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OWNER OP FEED BACK

Jul 07, 2017 at 11:01 AM CST
+ 3
If we were to lease owner op to run our authority, we would supply trailer, Liability & cargo Ins, fuel tax and supply fuel card. Only items owner op would need is bobtail ins and pay for the IRP plate. Would $1.40 per mile to the truck loaded & empty miles be a fair rate?

Any suggestion welcome
Replied on Fri, Jul 07, 2017 at 11:15 AM CST
+ 2 - 1
I believe they would have to pay for there own highway use tax. But no $1.40 would not be enough. More like a $1.60 plus but that's my opinion.
Replied on Sat, Jul 08, 2017 at 11:49 AM CST
Would also depend on how many miles they are running
Replied on Mon, Jul 10, 2017 at 06:18 AM CST
I don't think I would run for that. But I know guys pulling reefer and even haz mat tank that are in the $1.40's. I'm hearing some of it is due to lower fuel sur charges.
Replied on Mon, Jul 10, 2017 at 08:28 AM CST
Thanks for the feed back. May have to adjust rate. We'll look at all the options, We going to need a owner op on a dedicated hopper (End Dump Possible) run from TN to OH 2 rounds a week 2300 mile.
Replied on Mon, Jul 10, 2017 at 09:42 AM CST
Since most rates are based on "book" miles, which are notorious short versus actual miles, I use book miles to figure my cost per mile instead of actual miles, Being a one truck owner operator makes it pretty easy to figure. For every "Book" mile ,the last year I worked before I retired in 2015, my cost was $1.847 per mile (before profit). That includes paying myself a very modest .40 per mile plus taxes. For every speedometer (odometer) mile YTD cost was $1.54 per mile. I didn't run many empty miles and also didn't have many paid detention hours. If I got paid for every hour of detention my costs would be lower. It's the nature of the beast. Our waiting time means nothing to these shippers and receivers, they're just trying to lower their costs. (by not being properly staffed, storage space, etc.).
Replied on Mon, Jul 10, 2017 at 10:01 AM CST
We get cuctomer all the time that gives us mileage and we laugh at them on the rate. We set all our rates from address to address. We were just looking at power only with us suppling the trailer and all major insurance cost where truck owner only had to pay bobtail and IRP, yearly heavy use tax. Our fuel card to get our discount at fuel stops. We are looking for options if someone interested in this dedicated run. If they have there own trailer or not. We just have to have our name on the trucks doors to keep the the route. Customer won't let us broker the loads. Has to be a company or lease truck to run the route.
Replied on Mon, Jul 10, 2017 at 07:23 PM CST
Originally Posted by: BILL STONE
Quote: "We get cuctomer all the time that gives us mileage and we laugh at them on the rate. We set all our rates from address to address. We were just looking at power only with us suppling the trailer and all major insurance cost where truck owner only had to pay bobtail and IRP, yearly heavy use tax. Our fuel card to get our discount at fuel stops. We are looking for options if someone interested in this dedicated run. If they have there own trailer or not. We just have to have our name on the trucks doors to keep the the route. Customer won't let us broker the loads. Has to be a company or lease truck to run the route. "

FIRST OF ALL I AM NOT LOOKING FOR A JOB. ALREADY WITH A GOOD COMPANY. YOU MIGHT BE BETTER OFF TRYING TO WORK OUT A PERCENT COMMISSION BASE PAY TO THE LEASE OPERATOR RATHER THAN A FLAT MILEAGE RATE. I WOULD JUST THINK THAT MIGHT BE A BETTER AND MORE FAIR WAY OF DOING BUSINESS WHEN RATES CHANGE AND COST OF DOING BUSINESS AND SURCHARGES CHANGE. JUST A THOUGHT.
Replied on Mon, Jul 10, 2017 at 07:41 PM CST
+ 1 - 1
Like the other posting.. pay the O/O a percentage..most time its 75% PLUS 100% of the fuel surcharge..you carry all insurance...he pays for truck pl/pd insurance on the truck..taxes...license...bob tail insurance..weight fees.. unless customer pays, tolls.. and personel injury..you can give him a fuel card so he gets a break on fuel...you supply trailer...and all maint..unless he screws it up like running over a boulder on a corner ...you are responsible for pee test, log books, his trucks maintenance records..dot inspections...now for a lesser percentage you could pay licensing,tolls, weight tickets, taxes etc... just a few things to think about...best of luck...