FPPF Fuel Power Max on Red Eye Radio

We are Red Eye Radio. Brought to you by FPPF Fuel Power Max. Most owner-operators leased to larger carriers are paid on a per-mile basis or a percentage of revenue per load. The per-mile basis is most prevalent among larger fleets. Percentage at smaller. Pay per mile tends to dominate discussions about pay just because it's easier to measure. And pay per mile often is wrongly used as the deciding factor in leasing to a carrier. While pay per mile can be a vital factor, it's not a cure for every ill, nor does it mean a big settlement check is coming in owner-operator's way. Why? Because pay per mile always must be considered in balance with gross revenue as well as total costs. Gross revenue can include flat mileage pay, mileage pay that varies by length of haul, percentage revenue pay, and more. Most importantly, though, for every revenue dollar generated, only part of that dollar is profit. But for every extra dollar of cost saved, the entire dollar contributes to profit. Knowing and understanding your cost to operate is fundamental to understanding the true value of any pay package. Owner-Operator Business 101 is provided by Overdrive's Partners in Business program. Go to overdriveonline.com to the Partners in Business section of the website for more details on this and many other topics. Brought to you by Shell Rotella with advanced synthetic technology designed to help keep your rig running with more mileage and less maintenance.