O/O Journey, Numbers and Updates

He’s probably running “out and backs” and came home empty a lot to get his next load. It’s hard to maintain being loaded both ways, and being home every night unless you have a support truck running. Well you can’t have a support truck running if your only running one truck that’s on the money so to speak.

Running a small radius is saving a lot of insurance at least.

 

@OP I’m glad your doing well. Your numbers look exactly like I’d expect them too. I could probably guess the city you’re based out of.

Your timing was perfect but do remember it would be hard to be successful if rates hit a bad patch and especially if there was a standard 2 year downturn plus maybe an engine overhaul on top of your normal maintenance.

Right now your likely getting near round trip price of “normal times”. This is allowing you so much DH. When a load was paying $450 thats now paying 800 to $1000 then your going to be in trouble if it goes back to even $500

Keep up the great work though, these points are just food for thought. Save, save, save!

 

What he said.

If you have a steady outbound load that you can do everyday and still coming back empty for 3.50 or better on ALL miles it's worth it. 1250-1500 a day with 50% empty miles is nothing to squak at. No surprise headaches, get empty and head back to reload.

We try and keep 1 truck on something steady like that and the other truck put rounds together loaded both ways

 

Then it would be more shocking to you. I head empty since during the Pandemic my lanes disappeared going back home. I would run elsewhere but I have my customers like the OP here. I still survive.

But with paper logs a lot is possible too.
I am using e-logs. And these keep me grounded. Not possible to come early every day.

 

I don't know if we will know the rate the OP is running for.

I need to prepare taxes for next month, so I want to see how much was spent on parts and maintenance last year and maybe I will compare my numbers once I prepare the data.

 

why wait till year end tax time to figure out where we are? i hear this all the time? wouldn't we know where are all the time? take every category divide by 12 review every month

 

There is only one driver. Everything is in files. I often keep receipts in my truck or with monthly IFTA. My wife would go crazy if I would hand her every single receipt after each trip and every expense. So, these are kept in files. Then all added. No big deal. I run for myself, so I know the spendings. My wife sees the spendings. It's just easier that way for us. And nothing that way is overlooked. You would be surprised how small things add up though. It's not only the big things like fuel, insurance, maintenance. That way we're not overlooking anything. Nice deductions at the end. It's done right. And everything is categorized. And then just added into a spreadsheet. My tax accountant was impressed.

 

I understand now. I have OTR tunnel vision. Doing it so long it's about all I know and all I do. Just run the DAT Load Board all over the country. I don't limit myself to anywhere in the country (other than Florida of course) and I am out for 3 weeks, back home for one. I didn't even think about the out and backs.

 

nice, sounds like a good system