Operating Cost

[mike3fan]

O/O leased onto a company pulling their trailers

Based on 121,590 odometer miles

Fuel .4765 a mile
Tolls .0191
R&M .1236
Truck .1606
Trk Ins. .0249
WorkCom .0143
Health Ins. .0197
Idleaire/motel .0077
phone/internet .0184


total .8648 a mile

everything else including office expenses,UPS charges,trip permits and scales comes out to another .0050 a mile,I figure right at .87cpm

thats no maintaince fund or truck depreciation or the like,strickly operating cost this year.

[mike3fan]

I also forgot plates,I don't have the exact cost with me

Edit: exact cost was $1,916.30 for .01576 cpm

[no_worries]

I didn't say meals should be included. You misread what I wrote.

[GMAN]

At the risk of hijacking the thread GMAN, as you likely know I've spent all of my adult life in this industry, have trucked all over the US & Canada, & now after 29 years on the road, 4 years ago, I have made the full circle & gone back to my beginnings in the Canadian Arctic. I love what I do & hope to help others when I can, and the day I figure I know it all is when I have become what I never wanted to ever be known as *Super Trucker*, that's the day I hang up my skates cause IMHO that is the day I become a menace!

Always have subscribed to "If I didn't learn something today, I wasted the day" philosophy on life!

I look forward to your comments, calming voice when others get offended (you never seem to & I try not to, but some days.... ), & the wisdom you have no doubt come by the hard way! As I said earlier, please, keep the wisdom coming...we could all use some of it!

Thanks, wildkat. I think that there is always something new to learn.

[Redd202]

Of your total odometer miles per year, what percentage would you say are dead head?

[GMAN]

My deadhead usually runs at or just under 10%. Lately, it has been running much less.

[mike3fan]

Of your total odometer miles per year, what percentage would you say are dead head?

30%

[wildkat]

I probably run empty 50% of the time, where I run to there is almost no return freight, but then it makes zero difference to me as I'm paid the same loaded or empty!

[rank]

You cannot figure in depreciation when calculating costs. It's strictly how much money that comes out of your pocket.

And that comes exactly from there! If i spend 100+ grand on equipment, i sure suppose to count it, as a "cost of doing business"! :P

I have to agree that the equipment, paid for or not must be in the operating expense. We just paid cash for a 2008 T660...$115,000...and I'm here to tell ya that IS an expense.

Currently $1.40/mile + driver BTW. Canadian carrier - 4 trucks and 5 trailers. If anybody wants a breakdown do a search. I've typed it about 5 times.

[allan5oh]

That's what I'm saying rank.

If someone is paying 2k a month, who cares if you're beating your truck depreciation by 200 a month or so?

[BanditsCousin]

Its hard to say my costs/mile as a leased o/o doing hhg. Since revenue is more important than miles, its hard to gauge CPM. But my costs are

License plates (annually) $1700 ($141.66mo)
Workmans Comp $440/mo
Bobtail $35/mo
PLPD varies from 3-500/mo (% of linehaul)
Truck payment $2250mo
Insurance is $225/mo
My fuel cost is 68cpm
Cell phone $150 (qualcomm in phone)
*the workmans comp is something freight haulers don't need, including a policy for lumpers

Add that up its about $3700/mo before I fuel. I run and average of 8200 mi/mo. Divide that up amongst the miles and my fixed costs of about 45cpm. Add fuel @ 68cpm and 5cpm for maintenance and I sit at about $1.18/mi.

Keep in mind 8200 mi/mo isn't much. Speard that over 9 or 10K miles and the CPM drops drmatically. If I ran 10K miles I'd be at 37cpm for truck, 68cpm for fuel and 5cpm for maintenance, I'm at $1.10/mi.

[Rev.Vassago]

*the workmans comp is something freight haulers don't need, including a policy for lumpers

Freight haulers have to carry workman's comp policies on themselves at many carriers, if not all. They just don't need to carry policies on their labor.

[Joymax_Trans2]

It cost us .90/miles. This includes fixed and variable cost.