The problem I see Gman with setting a minimum rate (that is if I may say so with my limited experience) is there is no one size fits all. It's like saying to sit until you get a better rate. Some say you can sit all you want and others say they will pay and I found both to be true even in the same area. One area is going to pay more than the other.
So this brings us back to the debate of preserving the rate to going in for a big enough rate to get out by deadheading.
For instance say your minimum is $1.50 I just came out of Florida for peanuts but averaging with going in I got $1.54. Now if I deadheaded out I would have needed much more going in which I am all for but I wonder how feasible that is.
Of course you always say you run your business your way and I agree with you and would rather run like you run and when I calculated total miles coming out I got upset, but I'm trying to run as profitable as possible while I learn out here.
By the way, when you take me on as one of your dispatch service clients I am going to be all for setting the minimum, hopefully $2.00 a mile all miles.
In all seriousness though (though driving up here I was wishing I had someone sitting there looking for a load for me) even though my minimum is lower then others, I do have a minimum and won't be hauling no $.80 freight out of Miami like they say is down there. You can better believe I'll park the truck before I do that.