I see you are a student so I will be kind. The only time you should worry about the rate per hour is when it concerns demurge time. From there on out, it is rate per mile! Not how many miles you run per week, but rate per mile. My goal (which I seldom reach) is $5,000 a week on 500 miles. (Fact is I never reach that goal but it isn't for lack of trying).
What is an hourly income for an owner operator business?
Discussion in 'Ask An Owner Operator' started by Konrad Po, Nov 19, 2014.
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Sik_Life Thanks this.
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Let me take a stab at this while wording the OP's question a bit differently.
How much of a percentage of your gross typically goes in your pocket? -
After another long day of busted knuckles dealing with maintenance issues I'm guestimating I made around -$50.00 an hour give or take. Just another day in.paradise baby!
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thanks for the tip on ken tool, i just checked there products out on e-bay i will be ordering some tire tools soon.
I don't think ill be doing my own in frames any time soon, hopefully i won't be needing to in frame any thing soon either though...lol I like the shop really makes things much nicer and gives me the ability to tackle much larger repairs than i could otherwise. of course the cost of the shop does kinda kill a lot of the cost savings of doing your own repairs but for me its as much a time stand point as it is for cutting overhead. and also gives me a secure place for parking equipment as well as even doing person repairs and hobby stuff. I don't think i could go back to not having a shop. -
I don't think in terms of hourly pay, I think in terms of annual earnings. I cleared 50k this last quarter.
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I'm not sure what effect I alone have on the industry,.. but I absolutely loath moving cheap freight. I try not to DH too much if I dont have to. If nothing in a 150mi radius,.. I sit for a day or two. When that doesnt pan out I'll broaden the radius rather than pull a load at $1.50 mi. This drives my carrier bonkers. My dispatch in particular becomes distressed when I am not under a load. LOL.
Hurst:smt111 -
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