STOP TAKING CHEAP FREIGHT YOU IDIOTS!!!!!

You are still going to have to get the load count up or more loaded miles. Especially right now. The market is softening and I don’t see a hot shot averaging 4 dollars a loaded mile. I will concede that I’m not up to date with what that segment is doing, but I just don’t see it.

you now have 3.15 for your operating cost on 75,000 miles. If you bumped that to 100,000 miles you would be at 2.36. Probably closer to 2.50, but I’m too lazy to do the math.

 

i’ve got 3 accountants.
All trucking professionals, same office building, same floor.
I pay myself, leave rest in business account and don’t touch it, it pays only business needs.

I’m single member llc taxes as S corp.
Used to have another driver, but he got in bad shape with diabetes and high blood pressure and had to quit driving.
I’ve sold two trucks and still have two, one i keep as a spare that’s also Apportioned tagged.

 

Same principle. 75 loaded 90 overall or 100 loaded and 120 overall. Either way you’re part timing it. There is no reason you aren’t running 10k miles a month.

having workers comp is definitely a drain. Can you not get occupational accident instead?

 

I think it is good that you have a handle on expenses, but I suspect that with the market slowing one had better learn how to survive with a bit less per mile until things correct themselves. The market will not go below a profitable level for long.

 

Adios Amigos

Here’s you a “write off” expand your fleet.