I'm currently 3 months into as a leased O/O with a company hauling containers.
Here are my figures from one week in June, I made $2,795.00 with 25% FSC and drove 1,981 miles. So that is $1.41 a mile.
After fuel $939.14, plates $197.83, plate tax $47.79, Insurance $26.79, that brings me $1,583.45 or .79 cents a mile home after expense before income tax and maintenance/repairs. I take off .20 cents for income tax which brings it to .59 cents a mile on that check to use on the truck for maintenance and repairs.
That week wasn't the best on fuel mileage, I got 5.78mpg, I'm currently getting mid 6 to high 6's after figuring out how to drive my truck, but this week I did do 7.1 on the last fill up.
I do most of the work on my truck, once I get my own garage, it will enable me to be able to do more work and able to do major works on the truck.
Is $1.41 considered good for leased on operators? I feel that it is not. I was told it is good as leased on operators pay less on expenses than a independent operator with authority.
I do plan to get my authority just not soon. Maybe later in 2016.
3 months into as a leased operator, How am I doing?
Discussion in 'Ask An Owner Operator' started by Walleye05, Jul 12, 2015.
Page 1 of 2
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
After paying everything, you are payed less than a company driver. I would like for someone to show me what truckers with their own authority pay that leased operators do not. All I can think of is the UCR and 2290 fees. You pay your insurance and plates either way you go. I would say you are not in a good situation.
-
After fuel $939.14, plates $197.83, plate tax $47.79, Insurance $26.79, that brings me $1,583.45 or .79 cents a mile home after expense before income tax and maintenance/repairs. I take off .20 cents for income tax which brings it to .59 cents a mile on that check to use on the truck for maintenance and repairs.
where is the part about the wage your paying yourself ?
-
You must be doing something right. I don't see how you made it this long.
-
So by my calculations you are netting about .40 a mile. Now that's not bad but not great either. It depends do you get home every night are you having a lot of down time etc.
-
Loaded containers suck a lot of fuel especially the 20 footers you gotta set in the middle.
-
-
That .59 cent a mile figure is actually saved up not just for the truck. I do still have fun, but save most of the money for the truck in case something happens down the road.
I work monday to fridays. Have the weekend off. Downtime, only had one for few hours to get valve cover gasket replaced. That's all for now so far. Hopefully!
I just wante -
The ATA survey of their members reports that the average cost per mile to own and run a truck is $1.68/mile if you are not averaging that loaded and empty you are loosing money,
-
The ATA is a bunch of paid off idiots. Try again.ThePettyTruck, truckon, Long FLD and 1 other person Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 1 of 2