Trucking Case Study: How I Make $1,100 per Day with Minimal Effort [Full Breakdown]

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What’s up y’all? I’m David McGill, a 2007 graduate of Indiana University’s Kelley School of Business, an experienced accountant, trucking business owner, and consultant. I created Trucking From Scratch®️ to help other entrepreneurs start, run, and grow successful trucking businesses by breaking down the business side of trucking.
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Опубликовано:

5 дек 2021

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Комментарии : 287

@TruckingFromScratch Год назад

👕 Get your Mind Your Trucking Business T-Shirt: truckingfromscratch.myshopify.com

@Dan13Speed 2 года назад

Brother, I have 30 years in trucking. You MUST factor in tires, preventative maintenance, scheduled maintenance, and the devil of unscheduled maintenance. If you have a rookie driver, you see higher maintenance. At the end of the day, you are barely breaking even. Here are some horror stories I have had with drivers in the last 30 years. A Jack knife in California Truckee, towing and recovery $8000. Engine failure in El Paso TX, $26000 for a rebuild., Theroking Reefer repair $6000. The list is endless and unpredictable. If I knew what I know now, I would have been better off, buying trucks, and selling them to drivers under a lease purchase, so as to avoid these unforeseen expenses on the company. Pay close attention to what I have said. May God bless you, and Good Luck. Shalom.

@flyby1708 2 года назад

Brothers need to really educate themselves I know exactly where you coming from I've been in this business for 30 years. These are not the real hard numbers he is posting. That 1100 is more like 300-400 at the end of the day. I would rather drive for a company for that

@Dan13Speed 2 года назад

@@flyby1708 10-4 You are exactly right.

@malikhunt9367 2 года назад

I wonder what he’s up too now. With fuel being up and freight being down

@realglazed Год назад

@@flyby1708 hes making 400 a day, from one driver, and he isn't the one driving.

@vernidakendall8524 Год назад

Is it lucrative to lease a truck today and hire a driver. This video was a yr ago. I still have my CDL, but I don’t want to drive, I’m retired

@montraviusthomas6108 2 года назад

He's the best at breaking down information to me about the trucking industry keep it going brother

@BigCed 2 года назад

Facts

@freakinrican2919 2 года назад

I agree. No babbling...just straight, smooth, and to the point!

@thetrakstarz 2 года назад

agreed! straight to the point

@imSincerePromise 2 года назад

“Not your average trucker” is great too. He owns trucks and still drive them from time to time.

@ChristisKingOverMyLife 2 года назад

Thanks for this breakdown David. The video is absolutely golden and it's clear to me what I need to do. Amazing Stuff brother. Well Done!!!

@juanemilio99 2 года назад

You're the best man, I want to start my own company and you the person that explains it the best, detail by detail. Keep it up, greeting from Laredo, TX!!

@billbarnes9718 2 года назад

DAVE! Good to see you. Thanks for taking the time to do these videos.

@ronnellponder9645 2 года назад

Up late studying for my test when I found ur video. New 2 the industry but ur breakdowns are very easy and show good business model. My buddy got a couple trucks and is gonna help me get started up, this information was definitely helpful and useful. Looking forward 2 seeing what u put out next👌🏾👌🏾

@CRAYCRAY3592 2 года назад

Appreciate the breakdowns. Very useful info and insight in my future goals🙏🏼

@daphdoe4458 2 года назад

Thank you for these videos. Getting some insight. My friend wants to get in the business but from NY so I’m hoping to utilize these tips.

@rsgfase3084 2 года назад

love your videos, u always bring that information and break it all the way down. your videos are gems. Thank you so much!

@BigHomie6309 2 года назад

This is a great video bro, I started my box truck company a couple months ago and after hardships of a new authority I landed my first contract a couple weeks ago. I make a fairly solid amount each week that works for me. I have watched your videos for a while. The way you break down costs from revenue to expenses is paramount and extremely helpful. One day I hope to get in to semi trucks, I’m just crawling before I run and trip up. Thanks for the videos and keep them coming. You’re one of my biggest inspirations.

@harunkiani4595 2 года назад

if you don't mind me asking, how is contract pay compared to just using load boards?

