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Thread: does this sound ok

  1. #41
    GhostCaptain is offline Rookie
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    Yes,you are right I miss used the word "avrg" what I ment to say
    was that most of the time our rates are $1.50 pm some times more, some times less,if you noticed I put the truck running 2500 miles per week when it usually run 3000, so i have 500X52=26000 miles to cover
    whatever expense you come up with, I am not posting a full accounting report just to prove something that I do not care if you beleive or not,
    my point is that anybody can run his truck at any rate he is happy with,
    as long as he is making money,how much? it depends in each individual needs, so if I want to run my truck for $1.00 per mile and I am happy with what I am making,so be it,at this moment I can afford to replace
    my 2 older trucks paying cash and recoup my investment with the help
    of other 3 trucks in less than 6 months, we all do business in a different way, I see money this way. If I have $25,000.00 at the bank for a year
    @7%apr I will be making $1750.00 in one year If I invest the same $25,000.00 in a truck and that truck gives me $450.00 per week I will be making in one month what I make in the bank in one year, so if any of my trucks gives me $1000.00 per week I am happy,happy,happy,
    It was nice talking to you guys, Sunday is over, so gotta go sleep,gotta run a trucking business in the morning

  2. #42
    solo379's Avatar
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    Quote Originally Posted by GhostCaptain
    my point is that anybody can run his truck at any rate he is happy with,
    Of course! The question is;-For how long?
    Pessimist,- is just well informed optimist!

  3. #43
    GhostCaptain is offline Rookie
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    For as long, as you are happy, with what you are making, (making means
    you are making money not losing it)

  4. #44
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    Captain, you made me wonder, if you even run this business of yours?
    Do you familiar, with the Cost per mile concept?
    I'm leased O/O, truck only, plates, permits, fuel tax, trailers, C&L Ins...paid by the company. My truck is 2005 got it new in 2004, and it's been paid off about a year ago.
    Still, i figuring my CPM at $0.95cpm, before my wages, at the current fuel price. Oh! Forgot to mention, I'm averaging 7mpg.

    I assume, you are running under your authority, with your own trailers...
    I also believe that you did get lucky to find a morons to run for $0.30cpm no benefits, and you don't pay payroll and other related taxes...
    And finally, i do believe, that you are happy with your numbers...

    What i don't believe, is that you could run profitable business, cause it's against the law of math, and against the law of practical common sense!
    Pessimist,- is just well informed optimist!

  5. #45
    Dejanh is offline BANNED Senior Board Member
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    Quote Originally Posted by Rev.Vassago
    Quote Originally Posted by GhostCaptain
    $826.69 still good for 2 days work and lots of good quality time at home
    On what planet is it possible to run 2,100 miles in 2 days?

    .
    I ran it twice a week from Chicago to L.A. no loading/unloading.


    plannet earth..

  6. #46
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    Quote Originally Posted by Dejanh
    Quote Originally Posted by Rev.Vassago
    Quote Originally Posted by GhostCaptain
    $826.69 still good for 2 days work and lots of good quality time at home
    On what planet is it possible to run 2,100 miles in 2 days?

    .
    I ran it twice a week from Chicago to L.A. no loading/unloading.


    plannet earth..
    Now tell me you did it legally so I can laugh.

  7. #47
    GhostCaptain is offline Rookie
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    I do not know what % of the revenue per trip are you getting, but lets assume you are getting 70%. That means the company is getting $300.00
    of every $1000. I do not know eather if you run FB or DV, but lets say you running Dry Van at a very good rate of $1.75 which I doubt, if you run 3000 miles in a week,that is $5250.00-30% =$3675.00 that is your gross, now 3000miles/7gpm=428Gl@$3.80=1626.00
    Your gross $3675.00 minus fuel $1626.00=$2049.00/3000miles=$0.68 pm
    The Company $1575.00 Risk for their Van you pulling 0 it is insured
    You $0.68 per mile risk 2005 $45,000.00 truck, engine repair,clutch,transmission,blown tire, you never know what is going to break in the road

  8. #48
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    Quote Originally Posted by GhostCaptain
    I do not know what % of the revenue per trip are you getting, but lets assume you are getting 70%. That means the company is getting $300.00
    of every $1000. I do not know eather if you run FB or DV, but lets say you running Dry Van at a very good rate of $1.75 which I doubt,
    It would be a cold day in hell before I ran for $1.75 per mile gross. For the month of March so far, my average gross per mile rate has been $2.62 per mile plus FSC.

  9. #49
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    Quote Originally Posted by GhostCaptain
    ets say you running Dry Van at a very good rate of $1.75 which I doubt,
    That's about right. But,...for the last year, when fuel was about a buck a gallon cheaper, It's not "gross", it's my cut, also company I'm leased to, loosing about a million dollars every year on trucks, but recovering it 100 fold on a brokerage.

    Basically, they keep their own trucks, as a part of "customer service" not for profit.
    Also, when the fuel was around $2.50 a gallon, i did ask the boss, how much does it cost him to run a company truck?
    $1.62 a mile! Remember,- fuel was around $2.50 a gallon...
    Pessimist,- is just well informed optimist!

  10. #50
    GhostCaptain is offline Rookie
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    This are my costs per milelast year when Diesel was $2.50 pg)
    Fuel:$2.50/6mpg=$0.42 (rounded up to next cent)
    Driver:$0.30 cpm
    Ins C&L:$0.4 cpm
    Prev maint:less than a cent per mile
    Repairs:less than a cent per mile
    (based in running 600 miles per day)
    My cost per mile:$0.76 (per driving mile)
    That lives $0.74.5 cpm (from those you can take 25% for administrative expenses, tax,office,utilities,etc.)$0.74.5X130000miles=$96, 850.00
    This year we started applying FSC to level our fuel expenses, which of course,I own the trucks , company keeps it 100%
    It is a little bit different when you are a 1 truck O/P to a multiple truck Company
    If your Company is losing $1,000,000.00 with their trucks, they must own a lot of trucks and should be getting big discounts in everything,from fuel to tires and spare parts, I think they lied to you

  11. #51
    protrkdriver is offline Member
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    damn this post has grown. this last trip took longer than usual. slept to much...lol . just to comment, i must confess i dont run legal. but i make it look that way.tell me all these drivers do.if u logged like u should u couldnt get anything done. i have never run legal and never will. i run the way i want too. and the volvo i got has 470,000 miles on it. 3rd truck iv owned. also once a mounth i pull a tanker from birmingham to chatanooga and back for 810.00 and a load from birmingham to huntsville for 450.00 twice a mounth.

  12. #52
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    Captain, you are kidding yourself, and that was a typical example of "truckers math" Basically, it's what's called "cash flow mirage"
    On that note, I'll stop, cause i see no point in further conversation!
    Pessimist,- is just well informed optimist!

  13. #53
    GhostCaptain is offline Rookie
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    Of course it is TRUCKERS MATH why should I use any other kind
    of math if I am a trucker,and yes it is very basic, as I posted in other
    post I am not going to post a full Accounting Report just to prove somenthing, some one said I did not know nothing about the cost of running a truck,I posted those numbers,just to BASICALLY show you that I do.
    And by the way, I am MEXICAN and own Mexican trucks that come across to USA every day from Mexico to deliver the loads my American Trucks are going to take up North,

    and yes you are right I do not see a point for further conversation,
    since we basiclly hijaked PROTRKDRIVER thread, sorry pro, and you are right many drivers don`t and will never run legal,and many Companies even press drivers to run ilegal, and if you are happy with the money you
    are bringing home, then keep up the good work

  14. #54
    no_worries is offline Senior Board Member
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    Less than $.02/mile for preventative maintenance, repairs, tires, etc.? How big is your bailing wire and duct tape budget?

    $.30/mile pay, no bennies, no workers' comp...where do I sign up?

  15. #55
    Dejanh is offline BANNED Senior Board Member
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    Now tell me you did it legally so I can laugh.

    Never said such thing.

  16. #56
    GhostCaptain is offline Rookie
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    jajajja as I said "VERY PREDICTABLE REPLAYS"

    BYE,BYE no more posting from this GHOSTCAPTAIN

    "EL CAPITAN FANTASMA" EX MEXICAN AIR FORCE PILOT

  17. #57
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    Quote Originally Posted by GhostCaptain
    jajajja as I said "VERY PREDICTABLE REPLAYS"
    Who would have thought - Logic has become predictable.

    BYE,BYE no more posting from this GHOSTCAPTAIN
    no please dont go i shall die without you

  18. #58
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    Quote Originally Posted by GhostCaptain
    BYE,BYE no more posting from this GHOSTCAPTAINT
    seems i have heard this somewhere before,is that you Steve?
    "I love college football. It's the only time of year you can walk down the street with a girl in one arm and a blanket in the other, and nobody thinks twice about it." --Duffy Daugherty



  19. #59
    GhostCaptain is offline Rookie
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    Sorry could not resist, NO, NOTSTEVE

  20. #60
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    Quote Originally Posted by GhostCaptain
    Sorry could not resist, NO, NOTSTEVE
    BYE,BYE no more posting from this GHOSTCAPTAIN

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