The biggest risk in Cheap Freight, is Your Reputation,.
#51
Senior Board Member
Join Date: Oct 2006
Posts: 2,079
Thanks and welcome to the board.
More questions: Based on what you see from shippers and rates: 1) What's the highest paying lane been lately (in all of North America)? 2) If you were a one truck trucking company and could only buy one type of trailer, what trailer would it be and why?
#52
Senior Board Member
Join Date: Nov 2006
Posts: 1,095
Originally Posted by CHRBROKER32
Trust me, we lose money on loads on a daily basis.
Feel free to ask me any questions. I will do my best to answer them. . Actually though just one more for the night. In one of above posts you mentioned that you don't ever see loads sit for a higher price, yet you just stated that you lose money on loads which means that you are moving it for more then you care to. That is you had to raise the rate to move it. This seems somewhat contradictory. Would you care to elaborate? Thanks a lot, I appreciate taking the time to answer questions.
#53
Rookie
Join Date: Dec 2007
Posts: 49
Originally Posted by rank
Thanks and welcome to the board.
More questions: Based on what you see from shippers and rates: 1) What's the highest paying lane been lately (in all of North America)? 2) If you were a one truck trucking company and could only buy one type of trailer, what trailer would it be and why?
#56
Board Regular
Join Date: Jun 2006
Posts: 258
I get loads out of NJ to Chicago all the time that are 750 mile runs and I can only pay $675 on these loads because my customer is only paying me $700
#57
Senior Board Member
Join Date: Sep 2006
Posts: 725
Originally Posted by CHRBROKER32
Originally Posted by merrick4
Originally Posted by CHRBROKER32
Trust me, we lose money on loads on a daily basis.
Feel free to ask me any questions. I will do my best to answer them. . Actually though just one more for the night. In one of above posts you mentioned that you don't ever see loads sit for a higher price, yet you just stated that you lose money on loads which means that you are moving it for more then you care to. That is you had to raise the rate to move it. This seems somewhat contradictory. Would you care to elaborate? Thanks a lot, I appreciate taking the time to answer questions.
#58
Senior Board Member
Join Date: Sep 2006
Posts: 725
Originally Posted by person
I get loads out of NJ to Chicago all the time that are 750 mile runs and I can only pay $675 on these loads because my customer is only paying me $700
#60
Originally Posted by merrick4
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. I don't necessarily think that one size fits all. It is up to each individual to decide a minimum rate for which they will haul. Some may not want to haul for less than $2/mile. Others may be content with $1.30. It is an individual decision. If you establish a minimum haul rate you should make more money. You don't need to haul freight for $1/mile. |
. Actually though just one more for the night. In one of above posts you mentioned that you don't ever see loads sit for a higher price, yet you just stated that you lose money on loads which means that you are moving it for more then you care to. That is you had to raise the rate to move it. This seems somewhat contradictory. Would you care to elaborate? 
