|
Originally Posted by charged
The way I do it when I call a broker is ask what the item being shipped is and what it pays. If it doesn't pay enough I'll say it doesn't pay enough and thank them for their time. It gives them a chance to up what they may pay, but I have never had a broker say they'll pay more.
So, no I just don't take what the broker is paying unless it is close to what my dad wants to haul for. |
He is making a lot more money with me helping him look for loads than paying the load planner lady 10%, which I previously thought was 5%.
The only bills he has to pay out of the truck money are the truck and trailer note, insurance, licensing, taxes, and maintenance. I don't know how he is going to go out of business. If he only averages $1.70/mi. He is making $1.00 after fuel and that easily covers all his expenses. |
Originally Posted by charged
He is making a lot more money with me helping him look for loads than paying the load planner lady 10%, which I previously thought was 5%.
The only bills he has to pay out of the truck money are the truck and trailer note, insurance, licensing, taxes, and maintenance. I don't know how he is going to go out of business. If he only averages $1.70/mi. He is making $1.00 after fuel and that easily covers all his expenses. I am an advocate of having a balance of Shipper's and Broker's to work the trucks. Those 4 companies I posted where all companies that we direct billed to, with the longest "pay" at 20 days. |
Originally Posted by Orangetxguy
He should be making better than expenses. Lot's of experience available on the board. Don't question charged..... he knows everything..... His questons and posts prove it...... :lol: :lol: :lol: I would like to be first in line when the truck and trailer goes up for sale... Gonna be able to buy it cheap.... :lol: :lol: :lol: |
Originally Posted by charged
The only bills he has to pay out of the truck money are the truck and trailer note, insurance, licensing, taxes, and maintenance.
That list is missing a lot of items. |
O.K. for the record. I do not have my own authority & do not deal with with brokers. I have a dispatcher & I am on a dedicated run. sooo .. my heavyer loads do pay me more & are worth it to me. :D
|
Post a list of his ongoing business expenses so I can understand what his expenses are other than what I posted. I don't keep track of his expenses or every load he runs or his miles.
$2000/mo truck and trailer $700/mo insurance Cell phone and internet $150/mo? Getloaded and ITS $70/mo? truck maintenance ??? ??? I don't know why he is going to sell his truck off. If he runs approximately 9000 miles a month and grosses approximately $1/mi after fuel how does that not cover his expenses. I don't know where you guys come up with $9000 a month in expenses. edit. I added up the actual miles he ran this week. He loaded late on Tuesday and stayed home that night and left Wednesday. Total miles he will run before he drops his current load on Tuesday morning are 1961. He will have invoices for $3675. Gas is averaging $4/gal. He is averaging 6mpg right now. So that gives him $2368 for the week for the truck. Minuse $500 truck/trailer payment and $175 for insurance that leaves him $1693. What other expenses does he have that add up to $1693 for the week? |
Fixed Expenses / Mo 9000/mo 9000/mo
Equipment per month per mile Tractor $2,000.00 $0.222 Trailer $0.00 $0.000 Licensing/Permits $167.00 $0.019 Federal Use $46.00 $0.005 Bobtail Insurance $0.00 $0.000 Collision/PD Insurance$330.00 $0.037 Liability Insurance $700.00 $0.078 Health care $450.00 $0.050 Worker Comp $0.00 $0.000 Retirement $0.00 $0.000 Ph/fax/internt/ldbds $250.00 $0.028 Office $100.00 $0.011 Tax/legal $80.00 $0.009 Software etc $35.00 $0.004 TOTAL FIXED $4,158.00 $0.462 $228.69 Variable Expenses / Mo 6mpg Fuel(/Taxes/Fees?) $6,000.00 $0.667 D/H Fuel (10%) $0.00 $0.000 Reefer service?? $0.000 Reefer fuel?? $0.00 $0.000 Taxes (road, use, fuel, fed) $162.00 $0.018 Food $360.00 $0.040 Truck Wash $100.00 $0.01 Servicing (P/M) $180.00 $0.020 Lrg Repairs(escrow) $630.00 $0.070 Tires(escrow) $270.00 $0.030 New truck(escrow) $0.00 $0.000 Driver Pay $3,150.00 $0.350 Benefits? $0.000 Worker comp? $0.00 $0.000 Total Variable $10,852.00 $1.206 ROI (12% on $130K) $0.00 $0.00 TOTAL COSTS $15,010.00 $1.67 |
It's very subjective on how you break up things and can make it look a
