Well, I would save on fuel but my drivers get paid 30% of our weekly load (typically between $10,000-$13,000) so they would be pissed! We operate off the spot market (load boards) so no contracts lost. For me, one week is the difference between making a profit or not for that month. Between paying my dispatcher 5% and factoring company 3% Fuel is roughly 25% in addition to the driver's 30% it doesn't leave much. Quick math...5 trucks bring in $50,000 a week give or take Driver's pay= $15,000 Fuel = $ 12,500 Factoring/Dispatch = $4,000 Truck/trailer/Insurance= $8,500 (Rough) weekly expenses = $40,000
Ok. Some get a commission. Did not know that.
There is a spot market for your region or is it a national one?
Do yall do any tricks on fuel economy, mass purchases, or is it while the driver in on the road?
There are several pay models, the most common is .85 per mile. I started hauling frac sand in the oul & gas industry and simply carried over the % model from there. Admittedly, I pay WELL above market but my driver churn is almost non existent. I had one vacancy last year and it took 6 months of paid placement ads 7k a month in equipment cost and $250k in lost production. We do get fuel discounts with our fuel card if we fill up at certain station. My giys have an app to check prices and do their beat to shop around.
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