Year Two, Second Quarter Results (September 09 to December 09)

This past week was the 18-month mark in my lease-purchase with Hill Bros. As before, I'm going to be comparing numbers from each quarter this year with the corresponding numbers from last year, with the previous year in parenthesis.

Paid miles for this quarter were 31,025 (33,355) and total miles driven were 34,300 (35,583), resulting in an OOR (Out-Of-Route) of 10.56% (6.68%). Those extra hundreds of miles OOR going home that I recently complained about contributed here.

I purchased 11,244 (15,723) in fuel and received 7,639 (12,145) in FSC, for an adjusted fuel expense of 3,605 (3,578). Divided by miles run shows 10.51 (10.06) CPM for fuel this quarter.

Average paid miles driven per week rose to 2,387 (2,566) compared to last quarter and my weekly net income rose to 1,274 (1,127). Per-mile revenue rebounded to 1.26 (1.33).

I'm starting to track my net CPM each quarter. My goal is to pay myself at least 50 CPM and last quarter it was 48.95. This quarter it is 53.38 CPM.

Net Pay By Week:

14: 1225
15: 1646
16: 518
17: 1993
18: 1799
19: 934
20: 1091
21: 1521
22: 1088
23: 629
24: 1544
25: 1326
26: 1246

Analysis and Goals

I took a lot of extra home time this quarter, mostly because I bought a house in August and have someplace nice to spend my home time! My overall money goal for this year was to make as much income as last year and also take a week off. I spent almost six days at the house over Thanksgiving and a handful of weekends I've been taking a third day off so the extra home time has been seen to.

My goal of 1,200 per week net income was surpassed even with all the extra home time, so I'm going to shoot for 1,300 next quarter. This will put me on a trajectory below that of last year, income-wise, but I'm hoping for the price of diesel to start rising and to figure out a way to keep a lid on those OOR miles to make up the difference. I suppose I could work harder, but where is the fun in that?