Which job offer, when?

[TomTrucker]

Can anyone explain the pros and cons of this offer for a company driver of a cargo van- "Pay is 70/30 split with driver paying for fuel, or 65/35 split of gross with driver getting 100% of fuel surcharge."- Any examples and advice appreciated. Thanks.

 

[terryandrene]

At a dollar a mile gross to the truck, 100 mile run, you would get $70 and your fuel would cost about $20 for a net to you of $50.

At 65% you would get $65, your fuel would cost $20, but if you got 10 cents per mile FSC, you would have $65 + $10 = $75 for a net to you of $55.

FSC is kinda like an adjustable mortgage. It will go up or down depending on the cost of diesel fuel. It also matters to which carrier your owner is leased. Some pay FSC on some deadhead miles, some don't. Bottom line, find out what the current FSC is and do your own math as above. Good luck with your choice.

 

[nightcreacher]

your senario is just a little off,if he were to be getting the 65 35 plus fuel charge,1st the fuel charge would be taken out of the gross pay,so at 1.00 per mile,that would look like .90 per mile and 100 miles would be $595 and fsc would be 100 dollars,for 695 so he would get 5 dollars less for the loaded miles,but usually when he gets the fsc for dead head to layover or to next load that would make up the difference,or even make him more.

 

[Moot]

If you are serious about expediting in a cargo van, why not buy a good used 1 ton or better yet a new one. Interest on a loan is tax deductable as is many other items associated with owning a business.

Making a go of it in a cargo van is getting tougher every day. Why make payments for an owner?