average per mile

Discussion in 'Ask An Owner Operator' started by Oilfieldmike, Apr 26, 2015.

  1. Long FLD

    Long FLD Road Train Member

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    As others have said, everyone's business model isn't the same. It's up to you to figure out what you need and what works for you. You can go broke just as easy sitting and waiting for a $2 a mile load as you can hauling $1.10 a mile ones all over. You need to find out what your cost per mile is and look big picture to put stuff together.

    As an example, last week I bounced 360 miles to help a friend who was short trucks, I hauled two 90 miles loads into an auction barn. I did it because I called a connection I had and lined up a 180 mile load that had a 140 mile bounce but it emptied right where he could reload me with calves back to KS. I knew what everything was paying and I knew it would work before I committed to either of them. I grossed $3750 on 1592 total miles because I didn't let the bounce to do 2 short loads scare me.

    I guess that's mostly a long rambling way to say you need to figure out what works for you and what doesn't.
     
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  3. sshewins

    sshewins Road Train Member

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    Lots of variables to learn. What area are you looking at running? Out an back or wherever the loads take you? Are you looking for dedicated work? Regional?

    Like said earlier, now that you have your own authority, you HAVE to know ALL your costs. Break them down to per mile. Include everything. Breakdowns, tires, PM's, everything. Don't forget to include YOURSELF. You have to pay yourself. Add it all up, and that's what you have to make.

    Don't forget that you will have to be flexible at times. I'm trying to run out a little further and see how it goes. But I'll probably just go back to running from Chicago to Houston and back.
     
    Last edited: Apr 27, 2015
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  5. Oilfieldmike

    Oilfieldmike Medium Load Member

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    All good advice, thanks for your posts.

    I am free to roam anywhere. my experience 10 years ago just staying on the easy coast gave me an insight to what is out there. I was grossing around 6000 then. 25 percent went to the carrier that handled all the paperwork and let me use their authority and insurance.

    My goal is 10000 per week. I can go anywhere at anytime and stay our months at a time.

    I do have a second truck and my driver needs to back in florida every 2 weeks. Looking at truckers edge , they provide a average if you search between cities. The average to go to the northeast from Florida was 1.84, going back to Florida is 2.35. I remember reading a thread where it was estimated to cost 1.80 per mile to run a truck driver included.

    Until I get some more data, I won't know the cost per mile on the truck just yet. It will be different for me since I'm slow, I like to go 55 when I can, my apologies to those that have to go around me on roads with 75 MPH limits. My driver is new so I do not know his driving habits just yet, but from what I gathered from his 20 year experience and interview is that he is interested in keeping the truck nice and not abuse it.

    So is it possible to run anywhere and be able to average, say, 2.50 a mile?
     
  6. TaylorMade407

    TaylorMade407 Road Train Member

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    $10000 a week gross between two trucks is doable. Like others said your expenses is what's key. I gotta guy in my neighborhood that pulls reefer with his own authority who said I can run under his numbers and use his customers and brokers as much as I want and could make $5000 easy running NE but I hated doing reefer so I'm gonna pull a skateboard. His method is using the loadboard as his last resort. He just uses brokers and his customers. He said most of the time they're calling him everyday with loads.
     
  7. sshewins

    sshewins Road Train Member

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    A good reputation is priceless, it will be like word of mouth here.

    10000 a week is a good goal. Honestly, I don't know if thats realistic or not. I pull a tank and unless everything lines up just right, there's no way I could hit that goal every week. Maybe close to that every other week, but not every week. I definitely am hoping that you can, that's for sure. (cause then I might bug you about working with you)
     
  8. Oilfieldmike

    Oilfieldmike Medium Load Member

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    Reputation and reliability are the two things that will set you apart from the 1000 other truck companies out there.

    A broker or customer wants to be able to make one call and not worry about the load, shippers the same.

    10000 a week is doable, if I could average 30000 a month per truck I'd be golden.

    I just spoke with a dispatching service that will help find the loads and do all the paperwork for 65 a load. I think that is definitely worth it. I can mix that in with loads I find myself.

    Anyone is welcome to come run under my numbers as long as you don't kill my CSA score
     
  9. sshewins

    sshewins Road Train Member

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    What kind of freight are you looking to move?
     
  10. Oilfieldmike

    Oilfieldmike Medium Load Member

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    Just start with general freight
     
  11. sshewins

    sshewins Road Train Member

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  12. Oilfieldmike

    Oilfieldmike Medium Load Member

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    Dry van, start out simple
     
  13. sshewins

    sshewins Road Train Member

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    Almost forgot. I had a customer that I 'made it happen' for. When I quit the place I was leased to, the customer tracked me down (reputation). We negotiated a descent rate. Soon they had extra work that they couldn't cover. I stepped up and they knew what I was capable of (reputation). Gave them a good rate, because I treated them the way I wanted to be treated. Then their corporate side showed up (greed). I tried calling them. Left messages. Nothing. Two weeks later I told them I was done. They played me. But, I still got the last laugh (usually, he who laughs last thinks slowest, but not then). Saw their driver at the loading rack. The other company's driver hadn't delivered a load in a week. I was doing 2 a day.

    Moral of the story, this is a business, nothing personal. Either way.
     
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