3rd qtr numbers are in

[rank]

For the quarter endng July '07:

2 trucks, steps and double drops, outbound revenue not included (backhauls only), all figures in US dollars, average cost per mile based on a slew of estimates is $1.50 including driver, previous quarters in brackets.

Revenue:$41,458 ($31,684) ($27,883)
Loaded miles: 11,717 (8,525) (8,861)
Dead miles to P/U: 3,155 (1,830) (3,985)
Dead miles back to yard: 3,375 (1,861) (1,926)
All miles: 18,247 (12,216) (14,772)

$/loaded mile: $3.54 ($3.71) ($3.14)
$/all miles: $2.27 ($2.60) ($1.89)
DH %: 36% (30%) (40%)

Pre-tax profit from backauls: $13,645 ($13,500) ($7,927)


Over anal-izing? Maybe but I find it forces me to review how things are going and why.

We put alot more miles on the equipment to get the same profit as the previous quarter. In Q2 I did alot of sitting until I got a good rate, but in this latest quarter:
-I didn't get the homeruns that I got in Q2 (i.e. several loads that paid between $2,000 - $3,500 on 500 miles.
-I found a good paying broker and I have moved loads for him that are a little out of my area.
-We have more outbound so the pressure is on to get backhauls.
-Possibly rates have softened since Q2 but I'm not sure.

EDIT to correct error (thanks RostyC): 30% DH was 43%

[RostyC]

That's interesting thanks rank. I don't think it's over analyzing at all really. You should know all your numbers. It's fun to watch numbers and analyze, I think anyway. Look how your gross jumped 10,000 but your average $ per mile dropped because of dead head. Your pretax profit only went up 145.00 from last quarter on another 3192 miles. That's .04 a mile.

I just noticed too that your dead head % dropped from 43 to 36. That's confusing.

It's too early I need a coffee.

[person]

Yeh. Maybe a little more commentary on these numbers?

[mudpuddle]

Rank states in his post he is running a little out of his area to cover loads for a broker. I would assume that this means longer length of haul. More deadhead miles but lower percentage because of longer average length of haul.

[rank]

Rank states in his post he is running a little out of his area to cover loads for a broker. I would assume that this means longer length of haul. More deadhead miles but lower percentage because of longer average length of haul.

Yes that's right mudpuddle. The loaded miles are going up but so is DH.

Rosy was right too though. 43% was a mistake. Should have been 30%.

I don't think I'll be able to repeat that $3.71 per loaded mile. It is artificially high because it includes detention and we had alot of that. We also did quite a few wide loads at that time too, which articially inflates revenue as well cost of permits. Not counting detention and permits, I bet $/loaded mile is at a high.