I have been approached by an individual that asked me to haul for his ompany (I worked for them for 4/12 years, was a good job, but wanted to be an o/o)

I haul logs now, but would look at this if it was profitable for me.

The reason that I have posted this is to ask for advice on this. I know there have been discussions on this already, but I need a different view on this.

When he asked me about this, I asked him what it would pay and he told me he would have to figure this out and get back with me.

This is the different twist to it. I want to know how to figure out or come close to it what it would cost him to have his company drivers doing it, so I can show him what it is costing him now.

They lease their trucks from Ryder, pay a certain amount each month, and this covers everything on the Truck, including insurance.

They pay their Drivers a set amount per hour for all hours in a day from the time they start until they finish that day. I was paid $15.00 per hour and it was a great company to work for, but just wanted to become an o/o and like hauling logs, but when it rains I am out of work for that day, and this would be steady if we can come to terms on this.

It would be hauling Roof Trusses, very light load avg 18,000 lbs of Trusses per load, hauling only one way as the trailer is a truss trailer and cannot haul back on it.

Would only be running in GA,TN, & AL, most mileage one way 275 miles, average 70 to 150 miles one way.

I am wanting to know how to figure this up so that I can explain to him how it would benefit him to contract me to do this hauling for him.

Any advice would be greatly appreciated.

 

No Nibbles yet????????????

 

Well, since he came to you, i guess he already figured that out!
Don't worry about his cost!

Take your costs+whatever wages and benefits cost, you think reasonable+20% profit.
You could do it on a mileage, or daily basis, cause if it's a short runs, you still should be able, to maintain your minimum gross!

Let him to decide, if it worth it for him, cause if you are not making profit, it's not worth it for you.
If you want it bad, you may come down few profit points, but that's about it! 8)

 

He already knows that having you on will benifit him, now you have to make sure that working for him is a benifit to you.
1.What are the hard ##'s?
2.How many hours a week can you expect?
3.Does he make you do "other " things when truss hauling is slow?
4.What about overtime?
There are many things to consider when going to an hourly rate,..make sure you pepper him with many questions,....again, he already knows he will benifit from having you on.

 

There are 3 ways that you can figure the numbers. By the hour, day or mileage. If you are planning on calculating his costs, then you may want to use Ryder's rental costs, divide by the number of miles run, average number of hours the driver works, fuel at 5 mpg x (what you are paying for fuel). There are some other figures you should include, such as maintenance, tires, etc., You can base those on miles as well.