If I wait let's say 5 days for a good rate. Want my fixed and variable cost per mile drive down my next rate. For example, if I turn down 1.90/mile and wait 5 days for 2.50/mile. My actual rate per mile at 2.50/mile turns into less per mile when I factor in my fixed/variable costs. So now my 2.50/mile turns into, estimating 2.05/mile. When you sit, you need to figure in your sitting cost per mile. Take your average daily miles and figure your fixed/variable cost. Then do the math on how many cents per mile it cost to sit. Subtract your sitting rate from your next rate and you get your actual rate.
If I remember right, you have to be laid over for X number of hours first, then you can use their trailers, that part is true... The only complaints I had with JB and their Power Only program was they always gave us the real heavy loads, most were over 41K...
Maybe im the clown, I am going to take the $1.90 rate to get back to an area where i know I can get $2.50 rate keep the truck moving and keep my revnue up while having the ability to enjoy somewhat of a life. What sense does it make to take (example) load from Detroit, MI to Dallas, TX sit there for 5 days waiting for $2.00 mile to go back to the midwest? I have a house and family in Toledo, I dont leave to go camping for a week then come home to go back camping again. I am not the type to run freight for less than $1.00 per mile but I do know how to move my equipment into the best areas to get the best rates to make a living.
Your right, the name of the game is to keep it moving. Be looking for the next load as soon as the current load is booked. And also keep working on driving down the fixed/variable costs.
Did JB Hunt tell you that they want you out 10 or more days at a run? If you have your own Operating Authority, why are you going to work for someone else to make them money? I have my own Operating Authority and I work when I want, and decided how much money I want to make.
I'm looking into this program myself, trying to get away from this leasing on and this will help me towards independence. I'm just checking out the blog to see what everyone saying about it. Does anyone confirm that they need you to run 10 days out at a time?
I just happen to see a driver on that jb power program he told me you get the mileage rate +fsc They don't required you to stay out any number of days but they like for you to do 7-10 You get a fuel card You get 50% of the load soon as you pick it up So far its not bad for someone leaving from a lease company stepping into independence
I am super new to this board, But we are small trucking company and we tried the JBH program once. my drivers' ended up in MA for few days waiting on the loads and empty JB trailers. JB Dispatcher was never available also Fleet manager's voice box was packed and "no new messages please"recording. We quit after 2 weeks, and got back on our own "look the ITS and call your good brokers" deal. It was back in 08, JB is still calling us 3-4 times per week.