#52. May Financials
Episode description
May was much better than April, in fact, we were able to turn a healthy profit. The freight market was better than April, but still unstable. It seems hit and miss. One day an area of the country has decent rates and a few days later the same area crashes and rates go bad. With that being said, rates on a whole are definitely improving.
What To Expect From Episode 52
Here are the numbers for the month. Craig and I go over them and talk in detail during this episode.
- Total miles ran – 12,202
- Deadhead miles – 1,244 (high, but not as bad as I thought it was going to be, we had to chase a few loads to get out of bad spots and to keep from sitting)
- Total revenue - $20,489.01 Solid Month
- All-in rate-per-mile - $1.68 (Still not very good, but at least 10 cents a mile better than last month. I really need to recalculate my cost per mile, with the reduced fuel prices, lower insurance, and a few other things, I think my cost has dropped.)
- Full days on the road - 21
- Partial days on the road – 7
20 full days were Mike’s and 5 partial were his. I had 1 full day and 2 partial days. (Big reason for the success. Only 3 days parked) That is a Haulin Assets Record.
In the end Haulin Assets realized a profit of $4,043.84. Almost made up for last month’s loss.
Check out show notes and past episodes at HaulinAssetsLLC.com.