I read the mega quarterlies in the trucker mag and they're all hovering around 90% +/-....so I applied their formula to my business....to see what I'm doing........ and guess what? Mine is in the mid 60's...hmmmmm
Did I do something wrong ? hit the wrong key ? Nope.....
So why is expert mega carrier up in the 88 to 90% range and I'm in the mid 60's? Is that 25% ate up with mega manager salaries?
What should my numbers be as a o/o ?
Operating ratios
Discussion in 'Motor Carrier Questions - The Inside Scoop' started by chalupa, Feb 22, 2012.
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Yeah, about that. It's a moving target. My dog is old so it's always something but that's my avg for 2011.
Again, if mega carrier is so smart then why is his o/r 30% higher than mine? Where's the money going ? -
As a single pony operator your expenses should be much lower.
Companies with thousands of trucks will generate millions in profits per year on just a few cents per mile and save thousands on trucks, fuel, and parts.chalupa Thanks this. -
Brick & mortar is expensive.
So is having 2.5 to 1 (or greater) trailer to truck ratio.
Also don't forget those CEO, and other big wig salaries.chalupa Thanks this. -
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Why not? He should be better than me in any arena imo. The only thing he can't do that I can is treat a driver fairly....( he doesn't know how and doesn't care to learn )
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So do you figure full wages,employer portion of taxes,comp,umc,medical benefits,cost of new equipment(new not used)?
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Yes...cost of my equipment...not new but yes, everything. I don't have medical either.
Why would I add in a new truck pricing for ROI ? I don't have one...... If I did then I would..... -
Then it's apples and oranges. Leave the wages out and it will be better yet.
LSAgentOZR Thanks this.
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