Based on 2500mi/wk, the cost of all expenses is ~$1.50 per mile, right?

NO NO NO NO NO!!!!

Fuel prices, just like spot market prices are SUPPLY AND DEMAND, not some collusion of higher forces! Everyone on this forum agrees that we are all just subjects to the whim of supply and demand - however that's calculated. [ / sarcasm]

 

I am a firm believer of supply and demand being a decisve factor on the spot market. However, I'd like to eliminate as much of the parasitic element from the spot market as possible - that is excessive brokers' greed. This way the supply and demand elegance would acquire purer form.

 

"We"?
Your referencing yourself in Plural is a sign of insecurity.

 

It is also worth noting that the cost per mile has only a retroactive element. In a way, you try to forecast your future income based on your costs from the past. It is a significant flaw. For example, If you had recently an inframe for $30K there is no use to incorporate that info in your current costs per mile. Also, the mileage itself is subject to change: for example this year I'll have driven about half of what I did in 2021.

Therefore, I do agree that cost per mile has only a limited meaning that is useful for nothing else but some statistical comparisons.

It is way more important to know your current overhead and then be able to calculate what profit that next booked load will render after fuel, tolls, perhaps scale tickets, and planned truck wash or trailer wash-outs. For example, my monthly overhead - when all fixed costs (recurring and annual) are combined and divided by 12 is about $1400. So whether the truck runs or not, this much I need to pay on average every month. All the rest is dependent on your personal preference as to what portion of the income you need to allocate for the truck replacement/maintenance fund and for private life. If the truck replacement is secured already then that much more flexibility in deciding how lower than what may be considered by others as unacceptable, you can afford to go.

 

No I agree with you about being easily able to get your own cost per mile. I’m just saying what someone else claims their per mile cost is, is something that only applies to the numbers they wanted to include in the calculation. So one guy could say his is 1.40 per mile and one could say he won’t get out bed for less than 2.60 because that’s what his break even cost is. But in reality they both could get a 2000 mile load for $2.80 per mile and profit the same because you can’t compare expenses unless everything is based off the same variables.

 

It takes so much effort to beleive in a nefarious shadow government, why do you need to layer a race on top of that?

The world is run mostly by selfish petty and shortsighted beurocracy, that its directed somewhat by the extremely wealthy is not some revelation, but again, its quite a stretch to say theyre nefarious instead of also being shortsighted and petty, in a word, stupid, much like your comments here

 

Ah, thanks for clearing up how to create a rate for me, you just take SOME expenses, then.... multiply by 2.16 to 1.91 to arrive at.... another number for rate per mile based on... more miles than i want to run, and also assuming a nebulous $ target unstated...

And no, if you hadnt guessed. that is clearly a preposterous way to do things, go away

 

Its a crucial error because NOT thinking that way you can trick yourself into undercutting yourself. If you have never made a mental math mistake, good on you, but im human, i made that mistake yesterday morning, today, tomorrow etc etc

 

I'd like to trust my own ability to grasp the entire cost gamut. I don't need a technicality such as treating thinking of my own pay as an expense. if others do it, that's all right, there is absolutely nothing wrong with that at all. I just don't see any point to do it for myself.
Practically, it means, that I pay as little wages to myself as I reasonably can, and all the rest stays in the business account. Whenever I need more then I draw dividends.
When booking a load, I think ahead of time, about what that load would leave me after fuel and if that number could incorporate enough portion of my overhead and my own personal needs.