Oil Speculation effects Truckers, Pilots
- Thread starter pearlpro
- Start date
chefdennis
Veteran Expediter
Hmmm the "speculators" are not breaking any laws..the commission inposes new rules that they are following, but they are still the bad guys..so the commission(Fed Gov) feels the need to make them look worse and impose further rules to limit their income..
Hey i guess as long as it benefits someone at the expense of someone else, its ok for the Fed Gov to impose sancations on those that aren't doing anything illegal....
Maybe the Fed Gov should limit how much everyone makes....
Hey i guess as long as it benefits someone at the expense of someone else, its ok for the Fed Gov to impose sancations on those that aren't doing anything illegal....
Maybe the Fed Gov should limit how much everyone makes....
Crude oil prices are down 30 percent off their March, 2012 highs.
If you are going to blame speculators for driving oil prices higher, are you not also required to credit speculators for driving oil prices lower?
Using our carrier's fuel discount program, Diane and I paid $3.19 a gallon for diesel fuel today.
If you are going to blame speculators for driving oil prices higher, are you not also required to credit speculators for driving oil prices lower?
Using our carrier's fuel discount program, Diane and I paid $3.19 a gallon for diesel fuel today.
What did you pay for tires today with your carrier's tire discount program?
We did not buy tires today. Last time we did, we got them at the Landstar fleet rate through LCAAP. The price was comparable to what we used to get through FedEx Custom Critical's tire discount program. That's a rough comparison formed by talking to a FDCC contractor who bought tires about the same time we did.
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Moose,
You would be surprised at how many truckers don't get the fuel surcharge that the shippers pay. Some of this fuel money ends up in some broker's poket. I am against government intrusion in anything, but I think I wouldn't mind if they passed a law requiring all the fuel surcharge to go to the people that buy fuel.
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Slo-Ride
Veteran Expediter
Really..I guess I could beleive that for a guy finding his own freight and setting his own rates.
I seem to dole out alot of money for fuel each week..Regardless of how much you get for FSC on payday, does it (FSC) not get counted as revenue and there for still cost at years end?
Im not for any more laws or Gov telling the private sector what to do,,But at this point I starting to lean towards something to control the price of oil, electricty, etc etc..Im seeing everything done in this country to go green and conserve has done nothing but cost me more..Some how some why it needs to fixed..The public propely has cut back on consumption as much as possible (or close) and nothing has been fixed.
Comparing Moose to most of us. is like comparing grapes to watermelons...LOL
FSC is NOT, was NOT designed to pay 100% of your fuel....and any uncompensated/DH miles is where you take the direct hit....in the wallet.
FSC is NOT, was NOT designed to pay 100% of your fuel....and any uncompensated/DH miles is where you take the direct hit....in the wallet.
Those truckers need to stop doing that. I have a hard time believing that anyone has no choice but to do that. Currently, my FSC very nearly pays for my fuel. I'm better off than if fuel was 1.25 and there was no FSC, and I believe that I'm in the majority.
Slo-Ride
Veteran Expediter
Good thing we like all 3 of those..LOL
Your correct..Yesterday I took on just 50 gallon thinking it will cover the next 500 loaded milles with what I allready had in the tank.,,I figure in the end the 50 gallons cost me somewhere around 88-90 dollars (before taxes). Dispatch was on the ball and found them for me..70 miles later to p-up load cancels,
Now idling in the 90 degree weather burning it up waiting for them to possible work thru this screw up..Shoots any chance of profit down unless they salvage the load and get me some nice wait time out of it..
(Please bear in mind my last year of math was ninth grade and not my fav subject so my figures could be off a bit)
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chefdennis
Veteran Expediter
Well...I use a company issued gas card...i get 100% of the FSC..at the end of the week, the company takes what i used on the card from my settlement, without charging me any interest at all...in most cases, not all but most, i can make money on the FSC...what is not paid for is when i decide to move on my own or drive 2-300 miles to go to dinner...but ither then that, as OVM said, the FSC was meant to be a "offse"..not re-imbursement..it takes a good carrier (that honestly pays 100% of the FSC to the O/o) and smart driving and with those in place, you can do well with the normal FSC....
Slo-Ride
Veteran Expediter
Dont get me wrong Im not complaining about my FSC even tho it maybe no where near what some of you guys get..Its a big help and could possibly be one of the lowest FSC in the industry??? Im glad its in place, If the truck stays loaded its a bit help. I really dont follow what other carriers pay,,I look at my gauge then determine if I can do the load or not.
The 88 or 90 dollars I stated was before the Pilot discount,Which I wont know untill settlements come in..
"thinking" is over rated....LOL....and apparently optional in some cases.....hahaha