Flatbed O/O come in. load rate discussion

But you’ve paid everything else ?

 

in Canada you will never make money with your own truck

 

1.62 mile.. averaging 12k miles a month... so $19.5k a month
So depends what your payments are. EG: a 2017 Volvo will run you around $80k on a 5 year loan is about $1.6k a month @ %6.9. $45k for your flat deck on a 4yr is ~$1.2k so your payments should be around $3k depending your equipment cost. Meaning without Maintenance your pulling $16.5k a mo. Lets say you put aside $4k a month for maintenance leaving you will $12k take home. Your incorp. so you should have an accountant doing your taxes to maximize write downs and minimize taxes.

$145k take home per year? I'd say that's decent, not great but decent. You can make more hauling someone else's trailer.

edit: maintenance was a pure guess, I'd have to pull reports to get a better sense of the maintenance per mile cost and calculate that way.

also keep in mind once your payments are done, you can increase your take home, but you'd also have to increase your maintenance cost as equipment ages. Additionally, instead of increasing take home, I would start saving to reduce payments when you upgrade your equipment. Potentially selling your old to offset the cost of newer. and being payment free with assets on newer equiptment. At that time I would increase my take home as my maintenance would again be reduced, and you'd have more time to contribute less $ for new equipment.

 

Ok figured out maintenance costs. Looking at 0.21 a mile so 1.41 = 17k a month - 3k for payments = $14k take home a month. $168k a year.

 

That's BS. Lots of very successful O/O's in Canada. If your not making money your doing something wrong

 

I can haul it cheaper...

 

$3,55 was my last load out of Florida