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Thread: Superior Carriers and Carry Transit

  1. #141
    DD60 is offline Board Regular DD60 is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Quote Originally Posted by Skywalker
    Quote Originally Posted by DD60
    when Cyanide says he makes $1.18 a mile.....he is arriving at that figure based on every inch that tractor moves....each and every last inch is included. He's not counting just revenue producing miles and deadhead miles to tankwashes and terminals, he's including the miles he puts on the tractor no matter where he goes. Got it?



    Balance that with all operating costs associated with owning the truck and what do you have left?
    Asked and answered.....guess you "missed it". 8)



    No,I didn't miss it. It would be too low of a figure for me to work with,but like I said before,to each their own.
    Keep right,Pass left

  2. #142
    mbadriver is offline Board Regular mbadriver is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    You can also buy a truck from Superior for $15K. With that investment you are evaluating the underlying financial fundamentals in weeks/months instead of years. Low investment = low risk = not much to worry about = enjoying a few extra days at home.

    I have not take the time to read all your posts on this subject. But, it seems you may be missing the point with respect to Carlos' goals.

    Quote Originally Posted by DD60
    Quote Originally Posted by Skywalker
    Quote Originally Posted by DD60
    when Cyanide says he makes $1.18 a mile.....he is arriving at that figure based on every inch that tractor moves....each and every last inch is included. He's not counting just revenue producing miles and deadhead miles to tankwashes and terminals, he's including the miles he puts on the tractor no matter where he goes. Got it?



    Balance that with all operating costs associated with owning the truck and what do you have left?
    Asked and answered.....guess you "missed it". 8)



    No,I didn't miss it. It would be too low of a figure for me to work with,but like I said before,to each their own.
    "He knew who I was, at that time, because I had a reputation as a writer. I knew he was part of the Bush dynasty. But he was nothing, he offered nothing, and he promised nothing. He had no humor. He was insignificant in every way and consequently I didn't pay much attention to him. But when he passed out in my bathtub, then I noticed him. I'd been in another room, talking to the bright people. I had to have him taken away." -on meeting George W Bush at Thompson's Super Bowl party in Houston in 1974

    Buy the ticket. Take the ride.

  3. #143
    Skywalker's Avatar
    Skywalker is offline Senior Board Member Skywalker is a trusted source of information and would probably pick up your dry cleaning. Skywalker is a trusted source of information and would probably pick up your dry cleaning.
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    Pulling a Tanker for Superior Carriers!!
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    Actually, while you are entirely free to exercise your opinion....like the rest of us, I fail to see where you actually have a problem, considering the following:

    Oct. 8th to Dec. 31st, 2007
    Gross: $31,803.78
    Total fixed and variable expenses: $20,462.93
    Taxable Net: $11,340.85
    Hub Miles: 27,678 (ALL ODOMETER miles off-duty and on-duty.)
    Avg.: $.409/mile
    Days Working: 52
    Days Off: 33


    Regardless of cpm or anything else, the most salient factor is simply that in an 11 week period, during which he took off 33 days, he still "netted" $11,340.85....which in true "truckers math" that being applying the $$ only to days or weeks worked.... he made $11,340.85 in 7.5 weeks, or $1512.11 for each week worked. Not bad after all expenses.

    Since you're such a "high-roller"...suppose you post your numbers? Or are you "sceeeered"?

    Oh, never mind that had he done it like a true lease slave or indentured O/O with a supertruck....and had he stayed out incessantly for the entire 11 weeks ....he would have netted $16333.21 for 11 weeks. Oh, and lets not forget what time of year this was....with major holidays and slowdowns involved.. Lets take it just one step farther... if he was to do it true "chickenhauler/truckdweller" style....for 52 weeks out of the year, that would net him $78,629.72. But he has other priorities and isn't going to do that. 8)

    While you might declare $3.00+ to be your revenue....thats wonderful, but for how many miles? 3 X 100 is only 300. 10 X 30 is 300. SO, the reality is that without some forthcoming exposure of your actual and realistic numbers....the situation remains: Opinions are like *******s, and you have one too.....but the difference lies in the fact that yours lacks substance 8)

    Your numbers, please?"
    Forrest Gump was right....and some people literally strive to prove it.....everyday. Strive not to be one of "them".... And "lemmings" are a dime a dozen!

    Remember: The "truth WILL set you free"! If it doesn't "set you free"....."it will trap you in the cesspool of your own design".

    They lost my original "avatar"....oh well.


  4. #144
    Skywalker's Avatar
    Skywalker is offline Senior Board Member Skywalker is a trusted source of information and would probably pick up your dry cleaning. Skywalker is a trusted source of information and would probably pick up your dry cleaning.
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    Quote Originally Posted by mike3fan
    Quote Originally Posted by Skywalker
    But I made it up to him later....
    not touching that one with a ten foot pole....... 8)
    Get your mind out of the gutter Mike..... If you must know, my wife and I took him out to eat a couple of weeks later and we picked up the tab.....and he wasn't bashful that time either. :shock:
    Forrest Gump was right....and some people literally strive to prove it.....everyday. Strive not to be one of "them".... And "lemmings" are a dime a dozen!

