#150. February 2024 Financials

2024-03-20

Sign up for information about Haulin Assets Academy here: https://haulinassetsllc.com/2024/01/23/finding-loads-the-process-episode-146/ Check out Fuelstream here: https://www.fuelstreamservices.com/ Traditionally, February is the low point of the year for the trucking industry. If that is the case this year, we have reason to celebrate. Although we didn't rake in huge profits, we did a lot better than we did during the really tough period we had during the middle of last year. Before we jumped into the heart ...

Sign up for information about Haulin Assets Academy here: https://haulinassetsllc.com/2024/01/23/finding-loads-the-process-episode-146/

Check out Fuelstream here: https://www.fuelstreamservices.com/

Traditionally, February is the low point of the year for the trucking industry. If that is the case this year, we have reason to celebrate. Although we didn't rake in huge profits, we did a lot better than we did during the really tough period we had during the middle of last year.

Before we jumped into the heart of this episode, Craig and I talked about two different situations we ran into recently. The first is about a frustrating receiver we regularly deliver to in the Miami area of Florida. The second is about a ruptured reefer fuel tank, that's a new one for me.

What To Expect From Episode 150

The numbers this month are pretty bland, nothing to write home about, but what more do you expect in February? I am actually fairly pleased with how things turned out and I expect things to get better and better as the year goes on. Here are the numbers:

Total miles ran– 114,044 (Lowest miles we have had in 5 months)
Deadhead miles– 6,474 (5.7%, about the same as last month)
Total revenue- $234,532.17 ($56,426 less than last month)
All-in rate-per-mile- $2.06 (If this is the low point of the year, which I think it should be, I’ll be happy)

Haulin Assets realized a baby profit of $2,046.87.

Here are the P&L items we talk about: