60/40 revisited?
- Thread starter Vinnie T
- Start date
You math is good there Vinnie. But ya gotta understand, it's that roast goose thing again. I have a driver doing the 30% thing. Truck does 3-5 K a week consistently, and, he does 9-1500C consistently. Thats pretty decent money in my book. But, he does it the old fashoned way...--- he earns it. Many will exclaim that 30% is starvation wages. They just have not figgured out how to figgure 30% of what just yet.
I personnaly hope that the fleet owners wise up and go to 30%. They will then loose their slackers, have to sell their trucks, and, hopefully, end their misery once and for all.
I personnaly hope that the fleet owners wise up and go to 30%. They will then loose their slackers, have to sell their trucks, and, hopefully, end their misery once and for all.
I don't have a problem with the fsc from most customers. A few are on contracts that make the fsc a joke but for the most part the fsc is plenty good enough to keep fuel around the $1.25 a gallon level. I'm on the 40% side myself and my teams make more money at 60% paying fuel than if they were on 40%. The problem is freight rates and multiple brokers dipping in before drivers get paid.
Now, if folks are running 70mph every chance they get they're not going to see the same results but at 60-62mph and with the decent fsc I make more money the higher fuel prices go.
Now, if folks are running 70mph every chance they get they're not going to see the same results but at 60-62mph and with the decent fsc I make more money the higher fuel prices go.
Col.
Mine as well ask your question. 30 percent of what? And what do they or don't they pay for? And..........what are they driving.
Could be some deal breakers in there for a lot of folks.
900 to 1500 may or may not be good. Depends on what you are doing against that number.
Mine as well ask your question. 30 percent of what? And what do they or don't they pay for? And..........what are they driving.
Could be some deal breakers in there for a lot of folks.
900 to 1500 may or may not be good. Depends on what you are doing against that number.
Tennesseahawk
Veteran Expediter
What does it matter, Dave? As long as the driver is making 900-1500, it doesn't matter if he runs 3000 miles or 12,000 miles. He's making good money! And he should be happy he has a job at all! When I was in the Marines, we figured out pay for a PFC (Private First Class). Since we were a Marine 24 hours a day, we figured we made about .25 an hour. But we were gung-ho about being Leathernecks! Drivers today should be more like that! We should take some lessons from the wetbacks who'll come in and pick John McCain's lettuce for $50/hr! Dammit! Do yourselves and your country a service and make your owners rich!
Only an April Fool would buy that garbage.
Only an April Fool would buy that garbage.
buckeyewildman
Seasoned Expediter
hey t-hawk damn i like your attidtude
30% of the gross....Hmmmm
Or maybe 40% of the net after FSC, all FSC going to the owner?
The key is $900-1500 to the driver on the 30% program is good money in this economy, in this industry by anybodies standards. Sure some drivers still would want the 40% but good luck to the owner keeping the the truck on the road. I'm finding after you pay or fuel and the driver even at 35% sometimes there is barley enough there to cover the truck payment. Heaven forbid you get a flat tire or need a repair..the whole week is shot!
We all have to work together! The carriers need to bend too here, or they soon will have no owner ops to run the freight...maybe that should have been the protest! Afterall the big carriers are still hitting thier profit margins, the o/ops feel the brunt of the fuel prices which hit the fleet owners and drivers, not the big carriers! But yet they nickel and dime this FSC...I don't get it!
I think the fleet owners need to revisit the pay structures, the drivers that drive for fleet owners need to understand too that 40% of the gross right now is highly unlikely! We are being much more picky too taking loads, if they want them moved I am not doing it for free anymore to help anyone out! The poeple that own these trucks need all the help they can get! If the FSC is not enough I ask for more or let somebody else screw themselves and lose the money! Tolls and empty miles depending on the carrier you run for most times comes out our pockets, compound that with the fuel prices..less freight..weak FSC's..tough time for expeditors!
Or maybe 40% of the net after FSC, all FSC going to the owner?
The key is $900-1500 to the driver on the 30% program is good money in this economy, in this industry by anybodies standards. Sure some drivers still would want the 40% but good luck to the owner keeping the the truck on the road. I'm finding after you pay or fuel and the driver even at 35% sometimes there is barley enough there to cover the truck payment. Heaven forbid you get a flat tire or need a repair..the whole week is shot!
