What should be an owner operator net income per year?

So do you have your own accounts or do you haul brokered freight? I'm in the process of getting equipment and my own authority out of northern California, and the PNW is part of my regular area. Just curious how brokered loads do into and out of there. I will have my own account heading north, but may need some brokered loads for the back haul.

 

While I'm at it and since I'm waiting for the receiver to finish, I want to add a couple of things to my ramblings

Looking at the $2.00 per mile operations costs assumption which includes wages and benefits.

For the guy/guy who is operating as an O/O or L/O, at $2.00 ALL miles revenue, you are only buying yourself a job.

Consider this though, most lease operators are turning less than $2.00 ALL miles revenue. What does that tell you?

I get all the stuff about independence, being your own boss, etc. However, this industry has a lot of liability attached to it. One better think long and hard about that before jumping into the pool, especially the lease op pool.

 

^^^^
Ought to be put in bold at the top of several sub forums on this site.

 

Only I'm not running L.A. to WA. Haven't been since February. I'm trying to stay out of California as much as possible

 

I got my foot in the door with a couple of brokers who take good care of me. I've earned their trust and loyalty over a period of time.

It takes times to build that kind of relationship as an owner operator.

One thing I can assure you of though, for the most part, the rate you see posted on a loadboard, is NOT the bottom line

 

It's also important to know that not all the loads on the board are the same. The good loads are the ones that pay fairly and have great routes/shippers/receivers. The second part is a lot more subjective than the first, but if you aren't factoring it in (mainly by charging the crap routes and people more money) you're really hurting yourself.

 

Which is why I don't run outside of my lane for several reasons, not the least being I know I'll most likely leave money on the table going somewhere I'm not familiar with.

 

Congrats, I am looking to get into the business hire a driver, i can pay him 5.5k/mo outta that 17k with 10k/mo quaterbacking everything ill be happy. and this is only with 1 truck?

 

I think your not reading this right? Your missing some expenses.