Truckers beware: use diesel fuel economy for higher profits
If you are an owner operator with a single truck or if you own a business with one to a thousand trucks, you are on the road every day trying to make money. What I’m going to show you is that if you have a Kenworth W900L, a Peterbilt 379-127, an International 9900, a Western Star 4964EX, a Freightliner Classic, or any other top pickup, you’re leaving money on the road instead of in your pocket. . Ladies and gentlemen, I’m here to tell you that with the rising cost of fuel and the rising cost of maintaining a truck, you need to get creative with what you drive. In today’s truck market, you can invest in a more aerodynamic truck like a Kenworth T2000, Kenworth T600, Peterbilt 387, Freightliner Century, Freightliner Columbia, or any other aerodynamic truck and you can get all the interior features and sleeper configurations you can get. in a truck with a hood. What you get from switching to a more aerodynamic truck is HIGHER fuel mileage. Take a look at these conservative estimates.
Single Truck Owner Operator – Poor Fuel Mileage
o Run a truck averaging 5.0 miles per gallon 100,000 miles per year at $ 2.50 per gallon.
-20,000 gallons of fuel purchased
-20,000 gallons x $ 2.50 per gallon = $ 50,000 annual fuel cost
Single Truck Owner Operator – Improved Fuel Mileage
o Increase your fuel mileage to 6.0 miles per gallon, traveling 100,000 miles per year at $ 2.50 per gallon.
-100,000 miles / 6.0 Mpg = 16,667 gallons of fuel purchased
-16,667 gallons x $ 2.50 per gallon = $ 41,667 annual fuel cost.
Single Truck Race Team – Low Fuel Mileage
o Run a truck as a team and average 150,000 miles per year, average 5 miles per gallon at $ 2.50 per gallon
-30,000 gallons of fuel purchased
-30,000 gallons x $ 2.50 per gallon = $ 75,000 annual fuel cost
Single Truck Race Team – Improved Fuel Mileage
o If you increase your fuel mileage from 1 to 6.0 miles per gallon and run 150,000 miles per year at $ 2.50 per gallon
-150,000 miles / 6.0 Mpg = 25,000 gallons of purchased fuel.
-25,000 gallons x $ 2.50 per gallon = $ 62,500 annual fuel cost.
or 100,000 miles per year
-5.0 Miles per gallon = $ 50,000
-6.0 miles per gallon = $ 41,667
– $ 50,000- $ 41,667 = $ 8,333 SAVINGS
or 150,000 miles per year
-5.0 Miles per gallon = $ 75,000
-6.0 miles per gallon = $ 62,500
– $ 75,000 – $ 62,500 = $ 12,500 SAVINGS
o By having higher fuel mileage, that means you can go further on a fuel load, allowing you to go further for cheaper fuel. What if you buy fuel for $ 2.48 per gallon or just .02 per gallon below average?
or 100,000 miles per year = $ 41,333 per year for a savings of $ 8,667 and an additional $ 300 in your pocket.
or 150,000 miles per year = $ 62,000 per year for a savings of $ 13,000, an extra $ 500 in your pocket.
By increasing your miles per gallon with the purchase of a more aerodynamic truck, you can expect to increase your profit margin from $ 8,500 to $ 15,000 per truck, depending on how many miles you run per year. Note that my example only increases fuel mileage by 1 mile per gallon. Do the math and you’ll see that while your competitors are driving top trucks, you can drive a more aerodynamic truck and put more money in your pocket. With just the fuel savings you can almost make your truck payment for the year, now wouldn’t that be nice?