So you want to "own " your own company - Page 7 - Truckers' Trucking Forum | Message Board

nightrider269 · **^ Top** #61 01.21.2008

Tractor is a 99 KW with a 500 cummins, 18 speed. It sat for two years. Previous owner didn't drive a lot, and passed away. It sat for two years before she bought it. I drove it for 1.5 years and was doing about 140,000 miles a year.

379 Peterbilt · **^ Top** #62 01.21.2008

The way you posted the money that the truck brings, coupled with that $477 per week payment sounds great on the surface. But be for we sit here and yes yey or nay, we'd have to know much more.

Lets start with how much is in fuel surcharge. Then how much is regular revenue, then what is your percentage of that rev? How many miles per week do ya drive to get that 3-5K.

Normaly an O/O gets 100% of the FSC.

nightrider269 · **^ Top** #63 01.21.2008

FSC is 27%, O/O gets it all. Of the $3000/wk + 27% FSC , truck payment, ins, can a guy make a living?

379 Peterbilt · **^ Top** #64 01.21.2008

3000 + 27 % = 3810.

Sounds good to me

But the 27% will go up and down depending on what fuel prices are from week to week. But if the 27 goes down, you'll be paying less for fuel too, which is obviously good.

Still curious to how many miles ya will drive in a week. What I'm getting at is PPM for fuel. My truck gets 6MPG, so if diesel is $3.60, then it costs me .60 cpm to drive it

.60 cpm x 140,000 miles a year = $84,000 per year

I'd say your plan, going off what we know on the suface at least, is doable, but hard numbers really tell all. Plus, you'd have maitenence on a 1999 KW and a 1999 trailer.

nightrider269 · **^ Top** #65 01.21.2008

As a company driver, was doing 3000 miles a wk. Running the truck 24/5, getting 5.1 to 5.5 mpg, as a O/O, I would put a APU on the truck, and try to get to 6.0+ mpg. Truck brought in $170,000 last year, but that doesn't include the FSC. (Other O/O with this Co are making anywhere from $150,000 to $200,000 on a good year.) It also only averaged 6 hours idle time at night, 4 nights a week. We can talk about Hours of Service at a later date.

Bigray · **^ Top** #66 01.22.2008

i would suggest a counter offer to her.

she can only say NO!

LOWER IS BETTER.. RIGHT

Ron-MARS Trucking · **^ Top** #67 02.14.2008

I've searched the threads and haven't found anything that discusses this possibility. Say you have a load that is getting X amount per mile and you're taking the best route to get to the destination. Along the way there is a weather related incident or a major traffic accident that shuts down your route, but you are able to re-route but it takes you x miles out of the way. Does the shipper make up for that situation, or the broker, or if you leased on? What I'm getting at is a situation where you've added miles and time to your load delivery. Do you have to "Eat" the extra miles and fuel or is there an "extra" then that can be tallied onto the total?

Eskimo6804 · **^ Top** #68 02.15.2008

Quote:

Originally Posted by Ron-MARS Trucking

I've searched the threads and haven't found anything that discusses this possibility. Say you have a load that is getting X amount per mile and you're taking the best route to get to the destination. Along the way there is a weather related incident or a major traffic accident that shuts down your route, but you are able to re-route but it takes you x miles out of the way. Does the shipper make up for that situation, or the broker, or if you leased on? What I'm getting at is a situation where you've added miles and time to your load delivery. Do you have to "Eat" the extra miles and fuel or is there an "extra" then that can be tallied onto the total?

When working for a shipper or broker, you are moving the shipment uder the terms of a binding contract. You signed the contract agreeing to move load from point A to point B for X amount of monies. So, unless you can get a clause written into a contract to cover such events, the answer is a distinctive NO. You are S.O.L. And good luck getting something like that written into a contract.

Ron-MARS Trucking · **^ Top** #69 02.15.2008

Quote:

Originally Posted by Eskimo6804

When working for a shipper or broker, you are moving the shipment uder the terms of a binding contract. You signed the contract agreeing to move load from point A to point B for X amount of monies. So, unless you can get a clause written into a contract to cover such events, the answer is a distinctive NO. You are S.O.L. And good luck getting something like that written into a contract.

Thanks for answering my question. So ok, now that I know, I know that I need to run smarter and I'll have to be aware of the conditions. But there are ways to make up for some things and sometimes I'll have to eat it..business as usual

Lil Joe · **^ Top** #70 02.22.2008

I enjoyed reading the board messages and reply's, great information on this site. I'd appreciate any help good and bad. Thanks and be safe.

Knowledge without experience is just Information (my wife says)

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