Some numbers for new O/O

Discussion in 'Ask An Owner Operator' started by DUNE-T, Aug 23, 2018.

  1. roundhouse

    roundhouse Road Train Member

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    Yep

    All lessons I had to learn the hard and expensive way .

    my mistake was thinking that a driver would work as hard as I did

    my wife is an accountant did all my books and so the math showed we would make a profit

    I paid the drivers a percentage . A high percentage , they got 32% of the gross , which is what the other multi unit operators at triple crown were paying their drivers

    but the drivers worked 66% as hard as I did .
    If I grossed $1000 a week , they’d gross $650 or $700 tops

    that and the maintenance costs went through the roof all the way to the moon

    I’d get five years out of clutch and the hired drivers would get 9-10 months from a clutch .

    they’d smoke the brakes and blow tires etc




    same as owning a rental house

    anyone with initiative will already have their own house and won’t be a renter

    most renters are deadbeats and losers
     
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  3. WestCanTrucker

    WestCanTrucker Bobtail Member

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    So how do you still feel about this post 6 years later, has it gotten any better or worse for you?
     
  4. DUNE-T

    DUNE-T Road Train Member

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    For me personally? Things got better, because I optimized my operation as much as I could. Learned how to be more efficient with paperwork, repairs, started to have less stress and more home time.
    When it comes to spot market dry van work, it's the same as day one, constant grinding with tons of calls and emails in never ending pursuit to get better rates.

    If talking about money, right now I would say a good baseline to have is to gross $6000+ on 2500 or less miles. That's with dry van and current market conditions.
     
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  5. WestCanTrucker

    WestCanTrucker Bobtail Member

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    I need some tips, I’m buying a truck
     
  6. WestCanTrucker

    WestCanTrucker Bobtail Member

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  7. DUNE-T

    DUNE-T Road Train Member

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    There are many tips in this thread. What else do you need?
     
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  8. WestCanTrucker

    WestCanTrucker Bobtail Member

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    I am going to be hauling frac sand in northern Alberta and BC, I am in the process of purchasing a W990 because it has the power to get the job done, I have tried to message you privately, but I haven’t responded enough to start my own conversation yet. I’ve been reading everything I can on here and trying to stay away from the trolls lol.
     
  9. DUNE-T

    DUNE-T Road Train Member

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    You can ask here. I am not familiar with the type of trucking you are planning to do, but some other guys might help
     
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  10. WestCanTrucker

    WestCanTrucker Bobtail Member

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    I’m also learning how to navigate this forum, so please forgive me, I’m reading all I can , I guess that also because I live in Canada and it appears that a fair number of people on here live in the US that things are slightly different when it comes to numbers. I’m jumping in though, so hopefully I’m not one of the failures that people speak of.
     
  11. WestCanTrucker

    WestCanTrucker Bobtail Member

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    It’s Super B’s bottom fed grain trailers with a tarp in the top, so a lot of off roading and wait time, calling your miles on the radio, chaining up tires and that sort of thing.
     
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