3rd qtr numbers are in
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%
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