@over-achiever Год назад

howd u get funding for your first truck

@BigHomie6309 Год назад

@@over-achiever I saved up and I also used some loan money. Looking back on it I should have used a different route or just saved up more. I don’t mind sharing my story but I hit some hard times between the time I started & now

@edparra1 2 года назад

You’re one of the best educating in the trucking bussines 💪🙌🙏

@MrNezalston 2 года назад

Another great quality video. I love your approach on how you explain why you do what you do - (Keep it simple (KIS).

@russellwall8422 2 года назад

You always make me understand, keep making these. Much appreciated!!

@csbadboy0083 2 года назад

You’re God sent I’ve been watching all your videos trying to decide which route to get into thanks for all this information your providing.

@barbarawaters4118 2 года назад

Thank you for all your videos. I preparing to start my own business by buying one truck at a time. I didn’t know where to start and no one had no advice to help me or tell me. I ran across your video by searching about how to. I’m thankful I found your videos. Keep up the good work. I’m taken this all in knowledgeable. Thank you

@bluexpress2465 2 года назад

I started the same way, and David's videos were so helpful in the beginning, and still are now. I am so grateful to have come across this humbled young man when starting my company. His experiences were my do's and don'ts, and after following his instruction, I'm 2yrs successfully in the industry, and still growing.

@bigjuvbankroll246 2 года назад

Great video, thanks for sharing your knowledge and information about the trucking industry.

@danielmendez2912 Год назад

Hello David! I really appreciate and enjoy your videos. Thank you for your time.

@sundance749 2 года назад

Hi David, thank you for the videos that you are putting out.

@nawasitumbeko1033 10 месяцев назад

You are real yet easy to understand i love your way of doing, explanation and simplicity in your choice of words .. simply amazing

@MrHALFPITT 2 года назад

This brother gonna blow up real soon with a huge fleet....He's figuring This cut throat trucking game out on his own,so proud of u bruh 💯💯💯💪🙏

@wecountingmoneyoverhere2517 2 года назад

Real soon? U might wanna catch up. David been grinding

@TruckingFromScratch 2 года назад

I appreciate the kind words

@charlesgenaro6778 2 года назад

Been watching is videos, David has quite the company.

@cardezford2109 2 года назад

Great content as always!

@markwillbanks3607 2 года назад

Good to see back, David.

@DonaldStaggs Год назад

Young man, I'm just starting my dispatch business I appreciate what you bring to the table.

@lifeonthemark 2 года назад

The info is FIRE and getting sponsored is DOPE!!

@BigCed 2 года назад

1,100 a day is a good goal to start with. I have my authority and home about 2 to 4 days a week. Good video dave

@Gstarxpress 2 года назад

Well if all u need is only couple thousand a week then u should open your own authority.. you could dedicate lane from mega carrier that pays 2k a week ans weekend off.. sir I’m sorry to say it but bieng your own boss will not get u more money if u will to stay home.. Im one man show everything on my own and I make 9700 average a week. Because I stay grind and go home weekend.

@BigCed 2 года назад

@@Gstarxpress I'm not really sure what you are talking about. I make 7 to 10k a week and home almost every other day .my truck and trailer both are payed off. 1,100 is my goal. I get more than that I have video of it. I been trucking since 2005. How long have you been a trucker ?

@BigCed 2 года назад

@@Gstarxpress I pulled a load off the DAT last week that picked up Monday Morning in Michigan that delivered Tuesday morning morning in PA 3,400 then got a load 2,000 Back to Michigan home in my bed delivering Wednesday. Do that twice a week and tell me how much I make and home every we ekend. It's in my videos bro. All mines too only thing I pay is fuel

@Gstarxpress 2 года назад

@@BigCed good for u bro but that 1100. A day is different the numbers u just mentioned.. being strong and reliable all times is the key to max your week.. so yeah even staying weekend home I’m still loaded that money Delevry 💂‍♀️☝🏿

@BigCed 2 года назад

@@Gstarxpress 1100 is the lowest amount that I will accept and that's for a short runs. I haven't ran anything under 1,400 per day in a while.

@polywoodtruckingllc 2 года назад

My staff just shared this with me Very informative 💪🏾

@royalflush8173 2 года назад

Man I like your style you seem like you are really trying to help your information is very good and easy to understand

@Austintwo3 2 года назад

gotta say, im so glad i found you brotha. ive been wanting to bring back my families trucking business for a while i just didnt/dont have the know how. ive binged just about every video you've uploaded over the last couple weeks. also just bought your "8 ways to start a trucking business" course, i deff see you as a mentor and ive learned alot. im looking forward to purchasing your other 2 courses and booking a 1 on 1 with you.

