Leased O/O's, what are your stats?

Discussion in 'Ask An Owner Operator' started by istumped, Jan 17, 2021.

  1. chimbotano

    chimbotano Heavy Load Member

    705
    985
    Apr 21, 2013
    0
    1000miles =$4,000 (reefer)
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Evil_E

    Evil_E Heavy Load Member

    789
    530
    Nov 25, 2011
    Dexter,MI
    0
    Wow...is your overhead that high or are you trying to get rich?
     
  4. p608

    p608 Road Train Member

    2,181
    2,988
    Nov 10, 2016
    0
    Depends on your lease, if they pay plates, tolls, ins., IFTA etc. all or part of that changes your overhead and what kind of revenue you have to generate.
     
  5. Evil_E

    Evil_E Heavy Load Member

    789
    530
    Nov 25, 2011
    Dexter,MI
    0
    Your correct. I have a new truck, I can run at 1.50 mile and still be profitable...but then again...zero deductions(other than fuel) is a beautiful thing
     
    Bladshel and p608 Thank this.
  6. runningman0661

    runningman0661 Road Train Member

    4,785
    13,015
    Mar 5, 2009
    Clover, South Carolina
    0
    You think fuel is expensive now? Give it 6-9 months after this new administration takes over, you’ll be wishing for the current fuel prices.
     
  7. bzinger

    bzinger Road Train Member

    16,185
    62,446
    Dec 10, 2014
    omaha , ne
    0
    Amen ! ...glad my truck is within 5 months of paid for and have been leased to my carrier long term and done them a good job with very little crying.
    When the herd thinning comes the problem children will be the first to go .
     
  8. TallJoe

    TallJoe Road Train Member

    7,490
    16,266
    Apr 12, 2016
    Chicagoland
    0
    I am among the people who don't get it...Where is that sustainable minimum 4 dol per mile freight, what trees does it grow on? Yeah, I can see it here and there every now and then... not for too long...never for too long for sure.
     
    MTN Boomer and bzinger Thank this.
  9. p608

    p608 Road Train Member

    2,181
    2,988
    Nov 10, 2016
    0
    Years ago I had a KTA 600 Cummins, it got 2 to 2.5 mpg, I had a buddy that had one and he said he was getting 4.5 to 5 mpg. One day I was at Cummins and the factory rep was there, I explained my situation and he explained I wasn't doing what my buddy was, I said what's that? he replied lying. same thing with year round 4 dollar freight IMO
     
    MTN Boomer and bzinger Thank this.
  10. 8thnote

    8thnote Road Train Member

    1,980
    3,686
    Aug 12, 2013
    Chattanooga, TN
    0
    I work with O/Os and L/Os on a daily basis and see I know the rates they are getting, because I'm the one that negotiatesthe rates on their behalf. Delusion is strong with many of these folks. Its hilarious how quickly "one time I pulled $4 per mile freight" turns into "I only pull $4 per mile freight" when they are talking amongst themselves.
     
    MTN Boomer, p608 and bzinger Thank this.
  11. TallJoe

    TallJoe Road Train Member

    7,490
    16,266
    Apr 12, 2016
    Chicagoland
    0
    I would not be in a deep disbelief by someone saying they're are grossing $400 000 per year on 100 000 miles, still in some disbelief nonetheless. But it is one thing to be exceptionally fortunate, business skilled or one way or another capable but another to sound like it is a norm everybody else should comply with.
     
    p608 and bzinger Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.