Rob K:
Look at you all fighting over the scraps. £1.06 per mile, £1.80 per mile, what [zb] difference does it make? You’re not making any money on either.
Split the difference and make it £1.37 out of which needs to be taken the fuel and depreciation costs of the wagon before you even start working out what you’re actually going to be left with after all the other costs.
So on that basis the choice is stay at home and leave the money in the bank with the option of getting a cheap car and doing some cab work or buy a truck and then park it up and refuse to work unless the job pays the same ( preferably a lot more ) per mile as the cab job would pay.
Harry Monk:
I get some empty running, but in the past as an employee I’ve been subbed to Heritage, Sealane etc and it’s no more or less than either of those I’d say.
But anyway, all of this is really by the by because what I’m doing is waiting for is promo work to pick up, then I’ll be doing that with any luck, that would be my own work and would pay considerably more. Until then, I’m doing work which I’m satisfied with and which pays me what I consider to be a reasonable return, and building a trading and credit history.
Lets hope theres plenty of tours etc then Harry, better on that kind of work if you can get some of it. Being paid to park up is always an advantage imho…
fly sheet:
Lets hope theres plenty of tours etc then Harry, better on that kind of work if you can get some of it. Being paid to park up is always an advantage imho…
Ta, that’s what I’m hoping for, promo always does pick up very quickly when recessions end because companies realise they have to get out early in order to catch the next wave.
I can’t see 2013 being too busy though to be honest, possibly 2014 although being in recession is like going through good times, there is a tendency to think it will never end. Hopefully I’ll pick some work up next year, obviously all of the contacts I have in that area know that I’ve started up and people have said they’ll use me if they’ve got anything coming up.
Thats the way it is companies have to promote there wears to get it marketed & as most bands make next to nothing from a CD huge tours will carry on growing in order for said bands to make money.
The country/europe is in dire straights but people still like to treat themselves to a good gig now & again.
It may be all doom & gloom but it just has to make an OD try harder.
Dan Punchard:
see charge out rate 7.5 tonner by hammer , looks better than any rates mentioned on here.
Yes, a charge-out rate will always be better than the rate for work offered, that’s just the way it is. I could have a £10 a mile charge out rate but it wouldn’t be much use if I was only asked to do one or two fifty mile movements a week.
Rob K:
Look at you all fighting over the scraps. £1.06 per mile, £1.80 per mile, what [zb] difference does it make? You’re not making any money on either.
Split the difference and make it £1.37 out of which needs to be taken the fuel and depreciation costs of the wagon before you even start working out what you’re actually going to be left with after all the other costs.
So on that basis the choice is stay at home and leave the money in the bank with the option of getting a cheap car and doing some cab work or buy a truck and then park it up and refuse to work unless the job pays the same ( preferably a lot more ) per mile as the cab job would pay.
Dan Punchard:
see charge out rate 7.5 tonner by hammer , looks better than any rates mentioned on here.
Yes, a charge-out rate will always be better than the rate for work offered, that’s just the way it is. I could have a £10 a mile charge out rate but it wouldn’t be much use if I was only asked to do one or two fifty mile movements a week.
Just one thing to think about though Harry turnover is vanity profit is sanity.
Dan Punchard:
see charge out rate 7.5 tonner by hammer , looks better than any rates mentioned on here.
Yes, a charge-out rate will always be better than the rate for work offered, that’s just the way it is. I could have a £10 a mile charge out rate but it wouldn’t be much use if I was only asked to do one or two fifty mile movements a week.
Just one thing to think about though Harry turnover is vanity profit is sanity.
Ah, but a decent profit against standing costs only working two days a week might not even cover the weeks standing costs + diesel for those two jobs, where a small profit taken daily over 5 (or 6) days will keep you in business a lot longer.
Dan Punchard:
see charge out rate 7.5 tonner by hammer , looks better than any rates mentioned on here.
Yes, a charge-out rate will always be better than the rate for work offered, that’s just the way it is. I could have a £10 a mile charge out rate but it wouldn’t be much use if I was only asked to do one or two fifty mile movements a week.
