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.
#95. The Tax Man Cometh
#94. December 2021 Financials
#93. Be Better This Year
#92. November 2021 Financials
#91. Annual Planning for 2022
#90. October 2021 Financials
#89. Hiring a Truck Driver: the Mechanics
#88. September 2021 Financials
#87. How Much Does it Cost to Sit for a Day?
#86. August 2021 Financials
#85. How to Manage Your Cashflow
#84. July 2021 Financials
#84. July 2021 Financials
#83. How to Hire Great Truck Drivers
#82. June 2021 Financials
#81. Don't Be Indecisive
#80. Leasing a Semi-Truck vs Buying One
#79. May 2021 Financials
#78. Business Credit For Trucking Companies
#77. April 2021 Financials
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