What is the minimum per mile you would run for?

Well said, how do you figure your living expense into your cost per mile?

 

Your living expenses should be in your driver pay. Whether you're the driver or you hire one, that is where living expenses go for the driver. It amazes me how many people don't realize owning a truck is owning a business. Where does an employer factor your living expenses. They don't, they pay you a wage. When you're the employer and driver, that shouldn't change.

 

Well said forty.

I've never had an employer give me a raise because I bought a new car. Or give me more money than someone else just because I have more bills than they do. It just doesn't work that way.

 

I'm curious how much of the $38k you had left after your truck expenses?

 

I am with 40cal also, I know what I need to live off of and then I added in a little folding money and that is what I pay myself. Which is very close to what I am offering to pay a driver. The remainder belongs to the company. At the end of the year I, along with my accountant decide what to do with the corporations profits to better benefit myself and the corp instead of the gooberment.
It doesn't surprise me that people run for that cheap, but it does surprise me that someone runs for that on a consistent basis and the offers others advice on how to do it. I mean really, 11 hours a day 5 days a week........... I don't give a crap if you do get home every night....that is a high price to pay for that privilege. Hope that truckers wife next door is worth all that! Lol, she must be a real prize. Then you still have all the paperwork and maintenance to do. To each his own. I am quite sure at those rates you will never run out of work.

 

Sigh, what my actual rate is $2.90 a mile for this load that I do, but because I dedicated myself on it, it takes me a total of 420 miles to complete the run, which comes out to $1.31 a mile, mty there and 15 thous. Ibs coming back, which is practically mty for mt cat with a Pittsburgh power box, at 7.1 mpg it takes 300 gallons a week of fuel, $700 a week in fuel, $2750 a week minus fuel leaves $2000, minus factoring fee that leaves $1900, split that between myself and buisness, that may be a cheaper rate than others can handle but because I choose not to give my nights up as free labor to the industry is something I will stand by, other drivers on here attack but yet they drive who knows how many deadhead miles and give up their nights as if their off time while still on a load is not worth anything. As of right now I'm making $ 18 dollars an hour, it takes a total of 50 hours to complete a trip, (I choose to make it a 55 hour week because i stop an additional hour a day and walk, fish or nap at a lake I stop at,) that may not be a lot of money to others but driving around for 8 hours listening to the radio and chilling at the dock for two more is not work to me, but to each their own....

 

I have one silly question, if your truck and trailer are paid for, why are you factoring?

 

True, I should give my buisness an extra 5 grand a year by eliminating the factoring company, thats the 1st question to me that made since on this thread, and yes I started to do that last year but decided to keep them but did get them to lower their rate from 5 to 4%...I will make it a point to look back into that...

 

I need $18/mile because i am a SUPERTRUCKER !!!!!!.....and SUPERTRUCKERS don't come cheap!!!!!

 

how profound and appropriate

guys who are being bent over by their companies love to call others "supertruckers" merely because they refuse to be bent over

o the irony