How much is 24% of the load?

0.24 x $1200 = $288 Avg
0.24 x $2000 = $480 Much Better
0.24 x $2700 = $648 Very Good!

But most times Trucking companies will do this. Get $3200 for the load tell you it's $1100 @ 0.24 * $264

Not very much see the actual RC from the customer. No Trucking company unless desperate to keep a driver will show the actual rate con from their customers. Because it's their customers!

 

Thats why i love bones. I have seen the sales documents on dozens of loads. Hell they have even had me grab checks from customers to deposit with my bills and the numbers have always matched.

Sadly bones is 1 in a billion as a carrier and many as you said will sell you a pretty lie. See @motocross25 and his experince where they caught his boss shorting loads before he came to bones.

 

Can you choose your loads?

The way to make bank with percentage is by doing extremely short runs. There were loads coming out of the port of Galveston to Houston that paid exactly the same rate as Galveston to Baton Rouge. I could fiddle fart around, 90 miles per day, and make the exact same money as someone who ran 400 miles away. And I am still in the freight lane.

 

When I was green and stupid, the 1st trucking job I had( 1978) paid an alleged 27% of the load. Since I was green and stupid, I did that for about a year and a half. One day, the boss told me to pick up a check for the trucking charge, after my pay, I did a little math, and confronted the boss, not a good thing to do, and said what gives? He babbled about something, under his breath told the son not to have the driver pick up the check again, I told him to cram it and never worked % again. Mileage is similar to %, but at least you know what it pays. % is dishonest right from the start.

 

Glad I backed up a few post, was about to Oxbow myself .

You’re correct, some shorter runs pay better than the longer runs. Why drive more miles for the same $$ or less….

 

Well the question is…. Is driver pay deducted before or after company expenses? I’ve been paid before the fuel was deducted and after fuel deducted.

Machinery Hauling paid 23% to the driver no matter what the load was, H&W paid 23% for legal loads except for CSX, we got $.28 mile for CSX loads empty or loaded. And made more for OS/OW loads.

$$ is like the little old lady who pee’d in the ocean, ever little bit helps….

 

Normally I would agree with your conclusion..But if those are short runs and a driver is doing 3 a week. Thay $40 $120,a week, or $360-480 a month. That could cover a car, or boat payment. Pampers and formula for the young people.
On average that would be $420 a month or $5040 a year. Investing that just in the S&P over 30 years would be more than a million when you retired

 

In Theory yes, but it also depends on you customer, as an example Cargill does everything as all in rates in their contracts for Wal-Mart and Costco DC so the driver would get 24% of the all in rate if the carrier is being honest on the freight Terms. Honda on the other hand breaks down the Freight and Fuel so the carrier could exclude the fuel and saying you are getting % of the freight, and that can be a $100-$200 difference per load for the driver looking at the current Honda fuel surcharge.

It's one of the reason company or owner i would never choose to do percentage because most companies aren't going to give you the real freight terms directly from their customer, they are going to give it to you on their rate con or company letter head.

 

It could be all of those things. Lots of gray area here. Could be state or federal taxes too. Just a lot of moving parts potentially.