CAn someone teach me how to bid a load?
 

I am on a couple of different boards. Mainly UShip. I am not understanding how to bid a load can any of you owner operators give me some advice. I drive a G20 Box truck that is gas fueled. Any help would be much appreciated. ty Keith

First you need to know your cost per mile so that you can figure if the loads pays enough to haul. Your truck payment, fuel, ins., maintainence, wages, etc. Once you have that number the rest is math. I am sure that someone else will have more to post.

your cost per mile is the first thing to consider, then your cost per day if you are required to be under the load more than one day or if a short run, what is your minimum to start your truck. What is required to load/ unload the freight, are there any tolls to consider, shipping and receiving times. Dont forget a fair fuel surcharge.

You drive a gas truck, or OWN a gas box truck? Answering that question is key.

CAn someone teach me how to bid a load?
 

I own a gas ran box truck someone gave me free. Im in the process of getting dot numbers and everything. Its a Chevy G-20 12 ft. box. Ill need to look at the yr. Brand Newly rebuilt engine and its in the trans shop now.

Hope that answers your question. Here is their fee structure that Im not quite familiar with.
Tiered Match Fee Structure, effective May 1, 2007






















Match Price


Final Match Fee

























$0.01-$300.00


$29.99 flat fee

$300.01-$700.00


9.9% of the remaining match value balance ($300.01-$700.00) plus the $29.99 flat fee

$700.01-


6.9% of the remaining match value balance ($700.01-$2,000.00), plus 9.9% of the value from




$2,000.00





($300.01-$700.00), plus the $29.99 flat fee



















Over


3.9% of the remaining match value balance ($2,000+match value), plus 6.9% of the value from




$2,000.00





($700.01-$2,000.00), plus 9.9% of the value from ($300.01-$700.00), plus the $29.99 flat fee

I don't understand what you are talking about on the numbers you posted. :?

I dont think anyobody is?

Re: CAn someone teach me how to bid a load?
 

WTF is this. It looks like my tax return.

Our cost per mile is currently $1.48 including driver. Let's use this as an example.

Philadelphia-Toronto=450 miles (broker miles)
let's assume legal full truck SD load, no tarp (tolls, extra night at truck stop not included in calculation).

1. calculate dead miles to pick up (80)
2. calculate loaded miles (500 real miles)
3. calculate dead miles to next pick up (140 back to the yard)
4. calculate how many miles if I came home empty (475)
5. add 1, 2 and 3 together to figure all miles. (720 miles)
6. multiply by my cpm of $1.48 gives me a cost of $1065 to pull this load.
7. multiply 475 x $1.48 to figure cost of coming home empty = $703.
8. $1065 - $703 = $362 extra cost to pull this load.

Now we've established that anything over $362 is gravy so I would call and offer my truck for a little more than the going rate....say $2.15 x 500 all miles = $1075. We might settle at $1,000, which would be $2 per loaded mile.

It's getting harder to get that $2 though. We've only pulled 3 backhauls far in April by setting the bar at $2.

yeah new guy posted some kind of mathematical formula (looked like one from my old calculus classes) but it really needed a step by step explanation, and since he didnt know how either, exactly to use it doubt we will get one.
When I was coming home with my truck from the Carolinas I ran into an O/Op. of a cube truck, I was suprised they go throuegh almost the same exact bidding process we semi owners do(quess it only stood to reason) and they get almost the same Federal authority and hazmat licensing too.(stood to reason just never thought I had so much in common with a cube bix driver.)