Rate per mile question..

That's why I said it depends on his cost per mile. That's how he or anyone else can know whether it's 'good money' or not ! He shouldn't be asking that question here because we can't answer it !!!!

 

Absolutely right on. If you don't know what your costs are, how can you begin to judge whether a given rate is profitable or not? A driver with no truck note may find $1.65/mile to be totally adequate, while another with a new truck payment may be on bankrutpcy's doorstep.

 

Exactly ! He must know his cpm however a good number today would put the tractor HUB at $1.65 and that is COST. Now we need 35% for a sustainable profit and 12% ROCE so $362 / 220 = $1.645454, His costs are met but he has no profit or ROCE.

Why do I need profit? How will I ever expand without it?
Why do I need ROCE ? How am I going to buy a newer tractor when this one wears out?

Anybody? Anybody ?

 

Your right I talk to guys all the time that say thay just make enough money to pay there bills have no savings no money put aside.What do you do when you need tires or you have a brake down? Your truck will not last for ever if your working and cant save any $$$ your going under day by day and dont even know it

I had a call yesterday one of my buddys works with a guy that is in a bind for money his truck has been in the shop alote over the last year had to do a inframe 6 months ago and had to borrow the money than the cluch went out after that thay but the trany in wrong and fokked up the tranny so 3 weeks ago he put a rebuilt tranny in it and cant pay his bills and has to sale the truck $3,800 this week my buddy told me!
Going to look at it here in a few

 

Ok.....
Let's make this simple....

Some can drive for as little as $1/m and do well...

Some can take a load for as "much" as $2.50/m and still lose money....

Before you get a load..You need to know a few things first....
There are "fixed costs" like your HVUT, Insurance premiums, even the mortgage on your equipment.....
Then there are "variable costs" as in fuel, and tolls....

You also have to factor in your wage as well...

You have to get to a B.E.P. or "Break Even Point" which includes your salary...Salary btw..is not "profit"......

Your B.E.P. is everything you need to make to justify taking a load....

You also have to consider that every lane is different...


A load to Denver from Fontana, CA is going to cost you more in fuel and wear and tear than a load from say Houston, TX....Despite the fact that the distances are approximately the same for each lane.....

Because of the fact that going from Fontana to Denver includes crossing several mountain passes...
Whereas, Houston to Denver is a relatively flat run...

The key is to know your costs and then know the costs of each load before you say yes to a load...

 

Yuppers... but you get some of that back going down the reverse slope.

The grades just aren't as prominent as Denver - Fontana. Houston: elevation, 55 feet. Denver: elevation 5280 feet. It tends to come in bunches that doesn't do much for fuel economy on the northbound run.

Absolutely!!!

 

Yes and no....Getting out of Denver metro requires some good forecasting.....I usually book a load up and back before I leave to go anyway....

Right....My rig loaded can get 7.5 or better on flat ribbon...But going up Vail through Georgetown...Uh....No......

 

I've got one that's settling down above 7.5 mpg. We're always heavy coming out of TX to Denver, and even at best I don't expect that. It looks flat, but there are sections that really aren't.

 

Running from Houston to L.A. on the 10 has some nice grades too....