Leased O/O's, what are your stats?

1000miles =$4,000 (reefer)

 

Wow...is your overhead that high or are you trying to get rich?

 

Depends on your lease, if they pay plates, tolls, ins., IFTA etc. all or part of that changes your overhead and what kind of revenue you have to generate.

 

Your correct. I have a new truck, I can run at 1.50 mile and still be profitable...but then again...zero deductions(other than fuel) is a beautiful thing

 

You think fuel is expensive now? Give it 6-9 months after this new administration takes over, you’ll be wishing for the current fuel prices.

 

Amen ! ...glad my truck is within 5 months of paid for and have been leased to my carrier long term and done them a good job with very little crying.
When the herd thinning comes the problem children will be the first to go .

 

I am among the people who don't get it...Where is that sustainable minimum 4 dol per mile freight, what trees does it grow on? Yeah, I can see it here and there every now and then... not for too long...never for too long for sure.

 

Years ago I had a KTA 600 Cummins, it got 2 to 2.5 mpg, I had a buddy that had one and he said he was getting 4.5 to 5 mpg. One day I was at Cummins and the factory rep was there, I explained my situation and he explained I wasn't doing what my buddy was, I said what's that? he replied lying. same thing with year round 4 dollar freight IMO

 

I work with O/Os and L/Os on a daily basis and see I know the rates they are getting, because I'm the one that negotiatesthe rates on their behalf. Delusion is strong with many of these folks. Its hilarious how quickly "one time I pulled $4 per mile freight" turns into "I only pull $4 per mile freight" when they are talking amongst themselves.

 

I would not be in a deep disbelief by someone saying they're are grossing $400 000 per year on 100 000 miles, still in some disbelief nonetheless. But it is one thing to be exceptionally fortunate, business skilled or one way or another capable but another to sound like it is a norm everybody else should comply with.