Stepping Out With My Own Numbers

Discussion in 'Ask An Owner Operator' started by Misesian, May 16, 2017.

  1. Misesian

    Misesian Road Train Member

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    I think I have the new truck mostly figured out now. The shifting and throttle response are a lot different than the Peterbilt with a Cummins. I tracked 1740 since I left Arkansas a few days ago to Houston, then Houston to where I'm at in Virginia and this one was 9.66 MPG. Both loads have me at 67-68k weight. I was getting mid 8s but now I'm seeing that moving up. I'm not so sure I'll hit my original goal of 10mpg but I think I can get this thing to average in the low 9s over time. Currently at 8.8 since I've had it. I'm very impressed with the International A26 combo.
    I guess it's that time of year but there is so much cheap freight right now. Even on lanes that would normally have some money on them are really low. I'm having to strategize more than usual to stay above 2.00 a mile and hit my revenue target. I'm confident I'll hit it but it is taking a lot more time on the load board to figure it out.
    An example is a load from TX to PA I was interested. I figured a fair rate would be 2.15/mi up there and I could do something with that. Broker was only paying 1.52 on it. He asked me why I would quote it that high. I told him, you're asking someone to haul for backhaul rates into a predominantly backhaul market and only a fool would take that load for that rate up there. He tried to come up a couple hundred but I told him I can't do it for less than 3100, 3,300 is what I really would like though, it doesn't make sense. It's still there on the board.
     
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  3. rollin coal

    rollin coal Road Train Member

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    Yep just in time for the EOBR mandate to take effect across the board freight is getting scarce. Remember how everyone said rates would skyrocket when that happened? Well, it would but only if the freight demand is there. It isn't. Not even close. This is the worst "Amazon season" I've seen in 7 years and we're not even into Jan and Feb yet. Hope everybody banked up over the summer cause it sure seems like difficult times are near. I dunno what is up with holiday freight people must not be spending as much this year. Amazon certainly did a slam dunk job locking down low rates. Yet another year of those rates trending downward from the brokers but that's how everything once good goes.
     
  4. Misesian

    Misesian Road Train Member

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    Rate per mile is important but I also pay close attention to the daily rate on a given load and where I'm at in my own monthly revenue target. Some loads not only have a poor rate per mile but translate into a horrible daily rate. That example I gave would get you a little over 500 a day; terrible. I shoot for 20k or more per month which means anywhere from 750-1000 per day, depending how many days I'm not on the road. People taking loads like that are slowly putting themselves out of business and don't know it until the bank account is empty one morning.
     
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  5. spyder7723

    spyder7723 Road Train Member

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    I don't know about Amazon but ups is working us to death. They have so much overage this year they took some team packages and split them with 10 hour breaks at each end to make them solo packages. I don't know who wrote their dispatch program but that guy needs a raise. It perfectly has me running my 70 out and getting exactly 34 hours for a reset before repeating. I haven't worked this hard in over a decade. 2 weeks into it and I'm ready to cry uncle. I ended my run today with exactly 4 minutes on my clock. Was smooth sailing till the last 5 miles and got to sit in rush hour traffic trying to get to the hub.
     
  6. drvrtech77

    drvrtech77 Road Train Member

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    I'm running flat and my rates have soared..as well as amount of freight..
     
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  7. DUNE-T

    DUNE-T Road Train Member

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    $2 to go to PA with reefer? How much would you get from PA to TX?
     
  8. DUNE-T

    DUNE-T Road Train Member

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    Are you working in the south? Cause Midwest-Northeast is good. Dry van average is $2.5-$3 on 2000-2500 weekly miles here. I would think reefer is closer to $3.
     
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  9. mladen86

    mladen86 Medium Load Member

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    I have some friends doing amazon loads. They take loaded trailer from amazon dc to ups and bring empty back.
    They’re paid $2.20 all miles and $1300 per day if they don’t get a load.
     
  10. rollin coal

    rollin coal Road Train Member

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    I agree and that's always the difficult thing to out here is to find that balance of a solid daily revenue stream attached to a good rate per mile. I'm always looking to book a minimum of a $1,000 in revenue per day. There are rare times though when that goes out the window but it has to be a good fit in the overall picture to happen. Then there are times when I turn my nose up at loads paying less than $3,000 that only take a couple of days or less. Or times when I will happily book a short day run paying $1,000-$1,200 because that's all there is. Sometimes neither of those types of loads are available. Things change quickly out here and if you don't adapt you'll be sitting.
     
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  11. rollin coal

    rollin coal Road Train Member

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    Yeah I'm in the south. It should be hopping right now and the brokers should be blowing up the phone willing to pay what it takes. The phone calls do come in from early morning until about lunch time. By 2pm they stop coming almost entirely. The loads are disappearing and covering quickly. Lots of crickets chirping around here. There are some so-so rates $3 a mile van and reefer not going anywhere decent. Should be able to get that at a minimum going to good areas. Have never seen it like this in December. A buddy in Chicago area tells me volume up there and in Wisconsin is down in a big way the past few days too. This is a weird holiday season.
     
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