Per-Diem Rate for Truckers
Q.What is the per diem rate? A. The per diem rate for meals on 2023 was 80% of $69 per day. The per diem rate for meals in 2022 was 100% of $69 per day. The per diem rate for meals 1-1-2021 thru 9-30-21 was 100% of $66 per day and 10-1-2021 thru 12-31-2021 was … Continued
Lease Purchase Calculator
The best time to know if a Lease-Purchase contract will be profitable for you is before you sign it. The same is true if the contract is so flawed that there is no way on earth you can buy that truck and make a living at the same time. You don’t want to come to … Continued
The price of gasoline and diesel is already a major concern to all motorists. What you may not know is that the temperature of the fuel you pump into your tank affects how much money you spend and how much fuel is ultimately consumed. In short, you may not be getting what you pay for. … Continued
Cost Per Mile
Figuring Cost Per Mile Truckers must not be flying by the seat of their pants When airplanes were a new idea, pilots were the cowboys of the air. Barnstormers would fly in and out the open doors of barns: they truly flew by the seat of their pants. They had a wicker seat, a control … Continued
Fuel Surcharge Calculator
What you need to know: Currently there’s no rule, law, or regulation mandating a fuel surcharge. Small carriers with direct shipper freight contracts must incorporate a fuel surcharge. Good carriers will typically pass through 100% of the fuel surcharge to their leased-on owner-operators (OO). This allows the leased OO to offset the higher price of … Continued
This article is designed to answer the most frequently asked “can they do that ?” or “aren’t they suppose to do this?” questions that owner-operators ask OOIDA and Land Line about their leases with motor carriers. Many owner-operators have never read the leasing regulations and assume that as long as they understand what is spelled … Continued
