Uhaul Rate Comparison

EASYTRADER

Expert Expediter
39.95 24' foot truck
19.95 Daily rate for Ins.
0.69 Cents Per Mile
?? Employee to operate truck safely

59.90 is UR base rate with no miles or fuel.

Lets assume a 150 mile round trip.

103.50 150 * 0.69
40.50 Fuel at .27 CPM
59.90 Uhaul Truck Rate

203.90 is the total for this trip if you drive the load yourself.
110.00 is the daily cost for one unskilled employee.

313.90 is the uhaul bid for this trip.

Why is FECC bidding these loads with 172.59 going to the truck WTF!!!

Should I switch to PantherII or Landstar. Or is everyone smoking RATE CRACK these days
 

layoutshooter

Veteran Expediter
Retired Expediter
What would the round trip cost be for a run from L.A. to Kansas City, non-stop, straight through? Not taking into account that there is no D.O.T. legal sleeper. Layoutshooter
 

layoutshooter

Veteran Expediter
Retired Expediter
Besides, I would more than likely get more than that $172 for that run any way. In fact, I most likely would not run it for that little. Layoutshooter
 

EASYTRADER

Expert Expediter
LA to Kansas is 1616 miles ONE WAY Non-stop Ur looking at about 35 hrs. You would need 2 people to do this trip. Four days of labor at 8 hrs a day.


119.80 Daily rate *2
436.32 Fuel
1115.04 Mileage rate
440.00 Four days of Labor

2111.16 One-WAY
4222.32 Round trip.

FECC would prolly sell this for 1486.00 to truck ONE WAY
 

ATeam

Senior Member
Retired Expediter
This is interesting. To complete the analysis, you should specify the freight weight and dimensions. Then go to web sites where carriers allow customers to enter the information and get a price. Let us know what you find out.
 

layoutshooter

Veteran Expediter
Retired Expediter
I would not run it for that rate, not even close. I have only ever run one load for less than $1 per mile. I only took it because it was "backed up" on the other end with a load that paid WAY better and was over 1000 loaded miles. Made for a pretty good week. Layoutshooter
 

davekc

Senior Moderator
Staff member
Fleet Owner
This is interesting. To complete the analysis, you should specify the freight weight and dimensions. Then go to web sites where carriers allow customers to enter the information and get a price. Let us know what you find out.

Whats to analysis? I wouldn't move it for under a dollar either regardless of what the weight or anything else is.
Remember..........he is talking a 24 footer.
One might be in trouble with that type of thinking.:eek:
They will send that out at the 172.59 to see what fool will take it. Sending it to multiple trucks isn't done for speed. If there are no takers, then it winds up for bid for around 400-500. If there are still no takers, then they will negotiate to get it covered.
They are always going to limit negotiating because it will set a trend and defeat the whole purpose of a system that relies on covering freight at the cheapest price with driver competition.
 
Last edited:

pjjjjj

Veteran Expediter
LA to Kansas is 1616 miles ONE WAY Non-stop Ur looking at about 35 hrs. You would need 2 people to do this trip. Four days of labor at 8 hrs a day.


119.80 Daily rate *2
436.32 Fuel
1115.04 Mileage rate
440.00 Four days of Labor

2111.16 One-WAY
4222.32 Round trip.

FECC would prolly sell this for 1486.00 to truck ONE WAY

I'm confused.
We're not with the Fed, but how do you figure they would only offer this run for $1486 to a 24' truck? Your expenses are based on a 24' truck as stated above. $1486 for 1616 miles works out to almost 92 cents per loaded mile. Isn't FECC's rate for cargo vans at 85cpm? So even if a CV took this load with only a 7 cent fsc, wouldn't it be more appropriate to do the pricing comparison on a cargo van rental? Or are you saying they are also offering 24 footers only 92 cents per loaded mile?
 

Crazynuff

Veteran Expediter
Bingo ,
and the more desperate truckers out there - the better .



Moose.

The desperate will soon be invading the expedite sector . They are all over other trucking forums . They lose jobs in other careers and go to CDL school planning on a trucking career . Some will take any job at any pay . One forum member put it right . They figure a truck sleeper is more comfortable than a cardboard box . If they have a comfortable bed and make enough for food , that's good enough . Schneider National has already decreased starting pay for new drivers .
 

nightcreacher

Veteran Expediter
Couple weeks ago,I was offered a load for 95 cpm,that was without dh or fsc,it was 40000 lb tractor load,of course I turned it down,but some guy took it while I was trying to find out why load was offered so cheap.
I did get the reason,I understand the reason,but I dont like it.
 

EASYTRADER

Expert Expediter
The last 60 days has been a real disaster for me. The load offers have been so low I actually dread the qualcom beep. My point with the uhaul comparison
is really me thinking out load wondering why any company would be bidding frieght so low.

I did get a a offer that was 1.85 a loaded mile. it was a 150 loaded miles run with 70 miles dh to p/u
which landed me in the middle of nowhere where I estimated it be at least 100 miles DH after word. Well needless to say I turned it down.

Dispatch was ****ed, sent it again
saying It pays 1.85 a mile. I didn't even respond to the second dispatch offer.

I don't know what's going on at
FECC. Its almost like they have no clue. I have been thinking that for a while now. But after the conference call I am convinced.

Somebody asked if they knew the average operating cost for trucks in their fleet. FECC answered no!

How could they not know that. Anyone with general bussiness experience could figure that out.
Sure u might be +/-5 cents. per owner, but how could u not have an idea of your fleets average. Its ireresponsible. I knew what my average cpm would be with out any experience in expedite. I gussed a little high but I was in the ball park. Now my dead nuts cost is
.75 per mile, all miles, whether there is frieght in the truck or not. that assumes by the way 120k miles a year. Which I know I won't get this year. It also assumes I don't pay mself or eat.
I haven't refigured for lower miles but I expect to be around 70k miles as a solo with the cracked economy. Which means my CPM will most liky go up.

At this point, Im looking at being able to run loads at .85
for all miles loaded and DH.
With a $300 min move.

When you consider last years number that is a forty percent drop per mile adjusted for fuel.

The idea that FECC raised rates is bullcrap. They may have published higher rates a few months ago, but that was just a marketting gimmick so they can show deeper discounts to their off rate card customers.

Anyway, this was my thinking which led me to sending the wife home to try and find outside work. At my current load offer average it doesn't look like i'll be able to do much more than make my truck payment if that.

Granted Im a surface fleet D unit. So FECC has basically forgot about us. The only positive news that was on the call was for WG trucks.


Does FECC really expect me to live without STARBUCKS lattes.
 

EASYTRADER

Expert Expediter
I did get a call on friday from someone in the BACKHAUL dept.
Who had a load going from Greenville to Ithaca Il It paid exactly 1.00 per loaded mile, I told them I would accept the load. I went into Pilot to get a cup of coffee, and when I got back to the truck the load had cancelled.

I thought this was a positive sign , in that FECC did have somebody trying to book some frieght even though the load cancelled.
 
Top