Category: Financial Episodes

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.

June was another tough month for us, but we’re optimistic about July. Plus we have some pretty exciting development happening, so be sure to check it out!

We’ll break down the numbers and talk about what went well for the month and what didn’t. Trucking is a good business, but like every industry, there are ups and downs and this month is a good example of that.

What a difference a month can make. April of 2022 was nothing like March. Craig and I will dive into what happened and a little about what I expect to see in the next couple of months.

The good start to the year continues in February. We cover some really great topics in this episode including what is going on with fuel these days and looking at expenses as a percentage of income.

January was a good start to the year. A couple of episodes ago I left a teaser about $7,000 in preventable damages we had to payout and Craig and I start the episode off diving into exactly what happened.

To start off the episode, Craig and I talk about how knowledge is power. As an example, I talk about a conversation I recently had with someone who had a load dropped on him by a broker, we suspect because the broker found another carrier who would haul it for less.

Good times keep coming, November 2021 was another good month for the financials. It wasn’t as good as the last several months, but still a solid month. In this week’s intro, Craig and I talk a little about the ownership mentality.