Landstar Owner Operator Pay Week 11-12. California to Kentucky to Arizona to Oregon

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Link to the Landstar Profit/Loss Spreadsheet
docs.google.com/spreadsheets/...
Link to the Lease Profit/Loss Spreadsheet
docs.google.com/spreadsheets/...
Blank Template Lease P/L
docs.google.com/spreadsheets/...
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knightfriends.com/177155
Link to the Lease Analysis Spreadsheet.
docs.google.com/spreadsheets/...
Google link to the company pay spreadsheet. It was converted from Excel to Google Sheets so some formatting issues may have occurred.
docs.google.com/spreadsheets/...
Blank Company Driver Spreadsheet
docs.google.com/spreadsheets/...
Maintenance Cover Word Doc
docs.google.com/document/d/1j...

Опубликовано:

9 июл 2024

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Комментарии : 53

@BMETransport 25 дней назад

Jump rope 300 skips everyday is a great workout. Good luck on the weight loss

@henrybattle314 26 дней назад

So proud of you and what you have accomplished. I love your honesty and transparency. Please put your weight lost spreadsheet on to download

@TruckingwithNolan 26 дней назад

I agree keep up the good work

@truckingthesevenseas 26 дней назад

I probably will. Still working on it.

@robbalinski1606 25 дней назад

Glad there's someone out there that'll put out real world numbers. I dont think your banking enough $$ per mile tho, I'm not happy unless I'm banking $1.40-2.00 a mile after fuel and all expenses. Big bonus having your truck paid off, it will probably save you but your not making much to put aside for repairs or taxes and that might come back to bite you. Once again Landstars cut is WAY too big for doing literally nothing for you. Best of luck and keep your head up!

@A_A_Ron_G 26 дней назад

Good video, I continue to appreciate the good info and transparency. One suggestion though, you should focus more on revenue per day than rate per mile. That Indiana to Phoenix load... looks good, good rate, but 6 days? That's a pretty low revenue per day. Unless you parked near delivery and went to visit family then delivered it, or delivered early. You're in a good position with no truck payment. Good luck with your hard running few months, I'm looking forward to seeing how it goes. I'm doing the same as a company driver, looking to buy a truck with cash by the end of the year and lease to landstar. Videos like this are very helpful.

@A_A_Ron_G 26 дней назад

ru-vid.comB5ScA1eNtZc?si=Bj1rv9VGhM_s6wHf

@phil42 26 дней назад

Totally agree with you about the per day but I think the per mile is important too. When I quit landstar, my rates were an average of .80/mile due to lower rates by brokers

@truckingthesevenseas 25 дней назад

Ya I should probably take a little more note of my overall revenue. They are both important. You aren't wrong though.

@robbalinski1606 25 дней назад

Shop around before going to landstar tho, there's gotta be better companies out there that give you bigger bang for the percentage they charge. Landstars insanely high at 35% of gross and you've got to find your loads.....

@jamesnelson5700 26 дней назад

You are still thinking like a company driver, don’t need a lot of miles to make money at LS

@nattydreadlocks1973 26 дней назад

FACTS! I don't think its all about the money with this guy.

@mr3000gtman 25 дней назад

You could run shorter for higher paying loads but depending on delivery time or fcfs, how long to unload/load. Multiple stops? Is it worth it for few extra bucks. Think about it all

@Tyroneshoelaces242 25 дней назад

More miles is counter productive. Ups the maintenance

@3HonestGoat3 15 дней назад

thats true , he still stuck on company driver mode

@nattydreadlocks1973 26 дней назад

ABSOLUTELY FALSE! You can negotiate on direct shippers. Most agents will not negotiate. Although, they sometimes will negotiate if they are having a hard time moving the load. If you move a load for them and then need deadhead money to get you to another load they have, they will put pay extra money on the load. During the holiday season, they will pay extra for a load.

@jamesnelson5700 26 дней назад

@@nattydreadlocks1973 facts

@3HonestGoat3 15 дней назад

the guys with the most family in yhe country!

