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TRUCKING COSTS * USA - Owning The Wheel: Balance sheets and P&Ls
Accounting seems to baffle many people but it’s actually very simple
USA -The Trucker, by JOHN EWING -19 Aug 2009: -- One of the keys of success as an owner-operator is knowing your bottom line. Armed with your actual cost per mile you’ll know when a load is paying you and just as importantly when you’re paying to haul the load. With a slow economy comes a drop in available freight and as the amount of freight drops, the number of available trucks goes up. The reason this surplus of trucks drives rates down is that many of these owners and small companies don’t know what their bottom line is so they drop their prices to the point where they actually paying the company to haul their freight for them. So this article is the first in a short series designed to give you the knowledge you need to be able to calculate your bottom line and manage your business...Labels: trucking costs solutions
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