Is this a good deal.

Discussion in 'Ask An Owner Operator' started by ballcoach, Dec 30, 2012.

  1. Dec 30, 2012 #1
    ballcoach

    ballcoach Bobtail Member

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    I was talking to an Owner Operator last week and he said he pull flatbed for a small company and they pay him $1.50 a mile. He said that OP are paid $1.50 loaded and empty. Even if he has to dead head 300 miles he still gets $1.50 a mile. In other words every mile he drives he gets $1.50. The company does not have any fuel discounts. Is it worth it?
     
    ballcoach, Dec 30, 2012
    ballcoach, Dec 30, 2012
    #1
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  3. Dec 30, 2012 #2
    cpape

    cpape Desk Jockey

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    Our contractors averaged 1.85/mi on all miles, loaded or empty, this year. We haul a lot of heavy equipment and other over size loads, which tend to pay better than normal flatbed freight. Our fuel discount averages around .20/gallon.

    At 1.50/mi you should be making money, but you aren't getting rich. In my opinion, you could probably net about the same as a company driver at a good open deck company. You should be getting compensated for the additional risk of managing your own business as an ind contractor.
     
    cpape, Dec 30, 2012
    cpape, Dec 30, 2012
    #2
    BigBadBill, 25(2)+2, rickybobby and 1 other person Thank this.
  4. Dec 30, 2012 #3
    rockyroad74

    rockyroad74 Heavy Load Member

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    Exactly! Too many operators forget how much they have held up in their equipment. At 1.50 all miles, you r making less net revenue (about .30/mi) than many company guys who also have benefits and, don't forget, no risk!

    Not a good deal for me.
     
    Last edited: Dec 30, 2012
    rockyroad74, Dec 30, 2012
    rockyroad74, Dec 30, 2012
    #3
  5. Dec 31, 2012 #4
    BigBadBill

    BigBadBill Bullishly Optimistic

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    Very low for open deck. Need to look at it as you are making about $.05-.08/mile more than mileage dry van guys. And most offer fuel discounts.

    You have to wonder how much the care about the O/O. We are small and even we have fuel discounts.
     
    BigBadBill, Dec 31, 2012
    BigBadBill, Dec 31, 2012
    #4
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