My October 2018 Numbers

Discussion in 'Ask An Owner Operator' started by Scooter Jones, Nov 2, 2018.

  1. Scooter Jones

    Scooter Jones Road Train Member

    9,551
    19,977
    Apr 19, 2011
    0
    My October numbers were decent. I didn't run that hard at all.

    $16,000 revenue.

    5,334 ALL miles.

    Home 26 out of 31 nights.

    Just paid my 2019 IRP & IFTA registration online this morning.

    All taxes are paid up.

    Writing a $10,000 check this afternoon to pay off my trailer.

    Have money in reserves to pay for my insurance renewal in full which is in December.

    My maintenance acct is stocked up nicely.

    At this point I could take off into next Spring if I wanted to. However, I plan to keep pace with my current work load, which isn't all that strenuous ;-)

    I really want to attack the loan balance on my truck in the next 12 mos and try and get it paid off sooner than later, Lord willing and the creek don't rise!

    2018 has been a GREAT year so far!
     
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  3. DSK333

    DSK333 Road Train Member

    2,413
    2,756
    Jan 27, 2018
    Pennsyltucky
    0
    Congrats. Let's hope 2019 follows suit.
     
  4. TallJoe

    TallJoe Road Train Member

    7,490
    16,271
    Apr 12, 2016
    Chicagoland
    0
    Obviously, You know what you're doing with that dry box up there...I am envious a little but in a positive way...
    Have you thought about reefer work in WA-OR-CA region?
     
    Scooter Jones Thanks this.
  5. Scooter Jones

    Scooter Jones Road Train Member

    9,551
    19,977
    Apr 19, 2011
    0
    I thought about it...for about 2 seconds ;-)
     
    whoopNride Thanks this.
  6. SteveScott

    SteveScott Road Train Member

    4,897
    16,807
    Nov 10, 2015
    0
    How much was your fuel on those miles?
     
  7. Scooter Jones

    Scooter Jones Road Train Member

    9,551
    19,977
    Apr 19, 2011
    0
    About 2,200 with my discounts.
     
    SteveScott Thanks this.
  8. Scooter Jones

    Scooter Jones Road Train Member

    9,551
    19,977
    Apr 19, 2011
    0
    Should be noted that we don't pay tax at the pump in Oregon. So, I had to pay 0.20 a mile for my Oregon miles. Which were about 3,800 miles.
     
  9. tombombadil

    tombombadil Bobtail Member

    3
    0
    Jun 8, 2018
    USA
    0
    Hi Scooter,
    Thanks for this post.
    Please show me the way.
    I am in the PNW too and have no idea what I'm doing.

    I haul my OWN freight in the winters, and needed a tractor / trailer / cdl to increase capacity for that. I am slowly looking into hauling freight that is not my own during down times / summers in this region. It is all a little overwhelming. I'm not completely new, have had DOT for 4 years, haul a very specific commodity. But we just had to increase capacity so we got a tractor and a reefer trailer (mostly just needed the insulated trailer and aluminum floor instead of wood.) Buying a dry van trailer is not out of the question, and almost preferred due to how overwhelming it is learning about other products for refrigeration, and the added liability and variables. It isn't like I've just jumped into this, as I really don't NEED to haul other peoples freight at all, but I want to as a way to diversify income. The regulatory compliance is not an issue, as I am fully compliant, ELD, FMCSA, IFTA, IRP, SCAC, Canadian carrier code, understand how to request and use E-Manifests through customs brokers, etc.

    I guess the problem is I don't fully understand the lane, because I don't haul freight for other people yet. And I'm not a trusting person, especially with regards to brokers. It's funny because we're truckers I guess, but we don't know the first thing about trucking when it comes to being an O/O, since normally we're just moving our own freight to customers.

    Anyhow, I'm obviously NOT looking for your honey holes, or for you to tell me your brokers, or anything stupid, just any advice would be cool.

    Thanks
     
  10. Scooter Jones

    Scooter Jones Road Train Member

    9,551
    19,977
    Apr 19, 2011
    0
    The I-5 corridor WA/OR is a tough lane. The lumber barons know they have carriers who run freight into this region by the balls, because the volume of produced commodities in this region going out is miniscule comparatively.

    Thus, these carriers will run loads of lumber (which is one of the largest outbound products in this region) at cost or even at a loss to reposition their assets. It's called "back-haul". A very dirty and nasty term I refuse to use when negotiating with any freight broker ;-)

    Generating the revenue per mile like I posted for a dry van takes work. It's not the best rate, but it's decent. Short mile freight is what I try and do.

    You just gotta hit the pavement. Work the phone and establish contacts and relationships. That's all I can tell you.
     
    86scotty and Tug Toy Thank this.
  11. SteveScott

    SteveScott Road Train Member

    4,897
    16,807
    Nov 10, 2015
    0
    .20 cents per mile? I thought Oregon tax on diesel was .34 per gallon.
     
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