What do you consider good miles?

sounds like your are working too hard personally.

I'd work on less miles and work more on getting more PER mile.

I'd think you would want to be at a $1.75 per mile or better on all miles run.

 

Don't get trapped in that kind of logic. You are a business owner so you should be looking at what you keep after all expenses (and making those expenses as little as possible). With more miles comes more expenses and wear on mechanical parts. Yes, more miles drops your fixed expense per mile, but that doesn't always matter to much. My motto has always been and always will be less miles more money. As for how you compare to the other mileage guys...you are on track with your per mile figure and high with the miles.

 

I agree with the others... you're working too hard. The amount you increase your revenue by driving very fast (maximizing number of loads) is more than offset by the expense you're incurring on the fuel bill. You'd do better slowing down, and working on your fuel costs. Work with the idea of what a mile-per-gallon savings would do for your bottom line.

 

If you run 200000 kms a yr 1 mpg is approx $ 12000 in your jeans. MPG's unfortunately where it's at. I would love to have another hood but 12 k is a lot of dough. It represents the month of January in Florida on my bike. Or taking both July and aug off? What could you do with 12k??

 

kw9, I was in a mileage lease making about the same you are so I know exactly where you're coming from. I had been a company driver for that carrier almost 9 years then bought a truck and leased it to them. I was in a comfort zone there and learned how to keep the truck going, made good contacts with mechanics etc. I knew it wasn't a long term situation when I did it and knew there was no money in it at all. That was ok I eeked by... ...by the skin of my teeth until I felt ready to move on to a percentage lease. Back then I was like you I turned on average 3,300 miles a week. Anymore if I turn 2,000 miles that is a lot of driving for me and clearing twice the money, or even better, after fuel is paid for. Work smart, not hard. Look to find a good percentage contract within a year, two at most, or you will be sorry..

 

I think that's how the big companies scam us from the start is getting us into the mentality that 'miles == money'. Which, they don't. They destroy your truck. Prior to being O/O, I drove for CR England and averaged about 3,000mi/wk when I was out. As an O/O, I average about 2,000-2,200/wk and make almost double the profit. Pay per mile and MPG are where you're going to make your money. Get out of your contract as soon as you see fit and find someplace that will at least pay you percentage.

 

50 miles a day at $10/mi is more my speed.