i drive practical miles at .42 a mile

my company requires us to log a half hour at a shppr or con

rather than 15 min

and i still make 25 bucks an hour

based on 62 driving hours a week

it takes 1.5 hrs to do 100 miles with a 65 mph rig

so 42 divided by 3 gives you 14 a half hour or 28 an hour

i check my route miles paid against microsoft streets and trips

and my actual vs paid miles

is 12 miles or less lost per ld

average load is 750-1000 including paid deadhead miles

i just did 36 straight days

with a weekly average of 3100mi

ie 1200 a week

practical works for me

i have done that rand mcnally 10% bull with useless express

 

the reason why crete pays practical but bills at rand macnally

is that they feel paying the driver more

ensures safe delivery of the freight

so instead of making 50 a load afer all expenses they make 35

but with at least 5000 loads delivered every 2 days

thats 175k made every 2 days

all paying practical miles does is cut down the company profit and the the ceo bonus

but it also reduces taxes

as most companies pay 40% tax on their profits

so 40% of the difference in pay between practical and rand mcnally

is actually paid with tax money since that is no longer taxable profit

its a payroll expense

and on top of the extra driver pay

there is profit sharing at crete

 

Yep, and we get practical miles, plus paid for everything except PTI's and fueling....and get profit sharing as well as a "killer 401K". So, if some companies can do it, the others can to.....

 

So if I understand right, here in the atlanta area everyone knows if your on the NE side and want to go the NW side say like Alpharetta to cartersville, quickest is interstate its 51 miles, but if you go back roads its only 35 miles, so by HHG you would get paid 35 miles?? That does suck because I can think of quite a few times the quickest route is much longer especially around the mountains.

 

no you got it wrong about the 35 miles

atlanta like jacksonville fla

is a large city

most companies pay 0mi for an atlanta to atlanta deadhead

and an atlanta to some small city in and around the 285 loop

pays 8 to 12 miles

in my experience

its the same with the rand mcnally companys too

thats where you do get the shaft if you dont get paid hub miles

its why i tend to stay out out the east coast period

i have been known to take a shorter run that goes west or midwest

then go east

but then i know where the freight is heavy with our company

and where i am likely to get my choice of 2 or 3 runs

which is cretes policy

 

:roll:

I was just using that as an example, not that exact trip say you were coming from indiana to alpharetta, the question is would HHG pay the longer but quicker way in the atlanta area, or would it pay the shorter route, say 450 instead of 466.

 

Most of the companies out there will "screw" you there. If your pickup address is ATL on the east side, and drop address is ATL on the westside, you get virtually nothing... In the case of the Alpharetta to Cartersville.... most companies will pay right through the center of ATL...where you cannot go.

HHG sucks. Practical Miles is far better. In some cases Hub miles is the only way to go. I have though seen cases where Practical beats Hub.. 8)

 

Indy to Alpharetta on Practical Miles is 532.

Same route HHG about 501 maybe less depending on the company and which dirtbag guide they are using. There are a number of guides/programs that are really warped and impossible....and if the company is a real "bottomfeeder", they will even "negotiate" the mileage from point to point.

HHG ALWAYS pays the shortest possible route. :x :x

 

I saw one company that paid practical miles and advertised it as a 5% increase over HHG.

 

It is not wise to look at 5-year time frames trying to trade in and out of stocks. I could have bought JB stock at any time in 1992-1993 and sold in 2002 and made $0.00. With the exception of a small blip in 1982, I would NEVER have not made a good positive return over a 10-year time frame owning FedEx.

The point I'm trying to make is that it is not the "NOW" as you say but consistency of earnings and future prospects which make a great stock. That's because it is not possible to make good, consistent returns trading in and out of stocks trying to time the market every day, month, year, etc. So the question to ask is, which stock is better poised looking 10, 15, 20 years out? Which stock will benefit more from increased globalization and international trade? My opinion is FedEx.

As far as a driver willing to accept HHG over Practical because of stock options...that is simply ludicrous. A driver's primary means of earning money is from MILES.