Ok, so when we're talking about your 57mph truck, using your logic that means that you drive 57mph the absolute physical maximum amount of time? So, screw the red lights? You just blow through 'em? No, that's silly, you just floor it to get up to 57mph as fast as possible between the red lights even though you might be in a 25mph zone right? Come on, we're all talking about driving in a reasonable manner here.
I can drive 1600+ miles between fuel stops running 70mph, I stop a lot more often than that. How long does it take to put the nozzle into the tank when I'm stopping to use the bathroom anyways?
Lubes and maintenance get done when I'm at home relaxing.
I figure DH miles into my freight rate. You drive DH miles and don't charge for it? 4 hours of time to relax doesn't seem like work to me.
Now that you've changed the #'s to be below the "tipping point", yes, at the rates you just showed it'd make more sense to slow down. Using your figures from earlier it wouldn't. Although at the earlier shown 5.7 mpg at 70mph it was already really close with the difference being only $0.26 per hour. I've already said that driving faster isn't always the best option for everyone or every truck:Now we've determined that the "tipping point" is somewhere between the figures you used earlier and the figures you're using now.
Personally I don't consider watching movies/playing PS3 on my 40" flatscreen while I'm getting loaded/unloaded to be "work".
It takes you 1/2 hr to put a nozzle in a tank "conservatively"?
You get that done on the road instead of at home while you're relaxing?
You don't figure DH into your freight rates?
Maybe it takes YOU that long to do those things.
Actually we both were including those figures earlier:
From post #108 page 11
As the miles traveled increases, so do the costs.
Not everyone drives 70mph the way you used to.
Actually the #'s you've posted above only prove that someone getting somewhere worse than 5.7mpg at 70mph would make more $/hr slowing down. I've shown that the better your fuel mileage over 5.7mpg at 70mph the more $/hr you'd make by speeding up.
There is money to be made with 9+ mpg trucks
Discussion in 'Ask An Owner Operator' started by Dice1, Apr 1, 2012.
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This post was oringinally posted about a fleet of trucks (MVT) and now somehow it has been turned around to 1 truck O/O including pay and fuel savings added together.
OK to keep it very simple that is not hard to follow!
Driver pays himself $0.50 per mile for both trucks
57 mph truck saves $0.13 per mile in fuel savings compared to 70 mph truck.
Driver pay @ 70 mph = $0.50
Driver pay @ 57 mph incl. fuel savings = $0.63
Miles needed for equal revenue of $75,600
120,000 miles w/ 57 mph truck @ $0.63 = $75,600
151,200 miles w/ 70 mph truck @ $0.50 = $75,600
Hours driving needed for equal revenue $75,600
120,000 miles @ 57 mph = 2,105 hours
151,200 miles @ 70 mph = 2,160 hours
Difference in hours driven 55 hours
Without adding all the extra fuel stops and runs that have to be made for the 70 mph truck to equal the revenue for the O/O driver, it is still 55 hours less driving over a years time running slower to make the same money.
Another thing if that O/O has his own authority and finds his own loads, he has to consider the time finding and finding them more often along with having to find more loads loses some serious negoiating power from needing a volume of loads instead of a quality or premum selection of loads. In other words the need for over 70 less runs per year can make one whole lot picker at the rate one is paid for those runs.
That is almost 6 less runs a month the 57 mph truck does not have to make or even negoiate for and even find that may not be what they want but the 70 mph truck has to take them to keep moving to even chance to equal the revenue of the 57 mph truck.
Now if you are leased O/O, all these numbers will be alot less due to Carrier has to make their cut and will even favor the 57 mpg truck even more. Just saying the Carrier is making only $0.10 per mile off their O/Os (conservative).
Leased O/O Driver pay @ 70 mph = $0.40
Leased O/O Driver pay @ 57 mph incl. fuel savings = $0.53
Miles needed for equal revenue of $63,600
120,000 miles w/ 57 mph truck @ $0.53 = $63,600
159,000 miles w/ 70 mph truck @ $0.40 = $63,600
Hours driving needed for equal revenue $63,600
120,000 miles @ 57 mph = 2,105 hours
159,000 miles @ 70 mph = 2,271 hours
Difference in hours driven 166 hours
It doesn't get any better leased on. -
Using your #'s from post 108 page 11:
Driver pays himself $1.86 per mile for both trucks minus expenses.
Fixed cost per mile for both trucks = $0.29 per mile
Variable cost less fuel per mile = $0.26 per mile
That leaves $1.31 per mile before fuel costs.
Fuel cost per mile for 70 mph truck = $0.72 per mile
Fuel cost per mile for 57 mph truck = $0.59 per mile
70mph truck=$1.31-$0.72=$0.59 per mile to the driver/owner
57mph truck=$1.31-$0.59=$0.72 per mile to the driver/owner
70mph truck=$0.59 X 70=$41.30 per hour to the driver/owner
57mph truck=$0.72 X 57=$41.04 per hour to the driver/owner
When you're using the figure of $0.50 as driver pay it is the equivalent of getting worse fuel mileage. As I've said 5.7mpg at 70 mph is very close to the "tipping point" already. Of course when you change the #'sand say that at 70mph the pay is $0.50 instead of the $0.59 it was in your original #'s, you end up with being on the "slower is better" side of the "tipping point".
Why not run the #'s using your truck as a baseline? I ran those #'s in post 134 page 14 and showed that you'd make $5.93 more per hour by speeding up to 70mph (when it's reasonable/legal to do so of course).
Dice's truck at 57 mph saves $0.075 per mile in fuel savings compared to 70 mph.
