Hourly rate

yes...if he doesn't need it for that long then that would be his problem. ..most people rent 24 hours so 10 hours he should be happy about that

 

so about 25 to 30 gallons of deisel burned a day...

 

Charge a 4 hour mim. if he cancels the day before. Then charge 150.00 an hour from the time you leave your shop to when you get back.
That's the way most local haulers charge for local work. Buddy of mine runs a local hauling outfit in Phoenix.
That is their rate. for a 5 axle setup

 

If you can make $1000 per day (for easy math) then he has to replace that income for reserving the truck, guaranteed. That means if yours breaks down you have to get something to haul with. The guarantee goes both ways.

BTW, just curious.... It takes 10 hours to load, unload and drive 160 miles? Are they loading toothpicks one at a time?

 

If this is supposedly a daily thing I'd consider going for a weekly rate rather than hourly. Makes it easier for both of you to punch the numbers and if his guys wind up slacking or telling you they don't need the truck tomorrow you're covered. Just state what time period each day your truck will be available to them. Such as M-F 6am-6pm

 

I do loads for a steel shop in town when there truck is in the shop I charge them $125/hour I do two runs one in the morning and one after lunch sometimes I have two drops and somedays I have eight stops all this is within a 30 mile radius always takes me 8-10 hours.