    Remember: The "truth WILL set you free"! If it doesn't "set you free"....."it will trap you in the cesspool of your own design".

    They lost my original "avatar"....oh well.


  5. #145
    DD60 is offline Board Regular DD60 is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Quote Originally Posted by Skywalker
    Actually, while you are entirely free to exercise your opinion....like the rest of us, I fail to see where you actually have a problem, considering the following:

    Oct. 8th to Dec. 31st, 2007
    Gross: $31,803.78
    Total fixed and variable expenses: $20,462.93
    Taxable Net: $11,340.85
    Hub Miles: 27,678 (ALL ODOMETER miles off-duty and on-duty.)
    Avg.: $.409/mile
    Days Working: 52
    Days Off: 33


    Regardless of cpm or anything else, the most salient factor is simply that in an 11 week period, during which he took off 33 days, he still "netted" $11,340.85....which in true "truckers math" that being applying the $$ only to days or weeks worked.... he made $11,340.85 in 7.5 weeks, or $1512.11 for each week worked. Not bad after all expenses.

    Since you're such a "high-roller"...suppose you post your numbers? Or are you "sceeeered"?

    Oh, never mind that had he done it like a true lease slave or indentured O/O with a supertruck....and had he stayed out incessantly for the entire 11 weeks ....he would have netted $16333.21 for 11 weeks. Oh, and lets not forget what time of year this was....with major holidays and slowdowns involved.. Lets take it just one step farther... if he was to do it true "chickenhauler/truckdweller" style....for 52 weeks out of the year, that would net him $78,629.72. But he has other priorities and isn't going to do that. 8)

    While you might declare $3.00+ to be your revenue....thats wonderful, but for how many miles? 3 X 100 is only 300. 10 X 30 is 300. SO, the reality is that without some forthcoming exposure of your actual and realistic numbers....the situation remains: Opinions are like *******s, and you have one too.....but the difference lies in the fact that yours lacks substance 8)

    Your numbers, please?"

    Please show me where I claimed to make 3.00+ a mile? From Oct to Dec. I drove 19,000 miles and grossed 33,889.00. This is for all miles ran including deadhead. My truck is a 2000 classic and not much worth more than 30k and my highest out-of-pocket expense is my insurance since I have my own authority. These numbers will change in the upcoming months. Hopefully in an upward direction. BTW,those fixed variable expenses can change if something drastic happens,such as losing a motor or transmission. It is not impossible to make it on 1.18 a mile if you are busy enough and hardly have any problems with the truck,but to me it isn;t worth the risk. A company driver can earn 1552.00 a week and not have the headaches and hassles of owning a truck. If either the motor or transmission go out within a 60-day period you could be looking at 20k or more plus weeks of downtime to replace it. With an old truck priced at 15k this makes it even riskier.
    Keep right,Pass left

  6. #146
    hamboner is offline Board Regular hamboner is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    That is valid point DD60. The reason trucks depreciate so fast is because they become increasingly costly to maintain. With a truck in that price range I would not put a major breakdown out of question. If I were gonna run something older I would make sure I had a reserve set aside for the just in case scenario...... as in another $15,000 grand set aside for an engine overhaul.


    Quote Originally Posted by DD60
    Quote Originally Posted by Skywalker
    Actually, while you are entirely free to exercise your opinion....like the rest of us, I fail to see where you actually have a problem, considering the following:

    Oct. 8th to Dec. 31st, 2007
    Gross: $31,803.78
    Total fixed and variable expenses: $20,462.93
    Taxable Net: $11,340.85
    Hub Miles: 27,678 (ALL ODOMETER miles off-duty and on-duty.)
    Avg.: $.409/mile
    Days Working: 52
    Days Off: 33


    Regardless of cpm or anything else, the most salient factor is simply that in an 11 week period, during which he took off 33 days, he still "netted" $11,340.85....which in true "truckers math" that being applying the $$ only to days or weeks worked.... he made $11,340.85 in 7.5 weeks, or $1512.11 for each week worked. Not bad after all expenses.

    Since you're such a "high-roller"...suppose you post your numbers? Or are you "sceeeered"?

    Oh, never mind that had he done it like a true lease slave or indentured O/O with a supertruck....and had he stayed out incessantly for the entire 11 weeks ....he would have netted $16333.21 for 11 weeks. Oh, and lets not forget what time of year this was....with major holidays and slowdowns involved.. Lets take it just one step farther... if he was to do it true "chickenhauler/truckdweller" style....for 52 weeks out of the year, that would net him $78,629.72. But he has other priorities and isn't going to do that. 8)

    While you might declare $3.00+ to be your revenue....thats wonderful, but for how many miles? 3 X 100 is only 300. 10 X 30 is 300. SO, the reality is that without some forthcoming exposure of your actual and realistic numbers....the situation remains: Opinions are like *******s, and you have one too.....but the difference lies in the fact that yours lacks substance 8)

    Your numbers, please?"

