Profitable # $1.30 cpm avg - 2k miles a week! - Disprove It!

Sounds like a plan.

 

when you get into reefers then you have reefer fuel anywhere from 10 - 25 gallons a day depending on the product temps and your unit , washouts, and all the other maintenance that goes with it on top of other expences

 

I think you have refuted your own numbers. By the time you add in your refer fuel taxes and food for on the road you would be down to almost nothing.

Is that amount of money worth being away for days or weeks at the time? I look to pay myself $1500 per week and any over that is profit for the truck. BUT, my truck and trailer is paid for and I have medical for my family through the military.

I think you could probably do better leasing on to a small company who has some dedicated customers. They might could get you out then you would only need the load boards to get back in or they may have a dedicated route you could run. If you find one that will allow you to find your own loads it would give you more flexibility. I work for one that will let us and we have no forced dispatch on the o/o.

As someone else stated, you may have problems with a new MC number just finding a broker that will work with you.

Also, did you consider the 40 to 60 day wait for some of them to pay. At the kind of pay you would be making, one broker or company who doesn't pay, Let's just use $2000 for example, would take your salary away for a month. In times like these this will happen sooner or later.

I know I am new to trucking, I started out as an o/o leased on to my brothers company. We are a small company (15 trucks, 9 are o/o) but with his contacts we have been able to stay busy. I'm sure that if any of us were making these kind of numbers we would find other work. His company drivers are taking home close to double that after taxes...

It is just my opinion that the ones running for these kind of rates on a regular bases (or for their average) will eventually put themselves out of business either by having a non-payer, or a major breakdown that is not coverd under warrenty or even somthing that happens at home. This is not a profitable rate, it is a road to bankruptcy. When all the ones accepting these rates go broke the industry will improve. The sooner the better.

 

I don't pull a dry van never have and i would never pull a reefer, i have a flat, loboy and a landall. I have a base of customers that some times can keep me very busy, do use a loadboard at times NEVER pull for C. H. Are these rates at a 1.10 to 1.30 standard for dryvan. If so maybe you would be better off with another type of trailer, and in time get your own customer base?

 

The deadhead miles are way low in your calculations. The paid miles for the loads will generally be off by 10% each haul, then you may travel several hundred miles to pick up the next load. You also have to consider home time, where you may also travel several hundred empty miles.

Don't forget about holiday weeks, like Fourth of July, Thanksgiving, Christmas, ect. These are times you may not be able to work at all. You will also want to be home some for vacation during the year, and you can count on days, or weeks, of breakdown time.