lot worse then it is. Not picking on you Geoman. I'm assuming you ran that off some program on OOIDA or something. Lets say you don't do the driver pay thing and just figure what it costs you to run just the truck. Instead of $1.67 we are now at $1.32 in your scenario. My cargo/liability/collision is $5,700 per year. My health care is $330 per month My tax/legal is $200 per year Not sure what the office fee is but I sure as heck don't spend $100 per month. I may buy some paper and ink once in a great while. Oh yea, a Bic pen too. No monthly software fee for me Ph/fax/internet is $149 Not sure what the Taxes (road, use, fuel, fed) are. My IFTA is some times anywhere from $1.20 to $200 per quarter but I sure as heck don't spend $1,944 per year. I pay NY KY and a few others but no where near that amount. My plates are $1,200 per year The tires are also a little high. I don't buy 1 tire a month which $270 would buy. I may buy a trailer tire every 2 to 3 months and 8 drives every 3 years or so. The large repairs is very subjective also and you can go for quit some time without any major repairs. The most I've spent this year has been an injector, harness and splitter. Most everything else has been elective and not mandatory. So, in my case I'm pretty close to $1.00 per mile and at an overall average of about $1.90 it's good. Fixed Expenses 9000 month Licensing/Permits $125.00 $0.013 Federal Use $46.00 $0.005 Collision/Liability/Cargo Insurance $330.00 $0.037 Liability Insurance $475.00 $0.052 Health care $338.00 $0.037 Ph/fax/internt/ldbds $149.00 $0.016 Tax/legal $17.00 $0.001 TOTAL FIXED $1,480.00 $0.164 Variable Expenses 9000 month 5.8 mpg $4.10 Fuel(/Taxes/Fees?) $6,362.00 $0.076 Taxes (road, use, fuel, fed) $83.00 $0.009 Food $360.00 $0.040 Truck Wash $100.00 $0.01 Servicing (P/M) $180.00 $0.020 Lrg Repairs(escrow) $416.00 $0.046 Tires(escrow) $180.00 $0.020 TOTAL VARIABLE $7,681.00 $0.853 TOTAL COSTS $9,161.00 $1.01 I have no plans of buying another truck and have always been a firm believer in fixing what you have and keeping up with it. There is no reason my truck can't outlast me if I wanted. 3,000 miles per week at $1.90 brings in $5,700. Now you can run in a high density area doing 300 to 500 miles per run at maybe $3.00 if your lucky on a regular basis or you could count on the 3,000 at $1.90 for sure. I've run the 300 to 500 mile runs and it sucks. Your lucky to do 3 a week. Monday 08am get on the boards for a load. 10am find a load 12am paper work done and rate conformation 02pm at customer site waiting 03pm starting to load 05pm done loading and tarping and shipping papers in hand Spend rest of night fighting traffic and finding a spot to park and most likely have to pay also. Tuesday 08am start driving lets say 400 miles average 51mph 05pm Get to customer site. They stopped at 3pm Wednesday 08am waiting with 3 other trucks in front of you that were there yesterday 01pm unloaded 03pm Found another load 05pm Paper work done for next load but day is done Spend rest of night fighting traffic and finding a spot to park and most likely have to pay also. Thursday 08am Drive to customer site to load 09am Pull in. Find out 5 other trucks spent the night 03pm Loading 05pm Done loading Spend rest of night fighting traffic and finding a spot to park and most likely have to pay also. Friday 08am Start driving lets say 500 miles average 51mph 05pm Get to customer site. They just stopped for the day Spend rest of night fighting traffic and finding a spot to park and most likely have to pay also. Saturday Wake up in truck stop jammed. Hookers and people wanting to shine your wheels and homo's on the CB. 100 degrees and the smell of urine, septic systems overflowing and rotting trash in the dumpsters fills the air. Take shower in the worst stall you can imagine with pubic hairs stuck to your feet and a towel that looks like a shop rag. Worry the rest of the day that your truck doesn't get hit or vandalized. Sunday Pretty much the same Monday Up early to make it to the customer to be first in line. Big surprise, 10 other trucks had the same idea or spent the weekend there. Total for week. 900 miles and gross $2,700. Ready for Prozac and Valium. OR Monday Load on Monday and drive every day for 500 to 600 miles. Saturday Pull into truck stop in Little America Wyoming with birds singing, roast chicken on the spit, marble shower stalls that are bigger then your house. Sunday Wake up late, watch porn all day and text Bandit stupid messages. Total for week. 3,000 miles and gross $5,700. You can argue that the fuel costs are much less with the 900 mile week but in the end your going to gross more on the long hauls. The wear and tear on your truck is much more in the city then out on the open road and chances of being hit are also much greater in the congested areas. I'm sure many of you can see from my posts how happy I am most of the time. I think that's a clear indication of the type of driving I do and the areas I travel in. I call that priceless. |
Originally Posted by NotSteve
I'm sure many of you can see from my posts how happy I am most of the time.
|
| All times are GMT -12. The time now is 03:49 AM. |
Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved