Steel Hauling pay for O/O

What about insurance ? Tires ? Book keeping ? Federal Road Use tax ? Tolls ? telephone ? license tag ? You will not cover those items for 13 cpm.
Running 125,000 miles a year does not mean you are paid for 125,000 miles. As I have been saying , there are always non-productive miles to buy fuel for, and that costs $$$$$$.

I think the biggest problem you hands that say you are hauling for a buck a mile is you are leased to some company. THEY are paying the trailer costs, insurance, etc. Somebody has to pay it.
So, when those costs are added in, the cost to operate a truck is much higher.
There is no way trucks can be operated ( TOTAL COSTS ) for a buck a mile. Just because you are letting someone else pay it, it still has to come from somewhere.

 

How much dead-heading involved ? Is the 2.78 for hub miles, dispatched miles, book miles or what ?

 

He's recruiting for the company in his name.

 

That is what I was thinking.

 

Not recruiting. Just throwing it out there. That's the average for dispatched miles, DH is usually less than 10%. Yes I do work at BESL in safety, Dad works here as an O/O.

 

Is 2.78 + FSC the gross or driver pay? What is the average FSC? What percentage is paid to the contractor?

 

5mpg x $4/gal - of course prices fluctuate but that's just nice round number for an example. Better to overestimate.

65 cpm for driver, well I'm above an average driver and that was my competitive rate!

And RERM did ask about rates. Of course steel pays by the weight, usually 40K min. so you need to figure the miles and load heavier to get a better rate. He's driver paid by the mile so even a cheap rate looks good to him and gets the wheels in his brain turning.

And no it's not a mistake when the rate is on the BOL, that's just how some companies do their paperwork. It's usually the companies that have trucks knocking down the door to haul for them and the company has the luxury of setting the rates.

 

Ya'll are haulin the wrong steel ! (-: