My numbers as an O/O leased to Crete

Both companies want teams due to military munition hauls. I'm a solo operation. I've checked other hazmat outfits, and I live in a non-hiring area, or they don't hire o/os. Thanks for the suggestion.

 

I already got 508,000 miles on it in just 3.5yrs so I will need to drive it till the wheels fall off. But that's not a concern, as it has been very reliable. I've been very satisfied with the service recieved from Cummins and IH. While I really like the KW styling, I don't want the KW price tag on repair bills.

 

March 30, 2010

Re: Financial Statements – Via Web

John, following you will find your February 2010 monthly financial statement. We
are also posting your January monthly financial statement to the web at this time.

In looking at the February financials, you are showing a Net Profit of $13,944 for
the year-to-date period. This comes out to $0.590 cents per mile and is based
on 23,647 paid miles. You received IRA bonuses and detention pay totaling
$852 during the month. This additional pay added $0.081 cpm to your net profit
for the month. You also received a license bonus of $1,558 in February that
offsets license expense recorded in the Fixed Costs section of your financial
statement.

You are averaging 11,824 paid miles per month this year compared with 11,141
monthly miles you averaged last year. You were out on the road 54 days
through the end of February 2010 (92% in service) and averaged 438 miles for
each day you were out.

Your maintenance expense for the first two months of 2010 was $1,583 or
$0.067 cpm and your tractor supplies expense was $121 or $0.005 cpm. Fuel
costs averaged $0.422 cpm less fuel surcharge reimbursements of $0.249. This
results in a net fuel cost of $0.173.

Your tractor depreciation expense for 2009 will be $9,280. You are in the fifth​

year of a five year depreciation schedule for your tractor.

For the first two months of '10 I'm averaging $1.346 cpm. This is a little missleading because it includes $600 in IRA contributions and $1558 in base plate incintive pay. Which, as stated above adds almost .08 cpm. Taking those factors into consideration, I'm averaging $1.27 cpm +/-. The avg. fuel surcharge the first two months was .249 cpm.

I ran mostly upper Mid-West for these two months, and the poor fuel quality, extreme cold, ice/snow conditions, and the necessity to idle more than I like, all combined to cause an increase in fuel consumption. About .025 cpm more than the previous years avg..

 

As a general rule, sometime around late October early November most truck stops north of I40 will treat the fuel with anti-gel after it is delivered to their tanks. This along with ULSD makes for poor cetane levels, and thus a less efficient burn in the cylinders, resulting in reduced fuel economy.

 

These are the monthly deductions:
Satelite Communications $30
Physical Damage $185
Bobtail $41
Cargo $15
Workers Comp $180

There are other optional deductions such as Escrow, Life Ins., Medical Ins., Dental Ins., Vision Ins.. Fuel is paid via Comdata and deducted weekly.