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05-02-2010, 12:10 AM
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Which of these 2 trips would you choose?
Which of these 2 trips would you choose and why, if your fixed costs were the same as mine?
MY FIXED COSTS PER MONTH
Truck & trailer: $3,000
Tires: $100
Maintenance: $200
Total: $3,300
Per day: $194.12
(17 work days in a month, as per advice by "Overdrive" mag)
............................
Trip 1
Ontario, Canada to Ohio; one-way
Deadhead: 40 miles
Loaded: 300 miles
Total distance: 340 miles
Days to complete: 1
Load: metal logs, 22 ft long, entire load is 4 ft high
PAY TO THE TRUCK: 668.25 (incl. fuel surcharge)
FIXED COSTS: $194.12
VARIABLE COSTS: $199.06
(Insurance (5.25% of freight): $29.06
Fuel at 6 MPG and $3/gal: $170)
TOTAL COSTS: $393.18
GROSS PROFIT: $275.07
GROSS PROFIT PER DAY: $275.07
Trip 2
Ontario, Canada to Kentucky and back; 2-way trip
Deadhead: 7 miles
Loaded: 1,000 miles
Total distance: 1,007 miles
Days to complete: 2.5 (long waiting time for the reload)
Load: hoppers with scrap metal plus steel coils on the way back
Note: this is a 2-way trip that ends at the same place where it starts
PAY TO THE TRUCK: $1,934.95 (incl. fuel surcharge)
FIXED COSTS: $485.30
VARIABLE COSTS: $581.26
(Insurance (5.25% of freight): $77.76
Fuel at 6 MPG and $3/gal: $503.50)
TOTAL COSTS: $1066.56
GROSS PROFIT: $868.39
GROSS PROFIT PER DAY: $347.36
Last edited by tracer; 05-02-2010 at 02:01 AM.
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05-02-2010, 04:14 AM
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The round trip. Give dispatch a day or so to get ya another trip together, perhaps?
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05-02-2010, 04:31 AM
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The Kentucky load....unless they could offer something significantly better!
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05-02-2010, 01:50 PM
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Trip 2 would be more profitable unless you had a much better paying load that you would be picking up in Ohio.
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05-02-2010, 04:06 PM
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Quote:
Originally Posted by GMAN
Trip 2 would be more profitable unless you had a much better paying load that you would be picking up in Ohio.
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Yeah, you can't really say, w/o knowing a "bigger picture". Otherwise #2 is no brainer.....
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05-02-2010, 04:54 PM
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Quote:
Originally Posted by GMAN
Trip 2 would be more profitable unless you had a much better paying load that you would be picking up in Ohio.
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10/4 From Ohio I usually pick up some wire going back to Ontario .. It pays exactly the same as the load coming in but I have to deadhead almost 100 miles to get to the shipper.
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05-02-2010, 04:56 PM
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Quote:
Originally Posted by solo379
Yeah, you can't really say, w/o knowing a "bigger picture". Otherwise #2 is no brainer.....
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I said "no" to Trip #2 and we have a specialized shipper that usually sends out some equipment at the end of the month. So, now I'm doing a 8,500 lb load that goes 900 miles into MN at 3 bucks per mile
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05-02-2010, 05:39 PM
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You get to cross the border for free? Or is there tolls to consider also?
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05-02-2010, 08:19 PM
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Based on what you've posted, it's hard to argue against the round trip, but.....
If it were me (i.e. a carrier booking my own loads), I would be making some calls to see what I could get from OH to ON. A carrier that I know quite well says OH to ON is paying well enough that he's heading down there empty. I know you're leased and therefore not available to book your own freight, but I bet $3/mile or better could be had out of OH and.....probably get 2-3 of those a week.
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05-02-2010, 08:23 PM
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Quote:
Originally Posted by tracer
I said "no" to Trip #2 and we have a specialized shipper that usually sends out some equipment at the end of the month. So, now I'm doing a 8,500 lb load that goes 900 miles into MN at 3 bucks per mile
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LOL. I read this after I posted.....sorta what I was thinkin' Good job.
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