What is going on with today's rates?

Last load I did, $2.19 per mile. Ready for the shock? it was a CHR load! Stick to your guns, let it sit if it does not pay enough. If they call back or negotiate a higher rate then good, if not, or if somebody else takes it, thats ok too, you didnt need it. There is no need wearing out your equipment hauling for nothing. Better off to sit. Let somebody else go broke hauling for cheap.

 

AMEN!!!That's exactly what you do!!

 

You must have called the wrong number.

 

I have always been number cruncher to some degree, mother was an accountant, but I'm certainly not. I just shut it down for Christmas and catch up on some of the small maintenance issues.

Last night I was looking at my yearly average, pretty easy to figure, dollars in to miles driven came out $1.87 and I think that is too low. I run all 48 and can move any direction so I will sit and wait rather than take a load that is just wearing my truck out, wearing me out and not giving me a darn thing for it.

Now with that said, looking at my Quick books software it appears that after all my expenses and paying myself a minimum wage I made fifty bucks, isn't that great.

These folks out there that are pulling the cheap loads have no idea what they are doing to themselves, they are not only working for free, they are losing money. When I figure in fuel, maintenance, insurance, depreciation, Taxes, and oh yes minimum wage for me, I need a minimum of $1.55 a mile. Well personally I don't like working for minimum wage. The cheapest load I hauled this year was $1.65 and I shouldn't have taken it.

I also figure all my expenses away from home, meals, laundry, motels at times. These are all part of the equation that some guys just don't look at. Example I can eat a lot cheaper and better at home than I can on the road.

 

what you pulling? flat,reefer?

 

I pull a refer out of California, mostly produce going east and frozen coming back.

 

I do a weekly search on Schneider's load board that I'm leased to just to see where the high dollar loads are moving...being bored I decided to check the lowest rate they had posted. It was $0.04 a mile and no that isn't a typo. The load was coming out of Wisconsin weighing 44000 lbs and finaled in Mexico. The load paid a whole $90 to the truck. What more can I say?

 

So what time did you load that?

Yea but your forgetting the load of drugs the they brought up from Mexico (the guy that takes that one) paid $20k. Taking a load back just helps you look legit!

 

I can't believe we don't have or share a consensus rate. I believe in Capitalism too, but slave wages and rates, chaps my hide!! $0.04 a mile!!! What in he11 is going on in Wisconsin.

 

Hey, if it's not a misprint or an LTL you can't blame the company for trying. If you needed something shipped wouldn't you shoot for the lowest possible rate? It's not any different than trying to get the best deal on a car or a TV. The only true moron is the person or company that takes it.

And no we don't need a standard minimum rate. It's only a slave rate if your forced to take it.