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Because of his success and proven wisdom, Warren Buffett enjoys high credibility in Wall Street circles. A recent Reuters article reports Buffett's views. "The United States is already in a recession and it will be longer as well as deeper than many people expect,...." Alan Greenspan and other...

We don't make a profit to buy a truck. We buy a truck to make a profit. The truck is an expense. Profit is what you have after all expenses are paid.

Notice that I did not say truck payment costs were suddenly reduced to zero. I said interest on the truck loan was reduced to zero. Once the truck is paid off, interest costs cease. But even though the truck is just two years old and paid for, replacing the truck must be accounted for, and the...

ratwell71, I think you have a valid point when you speak of the time value of money. I also think Turtle has a valid point when he speaks about paying present day expenses with present day dollars. Using the $1.40 number you suggested, if my carrier paid me $1.40 per mile to haul freight and...

I think monthly is often enough. If something unusual occurs, like a spike in fuel prices, adjustments can be made. With fuel prices moving up as fast as they have been, I have been using the previous month's cost per mile number, adjusted for fuel prices each time we fill the tank. That...

Yes I can, but I need to know which claim you are asking about.

The obvious benefit of knowing your cost per mile is knowing your cost per mile. An additional benefit is it helps keep your eye on the ball. It is easy to get sidetracked with general talk about fuel prices, market trends, what other drivers are doing, what carriers are doing, etc. What may...

The good news is you have a way to be legal by using the lift axle. That is what it is for, after all. Lift axles take some getting used to and it takes a few loads and trips to the truck stop scales to get to know the truck. The ideal situation would be if you found yourself with four skids...

I think DaveKC might benefit by studying Panther's One Call Solution web page, where services explained there seem quite similar to the FedEx Expedited Freight Services soloutions promoted by FedEx Custom Critical. If people wanted to negatively ride Panther like DaveKC negatively rides FedEx...

I don't see the connection between favoritism and tracking a contractor's load acceptance percentage. When you say "favoritism" are you refering to the unfair dispatch favoritism that has been recently discussed in the forum? If so, you need not wonder if it exists at FedEx Custom Critical. It...

Passing time in New Jersey, waiting for a Tuesday pickup. Will be in an RV park most of the time.

From Thompson Financial News this morning: "Oil prices have soared by almost 20 percent since the beginning of the month, extending a long-term rally that has seen prices more than double since the beginning of 2007." At the pumps, diesel prices have not matched crude oil prices exactly but...

We have the same setup on our truck. The key must remain on for the air bags to remain deflated. We also think it is a stupid system. I am sure there is a reason the system was designed to do this, but I have yet to figure out what it is. Two solutions: 1. Pump or drain all the air out of the...

You will never know for sure until you fully embrace the opportunity, which means getting all the credentials fully-credentialled ER teams have, getting the truck fully qualified (TVAL), and getting an ER unit, the length of which does not keep you out of Canada. Enough about you, Streakn1...

Thank you for the photos. The sans visor look takes some getting used to.

I'm not sure it is a fact of life that one team driver is better than the other. One might be better at backing. The other might corner better. Heck, there are days when I surprise myself by getting into a challenging dock on the first try, and other days when I have acres of space to work with...

It is an interesting request you make. As a co-driver and half of a married-couple team, I usually talk about what "we" do because we are in this together. We have the same goals. We enjoy each other's company. We have developed business practices and work habits that are the same. It sometimes...

There is the event and there is your response to the event. In many cases, the anxiety one feels can be overcome by thinking through the feelings you experience and thinking of ways you can change your response. Two authors that have written about the ability to change how you feel by...

Do you have before and after pictures?

$22,500 gross/$1.90 per mile = 11,842 miles $26,000 gross/$1.70 per mile = 15,294 miles Let's assume (you can give or take as you wish) it costs $1.50 per mile to operate your truck. Thus: 11,842 miles x $1.50 per mile = $17,763 to run the truck. 15,294 miles x $1.50 per mile = $22,941 to run...