@safetrucker 2 года назад

He is a good guy for sure . You got this brother just give it your all and you won’t be disappointed!

@Austintwo3 2 года назад

@@safetrucker preciate the words of support!! failure is not an option for me, so i know i got this. i gotta legacy to leave behind ya know. you just gained a follower btw 💪🏾

@Austintwo3 2 года назад

subscriber*

@StephenSonOfErick82 2 года назад

Nice... Ive been reading, listening, watching and researching foelr months on in.. You Basicslly broke down in minutes what i have still yet to come across in darn near 3/4 of a yr. Oh ive come across ablot of people explsingnand talking about what you just out out but not actually breaking it down numbers wise.. Not only that but Dedicated.. ive heard thiz load board thst load board. But none that have mentioned dedicated. I appreciate all you habe done and all the knowledge you spill. If this isnt a million dollars worth of ga

@kerryb1250 2 года назад

Thanks for sharing your knowledge. You and another RU-vidr influence me to be a trucker .

@sakariaabdi359 2 года назад

This is Great information brother. Thank you

@jatko2009 2 года назад

Very helpful video! Thank you!

@TheJacksonss Год назад

I love how you broke this down, for the first time I feel like I’m actually understanding this industry

@JSGlobalMedia 2 года назад

Another great video!

@davekri1662 2 года назад

good vid as always. thanks

@ThisTruckingLife 2 года назад

Thank you for this!

@kloud1174 2 года назад

Good stuff!!

@mustafabayati4761 2 года назад

Thank you for this useful video 🙂

@stooozy3939 2 года назад

Hell yeah man, great vid! I'm over here in Indy too!

@TruckingFromScratch 2 года назад

Naptown standup

@oneone3983 2 года назад

This is a channel I would recommend great breakdown

@teddytjandra2843 2 года назад

Good job man👍👍

@RobTheSuave 2 года назад

If you live in the Midwest, it is no sweat making $2K a day and more with some of those short hops, if you are good at scheduling.

@calvins2061 2 года назад

Thanks for the video brother. I want to start box truck but don’t know nothing bout it or how to start.

@donaldswilley7014 2 года назад

Thanks alot u always keep ir real .. God bless

@kind1c315 2 года назад

Appreciate your knowledge

@saharathompkins5620 2 года назад

Great information

@kingkam5736 2 года назад

very informative!

@safetrucker 2 года назад

I always thought those emails were spam and viruses 🤣🤣. Well damn thanks bruv , your info along with others helped me make the decision to start my trucking company . I had no knowledge of over the road living or how to even handle paperwork . Just a company driver that hauled locally . I research what I needed and I have to admit this has been one heck of a journey . Be blessed and stay safe my trucker families !

@Saul.Tbawss 2 года назад

So you ended up going over the road or stayed local?

@safetrucker 2 года назад

@@Saul.Tbawss I do both now !

@anthonymarshall6127 2 года назад

First off, two thumbs up for this priceless information. It’s saved me thousands in dollars and Countless of hours in time. Truly grateful! However I’m having a hard time finding a trailer for rent in Nashville, TN. Any ideas that could point me in the right direction?

@clernasaintfelix4571 2 года назад

thank you for your info .

@frederickcapella6564 2 года назад

Looking to quit my regular job to get into trucking. These videos help a lot man. Thank you!!!

@DavidHernandez-nr2jp 2 года назад

It’s exactly what I’m doing. I got my CDL this month and I just put in my two week resignation notice at my current job. Good luck

@MrMatute7 2 года назад

@@DavidHernandez-nr2jp goodluck bro. How much was you’re training school for trucking? What state are you license in?

@savethecivic96 2 года назад

@@MrMatute7 I did mine in Illinois where I stay at a school by me and totaled $3500

@clifewilliams5930 2 года назад

@@savethecivic96 How do I search for power only loads in my area??

@clifewilliams5930 2 года назад

@@savethecivic96 how do you search for power only loads??

@daneshajamerson6654 2 года назад

Great information being dropped here! I am curious, are you factoring this as a truck driver dispatching for himself or as a dispatcher do we need to be deducting these numbers as well?

@ShockWave774 2 года назад

I’ve been driving for almost a year now, and looking to start my own company slowly, I didn’t know factoring companies where a thing. Preciate the knowledge

@robnomad1 2 года назад

Great video

@rameyfred 2 года назад

Great break down.

