That argument might hold water if I were planning to run it twice a week as a dedicated run. :roll:

Besides, if you didn't want criticism, you shouldn't have asked about it on an internet message board. :roll:

 

hope you like it, how do you plan on replacing it?
you cheat on your log book. Are you ready for a audit?

 

Haven't you heard? Once you don't have a truck payment, you never have to worry about it again. :lol:

 

I think that is his point of putting it as his worst load. he did it for fuel and i'm sure he doesn't do it every week as his source of income. you come on here asking for peoples opinions of something and then get upset because they don't agree with you? if you want to make no money and be home more often your in the wrong line of work. if you want feel all warm and fuzzy about an unsound business judgment ask for someones opinion that doesn't know what they are talking about. or here: its a freaking great gig go for it!!!

 

Could someone please explain factoring? Is that some kind of assurance that the shipper/broker will pay for the load?

Thanks

 

No! It's just that you'll get pay sooner. But at a 6% a month, i find it very expensive! :shock:

 

It's a way for people who can't afford their business to stay above water.

 

1050 Miles round trip in 26 hours
525/70=7.5 Hours, Sleeper/Off duty=10 hours New start=11Hours
Backhaul drive 525/70=7.5 hours how can he be out of hours?
As for profits he is doing it better than many:
2389.00X4=11,356.00-225.00 trailer pymnt=11,131.00-460.00 Ins=10671.00 -Fuel(asum)2100milesX4=8400/6gpm=1400gls@$4.00=$5600.00.
$10,671.00-$5600.00=$5071.00/4=1267.00 per 5 day week,for me that is very good, saving 1 week income per month at the end of the year he will have over $15,000.00 plus his Volvo trade in for a newer truck,
I am an Owner operator, and I take my loads if I am happy with what I am making, after my costs, Trucking is a Business just like any other Business, if you know you businesss you make it, I started with 1 truck, now I am running 5 and most of the time we take loads of $1.18 to 1.50 Per mile and still come out deep into the black numbers

 

Good luck averaging 70 mph. Especially going through Atlanta. I'd love to see that happen in real life.

Better work on your math a bit. There are not 4 weeks in every month, and to base calculations off of it is an idiotic business decision, since you have 4 weeks a year completely unaccounted for.

$2839 per week revenue on 2100 miles
Subtract out 16% for factoring and the lease = $2384.76 per week.
2100 miles / 6 mpg = 350 gallons per week
350 gallons X $4 per gallon = $1400
Insurance is $5520 per year (assuming that $420 was a monthly charge) = $106.15 per week
Trailer is $2700 per year (assuming that $225 is a monthly charge) = $51.92 per week

So, before we've even done any repairs, mainentance, or saving for a replacement truck:

$2384.76
-1400
-106.15
-51.92
________

$826.69 per week

You can make more as a company driver than that.


I doubt it.

LOL if you say so. :lol:

 

$826.69 still good for 2 days work and lots of good quality time at home
with family, not an option for a company driver