How to figure out the break even point?

How long have you been booking and billing your own loads for?

 

There still will be posts telling you, if you don't know, you're not ready yet lol. Nobody is ever ready if you ask questions on this site. Just wait, the know-it-alls will be along soon.....

 

Not to sound mean but you haven't got it figured out yet?

You are obviously above what your break even point is.

 

It only matters in figuring out if you have enough data to make the calculations.

That being said: All truck expenses, including - but not limited to - fuel, HUT, maintenance, repairs, taxes, driver pay (you gotta pay yourself something, somehow), insurance (truck, cargo, medical/dental/life - if your business model pays that, otherwise include that in your driver pay, OCC - if you use it), tolls, any fees incurred (lumpers, EFS charges, etc). Add all that together. Divide by number of miles. That's what it takes to run your business.

 

Actually they do know what they're talking about, most of them anyways. It's just that they don't won't give guidance to guys trying to better themselves. It's like they are the only ones smart enough to own their own truck. If someones mind ventures into the entrepreneurial section of their brain, and posts here to find more info they will be shut down, and sometimes ridiculed for being uninformed and not smart enough as they are. They ALL forget, they were green at one time, and someone mentored them at some point.

 

Break even per mile = Expenses / miles