successful trucking company owner in front of a truck

10 Signs You Are Successful Trucking Company Owner Even If It Doesn’t Feel Like It

So, if you own a trucking company and you know what it costs to operate each piece of equipment, and at the same time you know how to reduce unnecessary expenses, then you should know that you are definitely a successful trucking company owner.

Thereupon, the real costs of having a trucking business on a yearly basis are the following ones:

$180.000 is the average total yearly cost of operating a single class 8 truck; $1.38 is the average cost that trucking companies are paying per mile; A single class 8 truck can consume more than $70.000 of diesel fuel per year;
Fuel represents the largest operating expense; New trailers, in general, cost $50.000; New cabs cost $100.000;
The standard commercial truck driver salaries are based on the distance they drive- per mile; Multiple insurance policies can cause coverage to cost over $6.500 per year; An average truck tire can cost over $250- that is to say the average annual tire expenses can exceed $4.000;
The total US toll road mileage is exceeding 5000 miles(all interstate and non-interstate roads included); The average trucker is spending more than $600 a year on coffee; Federal diesel fuel taxes equal with $0.04 per mile;

 

Sign No.3: You Are Regularly Scheduling Preventive maintenance

PM or better known as preventative maintenance is the key to running a trucking company and becoming a successful trucking company owner.

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