To start off the episode I tell a story about a problem I have never faced with one of our loads and answer a question I get asked all the time by people who are in the process of starting a trucking company. After that, Craig and I talk about the crazy month of October.
What To Expect From Episode 117
October was another tough month. We had two trucks sitting and a third truck that only ran about half as many miles as it should have. That put us nearly 25,000 miles short of where we would like to be and was the biggest impact on our P&L. Here are the numbers:
Haulin Assets realized a loss of $20,825.09. Two months in a row with a loss. Is the sky falling? I don’t think so. I think all in all we can get by as long as we don't average more than one truck off the road. Hiring drivers in a timely manner is crucial. Craig and I dive into the two main reasons I feel like we had such a big lost, a low number of miles and a freight market that is struggling.
We also talk about a few expenses on the P&L that were outside of normal.
#153. Independent Owner Operator vs. Leased Owner Operator
#152. March 2024 Financials
#151. Eating Marshmallows & Trucking
#150. February 2024 Financials
#149. Finding Loads: Keys to Success
#148. Finding Loads: Building Relationships
#147. January 2024 Financials & Chris's Dumb Mistake
#146. Finding Loads: The Process
#145. December 2023 Financials
#144. Finding Loads: The Systems I Use
#143. November 2023 Financials
#142. Cost Per Mile
#141. October 2023 Financials
#140. September 2023 Financials
#139. Dispatching
#138. Many a Mickle Makes a Muckle
#137. August 2023 Financials
#136. A Tribute to Truck Drivers
#135. Health and Fitness on the Road
#134. July 2023 Financials
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