than CRST? Meaning, they don't take as many deductions for b.s.
     
    lfaulk2000, Jan 13, 2010
    lfaulk2000, Jan 13, 2010
    #5
  8. Jan 13, 2010 #6
    lfaulk2000

    lfaulk2000 Bobtail Member

    5
    0
    Jan 13, 2010
    baton rouge, la
    0
    thank you for your help
     
    lfaulk2000, Jan 13, 2010
    lfaulk2000, Jan 13, 2010
    #6
  9. Jan 13, 2010 #7
    Pur48Ted

    Pur48Ted Road Train Member

    3,643
    5,981
    Jun 14, 2006
    Grand Rapids, MI
    0
    What are you hauling for CRST, and what is the rate they are paying to the truck, what deductions are they taking. You need to give more information if you want an answer......other than what has been given already.
     
    Pur48Ted, Jan 13, 2010
    Pur48Ted, Jan 13, 2010
    #7
    lfaulk2000 Thanks this.
  10. Jan 14, 2010 #8
    lfaulk2000

    lfaulk2000 Bobtail Member

    5
    0
    Jan 13, 2010
    baton rouge, la
    0
    Commodities of all kinds for flat bed 75&#37; of the gross 100% of the fuel surc. I am paying about 550 per week to include equipment for flat bed tarps chains etc. plus all insurance ie:bobtail, workman comp, liability for tractor and running their base plate.
     
    lfaulk2000, Jan 14, 2010
    lfaulk2000, Jan 14, 2010
    #8
  11. Jan 14, 2010 #9
    REDD

    REDD The Legend

    6,237
    4,291
    Jun 29, 2009
    Dueling Banjoville
    0
    First thing you need to do is figure out how much it costs to run that truck by the mile. Take all your fixed costs for the past month, then add your variable costs for the past month. Then divide by the number of miles your truck moved.... This will give you your operating cost per mile...
     
    REDD, Jan 14, 2010
    REDD, Jan 14, 2010
    #9
    slabrunner and lfaulk2000 Thank this.
  12. Jan 14, 2010 #10
    Scarecrow03

    Scarecrow03 Road Train Member

    3,411
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    Sep 27, 2006
    In Your Head
    0
    After u figure that out, find another company to put that truck on with. I'm working right now and can't get into why, but I will when I get home in the morning.
     
    Scarecrow03, Jan 14, 2010
    Scarecrow03, Jan 14, 2010
    #10
    lfaulk2000 Thanks this.
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