Originally Posted by
RabidW0mbat
wow, premium starts at only 115%? Not to throw stones in a glass house here, but that’s pretty terrible. In a day and age where we’ve seen 300% thrown around, not starting at 150% minimum is pretty lame. What’s the percentage breakdown of the 3 levels you guys are seeing? I assume 150 is closer to the trip, while 115 is for stuff at least a week out and builds from there?
there is a formula and I dont know it off the top of my head but it's something like 15 days out with below min reserves (we almost always are) is 115%, 10 days out goes to 130%, 5 days out they offer all open time to reserves to proffer and anything left after that goes to 150%. yeah I'm aware this is a low area but the company would rather burn through all their reserves 5 days out rather than pay 150% so I dont see much changing. our mainline partners getting involved would be the only way we see 200% (or voting in a union)