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<p>[QUOTE=&quot;TallJoe, post: 7113530, member: 180515&quot;]Despite the gloomy, yet genuine title of the thread and initial posts, I have a little encouragement for newcomers, that things might turn around in favor. It only proves that a prospective independent owner operator should be prepared for such an eventuality as a low business cycle (low rates in simple words) as I experienced in 2017, amplified by the inexperience in load-board freight market bidding and the very lack of knowledge of what lanes should pay what. After going through&nbsp; and surviving the initial &quot;lack of experience&quot; phase,&nbsp; things get better.</p><p><br /></p><p>&nbsp; I would have sunk in 2017, had I not had over 20K saved up initially, after setting myself up with authority ($900), insurance and a new trailer down payment (6.5 K). The difference is staggering. In the last three months I already cleared more than half of my net earnings in the entire year of 2017. I mean by net earnings, all the business profit before income taxes and paying myself.&nbsp; I don’t apportion the maintenance fund either, which is also, as “paying yourself”, discretionary.</p><p>&nbsp;&nbsp; I wish I could say that I got better in knowing rates and lanes, but to be 100% honest, I attribute the 1st quarter numbers to better rates freight market, as many claim, exceeds the year of 2014 hands down.</p><p>It is Dry Van load board freight.</p><p style="text-align: left">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; YTD Revenue&nbsp; &nbsp; &nbsp; $59,254.09&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; YTD Profit&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $34,602.90</p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; YTD Mileage&nbsp; &nbsp; &nbsp;&nbsp; 26,139&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Dead Head miles&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 5,347 (22%)</p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Rate per loaded mile&nbsp; &nbsp; &nbsp;&nbsp; 2.91&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Rate per mile&nbsp; &nbsp;&nbsp; 2.27 (all miles)</p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Total Cost per mile&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0.94&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Profit Per mile&nbsp;&nbsp; 1.32</p><p>&nbsp; &nbsp; &nbsp; &nbsp; </p><p>&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Fuel&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $12,640.48&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p><p style="text-align: left">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Maintenance&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $1,190.96&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Office&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $563.62&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Trailer Payments&nbsp; &nbsp; $1,746.87&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Parking&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $884.00&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Insurance&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $2,165.00&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Licensing &amp; Taxes $2,821.76&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Fees &amp; Interests&nbsp;&nbsp; $146.27&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Tollways&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $2,373.75&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p> <p style="text-align: left">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Scales&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $77.00&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; S</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Showers &amp; Misc.&nbsp;&nbsp; $41.48&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p><p style="text-align: left">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; All Costs&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $24,651.19&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; </p> <p style="text-align: left">&nbsp;&nbsp; &nbsp;&nbsp; </p> <p style="text-align: left">Nights spent in the truck: 54</p> <p style="text-align: left"><br /></p> <p style="text-align: left">If I could extrapolate the trend over the next 3 quarters, at the same work rate, I’d be more than happy.</p><p>[/QUOTE]</p><p><br /></p>

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