    Please show me where I claimed to make 3.00+ a mile? From Oct to Dec. I drove 19,000 miles and grossed 33,889.00. This is for all miles ran including deadhead. My truck is a 2000 classic and not much worth more than 30k and my highest out-of-pocket expense is my insurance since I have my own authority. These numbers will change in the upcoming months. Hopefully in an upward direction. BTW,those fixed variable expenses can change if something drastic happens,such as losing a motor or transmission. It is not impossible to make it on 1.18 a mile if you are busy enough and hardly have any problems with the truck,but to me it isn;t worth the risk. A company driver can earn 1552.00 a week and not have the headaches and hassles of owning a truck. If either the motor or transmission go out within a 60-day period you could be looking at 20k or more plus weeks of downtime to replace it. With an old truck priced at 15k this makes it even riskier.

  7. #147
    mike3fan's Avatar
    mike3fan is offline Senior Board Member mike3fan is a distinguished poster and probably helps little old ladies across the street. mike3fan is a distinguished poster and probably helps little old ladies across the street. mike3fan is a distinguished poster and probably helps little old ladies across the street.
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    Quote Originally Posted by DD60
    It is not impossible to make it on 1.18 a mile if you are busy enough and hardly have any problems with the truck,but to me it isn;t worth the risk. A company driver can earn 1552.00 a week and not have the headaches and hassles of owning a truck. If either the motor or transmission go out within a 60-day period you could be looking at 20k or more plus weeks of downtime to replace it. With an old truck priced at 15k this makes it even riskier.
    This is a fair statement,but could a company driver take 33 days off in 11 weeks and still make this much?

    More than likely not,which is why Cyanide went in this direction,it basically gives him drivers wages+ and gives him the oppurtunity to take extra time off to do things that are important to him,I for one wish I was in the same position,but we all make our own priorities.

    Would I,or could I run for $1.18 a mile?,no but I also can't take off 33 days in 2.5 months either.
    "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



  8. #148
    mbadriver is offline Board Regular mbadriver is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    It's not like your buying from Joe's Buy Here Pay Here Cream Puff Used Motor Cars.

    You talk to the driver and mechanics and get one that just had a new drive train or engine. Superior's equipment might not be the purdiest, but they are pretty good on the maintenance.



    Quote Originally Posted by hamboner
    That is valid point DD60. The reason trucks depreciate so fast is because they become increasingly costly to maintain. With a truck in that price range I would not put a major breakdown out of question. If I were gonna run something older I would make sure I had a reserve set aside for the just in case scenario...... as in another $15,000 grand set aside for an engine overhaul.


    Quote Originally Posted by DD60
    Quote Originally Posted by Skywalker
    Actually, while you are entirely free to exercise your opinion....like the rest of us, I fail to see where you actually have a problem, considering the following:

    Oct. 8th to Dec. 31st, 2007
    Gross: $31,803.78
    Total fixed and variable expenses: $20,462.93
    Taxable Net: $11,340.85
    Hub Miles: 27,678 (ALL ODOMETER miles off-duty and on-duty.)
    Avg.: $.409/mile
    Days Working: 52
    Days Off: 33


    Regardless of cpm or anything else, the most salient factor is simply that in an 11 week period, during which he took off 33 days, he still "netted" $11,340.85....which in true "truckers math" that being applying the $$ only to days or weeks worked.... he made $11,340.85 in 7.5 weeks, or $1512.11 for each week worked. Not bad after all expenses.

    Since you're such a "high-roller"...suppose you post your numbers? Or are you "sceeeered"?

    Oh, never mind that had he done it like a true lease slave or indentured O/O with a supertruck....and had he stayed out incessantly for the entire 11 weeks ....he would have netted $16333.21 for 11 weeks. Oh, and lets not forget what time of year this was....with major holidays and slowdowns involved.. Lets take it just one step farther... if he was to do it true "chickenhauler/truckdweller" style....for 52 weeks out of the year, that would net him $78,629.72. But he has other priorities and isn't going to do that. 8)

    While you might declare $3.00+ to be your revenue....thats wonderful, but for how many miles? 3 X 100 is only 300. 10 X 30 is 300. SO, the reality is that without some forthcoming exposure of your actual and realistic numbers....the situation remains: Opinions are like *******s, and you have one too.....but the difference lies in the fact that yours lacks substance 8)

    Your numbers, please?"

