Help with how much $ we can make

This isn't the answer you are looking for BUT you will make MORE working for them as employees with benefits than you will owning and leasing your truck to them.

 

$1.38 per mile that does include insurance and plates?

Every truck is different when it comes to fuel consuption. You may average between 4.9mpg or 7.4mpg

9,000 miles per month if you have truck payments is not very good at all.

Your fuel cost would be $ .54 to $.89 per mile depending on your truck, weather conditions, load you are pulling, road conditions and most important right foot of driver.

Is your truck paid for and if not what are your monthly payments?

This is just an example using conservative numbers.

Truck payments $2,000
Fuel $5,400
Oil/filters $ 120
Tires $ 200
Preventive maint $ 200
Total $7920

9000m x 1.38 $12,420
-$ 7,920
Take home pay $ 4,500 per month

My drivers make $1,200 per week driving my equipment or $4,800 per month.
I would say you would be off better driving their trucks. Once the recession is over then running your own truck would be more profitable.

 

Depends on the terrain and areas you will be running,how much weight you will have in the wagon,whether you like to use the cruise or not,gear ratios,horsepower,and how heavy your right foot is! Is truck an auto or manual trans?

 

Only you will know your fuel mileage. Each truck is different. Who is we? Husband and wife? You have to do ALOT of research into the company before you make a decision. Your fuel mileage is based on several factors but mostly it's how you operate the truck that can make or break the bank. There are many other expenses as well. And how much is the truck payment is another thing you have to take into account. Take your time, do some legwork and make your decision based on what you think you can get by with regarding your truck, your operating practices, your willingness to stay out for weeks or months, etc, etc...expenses, etc, etc... chargebacks, etc, misc. fees associated with a contract , etc etc....

 

If you're willing to grab a 53' tridem flatbed, and everything needed for decking, you can lease on with Armada out of Wpg. Canada only, and they pay 90%. Going to the GTAish area, or Quebec, from Wpg will pay around $2300, but coming back will pay more like $4500-$5000. So, around $7000/week, running to Ontario or Quebec, and back. After fuel, plates, and truck payment, you should be able to get around $13000/month.

And no, I don't work for them. The guys that own Armada used to be the dispatchers for where I work, and they jumped off to do their own thing.

 

Please don't think I'm talking down about your business skills, but a $4k/month truck payment does not make one a great business person. But, that's just my opinion.

That aside, if you're willing to run US, you'll make more money. Also, if you get paid by % instead of $/mile, you'll make more by doing multiple picks and drops. If you prefer $/mile, then you're better off to go with one full load, and get to driving.

However, these are things other O/O have told me. I opted to not buy my own truck, so I'll never know first hand.

Good luck to you and your wife's future in trucking.

 

I'm sorry to tell you that you are not going to make any money. You need think this over.