Any money to be made?

Discussion in 'Ask An Owner Operator' started by onedayaway, Jun 28, 2011.

  1. BigJohn54

    BigJohn54 Gone, but NEVER forgotten

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    It sounds too low on the expenses to me. My projected costs for a lease operation is 1.30 CPM. Wait, maybe we are close. I consider wages as part of costs and I include income taxes.

    Have you checked your PMs.
     
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  3. onedayaway

    onedayaway Light Load Member

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    Maintenance, pm, and tires are in with the variable costs at the rate you suggest of .175/mile (.10/mile major, .05/mile tires, 0.025 pm)

    Truck payment and insurance are in my fixed costs.

    That's where they should be correct?

    For what is matters rates with fsc this month for rocky mountain doubles (53, 500kg max gross) $1.88/mile and turn pikes (63,500kg max gross) were $1.94/mile
     
  4. onedayaway

    onedayaway Light Load Member

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    Yes, mine with wage and what i would expect to pay for income tax on my personal wage would be $1.39/mile
     
  5. G/MAN

    G/MAN Road Train Member

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    You are right, insurance and payments should be part of fixed costs. If you think you will be mostly pulling heavy haul your fuel costs will likely be higher. Your haul rates should also be higher when you get into more specialized loads.
     
  6. onedayaway

    onedayaway Light Load Member

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    Yup like I said first 12 months with be regular weights 1.30/mile for tandem and $1.33/mile for tridem. Plus fsc of course.

    After that I'll be required to do my LCV training company paid.
    $1.30/mile tandem
    $1.33/mile tridem
    $1.45/mile rocky *a-train* 118,000lbs (long box+single axle coverter+single axle pup)
    $1.50/mile turnpike *a-train* 140,000lbs (long box+single axle coverter+long box)

    + fsc on all rates. Not to say they couldn't go up or down by then.
     
  7. G/MAN

    G/MAN Road Train Member

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    OK. I would take another look at your fuel consumption, even on the lighter loads.
     
  8. onedayaway

    onedayaway Light Load Member

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    Even running completely empty 40% of all miles
     
  9. G/MAN

    G/MAN Road Train Member

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    Most people to whom I talk with who own W900's get about 4.5-5 mpg. I had a Peterbilt that never got more than 5 mpg loaded or empty. Part of the problem is that flat hood and the air filters. It catches a lot of wind resistance. Some people feel that the lower fuel economy is worth it. I prefer the higher mpg.
     
  10. onedayaway

    onedayaway Light Load Member

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    The price just happens to be right on the truck, but I figured w/ a pre emissions detroit 60 series and a max of 62mph 6mpg average would be fairly easy based on the line of work.

    Our t800 day cabs with isx 485hp (egr & dpf) , no aeros, 18 speeds, 3.91, dual exhaust, dual external air cleaners, non aero mirrors, and heavy duty ali arc bumpers average 5.0mpg pulling turnpikes at a gvw of 63500kg.
     
  11. G/MAN

    G/MAN Road Train Member

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    You could have the seller or a garage to connect to the truck's ECM and check the current fuel consumption. The truck's computer won't be as accurate as checking the odometer, but should give you a ballpark on the fuel mileage. Keeping your speed down should help your mileage and if you are deadheading 40% that should also help keep fuel mileage up. When I am calculating my operational costs I always go with the lower fuel mileage. My trucks get over 6 mpg, but when I do estimates, I use 5 mpg. There are times when fuel mileage will be low due to where you run and what you haul. A load could be light, but catch a lot of wind. I had an over sized load on my truck a few months ago. It only weighed about 20,000 pounds, but it was 13' wide and 10' tall on the trailer. That put me at 13'6" tall. The piece was also designed in such a way to create a lot of wind resistance. Running in the western U.S. will usually result in lower fuel mileage than some areas of the eastern U.S. due to the mountains and wind.
     
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