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My journey with a.c.t

Discussion in 'Discuss Your Favorite Trucking Company Here' started by full moon, Jul 2, 2012.

Page 12 of 15
  1. Aug 3, 2012 #111
    full moon

    full moon Light Load Member

    201
    28
    Dec 10, 2010
    0
    Some leases are 3.5 also . You manage your money you can make it .Definetly need a budget plan tho. My current profit and loss statement have me averaging .53 a mile
     
    full moon, Aug 3, 2012
    full moon, Aug 3, 2012
    #111
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  3. Aug 3, 2012 #112
    BlackLions

    BlackLions Road Train Member

    1,002
    217
    Feb 4, 2012
    Everywhere...Midwest and South
    0

    If you're paying 23% in taxes, uncle Sam sure loves ya! You can manage to do under 12-15%. I know guys that pay 5-7% after deductions.

    Lease or owner operator isn't for everyone, that's why a lot of lease drivers fail. Some people just can't manage the money/business side of it and they just work the company side of it with no headache (and less $$).
     
    BlackLions, Aug 3, 2012
    BlackLions, Aug 3, 2012
    #112
  4. Aug 3, 2012 #113
    Drifter42

    Drifter42 Hopper Heartache

    2,141
    3,838
    Dec 4, 2011
    Seymour IN
    0
    23% is a bit much, like BlackLions said, 15% is more in line. 20% is a good percentage to CYA, better to have a little too much than not enough.
     
    Drifter42, Aug 3, 2012
    Drifter42, Aug 3, 2012
    #113
  5. Aug 3, 2012 #114
    Drifter42

    Drifter42 Hopper Heartache

    2,141
    3,838
    Dec 4, 2011
    Seymour IN
    0
    Now that 20% I put back is to hopefully make sure I have enough to cover quarterly. If it's less, that's even better.
     
    Drifter42, Aug 3, 2012
    Drifter42, Aug 3, 2012
    #114
  7. Aug 3, 2012 #115
    BlackLions

    BlackLions Road Train Member

    1,002
    217
    Feb 4, 2012
    Everywhere...Midwest and South
    0
    Exactly... I do the same but should see a nice return in the end.
     
    BlackLions, Aug 3, 2012
    BlackLions, Aug 3, 2012
    #115
  8. Aug 3, 2012 #116
    azcardnlz

    azcardnlz Medium Load Member

    418
    168
    Oct 4, 2006
    Indianapolis, IN
    0
    I set aside 10% of the gross, and pay 25% of what last year's total tax was. The rest stays set aside until my taxes are done. I hang on to every penny I can until the very last minute.
     
    azcardnlz, Aug 3, 2012
    azcardnlz, Aug 3, 2012
    #116
  9. Aug 3, 2012 #117
    full moon

    full moon Light Load Member

    201
    28
    Dec 10, 2010
    0
    Got a load from georgia to Kansas . Load delivers on Monday . Today is friday , doesnt look like im gonna be able to drop in the yard, no freight in Kansas to load over the weekend . So looks like ill be baby sitting this one .
     
    full moon, Aug 3, 2012
    full moon, Aug 3, 2012
    #117
  10. Aug 7, 2012 #118
    full moon

    full moon Light Load Member

    201
    28
    Dec 10, 2010
    0
    Delivered my load from Georgia Monday . No loads available so i get another day off . Been off since saturday afternoon. Preplanned on another load from Kansas to ohio picks up tuesday delvrs wednesday . This load will give me 560mi on Wednesday . So far avg 9.0 mpg for the week but that will change this load his heavy bales of scrap paper .

    Last week I purchased 195 gals of fuel . Cost 792 dollars My loads weighted approx. 53540lbs. My total miles for the week was 1529. I Had a short week do to time off total of 6 days.
     
    Last edited: Aug 7, 2012
    full moon, Aug 7, 2012
    full moon, Aug 7, 2012
    #118
  11. Aug 8, 2012 #119
    full moon

    full moon Light Load Member

    201
    28
    Dec 10, 2010
    0
    Made my delivery to ohio .

    SHIPPER 41860lb(mpg 9.1 45mi deadhead) Live load
    RECVR (mpg 8.6 560 loaded) Live unload
     
    full moon, Aug 8, 2012
    full moon, Aug 8, 2012
    #119
  12. Aug 11, 2012 #120
    full moon

    full moon Light Load Member

    201
    28
    Dec 10, 2010
    0
    Made my delivery to Ga on thursday. Tried to deliver early that was a no go so i sat from thursday noon till friday 0830.

    Shipper 10250(mpg 9.0 164mi deadhead)
    Recver (mpg 9.2 587mi loaded)
     
    full moon, Aug 11, 2012
    full moon, Aug 11, 2012
    #120
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