Why you'll go Bankrupt hauling around $2 a mile loads

These are some generic weekly numbers, obviously everybody is different.

2500 miles at $2 a mile

$5000
Leased to a carrier -15%

$4250 left

2500 ÷ 7mpg X $5.50 a gallon $1,964

$2286 left

.15 a mile for maintenance = $375

$1911 left

Cargo/liability insurance $200
Truck physical damage insurance $100
Trailer insurance & occupational insurance $100

$1511 left

Truck payment $800 (remember the price of trucks now)
Trailer rental $200

$511 left

Yes, $500 that's it.
You take a week off, Truck in the shop for a week etc you are $1400 in the hole with fixed costs.

You have to run non stop with no problems to barely keep your head above water.
It's impossible to hire a driver at $2 a mile, FORGET about that also.

 

This isn't mega carrier at 65% where they give u a trailer and a bunch of stuff.
Many places to lease on with higher percentage you lease on have more fees, you're responsible for getting a trailer etc.

 

Fuel costs alone are close to $1 a mile.

 

Flatbed.
You won't get that in van.

 

85% and up places to lease on YOU pay that and are responsible for a trailer.

Here's a couple examples.

CDL Flatbed Lease To Purchase! 2019 Volvo 85% gross/Brand new...

Owner operators wanted. Free Plates, 90% of the gross, 24hr pay. -...