My further misadventures at Trans Am

Discussion in 'Discuss Your Favorite Trucking Company Here' started by truckermario, Apr 6, 2012.

  1. truckermario

    truckermario Road Train Member

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    A much better week, but not really. I had some airheaded planner arrange a swap on me at the last minute. A driver was going to take my load to "save it", which he wasn't going to do anyway, and it was a drop and hook, and I was going to get his leftovers, a 300 mi run that delivered the day after. Really screwed up my week.:biggrin_25523:

    Total empty miles: 637
    Total loaded miles: 1719
    Total miles: 2356
    Revenue: 1979.04--84 cpm

    Fuel Surcharge: 220.32
    Fuel Surcharge: 389.23
    Fuel Surcharge: 157.24
    Fuel Surcharge: 323.85
    Total fuel surcharge: 1090.64--46.3 cpm

    Total revenue: 3069.68--130.3 cpm

    Reimbursement: 155.00
    Lumper charge: 155.00
    Reimbursement: 35.00
    Trailer washout: 35.00
    Reimbursement: 50.00
    Lumper charge: (Where did it go?)

    Charges

    Lease payment: 117.80--5 cpm
    Weekly lease payment: 580.00--24.6 cpm
    Breakdown insurance: 7.50--0.3 cpm
    Physical damage: 125.00--5.3 cpm
    Occupational accident: 26.54--1.12 cpm
    Bobtail insurance: 6.47--0.27 cpm
    Apu: 45.00--1.91 cpm
    Accounting service: 17.00--0.72 cpm
    Accident deductible: 100.00(only three more of these)--4.24 cpm
    Buy down insurance: 19.85--0.84 cpm
    Fuel optimizer: 3.00--0.12 cpm
    Highway Use Tax: 10.58--0.45 cpm
    Prepass: 3.40--0.14 cpm
    Satellite: 15.00--0.63 cpm
    Fuel Tax: 23.56--1 cpm
    Performance escrow: 25.00--1.06 cpm
    Leasing escrow: 25.00--1.06 cpm
    Maintenance reserve: 94.24--4 cpm
    T Chek processing fee: 1.70(can't forget this:biggrin_25526:)--0.07 cpm

    Total charges: 1246.64--52.9 cpm

    Fuel expenses

    Effingham IL DEF: 14.26--0.60 cpm
    Fort Wayne IN: 451.95
    Antioch TN: 354.26
    Effingham IL: 189.40
    Nashville TN: 171.91
    West Memphis AR: 40.02
    Prescott AR: 84.46

    Total fuel: 1306.26--55.4 cpm
    Adjusted fuel bill: 215.62--9.15 cpm
    Adjusted fuel price per gallon: 215.62/345.63=$0.62 per gallon

    Amount earned: $566.78--24 cpm

    Meh. This could've been better had I been more careful on the fuel. I also got $50 extra from that reimbursement that didn't have its associated T chek process yet.
     
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  3. Jakethebrake99

    Jakethebrake99 Light Load Member

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    Chump change. There is no way I'd be an "owner operator". You worked too hard for that. How many hours did you spend in your rig last week? Is that gross, before your tax liability?
     
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  4. windsmith

    windsmith Road Train Member

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    NEPA
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    Yup, time for the 14 day notice.
     
  5. 123456

    123456 Road Train Member

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    :biggrin_25513:



    at least it's not negative......
     
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  6. JohnBoy

    JohnBoy Road Train Member

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    Lake Worth, FL.
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    Sorry, I still don't see the advantage of doing a L/P deal. I've been a company driver since 1980 and after all these years I've had but 3 jobs. My American dream was to buy my home, establish my retirement fund and continue to contribute into it, put 3 kids through college, travel overseas and finally start a business 10 years ago, build it up successfully, then sell it after 7 years for a sizable profit, all while being a company driver. As I travel these highways and see where the price of fuel is going(up) and freight rates not adjusting enough to compensate for the increase, owning a truck is not my idea of the American dream.

    I applaud you for doing your record keeping down to the penny, at the end of the day you still worked for .24 p/m while someone else's truck was being paid for off your back. All these outfits that advertise a L/P deal in my humble opinion are all the same, they get their truck paid for off your back and you can't even afford to live.
     
    Last edited: Apr 6, 2012
  7. truckermario

    truckermario Road Train Member

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    They were wrong. My biggest expense isn't fuel. It's my #### truck payment. I'm getting less than 70 cents per gallon, for crying out loud. When was the last time fuel was 70 cents a gallon?

    C.R. England has a fuel cap of $1.25
    Hirschbach advertises one of $0.99

    If only it was possible to have the truck payment tied to how much money you save in fuel.:biggrin_2559:

    I do like this T700, though. Should I do a four year bad marriage and then own this b***h?:biggrin_25526:
     
  8. Jakethebrake99

    Jakethebrake99 Light Load Member

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    In my opinion, you should consider becoming a company driver when possible. I gross 1200/week, on average, where I work. There are good jobs available if you are selective, and have a good work/driving history. I am constantly reading about owner/operators getting the shaft by the major carriers. Time for drivers to just say no.
     
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  9. Panhandle flash

    Panhandle flash Road Train Member

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    Oklahoma City
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    Thought the 700 was a 5 year lease plus, you still have to pay the balloon payment at the end and that will take another year or so.
     
  10. truckermario

    truckermario Road Train Member

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    It had fours years left. The lease completion incentive is paid based on what's on the odometer and can be used against the balloon or taken as cash if you don't want to buy the truck. The rest of the balloon can be financed if you don't have the money to cover it.
     
  11. Jarhed1964

    Jarhed1964 Road Train Member

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    Charlotte, NC
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    Good post, but to be honest, ALL companies are paying off their truck on the drivers back. If a carrier buys a buttload of new trucks, they gotta put them to work, even with company drivers, otherwise their investment just went into the crapper. Wheels not moving, nothing to justify their payments. So, whether you lease or not, that payment has to be made. Either by you through the carrier as a LO or by the carrier directly.
     
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