Would you accept this offer?

Discussion in 'Ask An Owner Operator' started by 24lizard, Nov 25, 2018.

  1. 24lizard

    24lizard Bobtail Member

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    100% fuel surcharges
    $20 per stop
    $75 layover
    $1.06cpm
    2200-3000 per week
    Elogs tags and everything else paid for.
    Is this reasonable and profitable?
     
    blairandgretchen Thanks this.
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  3. Wargames

    Wargames Captain Crusty

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    the thing is, will that be consistent . or will they be sitting for a week, at $75 a day.
     
  4. gokiddogo

    gokiddogo Road Train Member

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  5. gentleroger

    gentleroger Road Train Member

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    No, I would not.

    Back of the envelope math is it costs at least 90 cpm to run the truck. With the fuel surcharge you would be grossing 1.5 to 1.6, leaving a "net" of 65 cpm. Out of that you have self employment taxes and health insurance. Then don't forget capital reinvestment . So basically you are making company driver money with o/o headaches.
     
  6. 24lizard

    24lizard Bobtail Member

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    Do you know any company that would allow me to use their authority or any owner op willing to land a trl out?

    I was thinking about going with landstar but i need to get my hazmat endorsement and give them 25% of my profit i want to give that money to somebody whose wilking to help me get on the right track to success and let me negotiate my own loads on dat and so on.
     
  7. Ridgeline

    Ridgeline Road Train Member

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    Get your hazmat endorsement, it is super simple to get.

    However I am taking issue with this idea that LS takes 25% out of your profits, it isn't your profits they take the money out, it is their money and you get the a percentage of what they collect.
     
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  8. gokiddogo

    gokiddogo Road Train Member

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    Before you do any of that you need to know your operating cost and draw up a business plan. In the beginning, even the most rudimentary business plan will do. You can refine it as you progress. If you will be negotiating rates for yourself, you need to know what lanes pay what rates. One way to learn this is to sign on with a company that negotiates for you in exchange for a %.
    You also need good money management skills.

    I thought landstarve was 65% with their trailer and 72(?) If you have your own wagon. Pretty steep.
     
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  9. 24lizard

    24lizard Bobtail Member

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    My business strategies is to get a few college interns to run as freight brokers to ultimately cut down middle men for the past 3 years i been the slave of slaves everyone ate a big fat pie off my checks.

    Im trying to escape the plantation Im not even black just so you know thats how bad things are.

    I'm trying to get my own authority and trl and my ultimate goal was to invest into futures commodities to supply shippers with resourced based investment i day trade on the side to make extra money as I'm trying to leave this #### plantation
     
  10. Ruthless

    Ruthless Road Train Member

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    Just to be clear: “Landstar would take 25% of (your) profit” (** which is actually NOT 25% of profit, it’s 25% of gross revenue) but meanwhile you considered running for the numbers in your first post, where the carrier takes 100% of the actual “profit” and pays a fixed mileage rate that’s very similar to actual operational costs on a scenario such as provided vs the 25% of gross that landstar takes?
    Just want to verify I read that correctly.
     
  11. Sharky88

    Sharky88 Heavy Load Member

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    Cart before the horse again
     
    Lepton1 and Socal Xpress Thank this.
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