Home > Forum > Good Hopper Rates? Cost Of Operation Estimates?

Good hopper rates? Cost of operation estimates?

Nov 18, 2015 at 11:58 PM CST
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Since farming has tightened up over the last couple years, I am thinking about putting an apportioned plate back on the truck and pulling a hopper around to make some money to cover some cost of living. I think it would pay better than a seasonal job for when the ground is frozen and after the crops are planted. I am located in Nebraska. I am willing to be out a few days at a time. I have run truck in the past pulling a bull rack, not really interested in that again. I know that it will take about 10k miles just to cover the cost of insurance and the plate. I have talked to a few freight brokers that specialize in bulk and hopper and have heard rates from 1.50 to 2.50 per mile. I have zero experience with commercial hauling with a hopper, so I have no idea what good rates are. One broker said hopper rates are a little lean right now, but expected things to improve after the first of the year. So what is considered to be a good rate in the current economy? Would anyone be willing to look over a spreadsheet and help me to estimate the cost of operation before I jump in? I need to be damn confident that this venture would be profitable before spending the money to get started. Thanks David
Replied on Thu, Nov 19, 2015 at 07:18 AM CST
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$1.50/mile is just too cheap if it is under $2 leave it sit. And that is all miles not just loaded all miles

Replied on Thu, Nov 19, 2015 at 07:55 AM CST
+ 1 - 1
Give me a call David, and I will go over the spreadsheet with you. You don't want to be like the other eggheads out hear pulling for whatever they tell you that you are worth. There are no subsidies to help you when you start running that truck as a business, just taxes, taxes, and more taxes. Laws, laws and more laws, if you listen to what a broker tells you than you will be broker than you currently are.

Replied on Thu, Nov 19, 2015 at 08:58 AM CST
David, give me a call if you would like. We are not a broker, but our company does help owner operators analyze their business, loads, costs, etc.... We also provide invoicing and accounting services as well. We work for you and not against you like alot of others do. My phone number is 402-385-9553. Thanks Nate
Replied on Thu, Nov 19, 2015 at 03:11 PM CST
+ 2
If you know how to run as a independent and use only commodity brokers and/ or get your own accounts you will be fine. If you depend on wanna be freight brokers and anyone outside yourself to keep you going then other lines of work pay much better
Replied on Fri, Nov 20, 2015 at 09:39 AM CST
The numbers most people talk about is loaded miles. Several problems come from them doing this. 1st is the miles they give are very seldom close to actual miles. 2nd. They dont care that you might have to deadhead 100+ miles to get there or even farther after you unload or both. I could find you $2.75+ all day long from ohio to the south but when you get there and find NOTHING there worth hauling and you get mad and deadhead home that 2.75 doesn't sound so good. Good loads come around but every day the rates drop as the people paying the bills figure out there are way too many people willing to work for nothing. I haven't figured my cost per mi lately. But as miles travel goes down cost per mi goes up