FSC-Why don't companies pay 100% of it to us?

[Jefferson3000]

I doubt any exec is going to attempt to answer this question without some kind of razzle dazzle and few drops of snake oil..

I will do it. It will most likely never satisfy some on here. They will always think they are being cheated, but it isn't a bad question.

Not all freight comes off the "official" tariff sheet. A large percentage of freight that your carrier gives you is spot quoted. If it is a brokered load from another freight source (LTL, Expedited or otherwise), it's generally an "all in" kind of rate. Your carrier may be paying you a fixed .10 fsc for the van run, but the billing was never broken up into:

Base rate: blah blah blah
Fuel Surcharge: Blah

 

[eggd1ver]

O. K. I'm going to put my two sense into this the JB hunt post is right but on the other hand as and o/o lease on to a company that dose not operate its on trucks is suppose to pay 100% of the fsc to the O/O of the vehicle.


RICH & IDA PARKER
PANTHER DRIVERS
O6/O8/09

 

[Dakota]

It would seem to be as simple as who pays for the fuel. If you pay for the fuel you should get the fsc. I am sure before fuel prices went up fsc wasn't a common practice, now it seems to have become a revenue stream for most trucking companies.

 

[LDB]

I've been with companies that paid 100% to the truck. The FSC for a straight truck was all over the map from way up there to barely enough to satisfy the least picky van driver in the fleet. It was only paid on the loaded miles so all your dh to pickup and any dh after delivery was all on your own dime. The carrier I'm with now pays a fixed rate based on $1.25 fuel price and national average fuel cost. They pay that on every mile you drive under dispatch. That's the dh to the shipper, the loaded miles, and the dh to your layover spot (provided you layover in one of the 2 choices they give you). Yes, it's a lower amount than many of the FSC rates paid by the last carrier but it's on every mile so it adds up pretty well.

If you are with a fixed FSC company like I am then some loads pay higher FSC than you actually get and other loads pay less FSC than you actually get. If you are with a company that pays FSC on a per load basis then yes, it should all be going to the OO.

 

[Jefferson3000]

If you are with a fixed FSC company like I am then some loads pay higher FSC than you actually get and other loads pay less FSC than you actually get. If you are with a company that pays FSC on a per load basis then yes, it should all be going to the OO.

My point exactly, except that in cases when there is not an agreed contract with tariffs, and a spot quote is made. In that case, the fixed rate fsc is still paid to the contractor.

If you are a leased contractor and are unhappy with the arrangement of the contract you are under, it will do you no good to gripe on here. I recommend going somewhere that you can be happy.

 

[Bruno]

I've been with companies that paid 100% to the truck. The FSC for a straight truck was all over the map from way up there to barely enough to satisfy the least picky van driver in the fleet. It was only paid on the loaded miles so all your dh to pickup and any dh after delivery was all on your own dime. The carrier I'm with now pays a fixed rate based on $1.25 fuel price and national average fuel cost. They pay that on every mile you drive under dispatch. That's the dh to the shipper, the loaded miles, and the dh to your layover spot (provided you layover in one of the 2 choices they give you). Yes, it's a lower amount than many of the FSC rates paid by the last carrier but it's on every mile so it adds up pretty well.

If you are with a fixed FSC company like I am then some loads pay higher FSC than you actually get and other loads pay less FSC than you actually get. If you are with a company that pays FSC on a per load basis then yes, it should all be going to the OO.

Leo, your with my old carrier and I'm with your old carrier. Across the board we are making more money at Panther then we was at our old carrier. In the 1st 6 months of this year we have already surpassed what we did the whole last year we was at our old carrier. Our drivers are happier and we are happy. Our FSC at Panther has been great and our deadhead miles are down to 10% or less.

Here is one of our trucks from June 1st till June 18th.

Financials
General Information
Truck: ***** Team: Y Active Days: 17 Avail Days: 16.3 SC Board Days 0

Revenue Information
Revenue: $13,401.10 Per Day Avail: $822.57 Per Gallon Expense: $0.60
Fuel Surcharge: $3,043.64 FSC Avg: $0.30 Total Rev w/FSC: $16,444.74

Load Information
Loaded Miles: 10238 DH Miles: 100 Paid EM Miles: 0 UnPaid EM Miles: 0
Total Miles: 11473 Unaccounted Miles: 1133 Unaccounted Miles % 10 % Refusal %: 0 %
Loads: 10 Loads Refused: 0 Avg Miles Loads Refused: 0 Missed Revenue: $0.00
Offered Paid EM: 0 Offered UnPaid EM: 5 Accepted Paid EM: 0 Accepted UnPaid EM: 0
EM Paid Amount: $0.00 Avail %: 96 %

 

[Bruno]

Just in case you was wanting the whole year for the same truck here it is.


Financials
General Information
Truck: ***** Team: Y Active Days: 167 Avail Days: 118.7 SC Board Days 3

Revenue Information
Revenue: $66,464.10 Per Day Avail: $559.89 Per Gallon Expense: $1.34
Fuel Surcharge: $13,572.66 FSC Avg: $0.28 Total Rev w/FSC: $80,036.76

Load Information
Loaded Miles: 48995 DH Miles: 1655 Paid EM Miles: 250 UnPaid EM Miles: 212
Total Miles: 60882 Unaccounted Miles: 11887 Unaccounted Miles % 19% Refusal %: 0 %
Loads: 67 Loads Refused: 0 Avg Miles Loads Refused: 0 Missed Revenue: $0.00
Offered Paid EM: 8 Offered UnPaid EM: 21 Accepted Paid EM: 2 Accepted UnPaid EM: 5
EM Paid Amount: $45.10 Avail %: 71 %

Email To: Email

 

[Moot]

If you are a leased contractor and are unhappy with the arrangement of the contract you are under, it will do you no good to gripe on here. I recommend going somewhere that you can be happy.

