2018 Coming To An End...A Year In Review

Discussion in 'Ask An Owner Operator' started by Scooter Jones, Dec 7, 2018.

  1. SteerTire

    SteerTire Road Train Member

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    That’s hella good IMO. It’s always good to see someone that does well in that corridor. All I ever hear are negatives. But, those people are generally from the Midwest or East, trying to go back.

    Nobody considers the short game it seems.
     
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  3. Scooter Jones

    Scooter Jones Road Train Member

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    Yes, it's a tough corridor for sure. The short game can be challenging, especially for someone who is not proficient with bookkeeping and being organized. You're juggling a lot of different things at the same time. I enjoy it though LOL
     
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  4. Scooter Jones

    Scooter Jones Road Train Member

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    Okay, I figured since my work year is officially over, I'd polish up my initial numbers.

    I just ran an annual report from my logging software. I'm done for the rest of the year, so the numbers are accurate. Dry van operation in the PNW I-5 corridor only, all spot freight.

    I'm right at 200k revenue for the year. Out of the logged 69,543 annual miles, at least 4,000 of those are pc miles too. Many of those 213 "worked days" were also days when I was back home in my own bed for the night.

    One of things I determined when I got into this as an owner operator was I was not going to be like a migrant worker who follows the harvest. Home time is a high priority for me. Being an owner operator has it's responsibilities, however, there should be a reasonable amount of privilege that goes with it, in my opinion, of course.

    It can be done...

    I cropped out my name on the report so as not to incriminate myself LOL.

    2018 Mileage Report.JPG
     
  5. 86scotty

    86scotty Road Train Member

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    Very nice! I didn't match you but I think one thing a lot of people on here don't think about is cost of living wherever you happen to live. For where I live, I did amazingly well (IMHO) at about $1.95/mile all miles for my first 6 mos. authority. Do the math on 50,000 miles for this 6 mo. period and there's my gross. I doubled, almost tripled my income from a big company I spent 25 years with before OTR.

    I chose to run hard the last 6 where I don't have to run in bad weather this winter. I'll get motivated more in the Spring. For now I'm going to follow the weather and work 4 days/week.

    Like you Scooter, my focus is getting everything prepaid and saved for this coming year. So far maintenance fund is at $30k and I'm 1 month ahead on fixed costs. Paying the truck off this year is my biggest goal, I should be ahead like you by next year at this time.

    Here's what I love about having my authority. Planned this past week to be home this morning, today being Friday the 21. Done for the year. Not headed back out until Jan. 2 at least. No running around in holiday traffic for me.
     
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  6. Scooter Jones

    Scooter Jones Road Train Member

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    Good for you! Cost of living is an important factor, for sure. I bought and remodeled a home 15 years ago here in S. Oregon when I was still in the contracting business. It is a beautiful home on 2 acres in a very nice location. I have no interest in living anywhere else. Been there, done that. Our house payment (PITI) is $1,100 a month. We own our cars out right and no other debt.

    We are surrounded by our children & grandkids. So, I'm not going ANYWHERE! :)
     
  7. TallJoe

    TallJoe Road Train Member

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    4K for Personal Conveyance! How's that even possible? Going back home from receiver on PC? Heck, if I could do it legit I'd log it too and then I'd beat you on it easily but I have to go to my parking area (terminal) not adjacent to my home place...so I log it as line 4 thus increasing my DH miles. Just interesting to see that much PC.
    Of course, I can only guess that gross and the rate per mil numbers are superior to most of us - solo independents with a dry van. Congrats! I could learn from you...
     
  8. Scooter Jones

    Scooter Jones Road Train Member

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    I've been known to exercise pc very liberally ;-)
     
  9. DieselDrivinDaddy

    DieselDrivinDaddy Light Load Member

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    God created personal conveyance for us to use as we please.

    I won’t let Him down.
     
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  10. Vic Firth

    Vic Firth Road Train Member

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    I’d be pleased with those results Scooter! Congrats
     
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  11. Midwest Trucker

    Midwest Trucker Road Train Member

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    Decent. Quit being so girly about home time or better put a driver in your truck.

    Seriously though congrats and you have a solid business model.
     
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