Truckers Report Jobs

Find Trucking Jobs

Company Driver Company Driver Dry Van Dry Van Flatbed Flatbed Refrigerated Refrigerated Specialized Specialized Owner Operator Owner Operator
More Trucking Job Searches ⌄ Fewer Trucking Job Searches
⌃

Three years of own authority costs combined.

Discussion in 'Ask An Owner Operator' started by TallJoe, Dec 25, 2019.

Page 1 of 15
  1. Dec 25, 2019 #1
    TallJoe

    TallJoe Road Train Member

    7,490
    16,266
    Apr 12, 2016
    Chicagoland
    0
    2017-219 (three years of my own authority costs)

    Total Mileage: 275 788 (92 000 miles per year average)
    Loaded: 249 559
    Deadhead 26 229

    Fuel: $117,310.11 (gal: 43,406 Avg Price: 2.70, cost per mile 0.43)
    Maintenance: $54,308.48 (cost per mile 0.20)
    Truck Payment: none (paid for before 2017)
    Trailer Loan: $20,380.15
    Tollways: $23,934.77
    Insurance: $34.031.01
    Licenses&Tax: $12,851.58
    Parking: $10,552.21 (stationary parking lease + prime parking when OTR)
    Scales: $ 879.50
    Office Expenses $6,986.79 (here come computers, load boards, ELDs)
    Fees & Intersts: $7,516
    Communication: $6,400
    Other: $1,177.03

    Total: $288,611.63 -- avg: $96, 204

    cost per mile 1.05 (before I pay the driver or myself)

    Considering all the costs involved, in order for the whole venture to make a financial sense 5K - 6K gross is a must! Or grossing well over 200K a year. And that's by running less than 3K miles per week. Anything else is a shortfall, which is not the same as failure but the reward is too small for all the risk and effort input.


     
    TallJoe, Dec 25, 2019
    TallJoe, Dec 25, 2019
    #1
    Mattflat362, kenn2632, feldsforever and 23 others Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

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

  3. Dec 25, 2019 #2
    Bakerman

    Bakerman Road Train Member

    4,663
    8,806
    Jan 27, 2013
    Phoenix, AZ
    0
    Are you driving or do you have a driver?
     
    Bakerman, Dec 25, 2019
    Bakerman, Dec 25, 2019
    #2
    Upinsmoke Thanks this.
  4. Dec 25, 2019 #3
    blairandgretchen

    blairandgretchen Road Train Member

    12,048
    60,659
    Dec 9, 2011
    South west Missouri
    0
    Thanks for sharing real numbers.
     
    blairandgretchen, Dec 25, 2019
    blairandgretchen, Dec 25, 2019
    #3
    kenn2632, Cabinover101, Upinsmoke and 2 others Thank this.
  5. Dec 25, 2019 #4
    HillbillyDeluxeTruck

    HillbillyDeluxeTruck Road Train Member

    5,769
    29,473
    Mar 3, 2013
    San Antone
    0
    The only thing that doesn't jive for me is the over 10k for parking. That blows my mind. O couldn't imagine $1000/yr in parking, let alone 3x's that.
     
    HillbillyDeluxeTruck, Dec 25, 2019
    HillbillyDeluxeTruck, Dec 25, 2019
    #4
    kenn2632, crocky, Cabinover101 and 4 others Thank this.
  7. Dec 25, 2019 #5
    Accidental Trucker

    Accidental Trucker Road Train Member

    3,088
    6,624
    Jun 4, 2015
    0
    Thank you, but even if you don't have a truck payment, your depreciation of the truck is a real cost that should be included.
     
    Accidental Trucker, Dec 25, 2019
    Accidental Trucker, Dec 25, 2019
    #5
    Upinsmoke, daf105paccar and ulenie Thank this.
  8. Dec 25, 2019 #6
    Spyro2112

    Spyro2112 Medium Load Member

    567
    381
    Mar 17, 2018
    0
    That's STUPID 33 GRAND out of your pocket
     
    Spyro2112, Dec 25, 2019
    Spyro2112, Dec 25, 2019
    #6
    Upinsmoke Thanks this.
  9. Dec 25, 2019 #7
    DUNE-T

    DUNE-T Road Train Member

    6,384
    15,005
    May 10, 2015
    Detroit, MI
    0
    He lives in Chicago. You won't find a space for less than $150 per month to park
     
    DUNE-T, Dec 25, 2019
    DUNE-T, Dec 25, 2019
    #7
    alds, feldsforever, Upinsmoke and 1 other person Thank this.
  10. Dec 25, 2019 #8
    pavrom

    pavrom Road Train Member

    3,026
    6,876
    Apr 29, 2012
    NE illinois
    0
    At 60090 zip people pay $350 per month and there is waiting list
     
    pavrom, Dec 25, 2019
    pavrom, Dec 25, 2019
    #8
    blairandgretchen, Upinsmoke, stillwurkin and 1 other person Thank this.
  11. Dec 25, 2019 #9
    ulenie

    ulenie Medium Load Member

    319
    198
    May 24, 2018
    Houston, TX
    0

    Great post. A good example of what should be shared here. But what did you gross? And what was the gross cpm?
     
    ulenie, Dec 25, 2019
    ulenie, Dec 25, 2019
    #9
    Cabinover101 and Upinsmoke Thank this.
  12. Dec 25, 2019 #10
    xsetra

    xsetra Road Train Member

    4,928
    6,588
    Aug 21, 2011
    0
    Not a stupid expense if it's required to efficiently operate the business.
     
    xsetra, Dec 25, 2019
    xsetra, Dec 25, 2019
    #10
    alds, DangitAJ! and Upinsmoke Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

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

    • Page 1 of 15