11K miles total @ 9.5 mpg X 2.75 = 3,184.21 in fuel. 1.50 per paid miile (estimate) is 10,500.
Take out $ to Owner or your truck expenses payment insurance tolls.
3,184.21 minus 10,500.00 plus your expenses of operations of the vehicle 7,315.79 is just whats left after fuel.
Its not impossible to make a profit from that, but one needs to concentrate more towards a DH in the teens and not in the 30s or 40% range. To much $ is going towards the Arabs, and not you. Plus your burning that log book up for future runs. Unless your in a B unit.
I am basing this off of a D unit.