#127. March 2023 Financials
Episode description
We had one truck sitting for the entire month of March, that definitely had an impact on things. The infamous egg load occurred around the end of the month. It will have more of an impact on April's numbers than it did in March. Needless to say, March was an eventful month. We talk all about it during this episode. Make sure to give it a listen.
What To Expect From Episode 127
The tough months keep racking up. With that being said, it could have been worse, we were positive and at least moving in the right direction. The weather was a bit better in March and so far April has been much better. I'm done with winter. Here are the numbers.
- Total miles ran – 99,992
- Deadhead miles – 6,736 (6.7%, creeping up, indicator of a tough freight market)
- Total revenue - $201,659.00
- All-in rate-per-mile - $2.02 (The worst we have seen in years, since the start of COVID)
Haulin Assets realized a profit of $9,848.55. I am actually surprised we made a profit based off the average rate per mile. Our direct shipper relationships are making a difference. An owner operator could probably survive in a market like this working only off the spot market, but anyone with employee drivers I don’t think would be able to. We're keeping our hook in the water so we'll be able to take advantage of a stronger market when the fish are ready to bite.
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