If you are a leased owner/operator getting paid by the mile plus a fuel surcharge you may benefit from higher prices.
If you operate as an independent with your own authority as I do most if not all your loads will be a flat rate. This way the cheaper the fuel the better your bottom line. The less you pay the better.
As an independent of course I make more when fuel is cheaper. The hauling rates now are being driven more by supply and demand and less by the price of fuel.
owner operators over the road: is the lower fuel prices helping you out
Discussion in 'Ask An Owner Operator' started by OldHasBeen, Jan 2, 2015.
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Truck drivers and math is always like watching a cat climb a curtain, interesting as hell, and someone always end up butt hurt.
Badcable, DrtyDiesel and mjtrucking Thank this. -
I have done specific loads before for X amount of money but lately the rates on these loads have dropped because of the fuel prices dropping. Even though I work in the spot market, the brokers have contracts with the shippers for set rates + FSC and therefore have to lower the rate.
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There are seasonal headwinds too:
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In my home town finally gas went below $2.00, 1st time in many years its been that cheap, in some places its now $1.99. But I've been buying my gas at Texarkana just east of State Line Avenue and about two weeks ago I paid $1.84 per gallon.
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I guess back when fuel was less than a buck and fsc hadn't been invented we should have all starved to death.
DrtyDiesel Thanks this. -
simply makes no sense.DrtyDiesel Thanks this.
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