January 2024 Financials | Episode 147

January was a good month, it seems like it has been a while since I have said that. It’s also been a while since I have told a good “Chris is stupid story” from my adventures on the road. This episode starts with a good one. The silver lining is that it was a good learning lesson that shouldn’t cause any serious harm.

What To Expect From Episode 147

The last 4 months have been some of the hardest months of my career. They have been tiring and stressful, but it is so nice to see positive results and it is making all the sacrifices feel worth it. With that being said, we still have work to do. Like I said in the story I told at the beginning of this episode, we can’t get complacent and we can’t settle into a routine. If we continue to push, good things will happen.

I feel like we need a drumroll. I’m really excited to share this month’s numbers, so without further delay……

• Total miles ran– 120,930
• Deadhead miles– 6,347 (5.2%)
• Total revenue– $290,958.59 (New Record)
• All-in rate-per-mile– $2.40 (Best number we have seen since August of 2022)

Haulin Assets realized a good profit of $59,546.22. Last month I said I was not going to feel good until I see our net profit number in the $50-60k range. I feel pretty good. We haven’t seen a number like that since the height of the market at the beginning of 2022, right before the crash started. I think we have made a muckle, at least for this month.

Most of the expenses on the P&L were pretty in line with normal so we don’t talk much about those. The only exception was fuel, which was only 24.3% of revenue. That is the best we have seen since the beginning of 2022. Hopefully, fuel stays relatively low and revenue stays high.

We finish the episode by discussing some of the changes that have produced good results.

Profit & Loss Sheet

Listen to the Full Episode