Just one thing to think about though Harry turnover is vanity profit is sanity.
Ah, but a decent profit against standing costs only working two days a week might not even cover the weeks standing costs + diesel for those two jobs, where a small profit taken daily over 5 (or 6) days will keep you in business a lot longer.
Ross.
^ This.But the world as sane people know it obviously doesn’t always apply on planet trucknet.According to some if fuel tax is doubled just put rates up to match.
Dan Punchard:
see charge out rate 7.5 tonner by hammer , looks better than any rates mentioned on here.
Yes, a charge-out rate will always be better than the rate for work offered, that’s just the way it is. I could have a £10 a mile charge out rate but it wouldn’t be much use if I was only asked to do one or two fifty mile movements a week.
Just one thing to think about though Harry turnover is vanity profit is sanity.
Ah, but a decent profit against standing costs only working two days a week might not even cover the weeks standing costs + diesel for those two jobs, where a small profit taken daily over 5 (or 6) days will keep you in business a lot longer.
Ross.
I er on the side of “If it don’t pay it don’t move”. I can stomach a few weeks of 2 days a week but anymore than that and I would be questioning my ability as a salesman:!:
Put simply, while stood it’s not burning fuel, wearing out tryes or 1001 other parts. I couldn’t stick it for too long at 2 days a week, although the tail end of 2012 saw several 4 day weeks.
Goaty:
I er on the side of “If it don’t pay it don’t move”. I can stomach a few weeks of 2 days a week but anymore than that and I would be questioning my ability as a salesman:!:
Put simply, while stood it’s not burning fuel, wearing out tryes or 1001 other parts. I couldn’t stick it for too long at 2 days a week, although the tail end of 2012 saw several 4 day weeks.
I was actually comparing the running of a 7.5 tonner against a 44 ton artic!! But in your situation I think you might view the two days a week slightly differently if you were paying a driver to sit on his jaxi!!
There seems to be a certain amount of confusion here, the original post was refering to OWNER DRIVER, that term to me implys that you, as the owner of the vehicle, drive that vehicle and are told where to go and how much you are going to be paid for going there, as opposed to OWNER OPERATOR, who by their very definition own and operate the vehicle to suit their own needs by supplying their own customers with a haulage service at a price they have calculated to be fair and sustainable. By working for too small a profit margin any vehicle owner will soon be joining the ranks of " oh well at least I had a go brigade" IMHO these people are the reason the haulage industry is in the sorry state its in. I have been an owner operator for 26 years, I have my own CPC & O licence, all the correct insurances required, my own operating premises and I have always owned the vehicles I’ve run outright, I always quote my customers the haulage rate and if they find it acceptable I deliver their goods, the profit margin I build in to the haulage rate means I am able to run a sustainable business and carry on through hard times, the way some owner drivers are accepting second and third hand work off companies they know little about for a pittance of a haulage rate, then its no wonder they winge away on here about so many pence per mile, dont forget there is a difference between an OWNER DRIVER and an OWNER OPERATOR.
1970commer:
There seems to be a certain amount of confusion here, the original post was refering to OWNER DRIVER, that term to me implys that you, as the owner of the vehicle, drive that vehicle and are told where to go and how much you are going to be paid for going there, as opposed to OWNER OPERATOR, who by their very definition own and operate the vehicle to suit their own needs by supplying their own customers with a haulage service at a price they have calculated to be fair and sustainable. By working for too small a profit margin any vehicle owner will soon be joining the ranks of " oh well at least I had a go brigade" IMHO these people are the reason the haulage industry is in the sorry state its in. I have been an owner operator for 26 years, I have my own CPC & O licence, all the correct insurances required, my own operating premises and I have always owned the vehicles I’ve run outright, I always quote my customers the haulage rate and if they find it acceptable I deliver their goods, the profit margin I build in to the haulage rate means I am able to run a sustainable business and carry on through hard times, the way some owner drivers are accepting second and third hand work off companies they know little about for a pittance of a haulage rate, then its no wonder they winge away on here about so many pence per mile, dont forget there is a difference between an OWNER DRIVER and an OWNER OPERATOR.
