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

Discussion in 'Ask An Owner Operator' started by istumped, Jan 17, 2021.

  1. chimbotano

    chimbotano Medium Load Member

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    1000miles =$4,000 (reefer)
     
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  3. Evil_E

    Evil_E Heavy Load Member

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    Wow...is your overhead that high or are you trying to get rich?
     
  4. p608

    p608 Road Train Member

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    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.
     
  5. Evil_E

    Evil_E Heavy Load Member

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    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
     
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  6. runningman0661

    runningman0661 Road Train Member

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    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.
     
  7. bzinger

    bzinger Road Train Member

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    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 .
     
  8. TallJoe

    TallJoe Road Train Member

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    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.
     
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  9. p608

    p608 Road Train Member

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    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
     
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  10. 8thnote

    8thnote Road Train Member

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    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.
     
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  11. TallJoe

    TallJoe Road Train Member

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    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.
     
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