miles
- Thread starter pinnacle1
- Start date
In the last 12 months, 78% of our total miles were loaded miles. Which, without further explaination and comparison to other expediters, is a meaningless statistic.
When you ask about loaded miles, what is it exactly that you want to know? By asking the question, what are you trying to get at?
When you ask about loaded miles, what is it exactly that you want to know? By asking the question, what are you trying to get at?
arkjarhead
Veteran Expediter
I think what he is getting at is about many of those say 250k miles were actually paid miles how many were deadhead.
exactly. Seeing these trucks that are one year old and have more than 250k miles on them got me wondering, is it possilble to run this many miles per year and still have some sort of profit at the end of the year. The last poster stating that his truck was loaded for 78 percent of the time is quite decent for me, yet I know nothing of the profession as of now, but if the same truck maintained 78 percent loaded,the the truck was making a money for 195k, which in my virgin eyes, looks fairly decent. But, hey, what do i Know
It depends on how you view deadhead miles. Are they really unpaid? If you deadhead say 500 miles to go home, yes, the miles are unpaid. But if you deadhead 500 miles to pick up freight that you will haul 2,500, some expediters would consider that a 3,000 mile run.
Diane and I could care less how many deadhead miles are in a run. Just the other day, we deadheaded from one end of Texas to the other to pick up freight going to Spokane, Washington. That was roughly 700 miles deadhead for a 2,100 mile run. We added up the total miles (2,800) and divided that into the total pay for the run. Determining that the pay was good enough, we accepted the offer.
As we see it, the run had zero deadhead as we got paid for 2,800 miles. Now the chart and our settlement sheet says 2,100 loaded miles. We see it different because if the all miles pay was too low, we would have declined the load.
Using that approach, we have completed numerous loads where deadhead miles EXCEEDED loaded miles. But the loaded miles paid well enough to make the run profitable.
This approach may make little sense with carriers that pay a fixed rate per mile. Our carrier pays a percentage of the load. For us, it's not about the deadhead. It's about the pay for all miles the run involves.
Diane and I could care less how many deadhead miles are in a run. Just the other day, we deadheaded from one end of Texas to the other to pick up freight going to Spokane, Washington. That was roughly 700 miles deadhead for a 2,100 mile run. We added up the total miles (2,800) and divided that into the total pay for the run. Determining that the pay was good enough, we accepted the offer.
As we see it, the run had zero deadhead as we got paid for 2,800 miles. Now the chart and our settlement sheet says 2,100 loaded miles. We see it different because if the all miles pay was too low, we would have declined the load.
Using that approach, we have completed numerous loads where deadhead miles EXCEEDED loaded miles. But the loaded miles paid well enough to make the run profitable.
This approach may make little sense with carriers that pay a fixed rate per mile. Our carrier pays a percentage of the load. For us, it's not about the deadhead. It's about the pay for all miles the run involves.
In a situation where every run pays independently, such as FX and others, one can more easily consider all miles as part of the job. If there are 399 d/h miles for 1 paid mile and the total pay is $800 then I don't care that's it's 399 d/h for 1 paid any more than I'd care if it was 1 mile d/h for 399 paid. The bottom line is still $800 for the run.
In a case where loaded miles are paid at a set rate, the amount of d/h miles is more important to the overall run profitability, especially when the first 100 miles of d/h are unpaid. I believe that's part of the impetus for the question.
I suspect the other part of the inquiry relates to the labeling of the trucks as 1 year old with 250k. That is very high miles even for a team. My guess is those are trucks that were first of the batch and therefore are 2 years old for all practical purposes even though by model year they are only 1 year old.
Leo Bricker, 73's K5LDB
OOIDA Life Member 677319, JOIN NOW
Owner, Panther trucks 5508, 5509, 5641
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In a case where loaded miles are paid at a set rate, the amount of d/h miles is more important to the overall run profitability, especially when the first 100 miles of d/h are unpaid. I believe that's part of the impetus for the question.
I suspect the other part of the inquiry relates to the labeling of the trucks as 1 year old with 250k. That is very high miles even for a team. My guess is those are trucks that were first of the batch and therefore are 2 years old for all practical purposes even though by model year they are only 1 year old.
Leo Bricker, 73's K5LDB
OOIDA Life Member 677319, JOIN NOW
Owner, Panther trucks 5508, 5509, 5641
EO Forum Moderator
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Support the entire Constitution, not just the parts you like.
are12
Expert Expediter
<<<I suspect the other part of the inquiry relates to the labeling of the trucks as 1 year old with 250k. That is very high miles even for a team. My guess is those are trucks that were first of the batch and therefore are 2 years old for all practical purposes even though by model year they are only 1 year old.>>>
I have to agree with Leo on this statement. Our truck is a 2006 and we have over 330,000 miles on it. We all know, we did not do that in a years time.:+ :+
I have to agree with Leo on this statement. Our truck is a 2006 and we have over 330,000 miles on it. We all know, we did not do that in a years time.:+ :+