That is correct. You pay whatever the price of fuel is where you are. The company then rebates a certain amount of money called a fuel surcharge. Usually .45 cents/loaded mile.
x
So if lets say, you have a 1000 paid mile load, the fuel rebate would be $450. Dead Head miles are paid at a straight rate of .82 cents/mi. No rebate/surcharge.
The math comes in when you compute your trucks MPG miles per gal. So lets just use any numbers, your trk gets 10 mpg, 1000/10 = 100 gal of fuel used. 100 gal x $4./gal =$400.00
So you take what the co gave you as a surcharge, in this example $450 and subtract your gal used money amount $400 you end up making $50 on the deal.
However 10 mpg is unrealistic unless maybe your bob tailing a good distence. but with the example, I hope you can see how the game is played.
I hope this helps explain the system a bit more clearly to you.
don
L/O Fuel Summaries
Discussion in 'Swift' started by blsqueak, Sep 11, 2012.
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Thats why you may see many L/O or O/O's driving very slow, and that is to get the highest MPG they can to make the most amount of money they can. Going fast gets you lower MPG for me, I figured it out to be somewhere around $200 on a 1000 mi trip when I lose just 1 mpg. Meaning if my trks averages 7 mpg, I make $200 more on that trip than I would have if I only averaged 6 mpg.
my numbers may not be totally accurate, but they are close.NoBluffBuff Thanks this. -
Oh okay....I see it now, finally. The surcharge is paid per loaded mile, and not per gallon of fuel. I've been keeping track of loaded & empty miles, fuel usage, load weight, route, and so forth, for the last couple weeks. It was making me bang my head on the steering wheel to find where a guy actually makes some revenue. Hahaha! Thanks for the help!
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WHen the FSC is high like it is right now, it is where I actually make my money. My truck gets an avg of 7.6 usually, and I haul alot of lite loads and try and stay on the southern routes. After all expenses on my truck, I am usually comming out to around .60/mi profit.
fr8monkey Thanks this. -
Swift gets there fuel from the same refinerys as the majors (Pilot/Flying J/Loves). I SAW a Pilot tanker at the Albuquerque terminal refilling the terminal's tanks.
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On that note, yes I am sure its a contracted labor or out sourced job. An empty tank can still hold anything in it, cheap or great.
Well I fueled up today before leaving Laredo, Tx Term, and the fuel was as clear as water. I don't know if that means anything, meaning a cheaper less additive blend. But the savings was anywhere between 24 - 34 cents per gal over buying it else where.
well we'll see. -
I've been told that undyed fuel is high quality fuel...but that's just hear-say. Or if it has a slight yellow tint, that means it's good stuff.
truckbuddha Thanks this. -
Well I just don't know what to think, about the clear water fuel. However, I did figure out that for approx every 1 mpg less on a 1000 miles does equal out to be about a $100. I hate it cuz, on this trip I wanted to see my mpg with some engine work I just had done, there is a slight improvement in over all mpg under the circumstances I drove. Meaning, all out, pedal to the metal as hard as she could go. I didn't do my normal poking along this trip. My mpg went from an 8.4 down now after about a 1000 mi to a 5.9 on this trip. that sucks! But it was all NM and Western TX hills and high winds too.
You know whats real funny, and sad and pathetic. Is all the complaints and the insult used by so many so called veteran drivers, calling other drivers just, "Steering Wheel Holders." Well now I pass so many of these professionals who criticize others, and guess what? Do you think they flash me in when I pass them? No way! I guess its somehow insulting to their ego's to be passed by a Swift trk, that they just don't know what to think. lol
I think of all the thousands and thousands of trks I have flashed in over the yrs as a co drvr, and usually always, its all hugs and kisses and thank you ever so kindly mr. swift, etc. and still even now I still occassionally do, but they still go on and ignore me, doing nothing, so I get a bit pissed off, so I start also doing nothing.
Its so pathetic the complaining about the lack of professionalism out here amongst trk drvrs. But yet, its getting worst, isn't it?
What a joke isn't it? How its so much like Kindergarden out here.
goodnight everybody, sweet dreams. -
So you buy it at Sapp's the IFTA fuel taxes are covered, you buy it at SLC your settlement takes an IFTA hit later on in the month. It all washes out but this guy was saying it's 'fake' low prices in the terminals.
Somebody's been buying it up pretty good, got 2 messages, Richmond and Martinsburg are bone dry on fuel.Last edited: Dec 9, 2012
fr8monkey Thanks this.
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