JCT

The good thing about running teams for your situation is you should be able to run slow and still make ontime delivery. that'll be the only way you'll get good mileage in a classic with a CAT motor. I'd keep it no faster than 62 even if you have to split a gear to keep it in the sweet spot. If you can get 6.5 mpg you should be alright (that's using the pen and paper way of figuring, those qcomms and dash mounted mpg guages are notoriously inaccurate)

Remember, it's not how many miles you run a month, but how much you put in your pocket per mile. if you can only pay you and your wife .05 each per mile...you will never see home again.

Good luck!!

 

LMB, Really enjoying your post's Thank's for keeping us updated.
As far as your payment of $825 what does that include...Insurance ETC....? Does one load a Week cover your Expense's ?? and the other loads money in the bank for the week??

 

Does anyone Know what Percentage of JCT drivers actualy complete the lease program and end up owning their truck

 

LMB keep your posts ongoing, very informitive... I thought about running solo with JCT a few years ago but never made the big jump!!! Good Luck and DRIVE SAFE

 

CHOMPI , can you compare JCT and PRIME? In your opinion, which is better (freight) and lease? I know they broker and have a walk a way lease, but overall do you know? THX

 

I never worked for prime, only JCT. As for leasing right now freight is slowing and companies arent doing much hiring, I wouldn't dare lease a truck and have to try to make a payment when the large companies are struggling themselves. I would drive company for awhile until the trucking world straightens out. Also, lesson I learned, never lease with a company without first running as a company driver first. That way if things don't work out you will have known it before leasing your own truck. Don't let anyone fool you leasing is very expensive and you must stay on the road for months at a time to make money. As for JCT we left because we werent getting any miles. The run you hard at first to build up your maintenance account and then it drops off from there.

 

Is your net after you have subtracted self employment taxes and maintainance account? I will assume fuel, insurances, and truck payment were already accounted for.

My point, even if all other expenses are accounted for, but you have not deducted enough each week for self employment taxes, you will be in a world of hurt come April 15th.

I wish you success.