Your operating cost per mile?

Discussion in 'Ask An Owner Operator' started by fuzzeymateo, Jun 3, 2013.

  1. vikingswen

    vikingswen Road Train Member

    1,436
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    Jun 14, 2012
    In the Stratosphere
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    It is not how many miles you run it is about how much those miles pay. Lots of people seem to forget that. I met a guy in the neighbor town and he showed me his numbers for 2011. He drove 56,000mls and made $180,000 with his 91 Pete and two different trailers he owns.
     
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  3. 379exhd

    379exhd Road Train Member

    2,925
    3,153
    Jun 25, 2012
    rolling through hell
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    Eh that's true...I know the last $500 day I had lost my ### though. It was actually SUPPOSED to be a $500 day turned into about a $-450 day got stuck and the load didn't cover the tow bill. However we have had $500 days where we have taken home money not much as you said but still profit. Working on averages is good. I prefer to go week to week but a balance of the 2 is probably the best. I know where you are coming from but there are times when averaging at the end of the week can screw you. Been there though I made more than I did at the end of the week and threw my load book out the window I was so livid.
     
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  4. rollin coal

    rollin coal Road Train Member

    13,288
    26,799
    Mar 29, 2008
    TN
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    80K miles in a year dispatching yourself, trying to get top dollar rates amongst competition who constantly lowers the bar, is hard work. I turned 76K last year. I'm on pace to maybe turn about 10K less than that this year, or if things get really busy 4th quarter I could possibly match those miles. Like another poster said it's not the miles you turn, it's what you keep and the rates you earn. I'll take $120K on 50K miles in a year over $225K on 150K miles every single time... Actually I'd never be happy turning 100K+ miles in a year unless it was at $2.30-$2.50 a mile or better. Been there and done it for much less per mile. It's no fun making everyone else money and not having any left over for one's self.
     
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  5. MNdriver

    MNdriver Road Train Member

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    4,372
    Feb 24, 2012
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    I should point out, when I say "important", it was actually hurting some of my decisions on the loads I accepted.
     
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  6. BAYOU

    BAYOU Road Train Member

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    1,592
    Sep 23, 2010
    Beaumont,Tx
    0
    that's right!!!!!!!!
     
  7. BAYOU

    BAYOU Road Train Member

    2,847
    1,592
    Sep 23, 2010
    Beaumont,Tx
    0
    In fact as of the first of this month 6-1-13 I'm at $3.38/mi all miles. I have only sleep in my truck 22 nights and really enjoying spending time at home. I may only make $150,k this year but it will only cost me $50,000 to do it, yesterday I made $1,115 on 42 miles that's $26/mi that there is what keeps my numbers up!!!!
     
    rollin coal and Container Hauler Thank this.
  8. 379exhd

    379exhd Road Train Member

    2,925
    3,153
    Jun 25, 2012
    rolling through hell
    0
    10-4 understand exactly what your saying now.
     
    MNdriver Thanks this.
  9. Tennessee Trucker

    Tennessee Trucker Heavy Load Member

    922
    385
    Aug 17, 2011
    Winchester,Tn.
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    i lease my truck from idealease, its full service maintaince and i have peace of and i get a new truck every 4 years, if your goal is to build equity then this option may not be for you, personally i dont care the truck is a tool to make money not a toy. I use Kevin Rutherfords software to keep my books it gives an amzingly accurate look at my operation, i have a degree in finance so i am always looking at ways to maximize my profits, now i am lucky in that i haul loads less than 20000# most of the time in a dry box so my fuel costs are going to be lower than someone hauling oversize, and id drive slow as crap because the loads i haul dont require me to be in a huge hurry, the object is drive smarter not harder,fuel this month averaged me .43 cpm
     
    Twicebit Thanks this.
  10. Appotox

    Appotox Bobtail Member

    44
    2
    Apr 6, 2013
    0
    Runs me 1.24 per mile.Including payment,insurance,iftas,kyus,mant. and rest of god knows what.
     
  11. osumike33

    osumike33 Light Load Member

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    Jun 10, 2011
    Middletown, OH
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    $.43 for fuel....could you break that down a bit more, show how you did that? MPG? Do you get a huge discount? Must run very little deadhead....the lease deal sounds good too, though I'm sure that can't be inexpensive.
     
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