Why you'll go Bankrupt hauling around $2 a mile loads

Appreciate your breakdown but I don't think the majority of O/O are paying 750/week for their truck AND only getting 5mpg @ $7.65/gal. Not saying they don't exist but I think your breakdown would benefit from assuming most O/O paying 750/week for a truck are probably getting closer to 6.5-7mpg in a <5 year old truck.

Edit, also that insurance rate is insane. 52x410=$21300. That might be the rate for a new brand new entrant in a place like Florida but I think the average is probably closer to 15-16k for a first year and significantly less once you get 2-3 years in.

 

I’ve found if you’re up front about your expectations of what you want from them and are honest about how you prefer to run then time off is a non issue. Last year when I was done at the end of October I left the trailer at the yard and bobtailed home, but I was going to be parked until I put my new truck on the road. When I’ve taken 1-2 weeks off at a time I’ve never gotten grief from them about having a trailer with me and I’ve never been charged trailer rent on the weeks I’m not working. I do usually offer to drop the trailer I have at a customer that’s a couple hours away and I’ve always been told to not worry about it.

 

the only way that number works is if @ $7.65 the truck avg 5mph...!!

 

All these numbers are like politicized surveys. Skew em whichever way you want to make your point.

I'll deliver tomorrow morning for another 15k$ gross week on 3888 total miles.

 

I usually don’t post this stuff here because just like above someone will always say you’re lying about something. Here you go, 4087 miles. After percentage, after trailer rent, and after fuel has been deducted that’s 1.88 per mile to my truck. Revenue to my truck after their percentage was 2.53

 

Since there are a lot of posts breaking down expenses in this thread I guess I'll add to it. Purchased all my equipment and became an O/O with authority October 2021.

Truck 2017 t680 midroof isx15 - paid off

Trailer 2021 fontaine revolution flat - paid off

Insurance $10,200/year and gets paid in full to get the discount (was about 11.5 my first year if I remember correctly)

Accounting $1200/year (yeah, I'm an idiot)

Load board ITS $972/year

Truckers path, youtube premium, pandora, audible subscriptions $720/year

Tolls, average $4200/year

KeepTruckin ELD $280/year or near that I don't remember and don't feel like looking up the exact amount over +-50 bucks.

Government red tape/hut/piss test consortium etc $1800/year and again I don't remember the exact amount I pay for registration and everything else off the top of my head.

Maintenance and repair roughly $20000/year

So about $39372/year to run my operation not including fuel. I run about 120,000 miles a year and get about 6.5mpg. Probably missed a thing or two but my numbers will be pretty close for my operation. I should probably start working on my own truck more to get that cost down but I already eat and breath this #### so I've got to draw the line somewhere.

Edit: I intentionally didn't put my average rate per mile because it doesn't matter. Everybody's will be different.