Some numbers for new O/O

Yeah I was leased on for 13 years and for 12 of those the only boss I answered to was ME. I guess if you don't trust your leased operators to set up with brokers, negotiate with them, or even find their own customers on your MC then yep they only answer to you. I was trusted to do those things even if I was too lazy to bother. Nobody ever told me who I could or couldn't work with or what I had to do. The only restrictions they ever placed on me was if it was somebody that wasn't creditworthy which was for obvious reasons. I was given the tools to check credit plus common sense who was or wasn't worth a ####. That's not to say leasing on was good. It wasn't. Independence might have been better but who cares anyways? If you're not going after your own customers and running their freight versus running brokered or your carrier's you're ####ed anyways. Driving and booking freight are the insignificant parts of the business.

 

My point was we anre always working for someone. We are in the service industry. We work for those that pay our invoices. Without our customers, we will be sitting at a truckstop or fishing on a lake somewhere. The moment you forget that is the moment your potential and growth will slow. Don’t believe me, submit a proposal to a customer, be awarded a lane, then tell them you can’t pick up the load cause you got tickets to the Redwings game on Thursday.

 

Hard to find much information/resources online. I'm trying to find out some yearly numbers for O/Os that drive straight truck, dump trucks. Quad axle, tandem etc - whatever. Just trying to see all deductions/income etc. Hoping someone has some sort of excel sheet! (Class B!) - edited: Should include that I'm talking about the guys who typically go and grab some material (dirt/rock etc) from an excavating company. No quarry-type stuff.

Thanks!

 

Hey I was looking for a post exactly like this. I am looking at going out on my own and was trying to break down the numbers. Mine are certainly different than yours so I was wondering if you could help me straighten them out or at least tell me where I am going wrong. I figured everything out at 150k miles per year. Fuel @ $4.00 per gallon @ 6mpg. Tires $10,000 per year. IFTA .34 cents per mile (national average). Insurance $25k for new authority. Trailer rental $840 per month. Maintenance $10k per year. Registration $3500 per year (truck and trailer). Pay 65k per year. DEF fluid $2000 per year. Basically IFTA and fuel are $1.00 per mile. That's before expenses. After everything I came up with $2.15 per mile to break even. Loads aren't even averaging that right now by the looks.

 

The pump price includes the fuel tax. Smart buying, you don't owe or owe little in ifta.

 

150k miles a year is nuts. As a owner operator, you need to be thinking the most revunue you can get on the least amount of miles. Get out of the chasing miles mentality.

 

Please explain. I'm sorry I don't understand. You have to pay the amount at the pump correct? Then pay in to the state for miles driven in each state correct? I was a company driver so I didn't get into this part.

 

That's less than 3000 miles per week. I was going off what I was doing as a company driver. Just thought it would be about the same.

 

If you buy fuel in the state you're operating in, you've already paid the tax.

 

I paid a little over $3300 on DEF last year doing a tad over 80k miles. Your projection of $2,000 for the year needs to definitely come up a couple grand atleast ( every truck is different in consumption ) certainly not a HUGE expensive but, it still comes off the bottom line....

Not to mention,

Seems the price of DEF is continously going up like everything else, wouldn't be surprised by next year if it's $5.00/gal.