Thank you ser.. great video....I paid off my truck last year....just rebuilding my Detroit 60 series engine.....looking forward to getting my authority in December 2019.....looking to buy use dry van trailer for 10,000....6 years over the road experience.....wish me luck...
NO BODY SHOULD ACCEPT LESS THAN 2.50 a mile. THAT's THE BOTTON LINE. NO only fuel is the expense, but maintenece: oil chance very 10K miles, tires, break shoes, + repair cost will eat all your gross + your life style working more than 14 hours, food, medical insurance, all truck- trailer-cargo insurance will eat all your gross you will toeast , etc...in the end most O/O goes bankruptcy and go back to become drivers. Big carriers survive because they run their own brokerage or logistics....any O/O using load board or brokers eventually your business will die. THE SOLUTION DON'T ACEEPT ANY LOAD LESS THAN 2.50 for dry van
Its more of how you do things. My first 4 years as a OO, I built my business leased on with a company At average $1.25 mile +FS. All the while my wife didnt have to work and help out, bills always paid and moved on out of apartment life and bought a new home, new cars, etc etc. It can be done but you have to be a serious bussines owner before a trucker.
@@MakeCentsTrucking Your right make cents everyone's circumstances is different. I have a friend that's getting 110 plus fsc he's making good because he only runs light loads n his volvo gets 8-9 miles a gallon. The company pays insurance, tags, eld etc. Plus he owns his truck. Anyways, I like for myself but the 2.50 but may not be viable for all o/os.
Living The Dream a lot or these truckers try force their standards on everybody else. Lots of truckers have bad spending habits or in a lot of debt. That's why they always shoot for the high dollar loads. I will gladly take a load that's paying 1.70 a mile, light loaded, going 1000+ miles. My truck is paid off and I stay on top of whatever needs fixing, i live within my means and I try to be realistic
Makecents, this is one the best video ever put out by a trucker, especially for those who are/or want to become owner operators. Thank you for taking your time and breaking it down for us. God bless
I'm a local guy. I run anywhere from 340 to 500 miles a day. My truck makes anywhere from 2200/week to 4000/week sometimes more. I spend more on fuel, maintenance, tires, etc than a long haul guy but I'm home every day. The biggest question to ask yourself is this. What's it worth to you to be home?
Travis Schrock What area and what are you hauling. Im thinking of getting back to trucking with my own authority. Any help with info i would appreciate it im located in miami Florida but looking too haul from the ports.
I always got bit in the a$$ on those quick local runs getting unloaded. Receivers for some reason insisted that the driver stay there while they turned 22 pallets into 88. 😂 Or turned 5 pallets of Campbell’s soup into 50 pallets for their delivery trucks.
MakeCents I had a broker sucker me into one of those $600 70 mile dream loads about 5 years ago. He said,”James I’ll pay you as soon as you pick up the load and you don’t even have to get the DR signed.” 20 skids of honey baked ham to McDonough (home)the day before thanksgiving what could go wrong??? I’m robbing this gravy train. Them sob’s put the bumper lock on me and wouldn’t release my ride. I called Henry Co and told them that I had been kidnapped. Moral of the story:Anyone offers a trucker payment in advance. RUN 🏃!!!!!!!!!!!!!
I’m looking to buy a day cab and run those short huals . I’ll most definitely get 99.00 subscription. Thank you for all your videos . Tired of breaking my body to make a company rich while I struggle 😞. You are a true blessing !!
John Loewenstein jr I'm switching to that myself. I've seen the money lol Email me. Let's chat if you run out of chatt. I'd like to pick your brain if you don't mind. Makecentstrucking@gmail.com
Hows the taxes being an owner op in ca. i work for a company running local in modesto rn and wanting to get into owner op but cannot get a straight answer for tax rate.. Does ca tax you 13% like a personal income tax?
Rico Cali What about So Cal ' I'm in So Cal and I've been thinking about becoming and O/O and my concept was to run local and regional like ca to nv or ca to az, do you feel I could still be profitable this way?
Hey what's going on bro I stumbled on to your channel and I've been watching all your videos you have great information and I really do appreciate your Insight I can tell you I have a lot of experience and you'll seems like you're very dedicated
I see your expense for fuel but don't you also have to account for truck maintenance? I'm trying to figure out how much it would cost monthly for insurance, maintenance and food if you are running say 500 miles a day for 4 or 5 days a week? Great video by the way and thanks for sharing.
Every time a deposit hits my account I take 10% for maintenance and put it in savings. For insurance you just need a rate quote. I base my truck, trailer, and insurance by 10,000 miles per month. Thats close to what I average past few years. So if insurance is 1500 per month, that would mean .15 cent per mile will go to that.
Why don’t you just create an excel spreadsheet with the formulas to calculate your end amount and all you have to do is enter the numbers given on the load board and search for the gas price?
@@MakeCentsTrucking you can learn it in a half a day with few follow up coarses to keep you up to speed. With mathematical ability it would be very easy. Just pick up excel for dummies
What's that rolling clacking sound after you finish some math totals? It sounds like you're doing behind the scenes math on an old timey cash register made of shotguns or something lol
I'd like your opinion on West coast (San Joaquin Valley) (I live in Fresno, CA.) to East coast runs. My Friend works for LandStar and he says he needs 1K a day for everyday he turns the key.
First year in business truck payed off working with power only locally total income was 120000. How do you think? ....too bad....regular.....or ......good.?