@ryanstaysloaded 26 дней назад

If the Louisville load was from an agent named Ron… those used to run for $8,000

@ryanstaysloaded 26 дней назад

Also I think the fee you don’t know what it was was Oregon road tax

@truckingthesevenseas 25 дней назад

Ya j think he was named Ron. And the Oregon tax makes perfect sense....

@fighter4christ7 26 дней назад

In this market .90CPM is NOT GOOD. Even if you got 10mpg with fuel at $3.50/gal your cost of running the truck on fuel alone is .35c/mile. That leaves .65/mile left and you have other expenses.

@robbalinski1606 25 дней назад

Yup, he's running at a loss and doesn't realise it yet. You've got to be putting aside 4-6k a month for repairs and taxes or your in trouble.

@user-tx4ts5vk5f 24 дня назад

I was making more then that in the late 1980

@mr3000gtman 25 дней назад

Id be interested in the weight loss progress. I need help on that for real. See you got a trim. Very nice

@raykrv6a 26 дней назад

Thanks for the video. I like the spreadsheet. Your take home is getting better, but not enough considering the wear and tear on the truck. Have you looked into shorter loads that pay better?

@WanderingWolf365 26 дней назад

Why you say that? You saying he's losing money on the truck more than his maintenance????? - WW

@raykrv6a 26 дней назад

@@WanderingWolf365 I didn't say he was losing money. But he's gone from home, racking up miles and miles equal additional expense. So it's a balancing act between miles and expense.

@WanderingWolf365 26 дней назад

@@raykrv6a Do you think he shoudl add depreciation of his truck as a line item tho - WW

@raykrv6a 26 дней назад

@@WanderingWolf365 You win! I'm done. :)

@WanderingWolf365 26 дней назад

@@raykrv6a new trucks lose about $30k a year in value. at year 4 it slows down. - WW

@TheBigOrangePumpkin 26 дней назад

Hey. I was on landstar. And I know how they work or the brokers even direct shippers. But is ok... just don't understand why people lie alot. Or give false info maybe because they don't know same info but it's OK I did negotiate with direct shippers and same they did same not

@Tyroneshoelaces242 25 дней назад

Landstar needs to overhaul their settlement sheets

@mr3000gtman 25 дней назад

Im curious what those other expenses are for from landstar

@bernardobanderas2636 12 часов назад

Did you make your own spreadsheet?

@williamhaynes5514 25 дней назад

Look up blue ribbon podcast. They have a fleet at LS and do coaching

@shokmihnat6450 20 дней назад

In general after 11 weeks drive dose Landstar worth or not??

@truckingthesevenseas 19 дней назад

So far seems like a good position in general... If you put my maintenance costs and time loss to a more reasonable level my RPM gets much better... I think I will pull around .90 CPM once everything levels out. Which in this market isn't terrible....

@RhineLogistics 18 дней назад

What type of tracking app is this? @3:56

@truckingthesevenseas 17 дней назад

Travel boast. In the app store.

@mikehart4357 26 дней назад

Please find out fees you don't know about.😊

@fighter4christ7 26 дней назад

Oregon actually has good loads going out. Washington and Idaho not so much and Montana doesn’t ship much especially with flatbed freight.

@jamesnelson5700 26 дней назад

You can negotiate every load

@845_NYGORILLA 26 дней назад

Try, not can

@jamesnelson5700 26 дней назад

@@845_NYGORILLA no you can, might not succeed but you damn sure can negotiate. Usually get $200 more and have them put in on your fuel. That’s works and that’s 100% yours

@jaysand380 26 дней назад

Do you count ALL miles?

@truckingthesevenseas 26 дней назад

Yes. Deadhead is zip to zip code.

@user-gu6zb7bt4s 26 дней назад

Your working on percentage now don't think in terms of miles but your bottom line. Shorter runs can be more profitable because your fuel expense goes down

@truckingthesevenseas 25 дней назад

Ya you are not wrong. I think there is a healthy balance between CPM and revenue. I look at CPM mostly but also take note of revenue.