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08-10-2008, 09:38 PM
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#16 (permalink)
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Senior Member
Join Date: Sep 2007
Location: Timber Ridge Castana R-cola Ticonic, Iowa, United States.
Zodiac Sign:
Virgo
Rating:
Posts: 571
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Re: Company Stats
Quote:
Originally Posted by dabluzman1
Stats are a game.
Both sides wield them as gospel and they can be used against each others' argument.
I agree with Greg, the only relevant stats are the ones you need to keep to know
where you stand.
BUT, be aware of the terms and conditions that regulate the stats for whom you drive.
Ignoring them could mean a canceled contract.
Hey Ice, sounds like your having a tough time. Sorry bout that.
Be informed.
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Linda and Dave ya I sure am The CC said Your load acceptance is at 18% well I was making money then but accused of cherry picking. I was assured that if I raised the bar and got higher acceptance id get even better loads. Well that was a lie I made less money and worse loads.
as I increased the acceptance rate and no turn downs it all went south and I got Junk loads. The dispatcher must have thought i was in the run for a 4 star award again and id take everything. Well got news for ya I can give to sheet to the wind about that award. The last time I put my family in the poor house and the the big guy never produced the truck he promised and still dont got it. so there.
Now far as the Reefer goes I am wondering
1 does richfield know what the heck they are doing??
2 is it realy done and the big guy dont got the bucks to get it out.
3. Its like I was told FedEX dont like you as you call all the time. The Bill told me that
Well on the 3rd issue I wouldnt call at all except for a departure if Ud do your job and keep me poping with dececnt runs and not all junk. I cant starve out here no more.
I have had enough of that since june. Thats the Truth weather its favorable or not oh well Im not lying about it.
The Stats well I dont want to here about load Acceptance too low one more time Ive played that dum game and followed the rules and they dont work.
__________________
No Chains Allowed
ICEROADTRUCER
Timber Ridge Iowa home of the
Ridge Runner
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08-10-2008, 11:15 PM
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#17 (permalink)
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Senior Member
Join Date: May 2005
Location: Redford, MI
Rating:
Posts: 7,065
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Re: Company Stats
Quote:
Originally Posted by Dispatched
And we all have our opinions.
I'd certainly be more confident following the suggestions made by Bob & Linda. A proven team with many years of experience. Talking/Typing is one thing....... the Caffee's have actually walked the walk.
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Well I have opinions and I have experiences, this is the latter, not the former.
It's funny, there seems to be a good use of damage control.
__________________
Greg
Sort of independent wealthy - I followed the Million Dollar plan 
1999 Freightliner FL70
Professional International Traveler
Politics is a game of engagement
In order for you to change something you don’t like, to change something for the betterment of your country or to change just for the need of change, you must be involved, engaged and vocal.
So don’t blame me if Congress passes laws that affect you, your family or your rights
Be Engaged!
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08-11-2008, 01:28 PM
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#18 (permalink)
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Senior Member
Join Date: Sep 2007
Location: Timber Ridge Castana R-cola Ticonic, Iowa, United States.
Zodiac Sign:
Virgo
Rating:
Posts: 571
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Re: Company Stats
Quote:
Originally Posted by greg334
Well I have opinions and I have experiences, this is the latter, not the former.
It's funny, there seems to be a good use of damage control. 
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Damage Control Thats agood one.
Head Line News at FOX
details at 6.
__________________
No Chains Allowed
ICEROADTRUCER
Timber Ridge Iowa home of the
Ridge Runner
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08-11-2008, 07:26 PM
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#19 (permalink)
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Member
Join Date: May 2007
Location: Beech Island, SC
Rating:
Posts: 51
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Re: Company Stats
90 % of all stats can be used to say anything you want.... half the time. Yes I got this from a commercial.
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08-11-2008, 08:44 PM
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#20 (permalink)
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Senior Member
Join Date: May 2005
Location: Redford, MI
Rating:
Posts: 7,065
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Re: Company Stats
IRT, thats funny, now go and become an owner to see what you are told.
__________________
Greg
Sort of independent wealthy - I followed the Million Dollar plan 
1999 Freightliner FL70
Professional International Traveler
Politics is a game of engagement
In order for you to change something you don’t like, to change something for the betterment of your country or to change just for the need of change, you must be involved, engaged and vocal.
So don’t blame me if Congress passes laws that affect you, your family or your rights
Be Engaged!
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08-18-2008, 03:19 AM
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#21 (permalink)
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Member
Join Date: Nov 2007
Location: White Lake, MI
Posts: 30
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Re: Company Stats
How about the fact that there are a variety of trucks out there. If you are W/G, TVAL, L/G equipped, the truck probably cost a minimum of $180,000 this year if it is a "C". Could be as high as $250,000 nicely equipped "D". And yet Express still gets their hands on you and offers you a load at $1.04, even if you have a W/G lock. You have to turn down virtually all Express loads if you want to stay profitable. My boss has very specific average numbers he needs the truck to run, based on the truck investment and operating costs. If Fedex wants the TVAL truck, they need to pay a rate that reflects the cost of doing business for that truck, whether it is a TVAL load or not. Our acceptance rate is below 30%. I flat out tell dispatch what my bosses numbers requirements are and I have not gotten any flack. Our gross is a little less than the target, but I attribute that to slow freight, not our acceptance %. If would prefer them not sending us Express Dispatch Offers/Load Opportunities. This truck was not equipped to service that market, and cannot profit taking that freight.
