Calculating Your Operating Cost

Just type "Owner Operator Costs" in the search bar, there's hundreds of posts on the subject.

 

$1.60 -1.70 a mile. That’s a real cost to run.

 

Would this be an estimate based on OTR, Intrastate, or regardless? Is there an equipment type that would be lower/higher? I would assume reefer would be more expensive than flat bed for example...

 

I’m a successful owner operator for years with 4 trucks now and it’s literally about $1 a mile. How dudes get $1.60 plus is insane. I also do flatbed. Now if you have your own authority there’s a bit more expense with factoring and such. Here’s my numbers.

.45 fuel
.07 insurance
.07 trailer
.02 tags and 2290
.30 truck and maintenance
= about .91

Now pay the driver a decent salary (or yourself) and benefits and the rest can be profit or put back into the business.

 

You are at $1 per mile. Add 60cpm for the driver salary and you are at that $1.60 insane number

 

How much do you pay your drivers who run for you? I'm wondering if the .91/mile you have when adding a decent salary all the way around ends up adding up to about 1.60-1.70/mile.

 

I think it was ooida that figured it was $1 per mile to be an independent owner operator with a dry van.
And $1.10 per mile to break even with a reefer.
Or it was fleet owner?

 

.60/mile seems high, but obviously I'm new to this industry. Is that a number that is climbing due to driver shortage? What is a realistic low-average-high range for OTR drivers? Intrastate?

 

Legal fees, fines, cell, internet, parking, meals....