Breakeven

Discussion in 'Ask An Owner Operator' started by BJnobear, Sep 12, 2010.

  1. BJnobear

    BJnobear Heavy Load Member

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    PCB, FL
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    Just wondering if 1.35-1.40/mi. is a good breakeven for flatbed owners.:biggrin_25521:
     
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  3. REDD

    REDD The Legend

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    Dueling Banjoville
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    Well that all depends. What are your costs?

    Truck payment?
    Trailer payment?
    Insurance?
    Fuel?
    Maintnance?
    broker/load board/factoring fees?
    Tires?
    Driver pay?

    How many miles are you going to run? Empty & loaded?


    All those costs above & more are needed to figure a good estimated cost per mile. If all those costs divided by miles equals less then $1.35-$1.40, then everything else is profit.
     
  4. BJnobear

    BJnobear Heavy Load Member

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    Aug 24, 2010
    PCB, FL
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    That is already calculated. I was wondering if that range was normal or not.
     
  5. dancnoone

    dancnoone "Village Idiot"

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    Uh, what was the question again ??


    Was it good rates, or break even ?
     
  6. Bigray

    Bigray Road Train Member

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    Nov 23, 2007
    Tampa, Florida
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    with current fuel prices, i fall in that range. :)

    but keep this in mind, you dont wont to haul all your loads at breakdeven. it takes cost plus.
     
  7. Les2

    Les2 Road Train Member

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    kicked back in my lazyboy...
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    How many miles in a week are you figuring that on?
     
  8. Bigray

    Bigray Road Train Member

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    Tampa, Florida
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    Les, if your asking me i est. 107k / yr.
     
  9. Les2

    Les2 Road Train Member

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    kicked back in my lazyboy...
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    I was asking both of you. Thanks
     
  10. REDD

    REDD The Legend

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    Well since you believe you should keep your numbers a secret, then it will nearly be impossible to give you an accurate opinion on your costs & your possible breakeven.

    You have to know what your cost per mile is before you can determine if $1.35 is an appropiate rate for yourself. If your cost per mile is $1.25, Then $1.35 would be profitatble to a point. If the load is right there next me, I'd haul it. But if I had to deadhead 400 miles, then that load would no longer be worth it & will not go on my trailer.

    But I don't expect you to listen to me. And you will most likely follow my path to failure. The difference would be that I saw the doom & gloom, & fixed my issues. You not knowing anything about the O/O side won't see the warning signs & keep barrelling off the cliff!
     
  11. BJnobear

    BJnobear Heavy Load Member

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    Aug 24, 2010
    PCB, FL
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    Sorry, what I meant was that range is where the calculations say I would need to be to breakeven. Obviously I would look for $1.60+ loads. Or is that considered "Cheap Freight"?
    I actually have built a MS Excel spreadsheet to calculate all of this. I just don't have an idea of what the actual freight rates are running at anymore. I would be happy to share it with ya'll (that way you can tell me if I forgot anything...). Just PM me! (I think I can PM now...)
     
    Last edited: Sep 14, 2010
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