@p.treyben5567 2 года назад

What's up bruh... good to see ya

@thewalkingbank6645 2 года назад

You reached a whole lot more than just that one person. Trust me

@comebackid77 2 года назад

Great job

@MeandMyself-r3i 2 года назад

What a great story about Alfred and Jonathan!!

@thomaslunsford5644 2 года назад

if you make that. great pray you keep it up glad for you your family proud of you hard work paying off. god bless you and yours merry Christmas

@karencantrell1745 2 года назад

Go head with the sponsorship ❤️💪🏽🤣! But I’m in Indy and would love to be your mentee!!

@kevinlamarr1424 2 года назад

It also helps with driver retention.

@thenuclearoption1976 2 года назад

Tolls, trucknotes and parking. Im 1200 a month in tolls. Good video

@Trip_Laster 2 года назад

Currently I'm trying to stack up my paper and just go to a driving school on my own and pay for the class. Those classes are $3,500 and up in Michigan I'm doing the best I can right now Big brother.

@nenolynx6342 2 года назад

Good content

@lionofthehornofafrica3631 2 года назад

You inspire me bro all the way in London England..I have brothers in US..This wanna make me come to US and jump on one off those trucks..But don’t know where to start..

@carlosaguirre1313 2 года назад

David Good afternoon Thanks for sharing , valuable information. BEST REGARDS 6 December 2021

@bgaineybg 2 года назад

Appreciate your content bro! I remember you mentioned in a previous video, you use a compliance firm. Who do you recommend? I’m 2 months in and won’t to make sure I’m tight when they audit me! Thanks!

@TruckingFromScratch 2 года назад

norb.fehrman@itihq.com

@hotshot_shaun 2 года назад

Hey i been watching you since before i started

@ShankMistaMusic 2 года назад

Good video

@CantrellMosley1 2 года назад

Bro be ready to pull that Rotella bottle up 🤣🙌🏾🤣🙌🏾🤣🙌🏾

@ewaldfaugue4790 2 года назад

Great information Which truck is best to start with as new owner operator?

@samuelrobles2590 2 года назад

For Diésel purpose I pay my guys 50/50 after diesel… they take care of the diesel consumption a lot more

@justinferrell771 2 года назад

We just started a trucking company in Terre Haute Indiana!

@drewl4762 2 года назад

Can you do a video over the drug and alcohol clearinghouse as well as c/tpa

@fredwright8593 2 года назад

sounds good.

@zvestar 2 года назад

Thanks for the information my question is simple what size of truck and trailer do you use for the to have this kind of dedicated run Thanks.

@Trip_Laster 2 года назад

Only thing holding me up is my driving record. The company that I work for goes back 3 years when you're driving record. I have just a couple moving violations that's holding me up from advancing to get my CDL. Through my life I have caught many driving while license suspended, revoked, denied driving myself to work everyday.

@Fitoakanewtonj 2 года назад

What study have you done on the engine oil to compare fuel efficiency, and maintained cost

@TruckingFromScratch 2 года назад

Lab tested, microscopes, thermometers, X-rays, the whole 9

@bulziahebrand 2 года назад

Is there a way to buy trip and fuel permits directly from the state?

@lhakar6270 2 года назад

Hi. Dave. Where do I find a reliable box truck in Indiana. Thanks

@waxabi2336 2 года назад

Hey David great video man! I wanted to ask once I do become an owner operator can I call different distributors/companies to see if they have dedicated runs available for me or how exactly can I find dedicated lanes as a owner operator? Thanks again

@robbyleelu2739 2 года назад

Yes

@johnathancoleman5105 2 года назад

Yo appreciate the shoutout!

@TruckingFromScratch 2 года назад

Keep my bro on the straight & narrow lol

@mikewomick2135 Год назад

Great video, but I would add my depreciation per mileage and add 20% to fuel for maintenance to get more realistic numbers.

@yassireltigani3456 2 года назад

Thank you for what you do. Keen on getting in the logstics game in general. My plan is to try to be dispatcher/broker before getting my own truck. What you think of this

@TruckingFromScratch 2 года назад

I think that’s a smart move

@AutosClasicosConMiguel 2 года назад

Watching this video make me think if you are new in the business be very careful, 5500 a week sounds like unbelievable i be super comfortable with it, but the break down on this video still goes beyond what he explained, there's truck payments, tax payments, some tolls payments and down the road big maintenance like tires and parts isn't so easy like most new CDL Think it's. Good video but just adding that.

