My First
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Here are my numbers for my first 10 loads. These are all hub miles. I went with this co, that pays 80% of the line haul and 100% fuel surcharge. This is a dry van company and they do have company drivers. My plans is to stay with them for 6months. I'm still learning freight lanes, as you can see i will not be going into FL. I am not leased to this company, i have my own authority. I only pulled there trl, they don't charge anything for that. The only deductions are 13.50 wk for qualcomm. I have been using there fuel card, you can only use at loves and pilot. You only get .02 off the pump price. So, far i am please with them they keep me busy.
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Richard Pryor, to tell you the truth those #s are good for a dry van.I advice you to stick with this company because you have no maintenance on a trailer and you are grossing as much as I do with my own trailer.Who is this company anyway?I don't think JB hunt or Interstate power only company even gross as much as you do with a van.
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I wanna know the company.I am working on something and I need a company like that.$4000-$5000 gross a week in pulling someones trailer is not bad. |
Those numbers aren't that good Henry.
10217.59 total money ÷ 6930 total miles = 1.47 per mile - .38 FSC = 1.09 per mile proper Now that's better than the 90 cpm crowd but if you have your own authority you need to have current liability and cargo insurance. If those cost you $10K/year (which is low estimate) you're talking 10cpm if you run 100K a year. That drops it down to 99 cpm proper. Isn't PTL the one who you pull theirs with your own authority? |
I would include the fsc when looking at the total rate. No matter how you break it out, you are averaging $1.47/mile. It doesn't make any difference whether part of the money is the fsc or the total rate. The load pays the same. By the way, your estimated cost of cargo and liability insurance is probably a little high if you have been driving for a few years and have a good MVR. I pay less than $4,000 for just liability and cargo. I would expect that most people starting out would pay around $6,000.
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I believe PTL and JB Hunt both use those with their own authority to pull their trailers around. |
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my renewal is for my third year is 5759.00. no accidents or claims.
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Where you run and are based is also a factor in calculating insurance rates. I do have a very good rate compared to many in this business. In fact, the company that I am with raised my rates 30% a couple of years ago and was going to hit me with another 25% last year due to driver turnover. I fired them, found a different agent and they came back with a much better rate. I actually received a small reduction this year when I renewed. With collision I pay about $4,200/year. I believe my cargo and liability alone runs about $3,700/year. I will need to check my policy for the exact figure. My rate is about where it was 3 or 4 years ago. It got up to about where yours is for one year. I believe that Great West did come back this year with a premium about what you are paying. One company came back with a premium of over $9,000. I have essentially had the same insurance company for a number of years and have never had a claim or moving violation. I also have had a good safety score. It is all a factor. It also pays to check around. Rates can vary widely. |
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