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Rate quote

Jul 22, 2021 at 08:24 AM CST
Just for fun, let’s say the government capped Hours of service at 40, how high would your rate need to be to retain a driver and make a profit for yourself?
Replied on Thu, Jul 22, 2021 at 04:24 PM CST
+ 1

I'd assume it would depend on region and where your based out of. But it'd likely have to be $150+ hrly if your taking driver wages @ 40 hrs as well as fuel and maintenance expenses and not running off a per mile/per ton type thing like is current industry standard for most things. Thats assuming your paying your driver between $25-50 hrly

Replied on Sat, Jul 24, 2021 at 07:09 PM CST
+ 1
The government hasn’t capped trucking at 40, but the free market has to some extent since trucking has to compete against other industries for labor that already have that standard, and trucking seems to be loosing, it’s become serious enough that Washington has ordered the department of labor to work with FMCSA to solve the retention issue that now has crippled the supply chain, but since it’s a economic problem what power do they have to fix it? There are a lot of fleet owners out there that consider themselves to be smart, yet none of them have been able to solve the problem.