Quotes 911

Discussion in 'Ask An Owner Operator' started by jackjohnson, Mar 23, 2012.

  1. MNdriver

    MNdriver Road Train Member

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    because I don't like taking business expenses out of the household budget.

    Failing to plan for them means you fail in business.

    Estimate your costs low enough long enough and you go upside down....

    HARD.....


    It's road time. HAGD all...;)
     
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  3. jackjohnson

    jackjohnson Bobtail Member

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    so what are realistic costs of operations and expenses and etc. and also how do you know what profit margins to increase or decrease. i want to be able to know if im getting screwed on a run or not.
     
  4. US MARINE

    US MARINE Heavy Load Member

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    According to these guys ...90%. Of guys are getting the shaft

    I've done just fine paid a truck off in 2 years
    I've got health care I buy ( 316.00 a month ) BCBS 2,500 ded
    I work about 3 weeks take a week off
    I avg roughly ..1.61 a mile

    So I guess my model sucks ...
    But I assume it works just fine considering I run a debt free biz

    If your running van - good luck getting those 1.90 -2.10 rates consistent
    Reefer rates ??
    Flat ??
     
  5. US MARINE

    US MARINE Heavy Load Member

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    E health insurance is where u can get health coverage
     
  6. fortycalglock

    fortycalglock Road Train Member

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    Experience. Once you determine your fixed costs, you know what price is your bottom line. It should be somewhere between $1.40-$1.70 depending on driver pay, trailer etc. with today's fuel costs. It could be much higher if you have a truck payment, don't take advantage of fuel discounts, etc.
    The real challenge is figuring out where to run. I take it you have absolutely no freight already, which is a bad way to start a business. The best paying loads you'll see on a load board go to places that are cheap or impossible to get out of. You have to figure out what works for you.
     
    US MARINE Thanks this.
  7. US MARINE

    US MARINE Heavy Load Member

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    Holy ... Crap

    Did I not say 1.43-1.53 Depending on wage ?

    He specifically asked what his cost was I broke it down for

    Truck then truck .. Plus wage
     
  8. US MARINE

    US MARINE Heavy Load Member

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    And he never said nothing bout a trailer
     
  9. US MARINE

    US MARINE Heavy Load Member

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    My break down was TRUCK
     
  10. fortycalglock

    fortycalglock Road Train Member

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    I highly suggest to any new o/o or those considering it to take some business classes. Learning terms like ROI,APR, etc and how to actually calculate profit, employee expenses, etc can only benefit them.

    I've seen much worse averages pulling vans and I've seen much better as well.

    Did your business model factor in replacing worn out equipment since I've seen you're looking at newer trucks? Or is your debt free biz not going to be debt free anymore? If more o/o would think like business person instead of a trucker, we wouldn't have to fight for a decent rate nearly as hard.
     
  11. fortycalglock

    fortycalglock Road Train Member

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    My quoted response was to him and his post. It had nothing to do with you!
     
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