Running With Watkins & Shepard

Hey guys I got this info off a Central driver. It is his pay stub and breakdown as an owner operator. I thought you guys would find this interesting if not be able to use some of the info so that you can start practice running as an O/O. I think in another 12 months Chralb might be ready to make that leap and possibly some of you other guys. Check it out:
Here's a breakdown of one of my recent paystubs (pre-tax earnings) as an o/o. There are two checks here for one week. The second check was for doing some extra crap for my DM on one of the loads. Also, my fuel expenses were higher than what I want. I run solo and don't do all that much special. What you're not seeing is the following week after the checks below (last week) which was a bad week. I ended up doing close to two 34s last week. So some of the following plus some of this current week has to make up for the bad week. I thought I'd share so others can see what an o/o breakdown looks like realistically. I've been able to have these checks at least 3 of four weeks a month and a third that is somewhere between $300 - $700 unless they keep me rolling hard. The problem is the balancing act - keeping enough money in the bank to buouy the bad weeks. And just for reference, the following is not indicative of what you will make as a l/o or o/o. There are a ton of variables in the mix here so your experience may vary (hopefully better as I believe my experience is relatively mediocre)
------------
CHECK TOTAL: $1230.24

TOTAL
Load Truck Origin Destination Milestype Miles Rate Amount
6142682 11068 GOLDEN , CO HENDERSON , CO E 24 85.50 20.52
6142682 11068 HENDERSON , CO AURORA , CO L 18 85.50 15.39
6145925 11068 AURORA , CO GOLDEN , CO E 22 85.50 18.81
6145925 11068 GOLDEN , CO ALBANY , GA L 1515 85.50 1295.33
6146869 11068 HODGKINS , IL TRENTON , OH E 282 85.50 241.11
6146869 11068 TRENTON , OH GOLDEN , CO L 1154 85.50 986.67
6151102 11068 ALBANY , GA ABINGDON , VA L 459 85.50 392.45

TOTALS:
3474
$2970.28

DEDUCTIONS/REIMBURSEMENTS f

Load Type Description Memo Balance Original Earnings/
Deductions Reimbursements NonTaxable
Deductions
B 401k 401k -0.0
6142682 D State Road and Fuel Taxes -0.22
6142682 D Maintenance Reserve -0.36
6142682 D State Road and Fuel Taxes -0.29
6142682 D Maintenance Reserve -0.48
6142682 D Hired Unloading proau -170.00
6145925 D Gal: 50.0 11068 HENDERSON CO -144.86
6145925 D Fees: 11068 HENDERSON CO -0.07
6145925 D Gal: 62.0 11068 SALINA KS -178.61
6145925 D Gal: 90.1 11068 OAK GROVE MO -252.60
6145925 D Fees: 11068 OAK GROVE MO -0.34
6145925 D State Road and Fuel Taxes -0.26
6145925 D Maintenance Reserve -0.44
6145925 D State Road and Fuel Taxes -18.16
6145925 D Maintenance Reserve -30.30
6145925 D Gal: 50.0 11068 CHRISTIANA TN -137.75
6146869 D Gal: 50.0 11068 HEBRON IN -140.06
6146869 D State Road and Fuel Taxes -3.38
6146869 D Maintenance Reserve -5.64
6146869 D Gal: 50.5 11068 RICHMOND IN -141.96
6146869 D Gal: 40.0 11068 TROY IL -121.09
6146869 D Fees: 11068 TROY IL -0.34
6146869 D Gal: 100.0 11068 HIGGINSVI MO -276.25
6146869 D State Road and Fuel Taxes -13.84
6146869 D Maintenance Reserve -23.08
6146869 D Gal: 60.0 11068 COLBY KS -173.97
6151102 D Gal: 50.0 11068 ALBANY GA -138.87
6151102 D Misc: 11068 ALBANY GA -9.00
6151102 D Fees: 11068 ALBANY GA -1.00
6151102 D Gal: 40.1 11068 FAIR PLAY SC -108.39
6151102 D State Road and Fuel Taxes -5.50
6151102 D Maintenance Reserve -9.18
D Central Leasing Excess Mileage 64.93
D Central Leasing Excess Mileage -33.78
D iel truck: 11068 -565.00
D qualcomm truck: 11068 -22.78
D maintenance truck: 11068 -50.00
D performance truck: 11068 -50.00
D physical truck: 11068 -64.62
D occupational_ins truck: 11068 -32.31
D non_tractor_ins truck: 11068 -5.77
D tax_att truck: 11068 -16.00
D heavy_tax truck: 11068 -10.58
D prepass truck: 11068 -2.31
6142682 E Fuel Surcharge - Owner Op 5.60
6142682 E Minimum Move - OK TO PAY 4.09
6145925 E Fuel Surcharge - Owner Op 472.68
6146869 E Fuel Surcharge - Owner Op 358.89
6151102 E Fuel Surcharge - Owner Op 143.21
6142682 R Hired Unloading - Lumper 170.00
984.47
170.00
-2894.51

Totals: 3954.75 170.00 -2894.51
Taxable Earnings: 3954.75
Reimbursements: 170.00
Deductions: -2894.51
Check on 2010-10-27: $1230.24

CHECK TOTAL: $207.9

Load Type Description Memo Balance Original Earnings/
Deductions Reimbursements NonTaxable
Deductions
B 401k 401k -0.0
6145925 D State Road and Fuel Taxes -2.16
6145925 E Rate Adjustment - Owner Op 153.90
6145925 E Fuel Surcharge - Owner Op 56.16
210.06
0.00
-2.16

Totals: 210.06 0.00 -2.16
Taxable Earnings: 210.06
Deductions: -2.16
Check on 2010-10-27: $207.90

Wherever you see D gal that is a fuel stop.
Keep in mind roughly 1800 miles a week is your break even point, any miles after that is where you start to make money.
Hope this help guys!

 

no harm no foul with cpape maybe it came across wrong just was having some fun. I am happy to read you you are getting good miles. I am still on my AZ-CA run 400 a day but local and extra perks are good.

Keep up the good work, sometime when you are through AZ let me know.

 

I've been to that Pilot there in FW, Chris. I'd say it's one of the nicest (and biggest) Pilots I've ever seen, fairly new from the looks of it. I was there during NASCAR weekend, and got a couple of pics of the haulers fueling up there before they got to the track, which is right down the road. Oh, that Miller plant, you'll see how big it is....drop trailer on one place, and pick up the loaded one about 1/2 mile away....Nice talking with you the other day. Take care and stay safe out there.

Oh, one more thing, Miller won't tell you your weight, axle or gross, so you'll need to hit that Pilot to scale. I've picked up loads there 2 times, and had to go thru the scale a couple of times to get the tandems right...as you know, beer loads are always heavy

 

Hey Chralb im thinking about going to watkins and shepard my friend is over there right now but i was just curious as to what you think about them and how the 10 day training is. I had a bad experience with werner and i really need work so if you could let me know that would be great.

 

Wouldn't it be better to ask your friend how he likes it?

Just start this thread from the beginning, lots of info on the 10 day course. Check out Cage and American Trucker's threads as well. Lots of info to read.