That's exactly the point Moot was trying to get across earlier in this thread. Unfortunately it was perceived by some as a moot point. Thanks Jeff.

We moved to Panther partly because they pay us 100% of the FSC.

How do you know you are paid 100% of the f.s.c.?

Since April 1, every load I have...oops, I mean, every load Moot has accepted has had a f.s.c. that paid for the cost of the fuel for that load and in most cases paid a few cents more. Even on less than rate loads, the f.s.c. covered the .02 to .05 difference and paid for total fuel costs.

Moot hears cries of "cherry picker, cherry picker". Moot will now make public something he is not very proud of. In fact he usually secretly laughs at drivers who make this claim and wonders to himself if these drivers are bragging or apologizing. This is hard for Moot to admit to. I have no problem being labeled a "cherry picker". But for the last 2½ months I have...um, I mean...um, Moot means he has had a 100% acceptance rate. Moot apologizes!

During that time period Moot did refuse a few "less than rate" loads and a couple of "more than 8 hours before pickup" loads. Moot is sure he is riding a wave of dumb luck, but that's just how it's been. Hang ten, dude!

 

[Jefferson3000]

That's exactly the point Moot was trying to get across earlier in this thread. Unfortunately it was perceived by some as a moot point. Thanks Jeff.

Unless of course, you're like Joey from the TV show "Friends", then it's a moo point. "It's like a cow's opinion. It doesn't matter."

 

[LDB]

Just in case you was wanting the whole year for the same truck here it is.

Load Information
Loaded Miles: 48995 DH Miles: 1655 Paid EM Miles: 250 UnPaid EM Miles: 212
Total Miles: 60882 Unaccounted Miles: 11887 Unaccounted Miles % 19%

Actually, if you take 11887 unaccounted miles which are deadhead plus the 1655 dh they actually recognize that amounts to about 27.5% deadhead on 48995 loaded miles. Panther has always been bad about not recognizing dh miles and calling them unaccounted but it's still deadhead.

 

[nightcreacher]

why has Moot become in the third person.It's very confusing

 

[Jefferson3000]

why has Moot become in the third person.It's very confusing

Speaking of that, does Carl Malone still talk in the third person?

 

[Moot]

why has Moot become in the third person.It's very confusing

Guido started it in post #11. Moot enjoys being an illeist and believes it gives his posts more credibility. Kinda like being an elitist, only spelled different.

 

[nightcreacher]

This blog is getting crazy.We are now talking FSC.Ok you guys that get 100%,are you getting it on dead head miles?Bet not.Your getting, like I get,100% but only on loaded miles,and that's 100% of what's being charged to the paying customer.Since it seems that the way FDCC pays their FSC,is in question,as LEO has stated,they pay all miles,from pick up to delivery to layover.This could be even more than 100%,if the empty miles are very high.Myself,when I was at C C,I have found that when I would get a discount load,sometimes the FSC would bring the pay back to the original pay,before the discount.FDCC fsc is based on 1.25/gallon.On every load,you can determine what the fsc will be,all you need to know are the total miles.Won't be that easy to figure your line haul pay though,because of the discounts.

 

[davekc]

At the end of the day it just depends on whether you are getting 100 percent of the FSC. Many people left carriers that went to a flat rate system and went to greener pastures and didn't return to the flat rate specials.
Was it a wise move? One can only look at the results.

 

[nightcreacher]

Dave,I'm on a regular 100% fsc program now,and at the end of the week,when I figure all my miles,the fsc pay isn't much different than when I was on the flat rate.And no I don't get fsc on empty miles

 

[davekc]

Dave,I'm on a regular 100% fsc program now,and at the end of the week,when I figure all my miles,the fsc pay isn't much different than when I was on the flat rate.And no I don't get fsc on empty miles

That may be totally true as I would have no idea. All I can look at is ones that left one for the other and did they go back?
Nothing scientific by any means.

 

[Bruno]

Actually, if you take 11887 unaccounted miles which are deadhead plus the 1655 dh they actually recognize that amounts to about 27.5% deadhead on 48995 loaded miles. Panther has always been bad about not recognizing dh miles and calling them unaccounted but it's still deadhead.

Leo

11887 of total miles of 60882 is 19.54% not 27.5% do the math again. At our old carrier the deadhead miles was 38%. That was because we had to deadhead to the Express Centers. Don't get me wrong, we made good money with our old carrier, but we have alot less stress at Panther than our old carrier. Like you have said many times on EO all carriers have warts.

 

[Steady Eddie]

I get 100% of what they tell me I'm going to get? BTW not what is billed........ it's standard..... so I'm told........ bawhahaha


oh oh- I also get 100% of what others earn......

 

[OntarioVanMan]

I get 100% of what they tell me I'm going to get? BTW not what is billed........ it's standard..... so I'm told........ bawhahaha


oh oh- I also get 100% of what others earn......

so me and you make an agreement lets say...we agree you will pay me 50% of what you make...

come payday you can tell people you pay me 100% of what is owed...

hows that for spinning a yarn???