How much does it cost to run a truck?

[2]

What is the real cost?

Including fuel spikes, inflation on everything else, slowing economy, cheating carriers, down time, various risk factors, ect.

Anything else you can add.
Tell me true...

[Orangetxguy]

Too much.

$59.95

[ICS]

59.95?

you must have an older truck, costs me 56.95!!!
plus a marriage, my kids hate me, my back is killing me and I forgot what my house looks like.

Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.

All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions.

[Rev.Vassago]

Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.

All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions.

TRANSLATION = I HAVE NO IDEA WHAT IT COSTS ME TO OPERATE

[mike3fan]

.91cpm without figuring in depreciation on my truck(waiting for the CPA on this one,as I am not clear on how it works to tell the truth).

[Red Clay Rambler]

mike, does your .91 include what you take in salary?

[allan5oh]

.91cpm without figuring in depreciation on my truck(waiting for the CPA on this one,as I am not clear on how it works to tell the truth).

Depreciation is tricky for several reasons.

First, the "government" method isn't the true method.

Second, we never really know what our truck is worth unless we trade it or sell it.

What I do, is take my payments at face value. For example, my payments were $1400 a month, and I was doing 10,000 miles a month. My truck cost was 14 CPM. I simply took it at face value for 3.5 years.

Now that it is paid off, my truck "depreciation" is zero, because I've taken my payments at face value the whole time. You could do the math, and figure that you're slowly passing your depreciation(but not in the first couple years) but that to me doesn't make sense.

I'm not talking about taxes here, just simply my own calculation of my truck cost.

Taking both the 14 CPM then somehow(I don't know how you would do it) adding depreciation, would be double dipping in a negative way. It wouldn't be true cost at all.

[ICS]

EXPENSES

FIXED
Truck payment
Truck Depreciation
License, Permits, FHUT
Truck Insurance
Health Ins
Legal and Accounting costs

VARIABLE
fuel
fuel tax
repairs
outside labor
Phone / Communication
Motel
Office
Company Charges
Supplies
Miscellaneous

PERSONAL EXPENSES
Family Support
Mortgage
Auto
Food on the road
Entertainment
Hotels
Car rental


Thats what I came up with... just fill in the blanks

[Fredog]

EXPENSES

FIXED
Truck payment
Truck Depreciation
License, Permits, FHUT
Truck Insurance
Health Ins
Legal and Accounting costs

VARIABLE
fuel
fuel tax
repairs
outside labor
Phone / Communication
Motel
Office
Company Charges
Supplies
Miscellaneous

PERSONAL EXPENSES
Family Support
Mortgage
Auto
Food on the road
Entertainment
Hotels
Car rental


= TOO DARN MUCH!!!

Thats what I came up with... just fill in the blanks

[2]

Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.

All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions.

Thanks, Steve, but I think I have a better idea than most. At least the ones running under a carrier's authroity.

The thread was a reflection of all the doom and gloom threads about rates, volumes, ect., that are on the board, right now.

A lot of folks plan their effort at around 2,500 miles a week, 6 mpg. Current conditions point out the fallacy of trying to plan so close.

I'm led to believe that the head count of O/O's, shrinks every year.
There is a lot more than retirement, that is causing the shrinkage.

[rank]

Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.

All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions.

Thanks, Steve, but I think I have a better idea than most. At least the ones running under a carrier's authroity.

The thread was a reflection of all the doom and gloom threads about rates, volumes, ect., that are on the board, right now.

A lot of folks plan their effort at around 2,500 miles a week, 6 mpg. Current conditions point out the fallacy of trying to plan so close.

I'm led to believe that the head count of O/O's, shrinks every year.
There is a lot more than retirement, that is causing shrinkage.

Currently $1.88/mile. Plus WSIB, employee benefits and DH miles.....and don't say shrinkage.

[Rev.Vassago]

A lot of folks plan their effort at around 2,500 miles a week, 6 mpg. Current conditions point out the fallacy of trying to plan so close.

Some of us were stressing the importance of calculating your costs by the day rather than by the mile years ago. :wink:

[BigDiesel]

A Bajillion dollars !!!!!

[rank]

Actually I lied above. $1.88 is for trucks, trailers and drivers. So I guess my answer to your question is ~.70/mile + trailer, driver, WSIB & Dh miles.

[Orangetxguy]

Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.

All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions.

Thanks, Steve, but I think I have a better idea than most. At least the ones running under a carrier's authroity.

The thread was a reflection of all the doom and gloom threads about rates, volumes, ect., that are on the board, right now.

A lot of folks plan their effort at around 2,500 miles a week, 6 mpg. Current conditions point out the fallacy of trying to plan so close.

I'm led to believe that the head count of O/O's, shrinks every year.
There is a lot more than retirement, that is causing the shrinkage.

2...What is your definition of an Owner Operator? I have noticed that lot's of people whom are registered and operate under their own USDOT/MC number call themselves Owner-Operators.

Take Steve Booth, Big Diesel and Rank for example. Steve and Big Diesel are American, operating under their own USDOT authority, with their own UCR registrations, permits, insurances, and MC150 agents, etc. Rank is Canadian, working basicly the same way Steve and Big D do, under his own authorities, insurance and plate registration. They are, legally "Motor Carriers" not "Owner-Operators".

Now...Rev, Mike3 and I are Owner-Operators. Rev is now leased into Landstar, operating under Landstars authorities, insurances and permits.
Mike3 is leased into Dana-Suttles, operating under their authorities, permits, insurances, etc. I am leased into Miller Transporters, and again, operating under their authorities, permits, insurances, etc.

Rev, has the flexability to choose what he does, where he goes, and how much he does. Mike3 and I also have some flexability, but nothing like Rev has. Mike3 has dispatchers he must deal with on each load he pulls, as do I. Mike3 may be able to contact his shippers and receivers once assigned a load, I do not. Mike and I each have the ability to reject loads..but that can only be pushed so far...at least in my case.

So..there we are. Three "Motor Carriers" and three "Owner-Operators". Yet..Steve, Big D& Rank, consider themselves O/O's, just like Mike, Rev & I.

[BOOM]

So what type of frieght do each of them haul?

So what type of frieght do each of them haul?

I haul anything that will fit on a flatbed except onions and oversize.

[RostyC]

I haul anything that will fit on a flatbed except onions and oversize.

Yeah, Steve puts the onions IN the cab with him.