    Please show me where I claimed to make 3.00+ a mile? From Oct to Dec. I drove 19,000 miles and grossed 33,889.00. This is for all miles ran including deadhead. My truck is a 2000 classic and not much worth more than 30k and my highest out-of-pocket expense is my insurance since I have my own authority. These numbers will change in the upcoming months. Hopefully in an upward direction. BTW,those fixed variable expenses can change if something drastic happens,such as losing a motor or transmission. It is not impossible to make it on 1.18 a mile if you are busy enough and hardly have any problems with the truck,but to me it isn;t worth the risk. A company driver can earn 1552.00 a week and not have the headaches and hassles of owning a truck. If either the motor or transmission go out within a 60-day period you could be looking at 20k or more plus weeks of downtime to replace it. With an old truck priced at 15k this makes it even riskier.
    "He knew who I was, at that time, because I had a reputation as a writer. I knew he was part of the Bush dynasty. But he was nothing, he offered nothing, and he promised nothing. He had no humor. He was insignificant in every way and consequently I didn't pay much attention to him. But when he passed out in my bathtub, then I noticed him. I'd been in another room, talking to the bright people. I had to have him taken away." -on meeting George W Bush at Thompson's Super Bowl party in Houston in 1974

    Buy the ticket. Take the ride.

  9. #149
    hamboner is offline Board Regular hamboner is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    I dont know the condition of the truck or any of Superiors trucks, but I know from experience that they are all subject to major mechanical failure with lil or no warning whatsoever.

    Im not here trying to say that he can or cannot make it on his wages - just trying to point out the realities of owning a truck and being responsible for your own income and equipment.

    My Father has been an O/O for 35 years and he has had equipment that he ran for years after it was paid for and now he runs a truck that is a year old and makes payments on. Other than having to run a lil more to make payments his profit margins always stay about the same. The reason being when he has a truck payed for it is more maintenance intensive, and TAXES KILL YOU when you have lil or no equipment to depreciate at the end of the year. Having a newer truck means warranty covers most unexpected major repairs, less down time, and more to write off when paying the taxes. Last year my dad avg. around $1.75 for all miles. He pulls a flatbad and hauls mainly oversize structural steel and construction equipment for a large construction company that does business all over the country.



    Quote Originally Posted by mbadriver
    It's not like your buying from Joe's Buy Here Pay Here Cream Puff Used Motor Cars.

    You talk to the driver and mechanics and get one that just had a new drive train or engine. Superior's equipment might not be the purdiest, but they are pretty good on the maintenance.



    Quote Originally Posted by hamboner
    That is valid point DD60. The reason trucks depreciate so fast is because they become increasingly costly to maintain. With a truck in that price range I would not put a major breakdown out of question. If I were gonna run something older I would make sure I had a reserve set aside for the just in case scenario...... as in another $15,000 grand set aside for an engine overhaul.


    Quote Originally Posted by DD60
    Quote Originally Posted by Skywalker
    Actually, while you are entirely free to exercise your opinion....like the rest of us, I fail to see where you actually have a problem, considering the following:

    Oct. 8th to Dec. 31st, 2007
    Gross: $31,803.78
    Total fixed and variable expenses: $20,462.93
    Taxable Net: $11,340.85
    Hub Miles: 27,678 (ALL ODOMETER miles off-duty and on-duty.)
    Avg.: $.409/mile
    Days Working: 52
    Days Off: 33


    Regardless of cpm or anything else, the most salient factor is simply that in an 11 week period, during which he took off 33 days, he still "netted" $11,340.85....which in true "truckers math" that being applying the $$ only to days or weeks worked.... he made $11,340.85 in 7.5 weeks, or $1512.11 for each week worked. Not bad after all expenses.

    Since you're such a "high-roller"...suppose you post your numbers? Or are you "sceeeered"?

    Oh, never mind that had he done it like a true lease slave or indentured O/O with a supertruck....and had he stayed out incessantly for the entire 11 weeks ....he would have netted $16333.21 for 11 weeks. Oh, and lets not forget what time of year this was....with major holidays and slowdowns involved.. Lets take it just one step farther... if he was to do it true "chickenhauler/truckdweller" style....for 52 weeks out of the year, that would net him $78,629.72. But he has other priorities and isn't going to do that. 8)

    While you might declare $3.00+ to be your revenue....thats wonderful, but for how many miles? 3 X 100 is only 300. 10 X 30 is 300. SO, the reality is that without some forthcoming exposure of your actual and realistic numbers....the situation remains: Opinions are like *******s, and you have one too.....but the difference lies in the fact that yours lacks substance 8)

    Your numbers, please?"

    Please show me where I claimed to make 3.00+ a mile? From Oct to Dec. I drove 19,000 miles and grossed 33,889.00. This is for all miles ran including deadhead. My truck is a 2000 classic and not much worth more than 30k and my highest out-of-pocket expense is my insurance since I have my own authority. These numbers will change in the upcoming months. Hopefully in an upward direction. BTW,those fixed variable expenses can change if something drastic happens,such as losing a motor or transmission. It is not impossible to make it on 1.18 a mile if you are busy enough and hardly have any problems with the truck,but to me it isn;t worth the risk. A company driver can earn 1552.00 a week and not have the headaches and hassles of owning a truck. If either the motor or transmission go out within a 60-day period you could be looking at 20k or more plus weeks of downtime to replace it. With an old truck priced at 15k this makes it even riskier.

  10. #150
    mbadriver is offline Board Regular mbadriver is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    If you're paying taxes you're making money. If you have a bunch of deductions you are spending money. Having a big truck payment isn't the most creative way to keep the IRS out of your pocket. Also, you can write off the full cost of M&R in the year they happen.

