#164. August 2024 Financials

Haulin Assets

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Holy cow, Hurricane Helene has caused some serious problems. It seems like it has been a while since we have had a hurricane that was this bad. Ashville, NC received over 2 feet of rain and is a zone of devastation. It's not an area we deliver to often, but guess what, we have a load trying to deliver there now. The receiver's parking lot is full of mud and can't take trucks. It could be weeks before they are up and running again. I'll keep you posted on what happens.

We are constantly trying to improve. We start off this episode talking about a few things we have decided to do a little different. We hope both changes will improve our bottom line. One of them should also have a positive impact on our maintenance BASIC score and hopefully on our overall maintenance costs.

What To Expect From Episode 164

We had a really good revenue month, but overall numbers are still not where we want them to be. There are some positives in the numbers that we will talk about throughout this episode.

• Total miles ran– 136,000 (That's a new record)
• Deadhead miles– 10,513 (7.7%, down a little from last month.)
• Total revenue- $283,586.73
• All-in rate-per-mile- $2.09 ($0.03 better than last month, $0.10 better than last year)

Haulin Assets had a profit of $5,189.78. With the big revenue month, I was expecting more. There were some P&L items that impacted net profit.

Here are the P&L items that stick out, we'll talk about them.

• Damages
• Payroll
• Maintenance and Repairs
• Fuel