Leased-on O/O's, how much are you earning a mile?

Discussion in 'Ask An Owner Operator' started by Easy_Money_Trucker, Feb 25, 2019.

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  1. Easy_Money_Trucker

    Easy_Money_Trucker Bobtail Member

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    And how much is your company's fuel surcharge this week.

    I won't say who I drive for but
    I make $1.07 + $0.19 cpm FSC this week.
    So... $1.26
    I guess that is alright.
     
  2. thaistick

    thaistick Road Train Member

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    Yeap, you're killing it....
     
  3. mitmaks

    mitmaks Road Train Member

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    Whoa, where do I sign on for that awesome deal!?
     
  4. Misesian

    Misesian Road Train Member

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    If you’re leased on with a carrier, anything less than 1.45 is too low, all miles. At this point, I’d say 1.50 or less is too low. I’m talking general freight in dry can and reefer.
     
  5. JonJon78

    JonJon78 Road Train Member

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    Alright? It costs me 1.14 just to turn a mile...
     
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  6. Easy_Money_Trucker

    Easy_Money_Trucker Bobtail Member

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    Oh yeah I forgot to add. I pull dry Van.
     
  7. Ridgeline

    Ridgeline Road Train Member

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    Please don't, that is cheap and it hurts all of us.

    I think you need to know what it costs you and what profit margin you want to maintain to come up with a number, excluding the FSC.

    ALSO O/O should look at gross revenue per load, not per mile, as I agree with many who say that's the steering wheel holder mentality coming through and needs to go.
     
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  8. blairandgretchen

    blairandgretchen Road Train Member

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    My fixed and variable costs totaled $1.43/mile in 2018, leased to a carrier.

    .29 cpm was the last of the truck loan.

    That would be $1.14/ mile - with paid off equipment.

    Let me see - $1.26 minus $1.14 -

    Where do I sign up for 12cpm driver revenue?
     
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  9. Midwest Trucker

    Midwest Trucker Road Train Member

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    $1.70 hub miles

    Mostly Dry some Reefer with X endorsement.
     
  10. Easy_Money_Trucker

    Easy_Money_Trucker Bobtail Member

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    Eagan, MN
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