Whats a ball park # to turn the west coast New England to California ?
Whats an Owner Operator Grossing...Just a ball park number please.
I'm getting itchy feet !

Thanks
Pomie

 

Do you mean how long does it take to make a turn from the West Coast to New England or how much money for such a turn? How much an owner operator grosses can vary according to the type of freight hauled and where. An owner operator can gross from $90M to $350M or more depending on the type of operation.

 

Yes I meant how much cash from say Boston to LA and back
the entire turn.

Just need a ball park # I know if your pulling reefers it's more etc...

thanks all

 

That's a big ball park. If he's loaded EVERY mile, he could make .25/mile over his costs. Could be more for more specialized stuff. Dead miles could wipe the profit margin out though.

 

I think if you were only clearing .25/mile you would have to be pulling some awfully cheap freight, but with fuel costs and what some people will pull for these days it doesn't suprise me! Heck.... a rookie at most any company will clear that for every mile he drives in a company truck. Does offer a lil bit of insight to the O/O side of things though.

 

Your question is very broad based. You could have two different owner operators pulling the same type of freight and hauling at very different rates. For instance, there are some who will haul out of California for $0.90/mile all the way to New England. Others may not haul below $1.50 or $2.00/mile. I know you want a definitive answer, but there are a lot of owner operators who have no idea of what it takes to operate a trucking business and will run for most anything as long as they can keep the truck moving. There are too many owner operators who will lease to one of these mileage carriers and run for less than $1/mile. If you are looking at one of those carriers, just calculate the miles and you will have the gross revenue. It isn't the gross that is important, but the net. You can make a million dollars a year, but unless you can net a decent profit out of the money, it isn't worth it.

 

I used $1.00/mile to the truck and an operating cost of $.75 to arrive at the $.25.

 

JMO If you are doing it under 8 grand, you are wasting your time! :roll:

 

Thank you all for you posts....It's so interesting/frustrating at times
reading in the message boards about the money involved or not involved
in the trucking industry.


Pomie

 

I can understand your frustration, Pomie. The reason many people fail as an owner operator is because they don't treat this like a business. A business doesn't become successful on it's own. It needs someone to direct and manage it. Once you buy a truck, you are no longer simply a driver. You are a businessman. Unless you treat it like a business you are doomed to failure. As in any business there are different levels of compentency. Much of that comes with experience. Not everyone is cut out to run a business. And there is nothing wrong with being a company driver. You can earn a good living with a lot of benefits if you get with the right company. You still need to be able and willing to manage yourself to become a top earner. Success doesn't just happen. Those who achieve a high level of success do so with careful planning and hard work. Those who want a 9-5 job will likely only achieve a mediocre livelihood, regardless of what they do for a living. What means success to one person could be different with another. When it comes to being a successful owner operator, you should look at the type of freight and investment that is required. It is much less expensive to run a van than a multi-axle rgn. The more specialize an owner operator becomes, the greater the earning potential.