New Owner Operator: Is $1.70/Mile good for tractor service in B.C 12000 miles gauranteed

Discussion in 'Questions From New Drivers' started by baushogg, Feb 18, 2017.

  1. baushogg

    baushogg Bobtail Member

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    Feb 18, 2017
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    wondering if $1.70 a mile is good for just tractor service hauling only tandem reefer loads in B.C good
    company gaurantees 12000 miles per month

    thank you cheers

    keep on truckin
     
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  3. Bakerman

    Bakerman Road Train Member

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    If you like living in your truck and eating Raman noodles all the time, go for it. Let us know how that works out for you.
     
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  4. RollingRecaps

    RollingRecaps Light Load Member

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    What are your operating cost? Share your numbers if you want us to decide for you
     
  5. Kenworth 4life

    Kenworth 4life Medium Load Member

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    An o/o at 1.70 a mile will be a broke hungry o/o
     
  6. strollinruss

    strollinruss Road Train Member

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    Montgomery, TX
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    That's 500 mikes a day six days a week. If your truck is paid for and diesel stays low you will be ok. There must be some f/s worked in there.
     
  7. milehunter43

    milehunter43 Heavy Load Member

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    $1.70 Canadian dollars is $1.30 in US dollars.

    You're going to be running BC but you mention miles instead of kilometers, so which currency are they paying you in?
     
  8. strollinruss

    strollinruss Road Train Member

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    Well that sucks then
     
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  9. baushogg

    baushogg Bobtail Member

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    Feb 18, 2017
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    Truck is paid off
    $1.70 a mile i have driven the route as a company driver for another carrier and was able to average 11000 miles per month sometimes upwards of 13
    $1.70 /mile at 11000 miles per month = 18700 gross

    the company provides fuel cards at a good discount for canada.
    gas is usually 35-38% of gross
    if i do the math at 40 % its $7480
    my tractor Insurance is $1040
    my cargo insurance is $350
    and for maintenance id say $500

    that leaves me with $9330 before taxes
    how is that for just tractor service?

    plus the pick up and drop offs are consistent no sending here and there

    Thanks for your help
     
  10. DUNE-T

    DUNE-T Road Train Member

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    3000 miles at $1.7 is $5100. $4000 left after fuel expense.
    $6000 per month easily would take care of all the truck expenses and you get to net $10000.
    I have no idea what kind of gig you are running, but it looks like my understanding of hungry and broke o/o is completely different than yours
     
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  11. Kenworth 4life

    Kenworth 4life Medium Load Member

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    Working on the presumption that every thing is done in Canadian he will be burning 1800+ liters of fuel for a 3000 mile run at 1.31 +/- pr ltr is a pretty hefty chunk out of his pay
     
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