We all have to work together! The carriers need to bend too here, or they soon will have no owner ops to run the freight...maybe that should have been the protest! Afterall the big carriers are still hitting thier profit margins, the o/ops feel the brunt of the fuel prices which hit the fleet owners and drivers, not the big carriers! But yet they nickel and dime this FSC...I don't get it!
I think the fleet owners need to revisit the pay structures, the drivers that drive for fleet owners need to understand too that 40% of the gross right now is highly unlikely! We are being much more picky too taking loads, if they want them moved I am not doing it for free anymore to help anyone out! The poeple that own these trucks need all the help they can get! If the FSC is not enough I ask for more or let somebody else screw themselves and lose the money! Tolls and empty miles depending on the carrier you run for most times comes out our pockets, compound that with the fuel prices..less freight..weak FSC's..tough time for expeditors!
nightcreacher
Veteran Expediter
if he gets 30% who cares what the fsc is as long as he doesnt pay for the fuel.if your not getting enough fsc and you worry about the 4.00 per gallon,better take that up with your company.If fuel were back to a buck a gallon amd there was no fsc,would you then be making anymore?
Who cares?? I wish I could keep paying 40%, but in order to keep the truck on the road we have to work together and everyone takes the hit!
greg334
Veteran Expediter
I am trying to figure this out, inflation rate? do you mean the fuel price that changes; daily, weekly, monthly or quarterly?
I find there is a need to figure out company FSC's weekly, I assume a few don't. I know mine does and I seem to be happy with it.
Inflation rate: Fuel proces have raised a buck or so a gallon within the last year. No company has offered a FSC to compensate (to my knowledge) that's about .18 -.20 more per mile FSC over last years FSC rates ( E unit figured at 6 MPG). I have not heard of a carrier doing this across the board to the O/ops. Has anyone else? So we have to eat those costs.
greg334
Veteran Expediter
Fedex and Landstar both has adjusted the FSC rates going to the O/O. I know that they base it on the size of the truck and the mileage which I think it should be the same for all, is that what you are saying - equal application for the FSC program?
Let me clarify that just a bit,
What I think you are saying is that there is no company that is giving a flat FSC regardless what the truck is? Right? So to put that with numbers, if they base the FSC on a 5MPG with the price of fuel around the corner of $4.25 a gallon, you expect them to give you 60 per mile to cover fuel even if you drive a van?
No, that's not not what I am saying. Truck size has nothing to do with it.
In talking to Landstar they still have loads that offer NO FSC, some loads offer little. It depends on the customer how much the FSC is. There isn't a clear and consistant rate for the loads. Also some FSC's have creaped up and I know the carriers are trying to get more FSC for these loads, but I do not think most of the FSC offered equals out or covers the higher cost of fuel compared to this time last year. The cost comes out of our pockets! FSC's in most cases are not compensating. Some loads yes...most loads I would say No, overall the FSC still is not high enough to equal the extra fuel costs. The carriers are still making the same margins, the o/ops are not!
jaminjim
Veteran Expediter
So how much is your average FSC? I know PII has some low FSC's but you can ask for a bonus on those runs. I think the larger problem is the deadhead cost of fuel for most. Not long ago you could just drive 250 miles to a less crowded board, now it becomes very costly to do that.
We mostly see the fsc at an adequate level. There are a few companies holding blackmail photos or something that can't be required to pay a reasonable fsc. Those loads get bonused or rejected. Fuel prices aren't the problem. Low freight rates and no longevity rewards are the problem. I'd like to see all the company employees switched to the same salary as 5 years ago and see how many stay with the company.
nightcreacher
Veteran Expediter
I cant say what other companies are doing,but im getting as a tractor,.458 cpm thats all dispatched miles,loaded and empty.Its based 6 mpg and fuel cost of 1.20 per gallon.and thats whether customer pays or night
There ya go! That's the kind of numbers you need to make it out there!
Also there are so many things going on agaisnt out industry right now. NAFTA, the depreciation of the American dollar, the Mexicans running our loads, rising costs, shrinking DNP and manufacturing.
Nightcreacher, I assume you must be very picky with what you accept to keep you numbers up there like that?
There you go. Just figgure what your costs are and what you have to have to make your 30-40-50 or 60% you need, or, stay on the porch. Don't go get in the mix of things, then whine about whatever you think you are short. Jes stay on the porch till it's humdulah.