Category: Financial Episodes

I start off this episode talking about an overside load crash here in Utah that could have been catastrophic. It was a totally preventable crash and resulted because of what I would call extreme negligence. It’s an interesting story and one of those situations where we should all learn from someone else’s mistakes. It is easier that way.

Another tough month. June, July, and August are some of the harder months of the year. But how do you get through the hard times? Listen to this episode to find out!

Last month was good, but this month not so much. Listen to this episode where we go over June financials and why this month turned out the way it did.

In business you have to expect the unexpected and sometimes you get pleasantly surprised. After months of disappointment, a good surprise was a breath of fresh air and put a smile on my face. For the first time in a while, I am excited to show the numbers to everyone. Here are our May Financials!

Craig and I start off this financials episode by talking about one of the things that has the biggest impact on just about any business’s financials, sales: we have been doing some work to get more loads directly from shippers.

We start off the episode by talking about a driver we let go at the beginning of the month. We learned some lessons that we’ll discuss that will hopefully help you avoid some of the same mistakes. Here are the highlights for the month.

Every month that goes by I tell myself we are closer to getting through this rough patch. I am really optimistic that we are either at the bottom of the valley or very close to it and by March of next year we will be climbing out to better times.

To start off the episode I tell a story about a problem I have never faced with one of our loads and answer a question I get asked all the time by people who are in the process of starting a trucking company. After that, Craig and I talk about the crazy month of October.

Another month has come and gone and it’s time for a financial episode. It’s a pretty interesting market right now and we start off the episode talking about that. We lost money in September, it wasn’t much, however, we also had a lot of one-off expenses that skewed our numbers a bit.

Profitability has improved, but we are still struggling with cash flow. The loss we had last month and catchup from adding trucks 6, 7, and 8 in such a short period of time have really stressed our bank account.