jaminjim
Veteran Expediter
I think you may want to double check your math.
when should you refuse a load?
- Thread starter rucan
- Start date
rucan...send me a pm with some information on your situation. As a Canadian doing this the rules are different and how you haul into the US can really affect your profits, an awful lot of what you read on here just doesn't apply to the world you have to live in.
greg334
Veteran Expediter
OK let's see ... 990 miles as a solo? It's doable.
So I get a call in the middle of the night from an agent with a load "I got a great one for you, it is picking up at Northrup in Omaha Nebraska going to Jackson Hole Wyoming. It is a hot load, it needs to be there asap, the customer has someone without their special HD satellite on their motor home and they have to have the parts yesterday. It's 990 miles, you are right there at the pick up and it pays $1.10."
$1.10 a mile - gives me $1089 - great lots of money!!
So I get 10 mpg average - light load? - that works out to 99 gallons which with the average price for a gallon on EO at this moment at $2.83, that is 280.17 for the trip.
So far out of the $1089, 808.83 left. Right?
I don't know where you get $90 from, or DH of 400 miles., leaving me with $770
but ...
If you know what the cost of your truck is per mile, say it is high, like mine is right now at 73 cents a mile, it will cost me for that 990 mile run $722.70 which leaves me with $366.30 - right?
The 73 cents includes everything to run that truck - from PM fund to fuel and is exclusive of any FSC.
So at 47 mph (*a standard number you need to learn), the 990 mile run will take me 21 hours, taking the fudge amount of say 90 minutes, that is about 2.5 days.
So I have $366.30 in my pocket right now, so I need to eat, which means that I will spend at least $5 a meal to make it easy, for those 2.5 days. That works out to about $40, I had left over big mac you polished off.
Now I have $326.30.
Now my total is at this moment $326.30 for 2.5 days worth of work, or $130.52 while I was under load for each day. Great better than Micky d's
But WAIT there's more ...
Say I delivered in Jackson Hole Wyoming, to a Prevost Motor Home at the star bucks on the main drag and have to DH out of there to say Salt Lake City.
Sounds great, right? I get say 25 cents per mile for DH all inclusive, it is that "approved" DH - wow more money!
But not really ...
At 73 cents a mile, I'm losing 48 cents a mile and because SLC is 315 miles, it actually costs me $151.20 to move that truck - remember this is my COST.
At this point that 990 mile $1.10 per mile $1089 run has netted me ... well let's see ...
With $326.30, I have the DH cost of $151.20 which gives me $171.10 for the three and a half days of work - remember now I am DH on the clock - or $50 a day ... OH! crap I forgot I need to buy another $15 worth of food so that $50 turns into something like $37.50 a day and now I have to pay taxes on that money.
Boy my head is spinning from those numbers but I made $1089.
The truth is I would have expected $1.65 for this run, excluding FSC. Anything under $1.45 there is a loss for me. I don't get paid DH and it seems that many couldn't make it without some compensation, so I would actually have lost $229.95
So I get a call in the middle of the night from an agent with a load "I got a great one for you, it is picking up at Northrup in Omaha Nebraska going to Jackson Hole Wyoming. It is a hot load, it needs to be there asap, the customer has someone without their special HD satellite on their motor home and they have to have the parts yesterday. It's 990 miles, you are right there at the pick up and it pays $1.10."
$1.10 a mile - gives me $1089 - great lots of money!!
So I get 10 mpg average - light load? - that works out to 99 gallons which with the average price for a gallon on EO at this moment at $2.83, that is 280.17 for the trip.
So far out of the $1089, 808.83 left. Right?
I don't know where you get $90 from, or DH of 400 miles., leaving me with $770
but ...
If you know what the cost of your truck is per mile, say it is high, like mine is right now at 73 cents a mile, it will cost me for that 990 mile run $722.70 which leaves me with $366.30 - right?
The 73 cents includes everything to run that truck - from PM fund to fuel and is exclusive of any FSC.
So at 47 mph (*a standard number you need to learn), the 990 mile run will take me 21 hours, taking the fudge amount of say 90 minutes, that is about 2.5 days.
So I have $366.30 in my pocket right now, so I need to eat, which means that I will spend at least $5 a meal to make it easy, for those 2.5 days. That works out to about $40, I had left over big mac you polished off.
Now I have $326.30.
Now my total is at this moment $326.30 for 2.5 days worth of work, or $130.52 while I was under load for each day. Great better than Micky d's
But WAIT there's more ...
Say I delivered in Jackson Hole Wyoming, to a Prevost Motor Home at the star bucks on the main drag and have to DH out of there to say Salt Lake City.
Sounds great, right? I get say 25 cents per mile for DH all inclusive, it is that "approved" DH - wow more money!
But not really ...
At 73 cents a mile, I'm losing 48 cents a mile and because SLC is 315 miles, it actually costs me $151.20 to move that truck - remember this is my COST.
At this point that 990 mile $1.10 per mile $1089 run has netted me ... well let's see ...
With $326.30, I have the DH cost of $151.20 which gives me $171.10 for the three and a half days of work - remember now I am DH on the clock - or $50 a day ... OH! crap I forgot I need to buy another $15 worth of food so that $50 turns into something like $37.50 a day and now I have to pay taxes on that money.
Boy my head is spinning from those numbers but I made $1089.
The truth is I would have expected $1.65 for this run, excluding FSC. Anything under $1.45 there is a loss for me. I don't get paid DH and it seems that many couldn't make it without some compensation, so I would actually have lost $229.95
man, here's the ? again. rucan, who are you leased to? remember, its not against the rules to post this info as long as you arent negative. just letting someone know. next, i would go away fast. you will die with a carrier that pays no dh has no empty move and only 2% fsc. at 2% of 1.10 your fsc is only .02 and that is not going to cut it. i dont believe a fsc should pay for all fuel, it should make a positive impact. that figure does not. please give us all the info on the pay scale and deductions so we all can give really good advice. seems to me this is a bleek road.