Truck Load Rates Halt 8 Week Slide 2.0

Discussion in 'Freight Broker Forum' started by Scooter Jones, Mar 7, 2020.

  1. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Net fuel price in Madison where I fueled yesterday is $2.10. This includes $0.33 ifta withholding per gallon.

    So net fuel cost is $1.77. No mileage tax.

    Orygun @ $1.95 plus $1.50 mileage tax ( assuming 7 mpg ) is $3.45 gallon.

    Pretty mean game.
     
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  3. SteveScott

    SteveScott Road Train Member

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    A cursory glance at Convoy this morning and I see that many of the lanes are up a bit from last week. A number of $2+ per mile loads out of LA and CA in general. Hopefully it's the start of something good.

    It would be nice to finish the month with some good rates for a change. Can't really get much worse than it's been. At least fuel is down.
     
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  4. Scooter Jones

    Scooter Jones Road Train Member

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    No, it doesn't work out to 3:45 a gallon. Besides, I don't go to Madison LOL
     
  5. Scooter Jones

    Scooter Jones Road Train Member

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    Spring is right around the corner
     
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  6. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    It's also early March. I mean I don't really pay much attention to anything, but even I've noticed from about the middle of February to the end of March is the bottom of the curve.

    That being said there's still stuff for $5 mile if you're in the right place at the right time.
     
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  7. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Ok. $1.95 ÷ 7 is $0.28 mile.
    Add $0.21.5 mile.

    Cost per mile is $0.49.5

    $2.10 ÷ 7 is $0.30 mile.

    $0.30 x 7mpg = $2.10

    $49.5 × 7mpg = $3.47
     
  8. PPDCT

    PPDCT Road Train Member

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    Oh, no doubt my friend. I'm mostly just feeling a little snarky this morning. Don't mind me.
     
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  9. Scooter Jones

    Scooter Jones Road Train Member

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    Well, my mpg is better than 7. Even still, let's say I average $2.22 per mile this month and I do 7000 miles. At 7.2 mpg at $3.45 all in fuel related costs, no tolls for me, that's 22% of revenue. Which ain't bad.
     
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  10. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    No you said all you're miles aren't in Orygun. So then you have huge applicable IFTA taxes.
     
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  11. Midwest Trucker

    Midwest Trucker Road Train Member

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    We could start a conspiracy... I said that China can go to hell as far as I’m concerned. 1 day later the entire thread is gone over essentially nothing. Maybe the Chinese have economic power over TTR too? Yikes..

    If I disappear it was not suicide or deciding to not coming back.
     
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