I've been working on a business plan for a truck for the past couple of months. The plan is purely a personal requirement to ensure I understand what I'm thinking about stepping back off into. I've been out of the industry for a an extended period, however I understand business, I understand the need to have a plan and I understand you have to follow the plan. I also know how competitive this industry is. Running up and down the road for $.90 a mile plus FSC is not an option for me. I can't make those numbers work. I seriously hope that's not all there is.
I've been looking at the DAT trends for average spot freight rates and was wondering if this info is legitimate. Since these are spot rates I'm hoping they are a little lower than what Landstar, Mercer and others have negotiated. However since these rates are published data I'd be willing to bet they are higher then real life average. Right now DAT is showing flatbed average rates for the Midwest at $2.62 per loaded mile, Southwest = $2.27 per loaded mile, Southeast = $2.43 per loaded mile and the Northeast = $3.41 per loaded mile. How real is this data? Would anyone be will give me a little insight here? Are these rates high? Are they Low? Any info would be appreciate.