per mile or %

Discussion in 'Ask An Owner Operator' started by Brucesmith, May 7, 2015.

  1. wrongwaytommy

    wrongwaytommy Light Load Member

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    Yep,I just saw a Mooresville,NC to Burlington,Nj for 1500 on a load board
    some outfit called Global Trans
     
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  3. spyder7723

    spyder7723 Road Train Member

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    For a guy running under his own authority that seems pretty cheap. I got a lot less expenses and get that rate after my carriers cut. Percentage is obviously better than mileage, but not all percentage contracts are equal.
     
    fortycalglock Thanks this.
  4. plague300

    plague300 Bobtail Member

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    it's all relative: did you have to run 3000 miles for that? then no but if you say ran 1500 miles for said amount, then okay. just round about numbers of course, you get the idea
     
    Last edited by a moderator: May 13, 2015
  5. TaylorMade407

    TaylorMade407 Road Train Member

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    Also depends on the lanes. That'll play a big part. But 75% of $4500 on 2000-2400 miles is a cheap rate. They'll get $3375. Even on 2000 miles they're doing 1.69 per mile at best. Unless I'm missing something.
     
  6. spyder7723

    spyder7723 Road Train Member

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    Bingo. We have a winner. finally someone who understands math. And it only gets worse if those loads go into or past Maryland. that can easily turn into five hundred or more$$ in tolls a week. then to make it even worse, does the carrier have fuel discounts, charge the oo for ifta? how about insurance rates?

    The gross never matters. It's the net that counts.
     
  7. BigBadBill

    BigBadBill Bullishly Optimistic

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    I have huge issues with OOIDA. They will take the easier road to stay in favor with all the Counter of Knowledge" experts rather than do the hard work of trying to educate people that bought jobs and turn them into business owners. They spin a lot of what they say they do. Read the articles they publish on the lawsuits and then read the court papers. Seems like you are ready two different stories.

    I was done when the pulled the bond BS over what I felt was a back room deal with the TIA over their insurance.

    Don't stay away, run away.
     
  8. BigBadBill

    BigBadBill Bullishly Optimistic

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    I at one point would have fought to the death that they only good deal is found in a percentage deal. Then someone on TTR showed me how they had a pretty good mileage deal that didn't just work for them but they make good money doing. Much better than they could get on mileage in their market.

    Now I will scream that you need to do the math. Create a sheet that breaks down what the cost and benefits are. Assign a value to things like regular home time based on how important that is to you.

    Make sure you know the answer to "percentage of what"?

    I still feel that percentage in a company that treats you fair (they need to give the billing information with the load so you see the rate) is going to be hard to beat but everybody has different situations.

    Also, if you aren't picking you loads then it's may as well be forced dispatch. If it's a dedicated gig that is great. But don't accept a percentage dispatch gig without the ability to book your own loads.
     
    TaylorMade407 Thanks this.
  9. monstertrucking1

    monstertrucking1 Bobtail Member

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    So what is a good flat rate? For this example, you don't go to the north east and you don't go west of texas. What would be a good rate for all miles?
     
    Last edited by a moderator: May 13, 2015
  10. TaylorMade407

    TaylorMade407 Road Train Member

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    A good rate will vary between O/O if your looking for a definitive answer. You have to figure out what's a win/win situation. A flat rate isn't gonna cut it unless it's a dedicated route. You prob could look up a lot of these owner op companies and see what they're offering. Give up a little more background info on your operation. Are you a dispatch service, fleet owner or a driver with his own authority trying to make a few extra dollars? Just to add on you said these are van loads? Are these your direct customers and brokers? Because weight plays a role also. Not many guys taking a 48k lb load for 1.69 a mile. If they do my hats off to them.
     
    Last edited by a moderator: May 13, 2015
  11. spyder7723

    spyder7723 Road Train Member

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    I'm averaging well over two bucks a mile. That's with my empty miles included in the calculations. On average it's right at a total of 2200 miss.

    A fuel discount of 40 cents or so per gallon(this various some on where I fuel but rough average of 40 cents off pump price) And ifta is completely paid by the carrier, no charge backs. so I can actually fuel where it's cheapest, not where it's cheapest after tax.

    Also, I never go east unless the rate is high enough to justify it. Same for west, including Texas. The Mississippi is basically the cut off point. Rates drop when you cross that bridge so better get it going in.

    Don't use our need Qualcomm so no expense there. And huge discount on insurance, my bobtai/unladen ins is 20 bucks a month.

    In my opinion, anything under this is subpar. And that's not even touching on two dozen other benefits my carrier provides

     
    Last edited by a moderator: May 13, 2015
    Reason for edit: Edited quote
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