We can officially call it the floor of rates

Discussion in 'Ask An Owner Operator' started by kay_ray, Feb 16, 2023.

  1. TruckerPete1990

    TruckerPete1990 Road Train Member

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    Depends on what ur CPM is. Mine are low as only thing I gotta worry about is maintenance which last year was $.13 a mile with some big item repairs. Then insurance of $230 a month then just fuel cost. My CPM last year was $1.17 a mile. That's with first couple months of my truck payment(paid for now)
     
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  3. D.Tibbitt

    D.Tibbitt Road Train Member

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    You don't pay yourself?
     
  4. TruckerPete1990

    TruckerPete1990 Road Train Member

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    Bentonville Arkansas
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    Of course I do. $1.17 is everything needed to the truck everything after I pay myself. Currently been paying myself over $1 a mile..
     
  5. JonJon78

    JonJon78 Road Train Member

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    I'm not buying, 2020 Pete here last year my maintenance cost was nearly double of your million mile truck. Something is off? NO major repairs here
     
  6. abyliks

    abyliks Road Train Member

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    ludlow MA
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    [
    ouch…
    0FFF37B1-C948-4DAC-A8DB-619A1C041C2A.jpeg
    C9011201-F242-48EE-8871-1B92FC313481.jpeg C1261472-2B23-40A2-AFCF-206FC7A41159.jpeg
     
    Last edited: Feb 16, 2023
  7. Short Fuse EOD

    Short Fuse EOD Road Train Member

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    Midwest
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    zombie O/O -they don’t know when to quit. Walking dead/driving broke
     
    Last edited: Feb 16, 2023
  8. TruckerPete1990

    TruckerPete1990 Road Train Member

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    Bentonville Arkansas
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    My biggest repair last year was 10k dropped the transmission for a rear structure and clutch. Had about 22k in maintenance don't have the numbers in front of me. Of that 22k I had steers put on so that was like 1400 in December. Rest was just stupid #### that needed fixing. Maintenance will probably be higher this year though as I wanna drop different axles on the rear.
     
  9. D.Tibbitt

    D.Tibbitt Road Train Member

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    Ok well I am not good at math . But paying yourself 1 dollar a mile with a 1.17 all in break even cost doesn't really make sense to me... or if you mean 1.17 a mile is breakeven plus paying yourself 1 a mile would be 2.17 a mile... am I understanding this correctly
     
  10. TruckerPete1990

    TruckerPete1990 Road Train Member

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    Bentonville Arkansas
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    Just checked maintenance was $.21 a mile
     
  11. Elroythekid

    Elroythekid Road Train Member

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    Halifax Nova Scotia
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    Offered a load today, 3 hr deadhead in the wrong direction, then 1200 to the drop in Toronto.
    Paid $1650 to me. Passed. And got attitude for it. I'll have a little vaca away from the snow I guess. If I'm sitting for the weekend d here I'll rent a car and head for my friends place in florida for the weekend maybe?
     
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