February Financials | Episode 40

I’m getting February’s financials out a week earlier than I normally would, because I’m going to do a three-part series on safety and compliance, and I want to be able to do them all in a row, without interruption. Here is a sneak peek for what the episodes will be about.

• Episode 41 – What Is the FMCSA CSA Program?
• Episode 42 – How To Prepare for a DOT Audit
• Episode 43 – How To Pass a DOT New Entrant Audit

What To Expect From Episode 40

February could have been worse. I had to take more than half the month off because of my military service, so I didn’t start my first load until the 18th. With that being said, I still made a profit. Here is a quick overview. Craig and I talk about all the details during the episode. Scroll to the bottom and you’ll see copies of the Profit and Loss Statement and the Balance Sheet.

• Total miles ran – 4,668
• Deadhead miles – 247 (5%, Much better than last month)
• Total revenue – $10,087.00
• All-in rate-per-mile – $2.16
• Full days on the road – 5
• Partial days on the road – 4

In the end Haulin Assets realized a profit of $2,427.52, which is pretty good for having to have the truck sit for over half the month.

Routes Traveled

Financial Sheets

Listen to the Full Episode