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$ Rate/Mile for Heavy Equipment Hauling

Discussion in 'Trailers' started by clansing1, Mar 17, 2010.

  1. clansing1

    clansing1 Well-Known Member

    Joined:
    Oct 31, 2008
    Messages:
    146
    Location:
    Iowa
    I am looking at purchasing a 50-ton RGN trailer for hauling my own equipment. I have a trucking company that we do work for and they do work for us. I am considering leasing the trailer to them occasionally for hauling heavy equipment. What would the going $/mile rate be just for the trailer? Do you have a base rate and then so much a ton? I was thinking around $0.50/mile.

    Thanks in advance.
     
  2. tonka

    tonka Senior Member

    Joined:
    Jan 14, 2008
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    Occupation:
    Equipment Operator
    Location:
    Longview WA
    Are your loads local or out of state or? $0.50 a mile seems really low to me...
     
  3. clansing1

    clansing1 Well-Known Member

    Joined:
    Oct 31, 2008
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    Location:
    Iowa
    The rate would be per loaded mile and would probably vary from 150 miles to 1000 miles.
     
  4. Chaz Murray

    Chaz Murray Well-Known Member

    Joined:
    Oct 26, 2007
    Messages:
    215
    Location:
    Stockton CA
    That would only equal 27.50 per hour with the 55mph speed limit assuming you could average 55 mph all the time! I agree .50 per mile seems way low.

    **Edit...sorry had to read the first post again...guess I missed the part that you wanted to rent the trailer out..then in that case it might be a little on the high side. On trailers we rent out we have a flat fee for daily, weekly and monthly.
     
    Last edited: Mar 18, 2010
  5. JBlackwell

    JBlackwell Well-Known Member

    Joined:
    Jun 1, 2009
    Messages:
    96
    Location:
    Daingerfield, Texas
    You have to do a flat rate, no per mile stuff. Too many dishonest people in the world. I would do minimum of $850 per month up to $1,250 depending on who it is, etc., etc.
     
  6. TERM101

    TERM101 Active Member

    Joined:
    Oct 25, 2009
    Messages:
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    Location:
    Mebane, North Carolina
    I would say anything under 250 miles the trailer needs to be make $40-$50 an hour. My trailer would roll for nothing less. Anything over 250 I would try and work out flat rate deals per job.
     
    Last edited: Apr 17, 2010
  7. imjustdave

    imjustdave Well-Known Member

    Joined:
    Mar 17, 2006
    Messages:
    56
    Location:
    WA State
    I would say flat fee, maybe monthly and or weekly. Remember if they are using it a lot you may end up with brake and tire replacments a lot more often then your thinking. And this brings up a point that you may have to make provision in a rental agrement for when you or they are resonsiable for such maintanance.