How Much Would You Make From This Run?

That is $1.89 a running mile. If you can't make money on that, you are doing something wrong.

 

I have to agree tho, are you bringing home $1,400 a week after all your deductions and taxes as a company driver??? If so, then i would not even think about changing a thing.

As for the other run, if you can get the truck for cheap enough, then you can make it.... might not be the best, but it's do-able.

I am on a dedicated run going 2,600 miles a week and I get $4,000 flat rate for each turn I do. I am averaging 7mpg and after my fuel (avg $1,500wk), insurance ($15wk) and plates ($50wk) I bring home $2,400 each week in my pocket. Now my truck payment is $300wk and that includes my physical damage ins. Then I put $250wk into my maintance account and another $250wk away for taxes, $35wk for phone and $100wk for misc stuff (both my maintance and misc stuff have seperate accounts at my bank and are around $10k each right now)........ so that leaves me with $1,600 to pay the hnousehold bills, gas, food ect ect.

 

Thanks for the clarity.

Still not a lot of money for how hard you would have to run. But I have meet a lot of O/O's that grind it out because all they know is miles miles miles.

 

If you are going to do it, you need to calculate your cost operation. I wouldn't consider it unless you could make it with one turn every other week. What happens when you need time off or break down?

You need to establish what they charge you weekly for truck payments, trailer rent, insurance, license and what they require in escrow (possibly by the mile). Also find out how long the term is on the lease purchase and what the buyout is.

 

"We" usually refers to the company your working for currently. When you become an O/O your a company all your own. So when your current company owners retire will their company fizzle out? if so what about the contracts that they run with. Most likly the other companies that your company hauls for already know of them retiring and maybe looking elsewhere for a possible replacement. You becoming your own company isnt going to promise you will have them. They may know you from that company but do not trust your company yet. Be careful. Next time you fuel up figure the cost out of your own pocket. Figure in cost of repairs youll need on that truck. How much will insurance be a month. If they go with another company after you bought all that stuff what then? Too many factors in play to give up that money to lose most of it into a truck.

 

Those who hammer their guns into plows will plow for those who do not. ~Thomas Jefferson
Hey did TJ really say that??? i kinda doubt it. show me.