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My 2018 numbers as an Independant.

Discussion in 'Tanker, Bulk and Dump Trucking Forum' started by ncdriver1, Dec 31, 2018.

Page 1 of 2
  1. Dec 31, 2018 #1
    ncdriver1

    ncdriver1 Road Train Member

    1,106
    1,252
    Dec 3, 2012
    0
    Total miles: 79,349
    Gross Rev: $150,469.24
    (not) Net Rev: $95,262.96
    Gross Rev/mi: $1.90

    Expenses:
    Tolls $8435
    Health Ins $4800
    401k $5,000
    Note $10,161.10
    Wages $20,400
    Maintenance est $10,453.93 (tentative est, approx 13,000 was taken direct out of gross rev)
    *(Fuel, IRP, and truck insurance are accounted for in the (not) net rev)

    Pre-tax Net rev after all expenses(est): $36,012.93


    I paid off my first truck in early January and parked it. It was just always breaking down and I had enough. I eventually traded it in for my current truck and got that on the road in mid-march. There were some issues with that truck which kept it a frequent flyer at the shop until mid-April. So the first 4 months I made nothing, and couldn't even begin paying myself until Sept because I was playing catch-up with bills. My net is down by approximately $20k over 2017.

    *added up most of the maintenance costs and adjusted numbers accordingly.
     
    Last edited: Dec 31, 2018
    ncdriver1, Dec 31, 2018
    ncdriver1, Dec 31, 2018
    #1
    D.Tibbitt, bigguns, SteerTire and 9 others Thank this.
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  3. Jan 5, 2019 #2
    ttypewe4jim

    ttypewe4jim Light Load Member

    189
    142
    Feb 21, 2018
    0
    Seems like alot of the ic's at superior have had a string of bad luck lately. Talked to a few the past few weeks and everyone's had issues with there rigs. Do you have a break down of maintenance you have done?
     
    ttypewe4jim, Jan 5, 2019
    ttypewe4jim, Jan 5, 2019
    #2
    bigguns Thanks this.
  4. Jan 15, 2019 #3
    me myself and I

    me myself and I Heavy Load Member

    733
    312
    Oct 5, 2009
    vernon hills,Il
    0
    How many miles would you have driven if you were running all year?
    Is $1.90 a mile what you could could expect pulling tanker?
     
    me myself and I, Jan 15, 2019
    me myself and I, Jan 15, 2019
    #3
    bigguns Thanks this.
  5. Jan 15, 2019 #4
    ncdriver1

    ncdriver1 Road Train Member

    1,106
    1,252
    Dec 3, 2012
    0
    I like to stay under 100k, this year I'm shooting for around 90-95.

    $1.90 is very doable, last year I did $1.93/mi all miles. Part of the reason my numbers were so low for 2018 is that while my truck was in the shop I would use a company vehicle. That rated me at basicaly a company driver, something like .52/mi.
     
    ncdriver1, Jan 15, 2019
    ncdriver1, Jan 15, 2019
    #4
    bigguns, ChicagoJohn and Weeble Kneeble Thank this.
  7. Jan 16, 2019 #5
    59EX

    59EX Medium Load Member

    407
    631
    Jun 27, 2015
    0
    ####. That's rough.
     
    59EX, Jan 16, 2019
    59EX, Jan 16, 2019
    #5
    bigguns Thanks this.
  8. Jan 21, 2019 #6
    ChicagoJohn

    ChicagoJohn Road Train Member

    2,387
    2,749
    Jan 14, 2016
    Chicago
    0
    That story sounds very familiar! I had the same thing in 2017. Here's a quick snapshot without getting into all the numbers.
    $235,000 gross
    $144,000 total expenses.
    $91,000 net.

    Within the expenses is literally everything.
    $6400 in "truck supplies"
    $49,000 fuel
    $29,600 in repairs
    $30,000 in W2 wages to myself
    $1900 plates
    $850 tolls
    $4600 insurance.
    There's a lot on not listing, but those are the big ones. I left tanking in Oct and started pulling a dump. Up to that point I was around $210,000. I Did exactly 105,500 miles, so year average $2.227 rpm. I know going from tanker to dump my dual mileage plummeted. I was averaging 7-7.25, I'm now averaging 5.4-5.8. First week of Feb I'm back to pulling tanks.
     
    Last edited: Jan 22, 2019
    ChicagoJohn, Jan 21, 2019
    ChicagoJohn, Jan 21, 2019
    #6
    59EX, bigguns, ncdriver1 and 3 others Thank this.
  9. Jan 22, 2019 #7
    77fib77

    77fib77 Road Train Member

    10,589
    66,499
    Jul 7, 2010
    St Louis
    0
    15481824780062862360758604931285.jpg

    66900 is the net after depreciation. 178 gross, 79 k miles.
     
    77fib77, Jan 22, 2019
    77fib77, Jan 22, 2019
    #7
    bigguns and ChicagoJohn Thank this.
  10. Jan 22, 2019 #8
    JonJon78

    JonJon78 Road Train Member

    7,157
    39,354
    Jul 1, 2018
    0
    What areas are you running to pay that much in tolls?
     
    JonJon78, Jan 22, 2019
    JonJon78, Jan 22, 2019
    #8
  11. Jan 22, 2019 #9
    Cheezy_smile

    Cheezy_smile Medium Load Member

    326
    4,424
    May 23, 2017
    0
    @ChicagoJohn what company are you going to pull for? I am working on getting into fuel hauling.
    Sorry OP for derailed post
     
    Cheezy_smile, Jan 22, 2019
    Cheezy_smile, Jan 22, 2019
    #9
    bigguns Thanks this.
  12. Jan 22, 2019 #10
    ChicagoJohn

    ChicagoJohn Road Train Member

    2,387
    2,749
    Jan 14, 2016
    Chicago
    0
    I was with AJ Weigand on a dedicated customer and I left to go to page Page Transportation.
     
    ChicagoJohn, Jan 22, 2019
    ChicagoJohn, Jan 22, 2019
    #10
    bigguns and Cheezy_smile Thank this.
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