What is your average rate per mile? Van and Flat.

Discussion in 'Ask An Owner Operator' started by comoes3, Apr 18, 2013.

Are you OK with your avg rate per mile?

  1. *

    Yes

    61.9%
  2. *

    No

    42.9%
  3. *

    No choice!

    4.8%
  1. Saddletramp1200

    Saddletramp1200 Road Train Member

    2,111
    2,836
    Sep 4, 2011
    Houston Texas,USA
    0
    My Truck & I are from 250.00 an hour to $ 15.00. I asked him to keep it. Pizza, love it. Guy was a Broker. I got some good loads, Several #'s Mucho loads. I drive the truck, the office works out the hard part.
     
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  3. rollin coal

    rollin coal Road Train Member

    13,080
    25,855
    Mar 29, 2008
    TN
    0
    Dry van here. These numbers below are from my ledger actual "to my truck" rates, after the company I'm leased to takes a %age off the top, and also minus whatever $$$ ??? the broker rakes off the top as well. This pulling 100% spot market freight from this year Jan 1 until tonight where I just finished another load:

    108 available days to work

    59 days worked according to logs, the rest off at home

    16 of those days eligible for standard daily deduction - overnight in the truck

    $38,640.50 gross to the truck

    16,530 total odometer miles driven

    12,700 of those miles were loaded

    3,830 were empty deadhead miles paying zero cpm

    23% deadhead percentage of total miles

    48 # of loads hauled

    344 miles average length of haul

    $3.042 "loaded miles only" rate to the truck

    $2.337 all miles in rate to the truck

    So the average load I book is about 265 loaded miles paying almost $900 on average.. ..that is not to say every load I haul pays like that, it's just an average. There are some detention hours and a TONU in those $$$ numbers. All money to the truck on my ledger goes into the averages. Not too shabby for dry van. Last year I did $2.19 a mile to the truck on 76K total miles. My goal this year was for $2.50 a mile to the truck or better all miles in so I'm a little disappointed but not a whole lot. Freight is a lot slower this year compared to last it almost feels dead. I've been very picky and spent a lot of time at home. If I continue at the current pace I could likely end up working about 6 months this year, truck approx 50K miles, and earn/make more money than I've ever made in 13 years of trucking. Now, if I could pull rates like this on 3,000 miles a week all year round I'd be doing that every week. But normal up and down trends of freight/rates prevent spot from ever being consistent. So, for any newbie who looks at this and see the easy street to riches... To exploit spot like this you have to be patient, more than likely debt free, and willing to haul freight others won't mess with.. along with providing first class service that gets recognized and appreciated by your customers.
     
    Last edited: Apr 19, 2013
  4. FLATBED

    FLATBED Road Train Member

    :biggrin_2556: I go home empty a lot to but at 10-12 MPG empty What MAGICAL truck / trailer do you have.

    Flats now averaging ( was a bit slow last month ) around $2.25 / mile and dryvan $2.12 / mile, weather is improving and rates are going up , booked 18 flatbed loads yesterday all well above $2.25 / mile
     
  5. GreyBeardVa

    GreyBeardVa Bobtail Member

    37
    35
    Apr 1, 2013
    VA
    0
    Very helpful detailed post, thank you - rollin coal.
     
    rollin coal Thanks this.
  6. hors_19

    hors_19 Medium Load Member

    579
    294
    Jan 20, 2012
    Fennimore, WI
    0
    He has a hot-shot truck and trailer.
     
    FLATBED Thanks this.
  7. Hooda

    Hooda Light Load Member

    81
    35
    Jun 28, 2012
    Rockville, Minnesota
    0
    Newb with a question here. when you say you have a %age off the top for the lease, is that the same as your truck payment/insurance/license tabs/authority (what does the company pay for with their cut?) Also, do you pay for fuel out of your share? I would just guess a 550 Cat at 6.5mpg avg. in your setup, could be wrong, but that would be around .70/mile for fuel. Still, if you paid for fuel, that would put you on track for nearly a 6 figure year
    (in your pocket). Sounds pretty good to me. Hopefully, I'll be in a similar situation as you in a couple of years. Good Luck!!
     
  8. rollin coal

    rollin coal Road Train Member

    13,080
    25,855
    Mar 29, 2008
    TN
    0
    They take 11% off the top, I pay for everything else fuel, insurance, IRP, taxes, fees. I also front my own money for fuel but do use their fuel card. Get a 5 cent discount per gallon on that and also cash back on my credit card (which I use for fuel only and never pay any interest on it) which is used to pay down fuel card balance, effectively another discount. Last I checked my fuel was running 65 cents a mile but that was couple of months ago, not a number I look at all the time. They do provide access to various loadboards free of charge. And also have a dispatch actively looking for reloads as well. But the vast majority of those loads are booked by me. Dispatch does call and offer up available loads that might work for me, in areas I tend to run, to bid on. I don't get many loads that way but when I do it's a good one. My operation is very much similar to an owner under their own authority with the exceptions being I have a little less paperwork/regulatory hassles, not much but some, and get paid weekly instead of waiting or factoring. It'll be 5 figures at year's end after all expenses are covered but still a comforatble living and probably a little stash left over. What more could a person ask for working 6 months out of the year. I just need to figure out something else to make money on during the times when freight is unprofitable. Maybe even try hooking to a different trailer.
     
    Last edited: Apr 19, 2013
  9. Tama Mai Hawaii Nei

    Tama Mai Hawaii Nei Light Load Member

    296
    127
    Sep 6, 2013
    Las Vegas, NV
    0
    What are you guys getting as a IC carrier. I see a lot of O/O leased on making 2.25 or what ever so what are the IC drivers making. I this is always higher because people like Mercer paying 2.50 per miles will not be in business if they wasnt getting higher
     
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