@tristannutall2129 2 года назад

Not really unbelievable there are a lot of companies paying good. And l sure there are no truck payment or he would have including it. Also maintenance is not a recurring cost unless you have a maintenance funds which you should. But this is not a account you should take with a truck note because of taxes. But payed off truck and driving yourself this would be heaven lol. Especially if you add a day

@driveandgrind2711 2 года назад

@@tristannutall2129 you think he is talking about company drivers making $1100 a day? I promise you he is not. Also like the guy said above $5500 is not very good, it’s not terrible but you better up it pretty quick or you gonna fail. For instance a tank of fuel is $900 and that will last you about two days.

@tristannutall2129 2 года назад

Lol well common sense would tell me he is not talking about company drivers. And if $900 in fuel last you two days you need a new truck. Cost $700 fuel for me and it last around 5 days going from Memphis to Nashville .But $5500 a week local is great with a paid off truck. So you should see no less then a 2k a week with a maintenance budget and after tax. So that’s pretty decent if you are ok with making around 100k with your truck. But this is with no note.

@tristannutall2129 2 года назад

@Mine trucking is not rocket science it’s pretty easy once you get it going. It’s a business but there is always risk in any business but as long as you keep your truck running and up to code then you make money. Lol and no most people are scared to drive trucks and don’t want to be away from home so your statement is false. A lot of people on the internet alway seem to root for people to fail in trucking and saying how hard it is but it’s not that hard. Like I tell people there is good and bad but it’s somewhat easier then other start up business when you get going. This man basically showed you his breakdown with his driver and it’s making profit and haven’t left yet. The same people on here be the same people saying you can’t make $40000 a month just because they haven’t. I have meet people say you can’t make 5k local a week well I meet multiple people making $8000 on the same account. Like I said before $2000 should be take home after maintenance, insurance, fuel, and taxes.

@chris049 2 года назад

If you have no driver that’s 187,000 a year with this particular method . There’s other loads and accounts as well , but I think this is better for someone who has multiple streams of income and doesn’t have time to look for loads and it’s steady pay he knows how much he’ll be making every week .

@flyby1708 2 года назад

By the time you do the real hard numbers insurance taxes maintenance medical insurance storage retirement etc comes out to about 300-400 per day. I might as well drive for a company. I've been in this industry for almost 30 years owning your own truck is not worth it long term especially if you only have one truck. Educate yourself before jumping into your own truck put down the hard numbers

@kodyvongprachanh971 2 года назад

And that’s why you failed or will fail cuz your mindset is set only on 1 truck rather than running multiple trucks. Being your own boss is more rewarding than working for another man. Think bigger

@flyby1708 2 года назад

@@kodyvongprachanh971 🤣🤣🤣 you could not even give me a truck knowing what I know.

@0017thNice 2 года назад

Is it better to rent trailers when first starting up instead of starting off so deep into the red with truck and trailer expenses?

@TruckingFromScratch 2 года назад

It depends

@simphiweernestkhumalo7300 2 года назад

I need help .,, I have contract almost the same , dedicated loads , the rate is not fixed . My driver wants 35% per load . Gross net . Is that ok

@wingsaseagles1 2 года назад

What is the lane you are running and who is it for?

@edwardosakwe9611 2 года назад

Hey bro, please is there a way I can reach out to directly because I might need your advice on how to start… thanks

@AGANGDONNIE 2 года назад

How did you find this lane? I can't fund any local work in my city

@makeitpay8241 2 года назад

How much is maintenance & repairs?

@dioncherry9612 2 года назад

Could I I do this as a driver while adding trucks to do this formula?

@jonathanjohnson8754 2 года назад

The commercial was hilarious

@BOSSLADIE1971 6 месяцев назад

Where you been????? I'm thinking about adding my MC number to my authority after 3 years to my business. And adding some owner operators wanted some advice. I haven't seen no new videos from you. You been MIA 😮

@j.gardner4811 2 года назад

A wise trucker once told me if he wasn’t going to make $1,500 for the day the job wasn’t worth it. When his truck moves (and it always moving) you know without a doubt he’s making a profit. Anyone tries to ‘talk him down’ in price he tells them the job isn’t worth it to him and he’s not going to budge on price.