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#71
Senior Board Member
Join Date: Aug 2005
Location: jackassville (winnipeg, mb)
Posts: 3,280
Yup, pen and paper is the only way to do it.
You also have to fill it the same way, even 2-3 gallons extra can throw that number off quite a bit.
#72
Senior Board Member
Join Date: Oct 2006
Posts: 2,079
Originally Posted by LOAD IT
Originally Posted by rank
Soooooo, you ran 3000 miles that week and had 3000 left over after fuel. Do that for 40 weeks and you got 120,000. Take out $45,000 for ammortization/depreciation, insurance & maintenance leaves you with ~75,000 pretax. You should be able to live on that eh?
I'm one of those that says you can't make a living in trucking.....if you're paying a driver. and if you're paying alimony and child support because you went OTR. And don't forget he did say it was his best week ever (that's why I used 40 weeks. If things go bad he can work more and *hopefully* make more).
#73
Senior Board Member
Join Date: Nov 2006
Posts: 1,095
Originally Posted by allan5oh
Yup, pen and paper is the only way to do it.
You also have to fill it the same way, even 2-3 gallons extra can throw that number off quite a bit. Right now I am going by my fuel tax, I heard that's the best way. Thankfully I have an APU and I try and go slow and all the other tips I read here. You know I know a lot of you are doing 58 -60 but I am going usually mid 60's and seems like everyone is flying by. I was thinking on that today; doesn't seem current fuel prices are changing the way most drive out here. And the those that run those cattle cars must be raking in the money cause they drive like they are all race car driving (not to mention the car haulers)
#74
Senior Board Member
Join Date: Aug 2005
Location: jackassville (winnipeg, mb)
Posts: 3,280
I didn't mean the bottom when you start filling it up, I mean at the top when its full. For example "topping it up" can add a good 5 gallons.
But you're right, you need an average. That's what IFTA does, it's an average over 3 months.
#75
Board Regular
Thread Starter
Join Date: Aug 2007
Location: East Texas
Posts: 303
Originally Posted by rank
Soooooo, you ran 3000 miles that week and had 3000 left over after fuel. Do that for 40 weeks and you got 120,000. Take out $45,000 for ammortization/depreciation, insurance & maintenance leaves you with ~75,000 pretax. You should be able to live on that eh?
Load It, I don't know anything about the seasonality of this industry, or the desirable lanes, or the areas to stay out of yet, but once I figure that out, I hope I can limit some deadhead miles. Btw, the miles I posted included deadhead miles. I haven't figured that out as a percentage yet, but I would guess around 10%, because I refuse to haul cheap freight and will drive out to get better rates. When I'm quoted $1 a mile (south Texas), I fire my truck up and go north till I can get $2. Even with the deadhead, I still beat the cheap rate, plus I don't give that sorry broker the satisfaction of using me to cover that load. I also will NEVER haul for a broker once they pull that on me. I do have some brokers that will pay around $2, so I deadhead to get their loads instead of taking cheap loads just to buy fuel. I try to give them the best service so they call me first. I'm not sure if what I'm doing is smart, but In my mind, until somebody stops hauling those loads, they'll keep trying to put us out of business with low rates........ If I am ultimately successful, you guys can pat yourself on the back, because honestly, I don't think I would have done as well without what I've learned from this board. I've taken your advise and it's working. jonboy
#76
Board Regular
Thread Starter
Join Date: Aug 2007
Location: East Texas
Posts: 303
Originally Posted by allan5oh
NET after fuel of $1.02 isn't bad at all. How much does everything cost for you?
My net after everything is paid is about 90-92 cpm. I suppose if it was down around .50-.60, you'd be better off driving for someone else, although, I like the choice of where?, when?, what?, how much?. That is the fun part for me, and I like being the captain of my own ship, albeit, a small one........well, in my case, more like row boat. :wink: jonboy
#79
Senior Board Member
Join Date: Oct 2006
Posts: 2,079
And the those that run those cattle cars must be raking in the money cause they drive like they are all race car driving (not to mention the car haulers)
And I think they get docked somehow if the cattle lose weight also.
#80
Board Regular
Thread Starter
Join Date: Aug 2007
Location: East Texas
Posts: 303
I talked to one of those modern day cowboys the other day, and he told me they have a 24 hr limit on how long the cows can be in the trailer, and it forces them to run long distances both fast, and illegal on the hours.
He said if he was a DOT guy, he would spend his time with the cattle trucks, because they have to run illegal...... I guess those cows get stressed, or die, if they are in the trailer too long? jonboy |
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