May Financials | Episode 52

May was much better than April, in fact, we were able to turn a healthy profit. The freight market was better than April, but still unstable. It seemed hit and miss. One day an area of the country has decent rates and a few days later the same area crashes and rates go bad. With that being said, rates on a whole are definitely improving.

What To Expect From Episode 52

Here are the numbers for the month. Craig and I go over them and talk in detail during this episode.

  • Total miles ran – 12,202
  • Deadhead miles – 1,244 (high, but not as bad as I thought it was going to be, we had to chase a few loads to get out of bad spots and to keep from sitting)
  • Total revenue – $20,489.01 (A solid month)
  • All-in rate-per-mile – $1.68 (Still not very good, but at least 10 cents a mile better than last month. I really need to recalculate my cost per mile, with the reduced fuel prices, lower insurance, and a few other things, I think my cost has dropped.)
  • Full days on the road – 21
  • Partial days on the road – 7

Of these numbers, 20 of the full days and 5 of the partial days were Mike’s. I had 1 full day and 2 partial days. (Big reason for the success. Only 3 days parked!) That is a Haulin Assets Record.

In the end Haulin Assets realized a profit of $4,043.84. It almost made up for last month’s loss.

Listen to the Full Episode

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