#122. January 2023 Financials
Haulin Assets - A podcast by Motor Carrier HQ - Wednesdays
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We had one of our best months in quite a while, but honestly, I am a bit disappointed. I though it was going to be better. Right at the end of the month, I-80 in Wyoming was shut down for several days because of weather and a big 50 vehicle pileup. That resulted in several of our loads that should have delivered in January being delayed and not arriving at their destination until the beginning of February. On a positive note, that will probably make February's numbers better than they would have been. If you haven't ever used this website, check it out. It is a good way to see what is happening on the major roads in Wyoming. What To Expect From Episode 122 We had all 10 trucks running in January for the first time. In fact, it was the first time in over a year that we have had all of our trucks running for an entire month. What does that mean, we broke some records. Check it out: Total miles ran – 101,915 (Record, but weather had a negative impact) Deadhead miles – 5,739 (5.6%) Total revenue - $215,780.06 (Record, but should have been $20k higher) All-in rate-per-mile - $2.12 (Yuck!) Haulin Assets realized a profit of $21,131.69. Our saving grace was that we had all trucks running for essentially the entire month. The longer I have been doing this the more I realize that we need to have the wheels turning as much as possible. A sitting truck is a money pit.