CPM Vs % Of Load

Dave, I just realized it was another person (David H) who asked a question about leasing. Haha - I get confused easily! Sorry about that!

No problem Old School. After reading some other topics I saw his posts and similar name as well and figured that was the case

All good!! Have a good day out there!!!

To avoid getting mixed up again, I’m gonna change my screen name to Delco Dave

While TMC offers percent pay, you can also opt for cpm , and can switch back and forth if you do choose. I believe you can switch every 90 days and you’re reviewed every 30 days to determine your percentage pay.

I run % locally but in dry bulk. Like others have said you can make money either way by being efficient and running hard. A lot does depend on the runs and how much you can put together. I can run 1 load and make $250 for the day or run 1 short load and only make $70. Usually I run 2 loads that total out to $220-250 a day but its longer 12-13 hour days. I'm happy with what I do and my paychecks but there are weeks that slow down and put me off average.

Theres an example of 2 weeks and how the percents are broken down. I'm not at top percent yet so it will go up a little more. I have a little control over how much product I bring that effects the payout per run as well which you wouldnt get with flatbed.

Thank you, I understand it now

% of pay gets tricky if you aren't all that experienced on how loads are ultimately paid out. Ita also hard to truly know what a load is paying unless you are also going to be the dispatcher scheduling that load. Dispatchers have been known to only provide you with the flat rate of a total trip. Typically carriers will exclude any layover or detention pay if you are a % driver as well.

The math tends to work out almost the same at the end of the day. Some weeks you are gonna make more on %, some weeks you would make more on CPM. Personally I prefer CPM or hourly because you are trading time for $. When you are on %, you now have to figure in rates of where you are and where your headed. If you have an experienced dispatcher with a well developed network, % can be good.

If you do have a job that pays a percentage, I would definately ensure that you recieve a digital copy of the FINAL rate con. The final one will include all other surcharges that you might be entitled to that aren't going to show on the original.