    It's really 6 of one and a half dozen of the other. Personally, if I was getting into OO/IC I would rather get my feet wet with $15K out of my pocket versus risking defaulting on loan for a new truck.

    This is all moot if freight doesn't pick up :wink:
    Quote Originally Posted by hamboner
    I dont know the condition of the truck or any of Superiors trucks, but I know from experience that they are all subject to major mechanical failure with lil or no warning whatsoever.

    Im not here trying to say that he can or cannot make it on his wages - just trying to point out the realities of owning a truck and being responsible for your own income and equipment.

    My Father has been an O/O for 35 years and he has had equipment that he ran for years after it was paid for and now he runs a truck that is a year old and makes payments on. Other than having to run a lil more to make payments his profit margins always stay about the same. The reason being when he has a truck payed for it is more maintenance intensive, and TAXES KILL YOU when you have lil or no equipment to depreciate at the end of the year. Having a newer truck means warranty covers most unexpected major repairs, less down time, and more to write off when paying the taxes. Last year my dad avg. around $1.75 for all miles. He pulls a flatbad and hauls mainly oversize structural steel and construction equipment for a large construction company that does business all over the country.



    Quote Originally Posted by mbadriver
    It's not like your buying from Joe's Buy Here Pay Here Cream Puff Used Motor Cars.

    You talk to the driver and mechanics and get one that just had a new drive train or engine. Superior's equipment might not be the purdiest, but they are pretty good on the maintenance.



    Quote Originally Posted by hamboner
    That is valid point DD60. The reason trucks depreciate so fast is because they become increasingly costly to maintain. With a truck in that price range I would not put a major breakdown out of question. If I were gonna run something older I would make sure I had a reserve set aside for the just in case scenario...... as in another $15,000 grand set aside for an engine overhaul.


    Quote Originally Posted by DD60
    Quote Originally Posted by Skywalker
    Actually, while you are entirely free to exercise your opinion....like the rest of us, I fail to see where you actually have a problem, considering the following:

    Oct. 8th to Dec. 31st, 2007
    Gross: $31,803.78
    Total fixed and variable expenses: $20,462.93
    Taxable Net: $11,340.85
    Hub Miles: 27,678 (ALL ODOMETER miles off-duty and on-duty.)
    Avg.: $.409/mile
    Days Working: 52
    Days Off: 33


    Regardless of cpm or anything else, the most salient factor is simply that in an 11 week period, during which he took off 33 days, he still "netted" $11,340.85....which in true "truckers math" that being applying the $$ only to days or weeks worked.... he made $11,340.85 in 7.5 weeks, or $1512.11 for each week worked. Not bad after all expenses.

    Since you're such a "high-roller"...suppose you post your numbers? Or are you "sceeeered"?

    Oh, never mind that had he done it like a true lease slave or indentured O/O with a supertruck....and had he stayed out incessantly for the entire 11 weeks ....he would have netted $16333.21 for 11 weeks. Oh, and lets not forget what time of year this was....with major holidays and slowdowns involved.. Lets take it just one step farther... if he was to do it true "chickenhauler/truckdweller" style....for 52 weeks out of the year, that would net him $78,629.72. But he has other priorities and isn't going to do that. 8)

    While you might declare $3.00+ to be your revenue....thats wonderful, but for how many miles? 3 X 100 is only 300. 10 X 30 is 300. SO, the reality is that without some forthcoming exposure of your actual and realistic numbers....the situation remains: Opinions are like *******s, and you have one too.....but the difference lies in the fact that yours lacks substance 8)

    Your numbers, please?"

    Please show me where I claimed to make 3.00+ a mile? From Oct to Dec. I drove 19,000 miles and grossed 33,889.00. This is for all miles ran including deadhead. My truck is a 2000 classic and not much worth more than 30k and my highest out-of-pocket expense is my insurance since I have my own authority. These numbers will change in the upcoming months. Hopefully in an upward direction. BTW,those fixed variable expenses can change if something drastic happens,such as losing a motor or transmission. It is not impossible to make it on 1.18 a mile if you are busy enough and hardly have any problems with the truck,but to me it isn;t worth the risk. A company driver can earn 1552.00 a week and not have the headaches and hassles of owning a truck. If either the motor or transmission go out within a 60-day period you could be looking at 20k or more plus weeks of downtime to replace it. With an old truck priced at 15k this makes it even riskier.
    "He knew who I was, at that time, because I had a reputation as a writer. I knew he was part of the Bush dynasty. But he was nothing, he offered nothing, and he promised nothing. He had no humor. He was insignificant in every way and consequently I didn't pay much attention to him. But when he passed out in my bathtub, then I noticed him. I'd been in another room, talking to the bright people. I had to have him taken away." -on meeting George W Bush at Thompson's Super Bowl party in Houston in 1974

    Buy the ticket. Take the ride.

