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Rate questions?

Discussion in 'Ask An Owner Operator' started by Old Man, Apr 23, 2020.

Page 1 of 4
  1. Apr 23, 2020 #1
    Old Man

    Old Man Road Train Member

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    Oklahoma City, OK
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    Several years back when fuel was $3-4 a gallon they said rate should be the same per mile as the cost of a gallon of diesel.

    Fuel today was $1.41, wonder if they still use that formula?
     
    Old Man, Apr 23, 2020
    Old Man, Apr 23, 2020
    #1
    lynchy and 650cat425 Thank this.
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  3. Apr 23, 2020 #2
    zinita17601

    zinita17601 Road Train Member

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    Aug 19, 2010
    lancaster pa
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    Brokers do
     
    zinita17601, Apr 23, 2020
    zinita17601, Apr 23, 2020
    #2
    Doealex Thanks this.
  4. Apr 23, 2020 #3
    Rubber duck kw

    Rubber duck kw Road Train Member

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    Dec 9, 2017
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    Well everybody says that when it's 4 bucks a gallon, when it's under 2 that little rule suddenly disappears.
     
    Rubber duck kw, Apr 23, 2020
    Rubber duck kw, Apr 23, 2020
    #3
    Old Man Thanks this.
  5. Apr 23, 2020 #4
    clausland

    clausland Road Train Member

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    North Woods
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    Not sure who "they" are, but I guess if you get right down to it, it comes down to what rate "you" agree to haul it for....
     
    clausland, Apr 23, 2020
    clausland, Apr 23, 2020
    #4
    just_sayin Thanks this.
  6. Apr 23, 2020 #6
    just_sayin

    just_sayin Light Load Member

    104
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    Sep 2, 2012
    Bristol baby
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    Obviously coyote doesn't. They've got one listed Woodland California to Riverside California for a whole whopping $0.66 a mile. And no, it's not a partial. It's just a tad under 40000 lb. I don't know how they can even have the balls to post something like that. I'm sure when I look tomorrow it'll be gone. And hopefully the goof that hauls it will be gone, as in bankrupt soon.
     
    Last edited: Apr 23, 2020
    just_sayin, Apr 23, 2020
    just_sayin, Apr 23, 2020
    #6
    magoo68, Andreybanyuk, Blackhorse77 and 3 others Thank this.
  7. Apr 24, 2020 #6
    MTN Boomer

    MTN Boomer Road Train Member

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    Feb 4, 2019
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    MTN Boomer, Apr 24, 2020
    MTN Boomer, Apr 24, 2020
    #6
  8. Apr 24, 2020 #7
    MTN Boomer

    MTN Boomer Road Train Member

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    41 cents a mile on One load board, At 1 time fuel was around $ 1 gal. Freight was less than 1$ mile, lots of loads , happy days.
     
    MTN Boomer, Apr 24, 2020
    MTN Boomer, Apr 24, 2020
    #7
  9. Apr 24, 2020 #8
    wndrwtr

    wndrwtr Medium Load Member

    300
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    Mar 12, 2007
    Texas
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    IMHO..Look at EIA.GOV..find current national fuel price...75% of that is what brokers are getting for loads. Current rate SHOULD be $1.85 gross. Remember, broker has to "make" a $$$ as well.
     
    wndrwtr, Apr 24, 2020
    wndrwtr, Apr 24, 2020
    #8
  10. Apr 24, 2020 #9
    Hulld

    Hulld Road Train Member

    2,884
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    Oct 19, 2015
    Upstate NY
    0
    Sounds reasonable that rates should follow the fuel price.
    we all know that insurance cost, maintenance cost and driver pay all follow fuel prices.
    Why wouldn’t rate per mile ?
     
    Hulld, Apr 24, 2020
    Hulld, Apr 24, 2020
    #9
  11. Apr 24, 2020 #10
    TallJoe

    TallJoe Road Train Member

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    Apr 12, 2016
    Chicagoland
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    The formula seems accurate. Very interesting.
     
    TallJoe, Apr 24, 2020
    TallJoe, Apr 24, 2020
    #10
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