Lowering Running costs

ADP?

Seriously?

How many employees you have - 25?

Try Paychex or some other service if you have employees. If it is you and your wife, then I would just write myself a check and that's that.

 

My fuel cost were .34mi in 2015. But i drive like i got miss daisy with me. 2010 cummins 13sp 3.55 gears. could do better 3.25 for sure. Sorry im probably 1 of those drivers in your way. but it saves me alot. APU helps to. Gotta love them super single. Took mine of lost 1 mpg. now im only getting 8mpg. gotta work hard for that

 

First let's get this out of the way. Anything after actual truck expense is called profit not wages. I don't believe you talked about that but someone will/has.

Current fuel cost is much lower. We have guys fueling around $1.30 in some states. But that depends on lanes but still anything these days pushing $2 average is high.

You are competing with people that are running a real cost (not fairy's and pixie dust budgets) of less than $.80/mile. We have been pushing our O/O's to really get to understand their true operating costs, daily fixed costs and what they need to support their home life and make all their baby mamma payments. A lot are coming in at the low $1 range. Expenses and profit.

At those rates I can run someone into ANY market and bring them back profitable.

Please do not mistake these minimum profits with what I think that they need to be running at to make the risk of being an O/O worth it. But this is a business and as such we need to look at the long range and historical numbers. 2014 was an anomaly. The 4-year trend has us on an increasing trend. And with significantly reduced costs we are seeing higher profits on lower revenue (Q4 reports are coming out and carrier made good money last quarter while trying to scream poverty - then why are they doing stock buy backs?)

 

I didn't mention this but if you are getting a FSC of any sort, then you have a fixed fuel costs that you can budget on.

I didn't do that, I pegged my fuel costs at $2.5 a gallon when it was going down and adjusted it accordingly when I reconciled the budget against the actual costs. Some people don't even reconcile their budgets, actually most don't but I do so I can shift profit (post costs revenue or what ever you want to call it) to other parts or off into the profit part of the ledger in order to find my true P&L.

 

How is a LLC a waste?

 

You know if you ran 120k miles a year your CPM would significantly decrease...

Not sure why O/O don't run more miles?