  11. #151
    hamboner is offline Board Regular hamboner is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    MBA driver,

    I wasn't suggesting that anyone go out and buy a new truck to get there feet wet as an O/O. All I am doing is stating the difference in owning a new truck verses an older one.

    Your theory about paying taxes vs. having a bunch of deductions is exactly what im talking about! No truck payment = more money which means they tax the hell outta all that money you just made. Having a new truck means having a bunch of deductions i.e. truck payments or what your accountant likes to refer to as deprecaition. My father ends up taking home about the same money whether or not he drives a new truck or one thats paid for. He has tried both scenarios many times in his years. He prefers to drive a new ride vs. paying in lots to drive an older one. If you wanna spend a lot of time at home you better drive old!

  12. #152
    mbadriver is offline Board Regular mbadriver is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Amen to the home time and the older truck!

    There are a lot of ways (non cash) to lower AGI and taxes. Generally, top line deductions to get to GI are real money. Deductions to get to AGI are the kitchen sink variety that don't necessarily involve "real" cash outlays.

    You have great points. Probably at this point we are separating the fly
    ***** from the pepper :wink:


    Quote Originally Posted by hamboner
    MBA driver,

    I wasn't suggesting that anyone go out and buy a new truck to get there feet wet as an O/O. All I am doing is stating the difference in owning a new truck verses an older one.

    Your theory about paying taxes vs. having a bunch of deductions is exactly what im talking about! No truck payment = more money which means they tax the hell outta all that money you just made. Having a new truck means having a bunch of deductions i.e. truck payments or what your accountant likes to refer to as deprecaition. My father ends up taking home about the same money whether or not he drives a new truck or one thats paid for. He has tried both scenarios many times in his years. He prefers to drive a new ride vs. paying in lots to drive an older one. If you wanna spend a lot of time at home you better drive old!
    "He knew who I was, at that time, because I had a reputation as a writer. I knew he was part of the Bush dynasty. But he was nothing, he offered nothing, and he promised nothing. He had no humor. He was insignificant in every way and consequently I didn't pay much attention to him. But when he passed out in my bathtub, then I noticed him. I'd been in another room, talking to the bright people. I had to have him taken away." -on meeting George W Bush at Thompson's Super Bowl party in Houston in 1974

    Buy the ticket. Take the ride.

  13. #153
    Cyanide's Avatar
    Cyanide is offline Senior Board Member Cyanide is on the right path.  You could probably safely loan them a quarter.
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    Hey y'all hope everyone is doing great! Just coming back to work after an eleven day mini-vacation and wanted to say some stuff, since I have had honest questions from some about the truck I bought from Superior...

    There obviously is a concern for the age and mileage on the truck (2001 Freightliner FLD 112, appx. 970,000 miles at purchase). I reviewed the complete maintenance history prior to buying it, and made the decision that for a final selling price of $10,000 plus an additional $426.13 in interest to be paid over the duration of but a single year it was worth the risk, and purchased it the first week of October 2007. Being that it was already set up and equipped for the job I perform with occasionally unloading chemicals I saved a few dollars on parts and labor as well (PTO air compressor, PTO product pump, and all applicable fittings). The following list are some of the items that the truck recently had done within the past year by the terminal I had picked it up from prior to picking it up (where it also ran on a dedicated fleet out loaded, back empty)...

    -Overhead
    -New head
    -New rings and seals
    -New clutch
    -New, re-manufactured transmission
    -New turbo
    -New A/C compressor
    -New alternator
    -New E.C.M.
    -New product pump
    -New cab leveler
    -New tires and brakes on all axles
    -New shocks
    -New hood
    -New front bumper
    -New air dam
    -Front end alignment
    -Rear end alignment

    Obviously a couple of my fixed costs have dropped since October and will be eliminated eventually (truck payment and escrow account), but here's a basic breakdown of my fixed costs for 2008 starting from Jan. 1st.

    $8,020 Truck note ($200.50/week until paid in full, then mine)
    $1,400 Reserve Escrow ($75/week until paid in full to meet company's $2,000 minimum requirement, then done unless I choose to continue)
    $1,457 IL Base Plate ($103.57/week until paid in full for year)
    $1,501 Occupational Accident Insurance
    $1,040 Qualcomm (presently not being charged for this since unit is not used)
    $960 Accounting/Professional Services
    $676 Physical Damage Insurance
    $550 FHUT
    $416 Bobtail Insurance
    Total: $16,020

    Now, add that I'm presently averaging almost 6.7 mpg with this old truck (3.90 rear end :shock, and averaging around $3.09/gallon for fuel (up from 6.061 mpg, and down from $3.132/gal.) maybe then some people can see why I don't get caught up in the whole super high c.p.m. game with the revenue I'm generating.

    Repairs...yes I do worry about major issues. However, I didn't come to this game unprepared as some may think. As well as what I already have stashed away, I continually add to this. For now though, the truck runs great as it should with it's maintenance history.

    Taxes... Planned accordingly and had funds put back for this as well before getting into the game. I simply deduct a certain amount for this each week from my net earnings after deductions.

