Cost Per Mile!

Hi guys,

Another rate post unfortunately, sorry!

So thinking of becoming an owner driver, I’ve done my maths with regards my standing, operating and overhead costs and have an idea of where i need to be in terms of cost per mile.

From looking over the threads the best rates offered i believe are;
Maritime @ £1.40 PM
Stobarts @ £1.60 PM

  1. Does anyone pay any higher? For my setup to work id be looking for around £1.75PM - have i set my limits too high?

  2. How does the rating actually work? I assume if i am doing local shunts that the rate per mile would be considerably higher? Likewise on longer runs would they cap?

  3. What other costs do they pay on top of the rate per mile? Demurrage / Tolls etc? Or is the CPM all in?

Thanks in advance!

If you’re relying on someone to find the business, run your truck, invoice the customer then pay you, you’re more than likely have to suffer what they’re offering.

You could adapt your business model to suit the rate you’ll get from this kind of company or you could find your own work and set the rate yourself.

As far as I am concerned any rate based on mileage sets you off on a pretty uncertain path. Charge more for less should be the aim.

Plambert:
As far as I am concerned any rate based on mileage sets you off on a pretty uncertain path. Charge more for less should be the aim.

Something I am regularly coming across with ‘trade’ (business to business) customers, is they expect to be quoted ppm. I think this works if you enter into a verbal contract where the customer is going to keep you busy - in other words, the ■■■■■■■■■■ mileage achieved should ‘fill in’ the gaps of ad-hoc, higher paying work.

And that higher paying work is the stuff you have to door knock for.

if you can get a good few k’s a week in then £1.75 a mile is ‘sufficient’, some of these big outfits may offer self billing and if you ask you might get couple of early payments, if you can afford to build your own work up , then I’d recommend that, I subbed for 1 customer for ages, but after losing a fight with a curtainside pole and getting my noggin smashed in i had to jack it in for a while, anyhow, started at xmas with a 7.5 t and building up my own work has taken time ( I still only average 3 days a week) but if you are willing to pull out all the stops customers will pay proper money ,

Maritime are paying subbies £1.40ppm yet pay employed drivers direct on PAYE £170shift on nights 4on/4off.

I know which job I’d opt for long term!!![emoji6]

You guys about certain places in England don’t how being a subbie could EVER stack up looking at the dough a PAYE driver can earn!!!
(XPO/Asda and Maritime to name wage rate threads recently on TN!!!)

Sent from my SM-J500FN using Tapatalk

Is the 1.75 a mile just one way ?

I hear what your sayin and agree to a certain extent
But why do you think everybody would be the same and want to work for these type of companies
I have 10 guys here that certainly wouldn’t

Good luck with your owner driver career
All the best
MP

quote=“Big Truck”]Maritime are paying subbies £1.40ppm yet pay employed drivers direct on PAYE £170shift on nights 4on/4off.

I know which job I’d opt for long term!!![emoji6]

You guys about certain places in England don’t how being a subbie could EVER stack up looking at the dough a PAYE driver can earn!!!
(XPO/Asda and Maritime to name wage rate threads recently on TN!!!)

Sent from my SM-J500FN using Tapatalk
[/quote]

Do some research, the type of work, estimated fuel return of a vehicle on your chosen work then work out pence per mile cost in Diesel. In an ideal world no more than 33% of your turnover should go out of your exhaust pipe! Hope this helps and I’m sure someone will put me right or have different advice but it’s been working OK for me for 11 years now. Try not to take too much notice of manufactorers claimed fuel figures as they will be achieved using close coupled tractors and trailers with low resistance tyres under test conditions, not pulling a 20" container with a gaping gap between the unit and trailer. I’m sure plenty of folks on here could give you a feel for expected fuel consumption, mine are doing between the mid 8s and low 9s per gallon on 44t tankers if that helps.

Happy hunting

Not being an od but I’ve known a few places charge on a 11 hrs shift ie supermarket or as a outside contractor.
Charging around the £550 mark per day I think it was.
So the less milage the more profit.

nick2008:
Not being an od but I’ve known a few places charge on a 11 hrs shift ie supermarket or as a outside contractor.
Charging around the £550 mark per day I think it was.
So the less milage the more profit.

The green goblins are/were doing day work @£500 on walking floors transporting maize/grass for AD plants.

500 a day / 2500 a week, i would say thats about the average for an owner driver unless its specialised work

chaversdad:
500 a day / 2500 a week, i would say thats about the average for an owner driver unless its specialised work

At the quoted £1.40 per mile rate for Maritime I earned my boss a nice (ahem) £630 since yesterday morning and in that time I did about a 300l of diesel too. Thats on Maritime from Leeds Containerbase.

To give the OP an idea I started at Leeds and went:

Tip 40ft of tyres at Chester Le Street. Box weighed 14500kg

Reload container at Dumfries. Full weight

Box off and new empty 40ft on at Teesport.

Load Darlington. Weight unknown but it was a full load of truck engines so it won’t be featherweight.

Box off and new loaded box on at Freightliner Doncaster.

Drop trailer at Leeds Containerbase.

Drive back to yard at Oldham.

On monday I have to back to Leeds Containerbase and pick up the same trailer and box for delivery to Arcadia Group at Leeds but they wouldn’t let me keep hold of the trailer as our yard hasn’t been approved for holding loaded boxes over the weekend.

On Monday I has 16.5 hours daily rest! Last night was the only night this week I reduced rest and I haven’t done a 10 hour drive. I don’t particularly care as I am on a day rate but if I was paying for the wagon and on a mileage rate I’d be climbing the walls. I thought about picking up a cheap Premium and having a crack at it but if the rates on here are right, even owning the truck outright it wouldn’t be worth my while.

Have I read it correctly ? 300litres for £630 ? Doing that trip ,a good example not to pull containers or work by the mile .

Punchy Dan:
Have I read it correctly ? 300litres for £630 ? Doing that trip ,a good example not to pull containers or work by the mile .

An estimate. A 450l tank which was half full when I started, got at Penrith and was back down around half a tank when I got back. Its not good at all really.

That still 380 ish pound after fuel for a days work, thats about what i make most days after fuel and im quite happy with it, some days a bit less somedays a bit more

chaversdad:
That still 380 ish pound after fuel for a days work, thats about what i make most days after fuel and im quite happy with it, some days a bit less somedays a bit more

2 days. Out on Thursday, back on Friday.

Sorry didnt get that bit, not so good then

chaversdad:
Sorry didnt get that bit, not so good then

Not when I’m on £132 + VAT a day plus £25 night out. £289 plus vat for me alone.

chaversdad:
That still 380 ish pound after fuel for a days work, thats about what i make most days after fuel and im quite happy with it, some days a bit less somedays a bit more

Pay attention at the back !

We have a lot of owner drivers load boxes and ferry trailers in our yard and around 50% of turnover on fuel seems the norm when you chat to them.