The real cost of trucking, from all the owner/ops seat

ihaveaquestion · Jan 24, 2024

gokiddogo said: ↑

I only billed out about 65,000 this year and drove a little more than 15,000 miles. The 65k is cdn$ so I managed to buy a couple happy meals along the way.
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So then you have no complaints

ihaveaquestion · Jan 24, 2024

Kenworth6969 said: ↑

We at the point now with the rates that two pilot pizzas per day is the breaking point to put you out of business
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DAAMN. (kdot voice)

Long FLD · Jan 24, 2024

ihaveaquestion said: ↑

after that thread lol, I’m gonna have to be an accountant for drivers, so I’ll have to budget in a 2-3 year projection GOAL, with a rolling two week notice. Where drivers are scheduled 10 days at a time for loads this way somehow there’s no lag time or idle sitting around BS. PLUS they can schedule easy time off but aware of all the production so it’s a WIN-WIN-WIN for all including the country and industry.

with the notion primarily predominantly factored in that “what’s pretty much every truck drivers dream? Own their own truck, schedule their year out, happy to help and be paid for services rendered.”

so math is, straightforward brutal blunt honest, simple strategy math of a basic set up, in alignment and adjustable with markets conditions

5 trucks/trailers

5 drivers (partnerships & teams don’t work unless married or something so just 5 drivers)

Each truck needs say 150k miles a year to stay busy rather than idle or too much down time

Trucks gotta make over $2.00 a mile, or else driving, booking, moving around is pointless. IF truck makes $3.00 a mile awesome but economy is doing well

5 trucks, 150k miles @ $2.75/mile = over $400k gross annually per one unit.. so $400k time 5 units = $2 million gross

Hey driver what makes you happy?

Driver says $150k salary I’ll pay my taxes

Okay well expenses are this & that do you want the deduction incentives?

Some drivers say sure I’ll take the deductions

Okay use your fuel card

some drivers say you can have the deductions I need a fuel/maintenance card.

Okay here’s a fuel card

Operation: let’s make the most of it.

Carriers profit off the unit hopefully makes 5% profit. BUT all that matters is driver made the most everyone did their best for the driver to make the most for taking all the risk & driving.

Driver goes to pay taxes with the 1099 sch c misc all properly detailed “HONESTLY & CORRECTLY” for the IRS - so they don’t annoy the driver or the carrier which perhaps maybe theirs. Driver also shows the IRS not only the 1099 sch c, but the ELD log book, all the bols whole year of production supportively. End of the day, Homie is a superstar, made $400k to the truck, low idle times, good maintenance intervals, no tickets/accidents/claims, don’t even gotta say thank you to anybody just enjoys his career helping companies. Maybe the driver walks away with $140k or more after taxes, but the formula is all worked out. So whether by mile, by hourly, by percentage, by tonnage, by whatever blah blah.. drivers just cool runnings smooth with it, living the dream, making the most out there where they could technically die at any mile or minute in a split second accident..

Then times that but a whole league of drivers.. just doing their own thing some are doing it right now, some field of dreams on a mission, some just wanna be a company drivers.. it’s up to them really… it’s not like someone has a thumb over them yelling at them to illegal drive out of hours or some BS we read about.

So real the idea is make, someone sit down, and make a company that makes owner/operators and rebuild true independence “selflessly”… that owner operator somehow makes a team of drivers that work for them. Awesome Help them too… in the end they all deliver for America “house always wins”

Any mega carrier desk sitter can go get a CDL and drive before they wanna yap some advice, if they don’t have a million+ miles BETTER GO GET SOME, other than that no respect by default or care even if it’s a good luck; especially after the last 25 years of BS, since the dotcom y2k boom.. its actually - Crazy how an industry… - that’s so simple is somehow so messy and full of fraudsters, scammers and clowns galore. So I’ll attempt to help drivers achieve their dream of ownership & will at least I tried or someONE did something.
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That’s a lot of typing to pretty much ignore a couple simple questions. So I will ask this: how do you plan to push your trucks down the road 150k miles a year when you won’t have the ability to force dispatch?

ihaveaquestion · Jan 24, 2024

Long FLD said: ↑

That’s a lot of typing to pretty much ignore a couple simple questions. So I will ask this: how do you plan to push your trucks down the road 150k miles a year when you won’t have the ability to force dispatch?
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Yeah they take a looooong time to count on the dock…might have to start loading and unloading the trailer since half the warehouse workers on probation or work release… might even be high

i’m not only a driver I am a broker purposely on the low… so maybe can give a better offer.. so brokers should go get a CDL and start driving (highly doubt they EVER will).. “ha-ha ha-ha” (soft laugh off)

gokiddogo · Jan 24, 2024

ihaveaquestion said: ↑

So then you have no complaints
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No..? Am I supposed to?

ihaveaquestion · Jan 24, 2024

gokiddogo said: ↑

No..? Am I supposed to?
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No you don’t

and did you know that it’s a-okay to not even be happy or unhappy
person can just be content in their life just as they are individually.. one could be chillin all day, all year… smooth with it and that’s what makes them live.

gokiddogo · Jan 24, 2024

ihaveaquestion said: ↑

No you don’t

and did you know that it’s a-okay to not even be happy or unhappy
person can just be content in their life just as they are individually.. one could be chillin all day, all year… smooth with it and that’s what makes them live.
Click to expand...

Yep, exactly.
Ever ponder the cost to run 187,500 (1,500,000/8) miles a year? (Not talking about the cost measured by the bank account)

Ridgeline · Jan 24, 2024

ihaveaquestion said: ↑

so math is, straightforward brutal blunt honest, simple strategy math of a basic set up, in alignment and adjustable with markets conditions

5 trucks/trailers

5 drivers (partnerships & teams don’t work unless married or something so just 5 drivers)

Each truck needs say 150k miles a year to stay busy rather than idle or too much down time

Trucks gotta make over $2.00 a mile, or else driving, booking, moving around is pointless. IF truck makes $3.00 a mile awesome but economy is doing well

5 trucks, 150k miles @ $2.75/mile = over $400k gross annually per one unit.. so $400k time 5 units = $2 million gross

Hey driver what makes you happy?

Driver says $150k salary I’ll pay my taxes

Okay well expenses are this & that do you want the deduction incentives?

Some drivers say sure I’ll take the deductions

Okay use your fuel card

some drivers say you can have the deductions I need a fuel/maintenance card.

Okay here’s a fuel card

Operation: let’s make the most of it.

Carriers profit off the unit hopefully makes 5% profit. BUT all that matters is driver made the most everyone did their best for the driver to make the most for taking all the risk & driving.

Click to expand...

Your numbers sound great on paper but reality is ... it won't work.

150k a truck.

As a fleet owner, you don't think in terms of miles, to be exact you don't want that mentality with the drivers.

The rest you can figure out.

ihaveaquestion · Jan 24, 2024

gokiddogo said: ↑

Yep, exactly.
Ever ponder the cost to run 187,500 (1,500,000/8) miles a year? (Not talking about the cost measured by the bank account)
Click to expand...

when you pull that off in a week, solo, lmk

ihaveaquestion · Jan 24, 2024

Ridgeline said: ↑

Your numbers sound great on paper but reality is ... it won't work.

150k a truck.

As a fleet owner, you don't think in terms of miles, to be exact you don't want that mentality with the drivers.

The rest you can figure out.
Click to expand...

it’s just a plan to make the Driver a owner of the truck with the title in their hand, their own authority, as fast as possible by math

it doesn’t mean that they have to do 150,000 miles in a year

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