What is your bottom line operating expense with hired driver, with yourself? Mine is with hired drivers and little aggressive on fuel. Let me know if I missed something guys, most of you are more experienced than I and know more, only been doing this for 3 years (in April).
Fuel = $0.68 cpm
Driver pay + payroll taxes + work comp = $0.43 cpm
Maintenance fund = $0.25 cpm
Those add up $1.36/mile. I also have $303.85/week insurance/tags/taxes (if each truck was broke down evenly) and $354.69/week on truck payment (1 of 3 trucks has payment). Obviously I don't pay the weekly stuff per week, just broke down that way. So if I ran following weekly miles here would be bottom line expense:
2,000 miles/week = $1.689 with payment and $1.512 w/o payment
2,500 miles/week = $1.623 with payment and $1.482 w/o payment
2,750 miles/week = $1.60 with payment and $1.47 w/o payment
3,000 miles/week = $1.58 with payment and $1.461 w/o payment
3,250 miles/week = $1.563 with payment and $1.453 w/o payment
3,500 miles/week = $1.548 with payment and $1.447 w/o payment
Thank you.