    Retirement and Savings... See taxes.

    Y'all be safe :wink:


    U.S.M.C. '89-'95 0351 (Assaultman) , '95-'99 6531 (Aviation Ordnance)...IYAOYAS!
    U.S. Army '00-'01 67S (OH-58D Crew Chief/Repairman)

    "Pain is weakness leaving the body."

    "Nobody ever drowned in their own sweat."


  14. #154
    mbadriver is offline Board Regular mbadriver is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Quote Originally Posted by Cyanide
    Hey y'all hope everyone is doing great! Just coming back to work after an eleven day mini-vacation

    Hate to be the bearer of bad news. But, with the absence of freight you will probably get 300-miles down the road and have another mini-vacation.

    In the last couple weeks the bottom has fallen out.

    If your neigbor loses his job it's a recession. If you lose your job it's a depression
    .
    "He knew who I was, at that time, because I had a reputation as a writer. I knew he was part of the Bush dynasty. But he was nothing, he offered nothing, and he promised nothing. He had no humor. He was insignificant in every way and consequently I didn't pay much attention to him. But when he passed out in my bathtub, then I noticed him. I'd been in another room, talking to the bright people. I had to have him taken away." -on meeting George W Bush at Thompson's Super Bowl party in Houston in 1974

    Buy the ticket. Take the ride.

  15. #155
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    Cyanide is offline Senior Board Member Cyanide is on the right path.  You could probably safely loan them a quarter.
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    Hate to be the bearer of bad news. But, with the absence of freight you will probably get 300-miles down the road and have another mini-vacation.

    In the last couple weeks the bottom has fallen out.
    What is with you MBA? No, it hasn't fallen out. You come to the company during the slow times and are stuck in a temporary rut. It happens. It happened to Skywalker, a good friend of ours, and I year before last shortly after we had all hired on. We all got home before Christmas and didn't leave out until New Year's Day or later. Yet we all ended up on pace to make around the same gross pay for the year, until one of us decided to go buy a boat and take off the last two months of the year, and another one of us decided to buy a truck and start running dedicated

    Concerning freight, Savannah seems to have had plenty of work lately, as well as my "home" terminal in Westville. Actually, we usually have too much work for us there and must give loads away to company drivers daily. There's only fourteen of us there, and only three that like running the longer, though less-paying loads that don't allow us home daily. As to the lack of miles out on the road, get paid for your time waiting. If I were you when in that predicament I would take full advantage of it. The pay package is set up for you to utilize it and make money, especially when you aren't driving. But if you're that concerned about miles don't worry, things will pick up soon.

    Personally, when I was a company driver I had no problem going 300-600 miles then sitting until a load came up. Or picking up a load on Friday that only went 600-900 miles and delivered Monday. Hell yeah! Cha-ching, cha-ching!!! That's a lot of hourly pay waiting to be had. If you go through all of my numbers as a company driver you will see that the best weeks I had were when I ran between 1200-1700 miles and racked up the accessory pay. Again, things will pick up soon...

    Actually, I'm keeping busy as I always do. I left from the house and picked up in Savannah yesterday, delivered in Kingsport today, am on my next load which goes to Indianapolis Monday, and then will head to Westville and jump back into my dedicated stuff. In the meantime, I may very well go up to the house and take off yet another day then come back down to deliver in Indy. Hmmmm.....

    :wink:


    U.S.M.C. '89-'95 0351 (Assaultman) , '95-'99 6531 (Aviation Ordnance)...IYAOYAS!
    U.S. Army '00-'01 67S (OH-58D Crew Chief/Repairman)

    "Pain is weakness leaving the body."

    "Nobody ever drowned in their own sweat."


  16. #156
    mbadriver is offline Board Regular mbadriver is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Whatever... Man all you yack about is sitting at home. When a driver is parked at home he gets zero pay - nadda, zilch, nothing.


    Quote Originally Posted by Cyanide
    Hate to be the bearer of bad news. But, with the absence of freight you will probably get 300-miles down the road and have another mini-vacation.

    In the last couple weeks the bottom has fallen out.
    What is with you MBA? No, it hasn't fallen out. You come to the company during the slow times and are stuck in a temporary rut. It happens. It happened to Skywalker, a good friend of ours, and I year before last shortly after we had all hired on. We all got home before Christmas and didn't leave out until New Year's Day or later. Yet we all ended up on pace to make around the same gross pay for the year, until one of us decided to go buy a boat and take off the last two months of the year, and another one of us decided to buy a truck and start running dedicated

    Concerning freight, Savannah seems to have had plenty of work lately, as well as my "home" terminal in Westville. Actually, we usually have too much work for us there and must give loads away to company drivers daily. There's only fourteen of us there, and only three that like running the longer, though less-paying loads that don't allow us home daily. As to the lack of miles out on the road, get paid for your time waiting. If I were you when in that predicament I would take full advantage of it. The pay package is set up for you to utilize it and make money, especially when you aren't driving. But if you're that concerned about miles don't worry, things will pick up soon.

