help with pricing loads

Discussion in 'Ask An Owner Operator' started by falcao, Jan 13, 2013.

  1. falcao

    falcao Bobtail Member

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    Jan 13, 2013
    boston, ma
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    how much does a load pay per mile when you put all expenses in.
     
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  3. Jumbo

    Jumbo Road Train Member

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    That is hard to say because everybody has different expenses.
     
  4. dannythetrucker

    dannythetrucker Road Train Member

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    everywhere, man
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    $1.37, or was it $0.46 ? nevermind, I forgot.
     
  5. C.hartley

    C.hartley Bobtail Member

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    Oct 14, 2012
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    With my 30 years in this industry, and i will gamble with your question that your serious, Stay out of the paid by the mile game. The guy next to you will try to take your job next week when he finds what your doing it for and will do it for 2cents cheaper and your boss will say nice knowing you. Heres some good advise thats free and will save you lots of money, your time and your home life and marriage if you are. Work for a company that owns there own equipment and gets paid by the hour. Unless you know a job thats dedicated and know the bottom profit at the end of the week will pay for your time , fuel , insurance, maintence, and some savings, dont even think about it. Companys have nothing to loose when its your !00% of everything thats invested,and when you finally figure your so broke and bassically finished and cant carry on , the company already has the next new guy lined up to take your job over. I have seen it for years, it makes me sick but thats how the they get the job done. The trucking game is not for the weak at heart. Its a serious adventure, not like at the movies. Walk cautiously .
     
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  6. windsmith

    windsmith Road Train Member

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    Rule of thumb: Figure $1.20 / mile to run your truck and pay yourself $0.30/mile. This includes setting aside funds for maintenance, tires at 100,000, as well as inframe overhaul, transmission and rears overhaul at 400,000 miles. This does not include trailer expenses. This assumes you're averaging 2000 miles per week. YMMV.
     
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  7. camaro68

    camaro68 Medium Load Member

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    Dec 17, 2011
    Tennessee
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    example....if your offered a load for $1800 and it's going 500 miles. Fuel cost per mile....500miles/5.5mpg=90.9 gallons fuel x $4.00=$363.6 fuel cost. Divide your fuel cost $363.6/500miles= .72 cents/mile fuel cost.
    Let's say your planning on driving 100,000 miles this year. Your ins, tags and etc costs you $15,000 plus you want to save another 15,000 for maint. Take $30,000/100000miles= .30 per mile. Pay yourself .40 cents per mile. So for this example your cost would be $1.42 per mile.

    So this load originally pays $3.60/mile. Minus your expenses of $1.42/mile. $3.60-$1.42= $2.18 per mile to the truck.
     
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  8. falcao

    falcao Bobtail Member

    7
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    Jan 13, 2013
    boston, ma
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    thank you for your help, i just acquired a truck so i wanted to find out with truck payments, insurance, maintenance and a my pay on average what is the pay per mile
     
  9. MNdriver

    MNdriver Road Train Member

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    Little bit late to be figuring that out.


    What does your pro forma cash flow show it should be?
     
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  10. windsmith

    windsmith Road Train Member

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    Really? Hop off that high horse of yours and lend a hand, willya?
     
  11. MNdriver

    MNdriver Road Train Member

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    Wow, you really are a .....



    He needed to have a pro forma long before this day. What is HE identifying as expenses. If he doesn't have that clue now, we can sit here and give him all kinds of stuff that will mean jack squat.


    Since you seen to know all the answers, you explain what a pro forms is smart guy.
     
    Last edited: Jan 13, 2013
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