Some numbers for new O/O

I have a question ( raises hand ).

My insurance is $3100 year, all in.

How much more revenue does someone need to make a year to pay say $13,000 a year in insurance? Dry van.

 

Deleted.

 

Did you delete the post before or after you punched your interior cab wall?

 

More than $9,900 for sure.

 

Don’t you hate when he does that. We need a hall monitor or something to quote him so we know what he said.
It was something,something or something... self loathing.

 

Yeah it was a good post too. I agree it shouldn’t bother me but I hate when he does that because most of them I miss.

 

come on mr Dave! Well one way I look at it is...
at 100,000 miles a year and $12,000 insurance, that’s .12 cents a mile.

A $2 a mile load at 65% and fuel surcharge is $1.40(ish)

So $2 on your own is a $1.88 in this equation.
($2 - .12 = $1.88)

now the difference is $1.88-$1.40 = .48 cents
Let’s say 75,000 loaded miles is .48 x 75,000 = $36,000 additional dollars give or take in percentage difference with insurance included.

so I don’t how much more is needed, but that’s the difference give or take, plus the $3100. So 39,100 after insurance! If my math is right, I think it is

 

Stability is great. But not at 1.59. You can have all of that. I've seen one time in my life where my rates tanked to that number and that was in 08.

 

People get hung up on the percentage. The part that matters is money to the truck. If you could get 2.00 a mile on your own and could only get 2.00 a mile gross leased on, then your scenario would be correct. But in my experience it's not that simple. Im loading tomorrow about 3.50 a mile ttt on 1500 miles, so that is a gross rate of what? Close 4.50 a mile. No way would I get that load on my own. Especially considering the crap market im loading it out of.

 

3.50 mi to the truck. Sounds like a good gig. Are you hauling cattle