Breakeven
Discussion in 'Ask An Owner Operator' started by BJnobear, Sep 12, 2010.
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Truck payment?
Trailer payment?
Insurance?
Fuel?
Maintnance?
broker/load board/factoring fees?
Tires?
Driver pay?
How many miles are you going to run? Empty & loaded?
All those costs above & more are needed to figure a good estimated cost per mile. If all those costs divided by miles equals less then $1.35-$1.40, then everything else is profit. -
That is already calculated. I was wondering if that range was normal or not.
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Uh, what was the question again ??
Was it good rates, or break even ? -
with current fuel prices, i fall in that range.
but keep this in mind, you dont wont to haul all your loads at breakdeven. it takes cost plus. -
How many miles in a week are you figuring that on?
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Les, if your asking me i est. 107k / yr.
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I was asking both of you. Thanks
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You have to know what your cost per mile is before you can determine if $1.35 is an appropiate rate for yourself. If your cost per mile is $1.25, Then $1.35 would be profitatble to a point. If the load is right there next me, I'd haul it. But if I had to deadhead 400 miles, then that load would no longer be worth it & will not go on my trailer.
But I don't expect you to listen to me. And you will most likely follow my path to failure. The difference would be that I saw the doom & gloom, & fixed my issues. You not knowing anything about the O/O side won't see the warning signs & keep barrelling off the cliff! -
Sorry, what I meant was that range is where the calculations say I would need to be to breakeven. Obviously I would look for $1.60+ loads. Or is that considered "Cheap Freight"?
I actually have built a MS Excel spreadsheet to calculate all of this. I just don't have an idea of what the actual freight rates are running at anymore. I would be happy to share it with ya'll (that way you can tell me if I forgot anything...). Just PM me! (I think I can PM now...)Last edited: Sep 14, 2010
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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