With regard to 'Interstate' authority, I'm making a list of monthly and annual required payments of which I plan to set aside a weekly amount; I'll do intrastate another time. Do you agree with the itemized list below or, have I missed one or more item's?
Fixed Monthly Insurance Cost:
Commercial Auto Liability ($1M)
Motor Truck Cargo Insurance ($100k)
Physical Damage Insurance
General Liability Insurance
Total Insurance ($/mo)
Regulatory & Compliance (Monthly Accruals:
IRP (Apportioned Plates)
HVUT (IRS Form 2290)
IFTA Filing Services
UCR (Unified Carrier Registration)
Random Drug & Alcohol Consortium
BOC-3 Process Agent Maintenance
Total Compliance ($/mo)
Technology & Software Subscription:
ELD Subscription
Load Board
TMS / Dispatch Software
Bookkeeping Software
Dedicated Business Cell/Data Plan
Total Technology ($/mo)
Mandatory Maintenance & Professional Saving:
Maintenance Escrow (Emergency Fund)
Tire Replacement Fund
Annual DOT Inspection Accrual
Total Savings / Reserves ($/mo)
MONTHLY TOTAL OVERHEAD ($/mo)
Request Assistance with monthly and annual cost
Discussion in 'Ask An Owner Operator' started by CDL-A_NPST, Mar 30, 2026.
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You may also have to file mileage reports in Oregon, New Mexico, Kentucky and New York. You may have to register with New Jersey, not sure because I don't run in New Jersey. It's a business license or a business tax.
You may want a $1 million umbrella liability policy in addition to your main truck insurance.The_vett Thanks this. -
Don't forget repairs and downtime cost, which is an abstract number unless you know how to do wrenching yourself
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Parking and Tolls,unless your tolls are with your eld package.
I rented a spot in Houston for $200 a month,your parking situation might be different though. -
Trucking office does TMS/keeps up with your paperwork you input/billing/mileage and has an ELD that will be free with your TMS subscription
OOIDA if your a member has BOC agents for all states no extra.
Plus ooida has a tire gold program for Bridgestone/Michelin account and do CMCI which is for drug testing consortium -
What part of the country do you plan to do most of your operating? If the Northeast say Richmond north to Boston including PA & Upstate NY, give yourself $2-3,000/month in tolls. A lot of them can be avoided, if you have the time to go around.
as was already stated, you’re missing state specific fuel/hwy taxes. -
Thank you all for the valid input. To clear up any ambiguity regarding the original post: this project is being developed by a company driver, not an Owner-Operator (OO). Neither an OO nor a lease-purchase path is a personal option.
Following some research, a spreadsheet was drafted for potential new OOs and lessors to input figures. This allows for a financial snapshot of various career paths without the need to repeat common questions across multiple forums. Rather than discarding the research, it will be shared via an Excel workbook.
TruckersReport is the ideal source for filling in any missing data. To be clear, this tool is primarily focused on potential new OOs, lease-ops, or lease-purchasers. While it may be difficult for the project to be entirely all-inclusive, it provides a solid monetary picture of a chosen path.
The workbook includes five (5) customizable profiles:
- #1: Lease/Purchase – Based on Lone Mountain numbers extracted from a sales-rep video.
- #2: Prime Inc. Options – Covers both Lease and Lease-Purchase.
- #3: Pre-DPF/DEF Trucks – Expenses for this configuration compared to the options above.
- #4: Cost of Living (COL) – Includes "brick-and-mortar" housing expenses. This COL is added to each profile subtotal to help determine the required gross income.
Attached Files:
- #1: Lease/Purchase – Based on Lone Mountain numbers extracted from a sales-rep video.
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Sounds like another human working on an AI project to make more humans irrelevant.
Best of luck.RushmoreTrucker and hope not dumb twucker Thank this. -
You know what? Nah. Worst of luck to the AI people. An industry of integrated AI boards and stuff for loads would look like infinite, even worse Amazon Relay. I refuse to even consider pulling for them because, I think, if you pay attention, the more complicated ways Amazon manipulates rates internally to get trucks dropping and hooking for company driver pay and doing 14 stops for full truckload pay, and making people run several unprofitable, super cheap loads to "get a score", and all of those things, they're as bad as TQL, maybe worse.86scotty said: ↑Sounds like another human working on an AI project to make more humans irrelevant.
Best of luck.Click to expand...
AI cares even less than the worst broker you've ever talked to on the worst day of their life. The way these systems can network together? No, we should never provide capacity for places that do what Amazon does. There's no upside. It can only make things worse for the trucker, and in most ways, even for the broker! Almost certainly for the shipper too.Siinman, blairandgretchen and 86scotty Thank this. -
I'm no friend of AI but I have a couple of friends who are using AI in their very technical engineering jobs. I explained to one of them the other day how AI is taking over brokerages and he laughed out loud. His response was that automated phone bots is about the worst possible use of AI imaginable and the more I think of it the more he's right. As a way to store and organize information it has it's advantages. As a glorified answering machine for a phone system it's just causing more chaos.
Siinman, blairandgretchen and RushmoreTrucker Thank this.
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