#180. May 2025 Financials

Before we dive into the nuts and bolts of May 2025, Craig and I talk about the crazy weekend we just had. Literally every truck had some kind of significant issue over the weekend. Everything from problems cause by getting loaded more than 24 hours late to breakdowns and blown tires. It is crazy how you can go from one weekend that is quiet with almost no activity to one like last weekend where all hell breaks loose. I also ask for your opinions on how much of an impact hot weather has on tire failure rates. 

What To Expect From Episode 180

The ups and downs of trucking are not limited to crazy or mundane weekends, the profitability of trucking is also one heck of a roller coaster. After a better start to the year than we have experienced the last several years, May hit a brick wall. I don't think the difference we saw in May is due to the market, but more because of internal factors we experienced. Let's take a look at the numbers:

• Total miles ran– 99,880
• Deadhead miles– 7,985 (8%)
• Total revenue- $205,682.73
• All-in rate-per-mile- $2.06

Haulin Assets had a loss of $27,150.76. Wow, that was hard to type, that is almost a $75,000 difference between April and May, even though May even had a slightly higher rate per mile. There is A LOT going on in the P&L and we talk about it in more detail than normal. You'll want to listen to the episode to get the full story.

Here are the P&L items we dive into:

• Revenue
  • Low revenue was the largest contributing factor to the loss, we spend a lot of time talking about it
• Fuel
• Repairs and Maintenance
• Taxes