Going back to OTR with Schneider Lease Purchase!
Discussion in 'Schneider' started by plynnjr92, Oct 26, 2019.
Page 5 of 68
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
First 2 line items are my estimated revenue if I run 10,000 miles a month at $1.60/mi (Is 10k miles too ambitious? Should I expect fewer?)
Next is my fixed truck payment and maintenance account ($952.87 truck, $135 maintenance) so like $1088/wk.
After that is my estimated fuel costs for the miles driven above, at 8.5 mpg and $3.00/gal for fuel (Is 8.5mpg a fair fuel mileage estimate?)
The insurance, prepass and permit numbers are from what SFI has provided me and I just multiplied those amounts by 4 to represent a "month". Also I will not be exercising the additional personal health coverages as I'll hop on to my fiancee's coverage after the wedding.
The last line item is 25% taxes on my net income, after business expenses like truck payment, fuel, permits and insurance. (This is correct right?)
I know I'll be a lucky son of a gun to reach $6k gross a week, but my plan as of now has me reaching $4000 gross every week and $5700-$5800 net every month if my numbers happen to be correct.Attached Files:
Danny707 Thanks this. -
-
Stop trying to run miles. Think revenue per day on least possible miles.
Lunch counter math problem..... is it better to run a 1000 mile load for $1600 with 3 days on it. Or maybe 4 200 mile loads for $400 a piece and do 2 a day........JOHNQPUBLIC, T.Rucker, plynnjr92 and 2 others Thank this. -
I’ll take the 3rd option.
-
Cat sdp Thanks this.
-
I don't know why you guys feel that you need to stay out weeks at a time to make money. .
Regional jobs are home every weekend and make more money. In most cases.
I didn't stay out for weeks at a time when I was OTR. I came home every weekend. Running regional.Tyreman, LtlAnonymous and Danny707 Thank this. -
plynnjr92 Thanks this.
-
LtlAnonymous Thanks this.
-
-
The load board is the biggest unknown to me right now, so my plan simply anticipates that I'll have to spend weeks away from home in order to reach my goals, especially since I'll be based in Salt Lake City. I can't say for sure whether freight rates in and around the surrounding area will be profitable enough for me to run, and the mountainous terrain will negatively impact my fuel mileage, and my bottom line.
Now say, if the freight in the Inter Mountain region (Utah, Nevada, Arizona, Idaho, Montana, Colorado, New Mexico) is profitable enough for me to reach my goals, and be home every weekend, I'll do it. If I can reach my goals and be home every other night, I'll do it. I just like to prepare myself for "worst case scenarios". I'd rather run the Midwest and be gone longer than I'd prefer to reach my goals than to come home as much as I like with a crappy settlement every week.Cabinover101 Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 5 of 68