New Pay Program

I made a mistake, I understand they are offering Fuel Surcharge on empty miles as well so here are the new numbers.

Old Model 7% deadhead against 100,000 miles

$0.92 + $0.44 = $1.36
$1.36 * 93,000 miles = $126,480
$0.81 * 7000 = $5670
total = $132,150

New Model with 10% deadhead against 100,000 miles

$1.08 + $0.24 = $1.32
$1.32 * 90,000 miles = $118,800
$1.32 * 10000 = $13,200
total = $132,000

New Model with 20% deadhead against 100,000 miles

$1.32 * 80,000 miles = $105,600
$1.32 * 20,000 miles = $26,400
total = $132,000

50% deadhead
$1.32 * 50,000 miles = $66,000
$1.32 * 50,000 miles = $66,000
total $132,000

100% deadhead

$1.32 * 100,000 miles = $132,000

I posted it on the Swift Facebook wall, less than 5 minutes it was deleted.

 

Scottie, was just there and it is still there.

 

i posted it again lol

 

On a 150 mt and 1000 loaded miles u make 39.65 more on the new l/op pay package plus your loyalty pay... So to extrapolate to a full week 375 mt 2500 loaded 99.125 + say .04 cpm loyalty pay and shorter loads on banded pay=100 +99.125=199.125 also incalculable how much fuel u save on mt miles ......I have to do a backwards analysis to see how much my mt miles are actually averaging...but I have definately seen more mt miles on load offers lately...that's real money on 13% deadhead.

 

I figure about 9+ mpgs mt and less wear on the tires and drivetrain. Climbing hills mt to get to your next load will be faster therefore burning less time against the 70 hour clock and less burning up the consumable brakes going down same hills. I would suggest taking the extra money every week and investing it straight into Swift stock. As Swift captures more and more freight as Swift owners widen their freight search radius their stock should climb steadily.

 

What is this loyalty pay that you speak of???

 

$.005 per mile, on loaded miles, bump per year after 2 years ... My base right now is $.93 ... 2 bumps.

 

Yeah I'm at .935 soon to be at .94 the max I guess.....

 

You use your brakes going down hills? I don't even use my brakes in the mountains unless I absolutely have to. =)

 

Apparently I haven't used my brakes either,hehe still at 1/2 inch after four years....