Is there a way to get more than 65% without having own authority

Discussion in 'Ask An Owner Operator' started by DAX_, Feb 16, 2020.

  1. DAX_

    DAX_ Medium Load Member

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    Basically question is as asked
     
  2. snowwy

    snowwy Road Train Member

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    The going average is around 75 to 80 %. Or better.

    So yes. Just find a different company.
     
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  3. DAX_

    DAX_ Medium Load Member

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    Thank you. Had no idea
     
  4. Old Man

    Old Man Road Train Member

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    Most company’s pay 73 to 80 percent with your own trailer, which you would need with your own authority
     
  5. PE_Trans

    PE_Trans Road Train Member

    There’s a lot of homework involved in finding the best deal. Just because the pay percentage is higher doesn’t mean you have a better deal. Landstar’s pay percentage is smaller, but it will probably come with good discounts on fuel and truck repair, along with a load board where you can select your own loads, and let’s not forget everything that happens in the office such as IFTA and 2290 filing, truck registration, bookkeeping, federal/state annual tax filing, and so on.
     
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  6. fortycalglock

    fortycalglock Road Train Member

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    Apples to apples, not apples to oranges. You’re going to need a trailer with your own authority. Typically those 65% companies pay another 7-10% for your trailer, so now you’re in the 70’s. Only you can decide if that’s with it. Remember percentages are misleading though. 100% of DAT or Truckstop brokered freight, you’re only getting 50-90% of the billed charges, and you’ll never know what they are. Add in a 2-5% quick pay/factor fee and you give up even more.
    So let’s just sat a nice broker gives you freight at 80%, with a 4% quick pay. Liability insurance runs you 5% of your revenue, so now you’re at 71% of billed revenue, but you’re like “I’m getting my 100%”.
    Now if you’re atypical, and your business plan is to secure direct customers, go for it.
     
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  7. fortycalglock

    fortycalglock Road Train Member

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  8. Opus

    Opus Road Train Member

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    I don't understand your point
     
  9. Derailed

    Derailed Road Train Member

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    Meaning the broker is taking a percentage right off the top and then the company.
     
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