Buying A Truck
Topic 10461 | Page 2
I had a great account 7 dollars for everymile the truck turned. It came to and end 5 years ago, I drove for a co 3 years and said screw this nonsense. Retired at 48 years old.
Where do you make money where a net profit can be $7.00 for every mile?
Where do you make money where a net profit can be $7.00 for every mile?
Hudsonhawk, he never used the words "net profit." Notice that his "great account" came to an end, just as they all do - which is something we often stress to people about being an owner operator. Any business endeavor, be it trucking or pest control will always be adjusting to changes in the business climate, changes in the market, new and more aggressive competitors, changes in regulation, changes in technology, change, change, change. it never stops.
In trucking, the only constant seems to be that owner operators are making a killing when they are explaining it to those poor company drivers, but they are losing money when they are explaining it to the tax man.
Owner Operator:
An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.
HOS:
Hours Of Service
HOS refers to the logbook hours of service regulations.
From what I've seen,used trucks with 500k mileage,run between 50-75k. Better to save and buy a brand new truck,from a dealer,with a warranty,and buy the first 500 k miles. .rather than the last 500k.
I had a great account 7 dollars for every mile the truck turned.
I would love to hear more about this since it paid about 300% more than any account I've ever heard of.
I had a great account 7 dollars for every mile the truck turned.
I would love to hear more about this since it paid about 300% more than any account I've ever heard of.
I would like to know more about this too, because everywhere I have been doing a lot of research about trucking (and I mean a LOT). I have watched hundreds of Youtube videos, called plenty of trucking companies, of course asked things on this forum, started my studies in the High Road program on this site, talked to people who are actually truckers, started reading the CDL manual on the dmv website, and everything else that you can think of. Everywhere that I look and read, I see the phrase cpm , as in 'cents per mile.' I've never heard of anyone making dpm, or dollars per mile lol. Not bashing just curious. We all want to make money.
CDL:
Commercial Driver's License (CDL)
A CDL is required to drive any of the following vehicles:
- Any combination of vehicles with a gross combined weight rating (GCWR) of 26,001 or more pounds, providing the gross vehicle weight rating (GVWR) of the vehicle being towed is in excess of 10,000 pounds.
- Any single vehicle with a GVWR of 26,001 or more pounds, or any such vehicle towing another not in excess of 10,000 pounds.
- Any vehicle, regardless of size, designed to transport 16 or more persons, including the driver.
- Any vehicle required by federal regulations to be placarded while transporting hazardous materials.
Dm:
Dispatcher, Fleet Manager, Driver Manager
The primary person a driver communicates with at his/her company. A dispatcher can play many roles, depending on the company's structure. Dispatchers may assign freight, file requests for home time, relay messages between the driver and management, inform customer service of any delays, change appointment times, and report information to the load planners.DMV:
Department of Motor Vehicles, Bureau of Motor Vehicles
The state agency that handles everything related to your driver's licences, including testing, issuance, transfers, and revocation.
CPM:
Cents Per Mile
Drivers are often paid by the mile and it's given in cents per mile, or cpm.
I would love to hear more about this since it paid about 300% more than any account I've ever heard of.
I would like to know more about this too, because everywhere I have been doing a lot of research about trucking (and I mean a LOT). I have watched hundreds of Youtube videos, called plenty of trucking companies, of course asked things on this forum, started my studies in the High Road program on this site, talked to people who are actually truckers, started reading the CDL manual on the dmv website, and everything else that you can think of. Everywhere that I look and read, I see the phrase cpm , as in 'cents per mile.' I've never heard of anyone making dpm, or dollars per mile lol. Not bashing just curious. We all want to make money.
O/O's are paid dpm, out of which they must pay for all of their expenses..., so they end up with cpm.
CDL:
Commercial Driver's License (CDL)
A CDL is required to drive any of the following vehicles:
- Any combination of vehicles with a gross combined weight rating (GCWR) of 26,001 or more pounds, providing the gross vehicle weight rating (GVWR) of the vehicle being towed is in excess of 10,000 pounds.
- Any single vehicle with a GVWR of 26,001 or more pounds, or any such vehicle towing another not in excess of 10,000 pounds.
- Any vehicle, regardless of size, designed to transport 16 or more persons, including the driver.
- Any vehicle required by federal regulations to be placarded while transporting hazardous materials.
Dm:
Dispatcher, Fleet Manager, Driver Manager
The primary person a driver communicates with at his/her company. A dispatcher can play many roles, depending on the company's structure. Dispatchers may assign freight, file requests for home time, relay messages between the driver and management, inform customer service of any delays, change appointment times, and report information to the load planners.DMV:
Department of Motor Vehicles, Bureau of Motor Vehicles
The state agency that handles everything related to your driver's licences, including testing, issuance, transfers, and revocation.
CPM:
Cents Per Mile
Drivers are often paid by the mile and it's given in cents per mile, or cpm.
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I had a great account 7 dollars for everymile the truck turned. It came to and end 5 years ago, I drove for a co 3 years and said screw this nonsense. Retired at 48 years old.