Dice's pay @ 70 mph = $54.95 per hour
Dice's pay @ 57 mph incl. fuel savings = $49.02 per hour
Miles and Hours needed for equal revenue of $75,600
87894 miles=1542 hours w/ 57 mph truck @ $49.02 = $75,600
96320 miles=1376 hours w/ 70 mph truck @ $54.95 = $75,600
Difference in hours driven=166 hours more driving 57mph to get same revenue.
Difference in miles driven=8426 miles more driving 70mph to get same revenue.
Personally I hate driving slower than the speed limit, it makes the miles seem to go by waaaay slower. But I'd do it anyways if I could figure out how to make more $ doing so. I'm just not seeing that as the case for my truck getting 6.75mpg at 70mph. -
If we are going to use my own truck's fuel mileage as an example let's go from what it was January 2011 @ 6.3 mpg and what it was 1 year later @ 9.2 mpg. This 2.9 mpg with $4 per gallon fuel is $0.20 per mile fuel savings.
Let's say I only made $0.40 per mile driver pay and profit back in January 2011 doing the samething this January 2012 as I was 1 year earlier except now I saving an extra $0.20 per mile in fuel savings to bring my pay and profit up to $0.60 per mile.
So if I drove the 140,000 miles in 2011 @ 6.33 mpg running speed limits and over (around 70 mph avg), I would have to drive how many miles to make the same revenue with my new and improved truck in 2012 @ 57 mph?
140,000 miles w/70 mph truck getting 6.3 mpg @ $0.40 per mile revenue = $56,000
93,333 miles w/57 mph truck getting 9.2 mpg @ $0.60 per mile revenue = $56,000
That is 46,667 fewer miles for me to drive to make same money.
Now let's look at the driving time in truck to make same revenue?
140,000 @ 70 mph = 2,000 hours
93,333 @ 57 mph = 1,637 hours
Difference is 363 hours less driving time @ 57 mph to make same revenue.
Good to know why I am at home more now with my bank account larger than I have had in the past.
If we are going to use my truck's fuel mileage, let's do it from before and after the speed change including fuel mileage improvements during that period also because most guys running around 70+ mph don't care about fuel mileage or fuel mileage device like the guys running slower do. Only being realistic with the use of my truck's fuel mileage numbers.
363 hours less driving time to make the same revenue is like taking at least 5 weeks off of work a year.
Another scenerio is if the national average of fuel goes to $5 per gallon that would change the numbers even more favoring the 57 mph truck by another $0.05 per mile.
140,000 miles w/70 mph truck getting 6.3 mpg @ $0.40 per mile revenue = $56,000
86,154 miles w/57 mph truck getting 9.2 mpg @ $0.65 per mile revenue = $56,000
That is 53,846 fewer miles for me to drive to make same money.
Now let's look at the driving time in truck to make same revenue?
140,000 @ 70 mph = 2,000 hours
86,154 @ 57 mph = 1,511 hours
Difference is 489 hours less driving time @ 57 mph to make same revenue.
489 hours less driving is like taking 7 weeks off of work to make same revenue.
Truck Smarter Not Harder! -
So now you're throwing all your mpg improvements into the mix? And you're calling this being realistic? We're talking about the effect slowing down has on revenue. NOT the effect of making fuel efficiency improvements other than slowing down.
Realistic would be slowing down to 57mph from 70mph and gaining around 1.3mpg. For your truck the difference would be 9.2mpg to 7.9mpg.
Now you're trying to change the #'s again comparing 6.3mpg to 9.2mpg?
Why are you trying so hard to skew the #'s? Please at least try to be realistic. There are people here who are trying to learn (like me) and when you start changing all the rules to make your argument sound better it just confuses things. -
Just thought I would post my gains since we were trying to use my truck as an example because I used to drive alot faster too.
And Actually the thread is about making more money with 9+ mpg trucks and my truck is an example of that.Last edited: May 5, 2012
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Last year was the first year I tried to hold to the 57 mph strictly that I have carried over to this year also.
I honestly believe the difference is more depending on where you run than the 1/10th mpg per 1 mph because where there is traffic including slow trucks that make a 70 mpg truck slow down to negoiate the slower traffic takes alot more fuel speeding back up than just maintaining the speed with no traffic in the way. In some cases with traffic that difference of 13 mph between 57 mph and 70 mph may not be the 1.3 mpg difference and could be higher depending on the severity of the traffic including how aggressive the driver is negoiating that traffic too. This difference could be higher than 2 full mpg too.
I never have understood why trucks willl pass you rolling down hill building speed up with the truck pulling in front of you and start riding the brakes not even running the speed limit of 70 mph yet?
Let it roll! Gravity is free fuel! -
yop, engineers and studies don't know #### compared to the super truckers on the road.
http://gcep.stanford.edu/pdfs/ChEHeXOTnf3dHH5qjYRXMA/10_Browand_10_11_trans.pdf
whether or not you have a headwind, tailwind, quartering or side wind.
All will make a difference on the mileage your truck gets.
A 20 MPH head wind will play entirely different to you than a 20 mph quartering tailwind.
A quartering tailwind is actually best for mileage even over a direct tailwind.
Having your truck properly maintained, tuned up and servicing the fuel/air filters along with the exhaust will make a huge difference as well.
NOT getting into stop and go traffic and if you do, being gentle with the vehicle will be a greater impact than 62mph vs 66 mph.wimp Thanks this. -
The trouble with a mega-carrier like MVT do they really make more money at 9mpg or are they just more willing to be a cutthroat carrier because their fuel cost is less than most. Hopefully not but who knows.
Jfaulk99 Thanks this.
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