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08-18-2008, 10:57 AM
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#22 (permalink)
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Senior Moderator
Join Date: Nov 2001
Location: FL & TN, USA.
Rating:
Posts: 6,760
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Re: Company Stats
Quote:
Originally Posted by sweetbillebob
How about the fact that there are a variety of trucks out there. If you are W/G, TVAL, L/G equipped, the truck probably cost a minimum of $180,000 this year if it is a "C". Could be as high as $250,000 nicely equipped "D". And yet Express still gets their hands on you and offers you a load at $1.04, even if you have a W/G lock. You have to turn down virtually all Express loads if you want to stay profitable. My boss has very specific average numbers he needs the truck to run, based on the truck investment and operating costs. If Fedex wants the TVAL truck, they need to pay a rate that reflects the cost of doing business for that truck, whether it is a TVAL load or not. Our acceptance rate is below 30%. I flat out tell dispatch what my bosses numbers requirements are and I have not gotten any flack. Our gross is a little less than the target, but I attribute that to slow freight, not our acceptance %. If would prefer them not sending us Express Dispatch Offers/Load Opportunities. This truck was not equipped to service that market, and cannot profit taking that freight.
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I would have to think that on every ten load offers you are turning down at least 7 of them, that would be cause for concern.
However, you can't run any straight truck at 1.04 per mile and expect to keep it.
That rate sounds more like a van load rate.
To be fair, is it just the result of their new dispatch system that sends multiple offers?
__________________
fleet owner
24 years
Panther
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08-18-2008, 11:36 AM
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#23 (permalink)
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Senior Member
Join Date: May 2003
Location: Minnesota, USA.
Posts: 3,415
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Re: Company Stats
Quote:
Originally Posted by sweetbillebob
My boss has very specific average numbers he needs the truck to run, based on the truck investment and operating costs. If Fedex wants the TVAL truck, they need to pay a rate that reflects the cost of doing business for that truck, whether it is a TVAL load or not.
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Be careful about developing a sense of entitlement to high-paying loads.
Buying an expensive truck in no way obligates any carrier to come up with expensive freight to put on it. Nor does it in any way place you higher in a dispatch order when ordinary freight is the only freight available to haul. It will not prohibit competitors from entering the lucrative market and driving prices down. It will not assure a ready supply of expensive freight to haul in these recessionary times.
It is not true that "If Fedex wants the TVAL truck, they need to pay a rate that reflects the cost of doing business for that truck, whether it is a TVAL load or not."
No shipper of non-TVAL freight will agree to a higher price so TVAL trucks can be subsidized. FedEx has already attracted TVAL trucks into the fleet without paying special rates on non-TVAL freight. (The slight spiff paid to reefer trucks at FDCC goes to all reefer trucks, not just TVAL. It recognizes and helps offset reefer costs.)
There is a waiting list to get into White Glove reefer work. When a waiting list exists, there is no market need for FedEx or any other carrier to pay more to attract a certain type of truck and high-quality teams.
Key concept: Market need
Dangerous concept: Entitlement
What is true for a full-featured TVAL truck is also true for a low-end dry (non-reefer) truck. When you enter a market with a piece of equipment, you become eligible to haul certain kinds of freight, but you do not become entitled to haul it.
To succeed in this business, you have to do more than buy a truck and wait for the roast chicken to fly into your mouth.
A White Glove truck is not a liftgate-equipped truck entitled to liftgate loads. It is not a reefer-equipped truck entitled to reefer loads. It is not a security-cleared-team truck entitled to certain types of loads. It is not a HAZMAT-endorsed-team truck entitled to certain HAZMAT loads. It is not a dolly-equipped truck entitled to inside pickup and delivery loads.
A White Glove truck and team is a package of truck equipment and driver credentials best seen as designed to do one thing; help FedEx Custom Critical provide solutions to its White Glove customers. To that end, Diane and I have several times equipped and re-equipped our truck, and credentialed and re-credentialed ourselves.
We manage our business such that revenues are maximized and the costs of providing the package we offer (not the liftgate, not the furniture pads, not the reefer, not the credentials, but the package) are kept low enough to not price ourselves out of the market and to also provide a healthy profit.
Last edited by ATeam; 08-18-2008 at 12:13 PM.
Reason: Additional thought added
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08-18-2008, 12:03 PM
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#24 (permalink)
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Senior Moderator
Join Date: Nov 2001
Location: FL & TN, USA.
Rating:
Posts: 6,760
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Re: Company Stats
To succeed in this business, you have to do more than buy a truck and wait for the roast chicken to fly into your mouth.
