April 2024: How Much I Made As An Owner Operator (Dry Van)

The month of April was a hard one. Haven’t had a month this bad since last year. The revenue was good, the amount of money that came in overall was actually not bad, but the repairs I had this month is what got me. You have to be prepared for repairs. They can range from a few hundred bucks to several thousands of dollars. the worst thing about repairs, they can happen at any given moment. They cannot be predicted, all you can do is be prepared as much as possible. What makes even it worse, is when you have to pay for repairs that might’ve not been necessary! Keeping up with tires, can be very annoying. The way the thread wears off can have you like, How!? This month I had to replace both of my steer tires, one trailer tire, and that really hurt my profit margins. I also had to fix the floor on my trailer, it was starting to look very bad. I’m honestly shocked it lasted as long as it did. But let’s get into the numbers!

Truck & Trailer Repairs/Maintenance

Truck – $1,200.72

Trailer – $568.76

Additional Expenses

None

Fuel Breakdown

Average MPG (Miles Per Gallon) – 7.46 mpg

Average CPM (Cost Per Mile) – $.51

Average CPG (Cost Per Gallon) – $3.54

US Average CPG (Cost Per Gallon) – $4.00

Total Fuel Savings – $449.19

Miles Breakdown

Total Miles Ran – 9,873

Deadhead – 1,722 (5.73%)

Total Revenue -$ 23,090

Cost Per Mile – $1.66

Profit Per Mile – $.67

Gross Per Mile – $2.34

Fuel Log

Profit & Loss

Truck Payment

My truck payments are $1,523/Month. So after my expenses and truck payment, that leaves me with a Net Income of: $6,674