Please correct me if I am wrong but does this spreadsheet indicate it is costing you .99 a mile to operate?
Okay, I just finished up my June numbers. If you look at my personal wage & benefit cost line, you'll see my payroll cost were $0.72 per mile on my monthly miles. Which underscores my point that if a lease operator is only banking (gross profit) $0.75 per mile, they've only bought themselves a job...at best. I'm an owner operator with my own authority. I know there are guys that do much better than I do. However, if you look at my wage, benefits PLUS my business net profit, you can see comparatively that what most of the lease op companies are paying is a joke.
LTL sucks as far as i am concerned. Driving the crappy company trucks that some scumball was in the night before. Stinks and engine so freak'in weak it could hardly pull the hat off you head. City is hurry hurry hurry that was my experience 20+ years ago at CCX, Hermitage Pa. But if you love it take no offense. We all like different things. $$ may be great but not for me. Oh and all those "company" policy rules".
I definitely appreciate your reply, I am trying to figure out if this operating cost is due to fixed costs being at a higher rate due to the short time frame supplied or if that is negated by the fact most of the fixed costs should be the same on a weekly basis as annual due to the way prime break's annual fixed costs into weekly charges. I'm unsure if I'm wording this correctly or maybe not thinking it through... The reason I'm thinking this may be on the high side is because although fuel is variable with prime's fuel surcharge it should act somewhat fixed in the fact that it should be around 15cpm on the high end. So I am wondering if there was some type of repair that pushed it up to the .99cpm operating cost as opposed to what I've gathered is the average operating cost for prime inc lease op of around .70-.75cpm. Once again thanks for the reply, just trying to figure some things out.
Operating cost can be difficult to determine. I'd say that $1.00/mile would be on the low side. $1.20/mile would be a more realistic figure.
I will see if I can break it down in the next set of numbers I post, between fixed cost and fuel. Been running a bit lower on the miles have increased the fixed rate per mile. Fuel tends to remain fairly constant with fuel surchaege, although I should add we are getting short changed on the fuel surcharge by 4 to 5 cents. Been like that for years....
