working for a fleet owner

[pantherii]

im looking to work for an o/o and was wondering what would be the better deal take 60% and pay fuel and tolls or take 40% and just drive the truck?

Also is it hard to get government loads? pantherii said they pay 1.50 per mile for those loads, whats the qualifications for getting into that?

 

[Wildinteriors]

same here 60% 40% split I havn't singed on yet let me know if you have any luck finding out.

 

[Tennesseahawk]

Fuel surcharges would be the main ingredient for deciding if you want the 60/40 split or 40/60. If they're high enough to manage your fuel, and make a small amount to boot, take the 60/40. Otherwise, save yourself a headache.

For special services with Panther, I was told $1.70 (that's with the fuel surcharge). If you decide on 60/40, ask Panther what the total with the surcharge, per mile, will be.

To get into special services, we had to fill out a 27 page application. However, luck had it that we didn't have a chance to apply. Now, it's an even lengthier process, with Panther having to pay 5000 per driver to get them qualified (background check, etc.). If you aren't sure if you'll pass the qualification, talk to Mike about it. And only get into it if you're serious, as they have pretty high standards. They might make you drive for awhile before letting you apply.

Good luck on what you decide to do.

 

[LDB]

Looking at the 60/40 split it's all about the numbers. Because the $1.50 for Special Services was mentioned I presume we're talking D unit. Base numbers for a D are $1.20 loaded plus fsc plus accessorials.

For discussion let's say fsc averages 18cpm over all jobs. The $1.20 is split 60/40 so the side paying fuel gets 72cpm and the side not paying fuel gets 48cpm for paid miles. The side paying fuel gets all of the fsc bringing the rate per paid mile to 90cpm.

For discussion let's say the truck gets 8mpg and fuel is $3.50 per gallon. That makes fuel 43.75cpm so the fuel buying side has .90-.4375 after fuel or 46.25cpm after fuel. That means you can only d/h a few miles without losing money. Let's also say the truck gets 9mpg and fuel is $3 making fuel 34cpm. Now the fuel buying side has .90-.34 or 56cpm after fuel.

The big unknown is the fuel. Indications are that prices will be going down gradually. Along with that the fsc will gradually go down as well. Which side to take isn't an easy decision. If the truck has an APU so you don't have to idle the main engine for comfort it makes the decision even tougher. If you have to idle the main engine to be comfortable that is going to definitely make the 48cpm side look good. If there is an APU and the driver drives smart the fuel buying side can yield a few more cpm.

Take your time and run your own numbers and talk to drivers at truckstops to find out what they are doing and how it is working for them. Good luck.


Leo Bricker
OOIDA 677319
truck 4958
73's K5LDB
Support the entire Constitution, not just the parts you like.