I did it! $2.50 per odometer mile for 2013

You need to really manage your expenses if you spend 190-200K on expenses. My truck cost me .70/mile to run. That fuel, maintenance, tires, initial truck cost etc. Anything above .60 is pure profit. That being said, I only averaged 1.7/mile gross. I do mostly long haul and was pulling a van. I'm switching to flatbed next month though. In the last 6 months (was company driver before that) I made 1.00 profit / mile (truck is paid off) and drove 61,203 miles. Over a year I would have made double that. I dont know how your spending 1.9-2.0/mile in expenses. That crazy high.

 

Really? I would love to see the breakdown on your expenses. I am sure there a lot of guys on here that would be interested to know how u get your rig to operate at 30-50% less than EVERY other truck on the road. If u get decent mileage, you are spending 55CPM on fuel. So you are getting the truck to run for an additional .15CPM?

Let me know where I can buy one, or 100, trucks like that

 

if he's long haul, as we are, and we get 6.8mpg which is exactly .55 cpm. and bang out consistent 750 mile days @.15 cpm, that's over a 110$ day to the truck. thats pretty dang close to what we need too. I would probably say id need closer to .25 to cover a bit more. We do have a $1800 month payment he does not have.

we dont do any northwest or northeast. 90% I10, I20, I40.

 

Good MPG and high fuel discounts. My fuel cost is .48/mile. I play the fuel tax by state game an rarely pay over 3.5/gallon. Maintenance is .05/mile. (use OPS eco pure) Permits and plates get paid by company. Insurance is .02/mile. that's .55/ mile. .15 was what i spent on the initial truck investment.

 

Kudos on the fuel mileage! I was thinking more along the lines of an O/O responsible for all of the ins and stuff to keep a truck rolling over the long haul. Dipping below $1.00 per mi, everything included, is prob not going to happen over the life of a truck.

 

Just wondering as yall quantify operating costs--I see where you are discussing fuel costs--but how are you factoring in other costs vs your running costs--how to you quantify
maintenance? insurance? wages? replacements? etc
just wondering?

 

if you have your own authority, you obviously have greater insurance and operational expenses, I'm leased on. That being said, even if you can get your mpg down to .50/mile, that's 5000 bucks over 100,000 miles compared to .55/mile.

 

What are you paying the driver per mile ? even if it is yourself still need to get paid from the TRUCKS revenue.

 

I think we are talking what do the truck itself get paid(or need) at a cpm basis. payment/current maintenance and future replacement money allocation. . IMO driver pay, profit and taxes are above that.

We are getting really comfortable making the 1800 month payments and just driving it. versus no payment and making repairs all the time, and working on the truck when parked gets old really fast. consider this, 1 1/2 years with the glider and work 21 days a month max. Never had to repair anything on home time. Home time is trully home time. warranty runs out same time we pay it off. At this point Im pretty confident we will just trader her in for another glider, if they are still legal by then.

 

I meant to the poster who said his costs were $0.70 / mile he has to figure drivers cost into true operating cost .