Rate per mile question

Discussion in 'Expediter and Hot Shot Trucking Forum' started by jdetoy, Dec 19, 2022.

  1. jdetoy

    jdetoy Bobtail Member

    Dec 19, 2022
    Hi everyone new to the forum. I work construction mostly around the state of Colorado. I have a 2016 3500 duramax. I have been moving equipment for the GC I do most of my work through. we have a 6 ton crane is about the biggest I pull but a lot of it is through the mountains. after I had to do some repairs I need to decide a better way to be compensated for hauling. SO

    1. It is His trailer
    2. I will still be getting my hourly wage
    3. He pays for fuel
    4. I get .66 a mile on my tax return being a 1099.

    with those faceted in what do you think would be a fair rate to charge per mile to cover the ware and tear and operating cost on the vehicle and being to come out a little ahead to put some away for repairs that come up. after reading for a while is $1 per mile sound fair? again I don't really want to make a large profit of it as my wage is being taken care of just want it to be a fair number for the both of us to cover ware and tear and repairs as they come up.

    Lets say we are going off of a hot shot rate of $2 what percent of that is
    -driver wage
    - trailer expenses (water and tear, insurance etc)
    I think if I can find those percentages I can get close?

    Please let me know what you guys think
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