=============================
Phil,
You are starting to sound like the Colonel.
But, that quote is spot on.
__________________
fleet owner
24 years
Panther
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08-18-2008, 12:20 PM
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#25 (permalink)
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Senior Member
Join Date: May 2003
Location: Minnesota, USA.
Posts: 3,415
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Re: Company Stats
I believe the Colonel borrowed the quote from me. I borrowed it from one of my college professors who says he borrowed it from Martin Luther (1483 - 1546). The quote is modified a bit. Luther was talking about Christians saying "The Lord will provide." and then waiting for the roast chicken to fly into their mouths.
Last edited by ATeam; 08-18-2008 at 12:23 PM.
Reason: Spelling
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08-18-2008, 12:45 PM
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#26 (permalink)
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Senior Moderator
Join Date: Nov 2001
Location: FL & TN, USA.
Rating:
Posts: 6,760
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Re: Company Stats
One thing for sure, it still applies
__________________
fleet owner
24 years
Panther
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08-18-2008, 01:19 PM
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#27 (permalink)
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Senior Member
Join Date: Sep 2007
Location: Timber Ridge Castana R-cola Ticonic, Iowa, United States.
Zodiac Sign:
Virgo
Rating:
Posts: 571
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Re: Company Stats
Quote:
Originally Posted by davekc
One thing for sure, it still applies
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Ya your right sure does so When am I going to get a load????
__________________
No Chains Allowed
ICEROADTRUCER
Timber Ridge Iowa home of the
Ridge Runner
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08-18-2008, 01:42 PM
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#28 (permalink)
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Senior Member
Join Date: Jan 2008
Location: Southern Ontario
Rating:
Posts: 617
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Re: Company Stats
Quote:
Originally Posted by ATeam
No shipper of non-TVAL freight will agree to a higher price so TVAL trucks can be subsidized. FedEx has already attracted TVAL trucks into the fleet without paying special rates on non-TVAL freight. (The slight spiff paid to reefer trucks at FDCC goes to all reefer trucks, not just TVAL. It recognizes and helps offset reefer costs.)
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That's interesting..
At least they're not getting the whole fleet of OOs to subsidize the higher price for the TVAL trucks.
__________________
Do not walk behind me, for I may not lead. Do not walk ahead of me, for I may not follow. Do not walk beside me for the path is narrow. In fact, just pizz off and leave me alone. (borrowed from a friend cuz I thought it was pretty funny, teehee)
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08-18-2008, 06:46 PM
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#29 (permalink)
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Member
Join Date: Nov 2007
Location: White Lake, MI
Posts: 30
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Re: Company Stats
Okay,
I certainly see the logic of what Phil is saying. And, it begs a question. Obviously every owner tries to equip their truck to maximize their profits if they have the money to do so. And, is trying hard to maximize profits(or at least make a profit) based on the decisions they have made regarding the investment in their truck. So, investment aside, given "Todays" fuel prices, and a fully equipped truck, and the knowledge that the high paying freight is not going to be there on a day in day out basis. What is the market bearing today for a fully equipped truck carrying both high and average priced loads. Or more simply put, what average will the market bear as opposed to what do you need to average to pay the bills.
I have certainly seen that the bosses need to receive a certain $$/mile rate impacts our ability to hit the monthly gross goal. And have subsequently been accepting loads that do not meet his target $$/mile goal. The result of using our current selection criteria is that we turn down and sit, waiting... And the waiting is really starting to get to my wife and I and of course to our bottom line. As drivers, we get a % of gross, we have no costs to cover, but we do have bills to pay. And right now, credit card balances are going up.
So, if you could, a little advice in load selection for a fully equipped truck would be greatly appreciated.
Thanks in Advance
Last edited by sweetbillebob; 08-18-2008 at 07:00 PM.
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08-18-2008, 07:28 PM
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#30 (permalink)
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Moderator
Join Date: Aug 2005
Location: Lake Saint Louis, MO, USA.
Rating:
Posts: 2,644
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Re: Company Stats
We have never run for an owner and that changes the equation greatly. I spend a great amount of time working on our cost per mile and that is what sets what we will accept a load for. When we receive a load offer we first look to see where the load in going, if we know of any tolls, and also what the fuel prices are in that area of the country.
I use Quicken and each month I run a P & L Statement, I also keep a log of all fuel purchased and our cpm of just fuel. I have found for us I need at least a minimum of one month to get a good cost per mile and I prefer to use at least the six month P & L statement.
With the fuel prices fluctuating so quickly I can just run a quick cost of our fuel and know when we need to adjust what our bottom line will be to accept a load offer. With the TA discounts we are receiving our CPM has decreased so we can accept a load for a little less money then we could have a month ago. With the national fuel prices dropping our FSC is also dropping which will then decrease the load offers somewhat. Our largest cost is fuel and with that the better we can do with our fuel mileage the lower we can also accept a load for and still stay profitable.
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Bob & Linda FedEx CUSTOM CRITICAL
Owner/Operator D6077
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