Rates

kamilm

Seasoned Expediter
Thanks for bring me back to reality. My experience in the trucking business is small. I incorporated my business last July with cargo insurance at $100K and liability at a million. I have authority and have my DOT and MC number. I have a contract with a company that includes a route plus extra pickups and runs. The thing is I want something for myself and family. I have extra time and have done hotshot work before. The situation I'm in includes LTL airfreight and ground freight with delivery within the state of North Carolina. For my rate sheet, I have thought about making zones like area A, area B, area C, and so on with a different range of mileage. Then I would start with a weight like 100lbs, 1000lbs, 2000lbs, and so on.
Example:
Area 100 1000 ....
A ? ?
B ? ?
C ? ?

My question is do I use the DIM factor or do I just pick a number? Do I consider density? Maybe this give more details to what I am trying to do. Any input would be welcome. By the way, I drive a 24 foot straight truck.
 

x06col

Veteran Expediter
Charter Member
Retired Expediter
US Army
Kamlim, most of the folks that participate here don't/havn't figgured rates. They wait for the infamous electronic beep, or, a phone call. Of the most, the vast majority of the most, have either had direct conversations, or overheard a veteran say, "I absolutely won't run for less than $XXXX. Sooo, that is their floor.

Getting a formula for rates might not be possible here.
 
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