I agree that the CRE company trucks are governed to 60-63. It may be the same for the leased trucks. I don't know. However, many of the trucks that the Independant Contractors have, go faster.
It's not really a big deal because even if you have a faster truck like mine, you really can't use it due to high fuel cost...
REYJAC
C.R. England and Sons, Inc. - West Valley, Ut.
Discussion in 'Report A BAD Trucking Company Here' started by toorollingstoned, Sep 27, 2005.
Page 89 of 114
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4,000 x .90= 3,600. Loaded miles
500 x .80 = 400. Empty miles
4,500 x .42 = 1,890. Fuel rebate
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Gross. 5,890
(4,500 / 6.68) x 3.79 = 2,553. Fuel cost
.01 x 4500 = 45. Fuel tax
.05 x 4500 = 225. Maintenance holdback
.14 x 4500=. 630. Variable mileage charge
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Total variable cost. 3,453
600. weekly truck payment
162. weekly insurance
46 weekly permit cost
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808. Total fixed cost
Total weekly income $1,623
Total annual income $84,396
I can easily do the numbers above at 4,500 miles. Since you can't, you are either on the wrong fuel plan or you are driving in circles...
REYJAC -
I am sure its posted somewhere in all the CRE posts, but what is the variable mileage charge????
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If you drive your fancy truck to much they charge you extra
Then they tell you the great secret to making money is miles,miles,miles,miles,miles,miles,miles,miles,miles, 34 hr restart at home,miles,miles,train,miles,miles,miles
Never understand the concept of work 4 times as hard to make the same money most others doizifaddag Thanks this. -
Never mind ... found it. You seem to have left that out of your equation. So another 540 at .12 mile added to your varible. Take that away from your net $1,623, your real net is only $1,083
2800 x .92= 2,576. Loaded miles
200 x .81 = 162. Empty miles
2800 x .44 = 1,232. Fuel rebate
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Gross. 3,970
(3,000 / 7.1x 3.85 = 1,626. Fuel cost
Fuel tax is included w/pump price
.10 x 3000 = 300. Operating reserve - I have access too these funds anytime for any reason
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Total variable cost. 1,926
515. weekly truck payment
117. weekly insurance
0 weekly permit cost
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632. Total fixed cost
Total weekly income $1,402 ... running solo
Total annual income $73,605 - Actual weekly average to date 73,605/22= $3,345 with 24 days off ... 15% off the above example
By the way your actual weekly average to date is only $3,836. 35% off of your example that you can "easily do" ... but appearently rarely do.Last edited: Jun 12, 2011
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That blows my mind also that you have to pay them to train someone for them.
Rollover the Original Thanks this. -
Wanna really have an aneurysm?
They charge the guy your paying to train like $3000 too -
Ah but they are such a "top notch" company. . .
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Is that the sight adjustment you make when acquiring............
Oh wait sorry wrong boardBig Don Thanks this. -
So, on 4500 miles, we get a $1,083 net? Sounds amazing close to what I was saying...EXCEPT we forgot to take out the HUGE amount of workers comp insurance I had to have on my wife. $212 per WEEK.
I'm done here. You folks be safe.
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