The month of May was exactly what I needed to keep going in this horrible economy. After having a bad month in April, I really needed May to be a good one. There will be bad months but having consecutive months in the red, will have you rethinking about continuing being an Owner Operator. I was on the road for 24 days. Since the beginning of the year, I was finally able to enjoy 7 complete days at home, which has been extremely rare for a very long time! When I talk about how much money I grossed, please keep in mind that the month of May has 5 weeks, so I was paid by my carrier 4 times, the last pay week I spent it at home.

Truck & Trailer Repairs/Maintenance

Truck – $323.63 Oil Change

Trailer – $0

Additional Expenses

None

Fuel Breakdown

Average MPG (Miles Per Gallon) – 7.32 mpg

Average CPM (Cost Per Mile) – $.50

Average CPG (Cost Per Gallon) – $3.32

US Average CPG (Cost Per Gallon) – $3.82

Total Fuel Savings – $244.07

Miles Breakdown

Loaded Miles Ran – 11,927

Deadhead – 994 (12%)

Total Miles Ran – 12,921

Total Revenue -$25,650

Cost Per Mile – $1.56

Profit Per Mile – $.43

Gross Per Mile – $1.99

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: $10,765.74

True Net Income

Gross Income – Expenses = $10,765.74 Take Home