Bad news on expenses and profits!

fortwayne · Dec 5, 2007

Information comes from (edited) which shows the average cost per mile at 2.61 to the truck owner. It shows an average of .60870 cents per mile going to wages, be it the owner or the driver.
Do you think shippers and brokers would understand why 0/0 need more than the $1.00 - $1.32 floating around in expediting?

% of Total Cost Per Mile

Fuel 35.77% $0.93369

Wages 23.32% $0.60870

Equipment 24.51% $0.63973

Capital Depreciation 2.96% $0.07714

Financing 1.79% $0.04668

Administration 4.55% $0.11873

Compliance 3.16% $0.08255

Insurance 3.94% $0.10286

Fort Wayne

[font color="red"]Site name edited because of security issues. Site is setting off antivirus software for some reason.

Dreamer[/font]

Dreamer · Dec 5, 2007

Fuel costs 93 cents per mile? Wow...

Dreamer
Forums Administrator

[font size="1"]Have a Sprinter van? Check out the forums at [A href="http://www.mysprintervan.com"]MySprinterVan.com[/A]

OTR? Check out [A href="http://www.truckme.com"]Truckme.com [/A]

"Ability can take you to the top, but it takes Character to keep you there."

- Zig Ziglar

[/font]

guest · Dec 5, 2007

this is stupid gas is 0.60 with 3.5$ per gallon that is 25% equipment 0.60 cpm ??..maybe they are under influence

piper1 · Dec 5, 2007

93 cents for fuel??

At $3.50 a gallon that would equate to 3.77 mpg. The oldest, squarest cabover going 75 MPH would do better than that.

greg334 · Dec 5, 2007

I would take this more serious if;

....they sourced their information, just because they give aggregates of indices's does not mean much.

....they don't have google ads/yahoo news on more than 45% of there page. Three ad panels? come on.....

....they have more details that justify the percentages.

x06col · Dec 5, 2007

I probably have the oldest squarest cabover in the expedite business and just did a turn to Ca and back. Average for the RT was .338 per mile. Which is about 19% of gross. Not sure where the above figgures are comming from at 90 cent per mile. Musta been someone that idles too much, drives way too far to a truckstop to sleep, or a load. Or, sumpin

jasonsprouse · Dec 6, 2007

Don't click on that link. It's obviously a spam site.

When I exited it it froze up Internet Explorer, I assume the site was trying to do some "bad things" to my 'puter.

fortwayne · Dec 6, 2007

DO NOT GO TO THIS SITE! IT WILL INDEED PLACE A COOKIE ON YOUR COMPUTER WHICH THEN TRACKS YOUR MOVEMENTS, ETC.
HOWEVER, IT ALSO PLACES SOME SORT OF VOODO ON IT BECAUSE MY COMPUTER HAS LOCKED UP AS WELL AND HAD TO SCAN THE COMPUTER AGAIN TODAY!

Fort Wayne

greg334 · Dec 7, 2007

Interesting....

I think that the author of the thread should have told us this before. If there is something found other than a cookie, tell us what it is.

I haven't seen the problem but again.... I had problems with AT&T and it only took 7 hours and God knows how many attempts to download the updated firmware for my aircard. Right now I am not using the card because I paid for FJ connection and going to get my money's worth.

Virus? not at all it is AT&T. I'll scan this computer again with trend micro.

jeffman164 · Dec 7, 2007

Since those figures are WAY off - what do the so called EXPERTS figure it costs per mile for an O/O to run a straight truck ?? Or a cargo van ?? THANK YOU !!

x06col · Dec 7, 2007

Well, if you buy a 100k truck and run it 500k, and figgure a 25k residual thats fifteen cent. Oil changes'll be $180 devided by 15K. Bout a cent. Fuel'll be bout $3.43 devided by yer mileage, bout 34 cent. Insurance, an whatever else you want to tack on.

I got 15+ 1+ 34 = fitty cent so far. Plug your own numbers in.

nightcreacher · Dec 10, 2007

I run roughly 140000 miles a year,my total expenses are about $140000.00 thats all expenses,including co-driver,and our Uncle Sam gets to much of my profit.