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09-06-2008 02:15 PM |
Quote:
Originally Posted by GMAN
I am curious about why you want to use basic truck expenses as the basis for your break even point? Using your $1.29/mile cost factor, does that mean that your Dad will take any load that pay more than $1.29?
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There is no need to take freight @ $1.29 because better is amost always available.
My dad will take a load that takes him to a better paying job. For example he was in FL on Thursday(freight that took him there paid $2.30/mi) and to get him to a better place I helped him get a partial ($1.41/mi) that took him to freight that paid $1.87/mi back through Nashville today and delivers to IL on Tuesday. All that with about a 90 mile dead head averaged out to $1.87/mi.
I consider that pretty good pay. Keeping in mind, of course, that anything more is better.
If you take the base operating cost of $1.29 from $1.87 you get $0.58/mi.
That is what he earned minus taxes. Multiply that by his miles and we've figured out how much he made minus taxes for the week.
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