Any chance that I can email you for some information I'm willing to pay for advice I don't know if you mentor people but I am at the point in my career where I got to make a move and some good advice would be appreciated
There could be scale tickets if you don't have load scales on truck and trailer. Tolls depending on lane you run, also there is always a chance of break downs expenses
I read your comments and know ill never go back over road. in the patch you make 1500 t0 3500 a day on 12hour shift. I feel for you . in the patch we might drive 450 miles in a day maybe! MOST TIME LESS and still make in one day what most truckers make in 7 days. you all need get to the patch.
You are totally correct about the oil patch, the catch is if you’re going to keep a job for years and years and years, well probably not. I’ve been in the oil field 12 years on the drilling side and now a drilling consultant and I’ve seen guys loose it all because like you think they will never be with out a job. If you live in the town where there’s work is one thing, but you have guys living in truck stops, campers or cramp like sardines to make money. My old man has his own trucking business and he said you couldn’t pay him enough to go deal with all that b.s. yes you can make great money but to say you make 3500 a day I think you are a little bit off. Water drivers, production water drivers are making 60-100 hr, you are saying that you are getting paid 300/ hr? I’m a company man in charge on how a well is drilled making 1700 a day 14/14 but you’re saying you’re making 3500 a day for 12 hrs? You must be working in west Texas where everyone things they are oil field after working a week. I’m sorry man but I’ve sign thousand of tickets for drivers in the time I’ve been a company man but I’ve never ever ever seen a ticket for 3500 for a day for a truck lol
@@ROLLIN-DUB short haul they take for ever to get u loaded because they know yr not going that far so they have time on their side, long haul the shipper got to get u moving because of the distance and depending on which way ur going u could loose a hr here or there. Long haul u load and go u have more than enough time to get to yr destination
Specialized freight you will be home daily and make money. I run a tank the truck runs 7 days a week 2 loads a day and grosses a thousand a day on 300 miles.
You can make more money by doing local if you have someone else Dispatch you, i say this because I drive locally for a Company and what they have us doing is bringing a load to a certain store I will not mention from the distribution Center then they have a load that is going back to the distribution center within like 30 miles so they are making money both ways so it could be done if you were willing to pay like 8% to someone for Dispatching you. Look into Mannys Movements on RU-vid about Dispatching etc it is just an idea for you.
42, lemme ask you a couple, you have your own authority and trailer correct? If so, you’re getting 💯% of the profit/ load- that’s good man. I’ve been/ was leasing two bum trucks and have been broken down in relation to DEF. The first was a 2013 freight liner cascadia w/ a Cummins ISX and currently have a 2012 DD15 cascadia in the shop. Now knowing that I’m lease purchasing these trucks and signed on with a company, what would be your suggestion if you were my shows RIGHT NOW (cause I know what I want to do lol)? Next question and I’d like to see you do a video on it, would you consider someone that drives a straight truck or dulley and trailer a truck driver (I only ask because they think they are but I call bs lol). Even though they’re DOT regulated as well but I just don’t see it. Your thoughts?
@@ROLLIN-DUB Anything dealing with car and truck parts checkout volvo etc. They set up drop and hook routes mainly done at nights. They hire o/os with contracts
But he talks about fuel costs. But no mention of maintenance. I put 30 cents a mile but others have their own figures. But if you don't plan for maintenance you can put yourself out of business.
Easy bro, .45-.50 cost per mile fuel, .25 cost per mile expense(Trk, trl, ins) .10 per mile maintenance, .05 misc. So high end cost per mile is .90 cents per mile cost to run my truck. I run for over $2+ per mile @ 2500 miles per week. I'll make at least $2750 per week.
I built my business on these rate, actually lower. (1.25-1.30) Just have to have be smart and conservative about it I wont run them now though. I like $3 per mile :):):)
@@MakeCentsTrucking yes I can imagine hauling at those rates would be living conservatively. I know in so-cal local owner ops usually average around 2.50 per mile 250 miles per 12hr shift. I know some local drivers average is 3.00 per mile 250 miles per 12 hr shift.
You're assuming that you can get a short-haul load 4 days straight at a rate that's more than the long-haul rate. As we all know, it doesn't work that way every day. You also seemed willing the negotiate the rate on the short run but not the long run. ALL rates are negotiable.
I wasn't assuming. I have negotiated myself into a daily load at a top rate you wont see in a long mileage run, other than am emergency run. And yea maybe I didn't cove that long rate negotiating well. Agreed all are up for negotiating
I live in Florida but work for a company located in Chicago as a lease driver ( not purchase), I get tired of low rates down there, sometimes $1.00 they are crazy, I just park the truck at Chicago and get a cheap flight, much better, driver just make .40 cent dry van, and 0.42 reefer.
VICTOR Castano There isn't a single truckload moved in these United States that doesn't cost the shipper at least $2 per mile. It's the brokers and other middle men that get rich on your work. I've done that "cheap" beer truckload from NC to Jacksonville where I'm talking to this O.O gall whose pulling to the exact distributor as me for $0.90 cpm LESS! Now who's fault is that?
Ok thanks and also I want to say thank you for taking your time and making this videos, they really help guys getting into the trucking business, personally I hope to start in a year or two as a hot shot with a F350 and a 40 foot trailer but first I need to save money anyway thanks a lot and keep them cumming! Great job.
great video - From Toronto, Ontario, Canada. Local Work is making more then Long Haul - with truck payments, insurance, and wait times - its not worth it. Local is the way.
otr.. don't pay any rent . ;) why pay for a place to live that you only have time to sleep at if your local . sleep in your truck work all month keep all your money.
