1.20 /mile expedite freight

[EASYTRADER]

I just checked on Feds extra-net and according to them this year my average rate is 1.21 per mile. Which is probably correct because I turn down more than half of the loads that were offered.

I guess I should be clear that the low rates are what is offered and not what I run at, except for a few months last year.

again this is a D unit surface

 

[davekc]

I just checked on Feds extra-net and according to them this year my average rate is 1.21 per mile. Which is probably correct because I turn down more than half of the loads that were offered.

I guess I should be clear that the low rates are what is offered and not what I run at, except for a few months last year.

again this is a D unit surface

Are you counting your FSC in that rate or is it above that?

 

[EASYTRADER]

that is total per mile rate.

Personally I don't break out accessorials, or FSC or tolls. I always figure the flat rate. If I,m offered 1.50 load would I turn it down because it had 0 FSC?
No.

It has always seemed to me the bottom line is what counts.

 

[EASYTRADER]

The trouble with the Fed, is there ridiculous load offer system, which makes it appear that they have all this low rate junk. Whick they have a lot of, but when they send the same crap load out to 3 trucks at once, it magnifies the appearance of crap.


Then when a good load finally comes out, it goes to 3 trucks also. so when you accept it and get ganked its frustrating.

It may be a load paying 1.50 per mile to a local truck will only pay 1.20 to a truck deadheading in. Since 3 trucks see the load there is bound to be 3 different per mile rates. We are on a gross split after all.

So the driver has to know, when to hold em, when to fold em.

Which is why I haven't jumped to another carrier, I understand I half to be choosey with the feds dispatch system.

 

[davekc]

that is total per mile rate.

Personally I don't break out accessorials, or FSC or tolls. I always figure the flat rate. If I,m offered 1.50 load would I turn it down because it had 0 FSC?
No.

It has always seemed to me the bottom line is what counts.

I think we have become quite spoiled. The 1.50 we would consider depending on where we are at, but the 1.20 for everything wouldn't even be looked at unless it is going on with another shipment.

With that type of dispatch system I can see how one would get frustrated as your greatest competition is from within. Many of those competitors likely will run for anything if they don't know their real operating costs. I remember when that system came out in that a few thought is was the greatest thing since sliced bread. It looks like it played out exactly as many predicted.

 

[EASYTRADER]

well I real confused now. When I talked to Panther, their rate was 1.20 per mile, this was mid last year. I was actually gonna jump, but I didn't see that I would actually improve, but just change the sticker on my truck.

Now I see the panther folks talking , the big money im very puzzled. Why would panther advertise 1.20 and then pay 1.50 ?

 

[davekc]

They are paying 1.20 plus the FSC if it is a new person coming on. Others are running at a higher rate if they have been there.

 

[moose]

I think we have become quite spoiled. The 1.50 we would consider depending on where we are at, but the 1.20 for everything wouldn't even be looked at unless it is going on with another shipment.

for the simple rezone that the Extra money needed to be paid for by the large carrier ,as Contractors leased on to the large carrier are require to provide the service that so many of us don't .
that service believe it or not is sitting and DHding .
looking at the big picture of Expedite ,
the large carrier will put more money in one pocket ,only to take it from the other pocket ,and gain service in return .
and that's why they need to make profit center out of just about everything .
i wouldn't call it spoiled ... maybe wise !.

 

[davekc]

In some respects you are right. Mainly the qual-com comes to mind. Insurance on the trucks is done outside of Panther. As far as deadheading or sitting, that is up to the individual. We DH very little so that isn't much of an issue.
I would say that most Panther trucks are just below the 1.50 or slightly above as a average with the FSC. If they broker loads, reefer, or DOD loads, then they are closer to two bucks.
There are some trucks that are I believe 1.10 plus FSC but they are on a all miles contract.

 

[greg334]

So let's see.

If you get FSC that is set from the company with a base pay of $1.20 a mile, isn't that something like 22 cents?

If so, then at $1.42 a mile, it doesn't seem all that bad.

The biggest expense is fuel, so at adjusted rate to $1.25, that's about 14 cents a mile for fuel. If you have an overall bep of say 70 cents a mile, 22 cents of that the company covers, that's 48 cents of an operating cost with a profit of 72 cents.

Did that make any sense?

 

[davekc]

Makes sense to me. Our FSC has been in the 30 range. Some alittle higher and some lower. The lowest seems to be goverment loads at 22, but the rate is 1.55 with some reefers getting 1.75 plus that .22 cents.