What is your CPM ????
#1
BANNED
Thread Starter
Join Date: Apr 2007
Location: Long gone from here
Posts: 0
My Pete is $ 1.19 and my Freightliner is $ 1.02 these include trailers and current fuel prices. What is yours ????
Don't bother answering SteveBooth or NotSteve, because you have no idea what your CPM is....
#4
Senior Board Member
Join Date: Mar 2007
Posts: 935
Originally Posted by BigDiesel
My Pete is $ 1.19 and my Freightliner is $ 1.02 these include trailers and current fuel prices. What is yours ????
Now that's funny. What are running your refer on, Burger King used oil? What about maintenance, depreciation, insurance, plates, IFTA, heavy road tax, blah blah blah. Sounds like your the one that does not know how to run a business. Lets see a breakdown. The only way I can see you running a truck for that is if your siphoning fuel out of the trucks next to you.
#10
Member
Join Date: Aug 2007
Location: Southern Ontario Canada
Posts: 62
If your an owner operator, your CPM has to reflect ALL operating cost, both fixed and variable. Fixed includes truck/trailer payements, all licences/permits/running rights, insurance, cell/wireless computer costs and accounting services. Variables include fuel, repair, maintenance, tires, tolls, safety checks, fuel taxes and dead head miles.
I recently did a spreadsheet for a friend of mine who just bought his truck and trailer and runs under his own authority. His CPM, figured at our higher cost fuel in Ontario (approximately $4.37/U.S. gallon) is $1.23, without driver compensation. When you run all the numbers, it's pretty obvious that fuel - and fuel mileage - are two of the biggest components to controlling your costs.
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