I totally agree with you and take my hat of to you if your running a self contained transport operation in wich you are able to run at a profit
I myself class my self as an owner driver/ sub contracter
Whilst a lot of my rates are dictated by the company I sub for there’s still money to be made
I run a 4 year old unit don’t work weekends and still earn a living wage
I no there’s people on here saying its not worth doing you’d earn more working for someone etc I’m not debating that I do this because I want to and I enjoy it
Daf Man 480:
subbing for gregory you will not be getting £1.80 per mile that is for certain
we do the odd fridge load for them and the gaffer tells us its garbage what we do
THE BOSS
"And for that reason I’m sorry you won’t be getting a pay rise this year, but ill be getting a new range rover "
Daf Man 480:
subbing for gregory you will not be getting £1.80 per mile that is for certain
we do the odd fridge load for them and the gaffer tells us its garbage what we do
THE BOSS
"And for that reason I’m sorry you won’t be getting a pay rise this year, but ill be getting a new range rover "
Absolutely, once I have built my global transport empire I’m really looking forward to pulling up in the yard in my new Rolls Royce, on my way to the airport for my sixth Bahamas holiday of the year, then winding down the window and telling the plebs that there won’t be a pay rise this year “because there’s no money in it”.
Harry Monk:
Absolutely, once I have built my global transport empire I’m really looking forward to pulling up in the yard in my new Rolls Royce, on my way to the airport for my sixth Bahamas holiday of the year, then winding down the window and telling the plebs that there won’t be a pay rise this year “because there’s no money in it”.
So you’re running 40 trucks, grossing £5m a year but only managing 1% gross so £50k a year before tax, them ‘revenue types’ want their bit which leaves you with about £10k net (if your lucky!!!) & as the boss you get a new car every 4 years (not forgetting that the cars depreciation or lease payments are in the equation for your profit & loss account) & your BMW X5 is coming up to replacement time.
Do you get a new one, or give the old one back & buy a £1,500 Nissan & give the rest of your yearly profit to the 60 people in your workforce, which is about £141 each so about £2.71 a week rise per employee, not forgetting that if your company profitability drops 1% you’ll be ‘in loss’ next year & be risking the jobs of your trusty staff anyway?
Running a £5m business isn’t all golf clubs & Barbados holidays, but the boss of such a business is entitled to a return on their investment and if there isn’t enough in the job to give the staff a rise that’s the way it is, Range Rover or not.
if you are running 40 trucks and only working on 1% gross you may as well shut the door now as the work you are doing is nowt but crap!
there are far to many firms working for slim to no proffit, and all that it’s doing is holding haulage rates lower than they need be.
Harry Monk:
Absolutely, once I have built my global transport empire I’m really looking forward to pulling up in the yard in my new Rolls Royce, on my way to the airport for my sixth Bahamas holiday of the year, then winding down the window and telling the plebs that there won’t be a pay rise this year “because there’s no money in it”.
So you’re running 40 trucks, grossing £5m a year but only managing 1% gross so £50k a year before tax, them ‘revenue types’ want their bit which leaves you with about £10k net (if your lucky!!!) & as the boss you get a new car every 4 years (not forgetting that the cars depreciation or lease payments are in the equation for your profit & loss account) & your BMW X5 is coming up to replacement time.
Do you get a new one, or give the old one back & buy a £1,500 Nissan & give the rest of your yearly profit to the 60 people in your workforce, which is about £141 each so about £2.71 a week rise per employee, not forgetting that if your company profitability drops 1% you’ll be ‘in loss’ next year & be risking the jobs of your trusty staff anyway?
Running a £5m business isn’t all golf clubs & Barbados holidays, but the boss of such a business is entitled to a return on their investment and if there isn’t enough in the job to give the staff a rise that’s the way it is, Range Rover or not.
Ross.
Perhaps he could squeeze a nice car into the turnover,as a company car,and the holiday as a working holiday and offset the holiday against tax. 5 million a year sounds a lot,but as turnover of a company it isn’t.As I am not an accountant I could be wrong.
