If you have not listened to episode 33, Bad News, Good News, listen to that first. There is a backstory to this episode, and understanding it will give you better context to this episode as we go over the December financials.
What to Expect From Episode 35
December was a tough month. I had to do an engine rebuild, so I was out of commission and did not pick up my first load until the 17th. I ran until the 23rd and then was back at it on the 26th. I was hoping to take a little more time off around the holidays, but fate wanted me taking my time off earlier in the month.
Obviously, December was not going to be a great month, but it could have been a lot worse. Because the repairs were all covered under warranty I didn’t have any repair costs. The bad news is revenue and my pay as a driver was way down. The good news is that I actually turned a profit for the month, just a small one.
Some of the highlights are below. Listen to the episode where Craig and I talk about these numbers and the profit and loss statement and balance sheet in more detail. You can look at the financials yourself by clicking on the links at the bottom of the page.
- Total miles ran – 4,657
- Deadhead miles – 226
- Total revenue – $9,600
- All-in rate-per-mile – $2.06
- Full days on the road – 8
- Partial days on the road – 4
In the end Haulin Assets realized a profit of $1,839.68.