You would not want to choose CPM over %, and I have the numbers to back that up, as I'm tracking every mile, every %, and every CPM, etc.Solo, you are brand new at this, and you started during a time when flat bed rates were pretty decent. You have one month of number crunching - that's not very credible evidence to base a decision on. Freight rates are extremely volatile at times, and there are market forces that move them up and down in very cyclical patterns. Be careful giving out advice like this. Even regions of the country vary considerably. After a couple of years of doing this, I'm fairly certain you'll find your numbers to indicate that there's very little difference in percentage pay and mileage pay. We had another TMC driver go through this same comparison and he found his pay would have been very similar no matter which way he went.
Ask yourself this question... Why would TMC offer you a choice of how you get paid, knowing full well that they are going to have to pay you a lot more if you choose the one they actively promote to their drivers? Percentage pay is actually designed to protect the company from the volatility of the rates. That's something you haven't had the pleasure of experiencing just yet.
Well, when I do my 1-year review via my CDL diary, we'll find out what the numbers are % vs CPM.
26% vs 27%, 26% vs 32%, etc.
With and without deadhead/bounce mileage (the only thing I'm not tracking is tarp pay).
My money is on % winning out by a significant spread.
Solo...please read Old School’s response to you about % pay. Freight rates are volatile. They fluctuate.
A CDL is required to drive any of the following vehicles:
To drive with an empty trailer. After delivering your load you will deadhead to a shipper to pick up your next load.
Drivers are often paid by the mile and it's given in cents per mile, or cpm.
Operating While Intoxicated
When a violation by either a driver or company is confirmed, an out-of-service order removes either the driver or the vehicle from the roadway until the violation is corrected.
Tyler, I work for FedEx freight doing linehaul. Much easier work with a higher pay potential in the future.
Linehaul drivers will normally run loads from terminal to terminal for LTL (Less than Truckload) companies.
LTL (Less Than Truckload) carriers will have Linehaul drivers and P&D drivers. The P&D drivers will deliver loads locally from the terminal and pick up loads returning them to the terminal. Linehaul drivers will then run truckloads from terminal to terminal.New! Check out our help videos for a better understanding of our forum features
Well, when I do my 1-year review via my CDL diary, we'll find out what the numbers are % vs CPM.
26% vs 27%, 26% vs 32%, etc.
With and without deadhead/bounce mileage (the only thing I'm not tracking is tarp pay).
My money is on % winning out by a significant spread.
CDL:
Commercial Driver's License (CDL)
A CDL is required to drive any of the following vehicles:
Deadhead:
To drive with an empty trailer. After delivering your load you will deadhead to a shipper to pick up your next load.
CPM:
Cents Per Mile
Drivers are often paid by the mile and it's given in cents per mile, or cpm.
OWI:
Operating While Intoxicated
OOS:
When a violation by either a driver or company is confirmed, an out-of-service order removes either the driver or the vehicle from the roadway until the violation is corrected.