    Personally, when I was a company driver I had no problem going 300-600 miles then sitting until a load came up. Or picking up a load on Friday that only went 600-900 miles and delivered Monday. Hell yeah! Cha-ching, cha-ching!!! That's a lot of hourly pay waiting to be had. If you go through all of my numbers as a company driver you will see that the best weeks I had were when I ran between 1200-1700 miles and racked up the accessory pay. Again, things will pick up soon...

    Actually, I'm keeping busy as I always do. I left from the house and picked up in Savannah yesterday, delivered in Kingsport today, am on my next load which goes to Indianapolis Monday, and then will head to Westville and jump back into my dedicated stuff. In the meantime, I may very well go up to the house and take off yet another day then come back down to deliver in Indy. Hmmmm.....

    :wink:
    "He knew who I was, at that time, because I had a reputation as a writer. I knew he was part of the Bush dynasty. But he was nothing, he offered nothing, and he promised nothing. He had no humor. He was insignificant in every way and consequently I didn't pay much attention to him. But when he passed out in my bathtub, then I noticed him. I'd been in another room, talking to the bright people. I had to have him taken away." -on meeting George W Bush at Thompson's Super Bowl party in Houston in 1974

    Buy the ticket. Take the ride.

  17. #157
    Cyanide's Avatar
    Cyanide is offline Senior Board Member Cyanide is on the right path.  You could probably safely loan them a quarter.
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    Whatever... Man all you yack about is sitting at home. When a driver is parked at home he gets zero pay - nadda, zilch, nothing.
    Yep, I sure do because I haven't picked up my last couple weeks' settlement sheets. So I can't really update my numbers until I have my estimates confirmed with actual payroll. And why are you getting bent out of shape over what I do? I don't know what to tell you if you have an issue with the fact that I take a few extra days to be with my son and I post it or, I make mention that I'm under a load and able to drive a few extra miles round trip to the house then back down to make my delivery if I want to. You may not presently be, but I'm still tickled to death over how things are here and unless something drastic happens to change that will continue to be...

    MBA, I understand that you are getting down because things aren't working as you think they should be. I and many others have said it before, we are still in the slow season. You yourself even spoke of the commodities market and value added markets in the other thread we all have going on here. As hard as it may be, stay positive!

    I'll ask you again... Will you please tell which terminal you run for? If not openly on here then P.M. me. I'm dead serious about this; if that terminal cannot keep you busy enough then look into transferring to another one that can. To the best of my knowledge from what I have actually seen, you do not have to work out of the yard closest to your home. It is worth exploring this option.

    As I've said before...things will pick up. If you can stick it out through the next five weeks I will bet you a steak dinner, barbeque, or whatever meal you prefer that you will be well on track to returning to the elation you showed when you first started here! It's just unfortunately still a slow time in general for chemicals.

    If you were to look back at my numbers from this time last year, you'll see that for the first six weeks I myself had only driven 9,767 miles and only had 12 days off going into the seventh week. Then things finally started picking up in March, and just kept improving as the year went on. My bump in the road to higher productivity and earnings was simply the amount of time off I took.

    Superior Carriers 2007 Totals, Jan 1st to March 31st (WORK PAY ONLY):
    Gross: $13,702.68 (.535/mile)
    Miles: 25,595
    Hours: 245.50
    Days Working: 74
    Days Off: 17
    *Totals calculated up to April 01, 2007*

    And now the second quarter, April 1st to June 31st
    Gross: $13,393.85
    Miles: 22,955
    Hours: 305.25
    Days Working: 65
    Days Off: 26

    Finally the third quarter, July 1st to Sept. 30th
    Gross: $11,677.74
    Miles: 18,542 (Took all vacation days and personal days, see days off)
    Hours: 305.75
    Days Working: 56
    Days Off: 40

    :wink:


    U.S.M.C. '89-'95 0351 (Assaultman) , '95-'99 6531 (Aviation Ordnance)...IYAOYAS!
    U.S. Army '00-'01 67S (OH-58D Crew Chief/Repairman)

    "Pain is weakness leaving the body."

    "Nobody ever drowned in their own sweat."


  18. #158
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    Cyanide is offline Senior Board Member Cyanide is on the right path.  You could probably safely loan them a quarter.
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    How many of y'all were here in Kingsport this week for orientation? Wish I would've gotten there earlier!

    Roll call....


    U.S.M.C. '89-'95 0351 (Assaultman) , '95-'99 6531 (Aviation Ordnance)...IYAOYAS!
    U.S. Army '00-'01 67S (OH-58D Crew Chief/Repairman)

    "Pain is weakness leaving the body."

    "Nobody ever drowned in their own sweat."


  19. #159
    wsyrob is offline Board Regular wsyrob is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Quote Originally Posted by Cyanide
    How many of y'all were here in Kingsport this week for orientation? Wish I would've gotten there earlier!

    Roll call....
    I was there but hit the road as soon as class was over.

  20. #160
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    MBA, you've got mail :wink:

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