This week's edition of Overdrive Radio takes a deeper dive into Overdrive's relatively new Load Profit Analyzer tool.
Go there and pull up the analyzer to follow along with this detailed walk-through with owner-operator business coach and longtime Overdrive contributor Gary Buchs. As regular readers will likely recall from when it was introduced late in 2024, the Analyzer was in part inspired by Buchs’ own efforts at individual load profit analysis, tracing back to his decades as owner-operator himself. (Gary retired from the road in 2019, yet continues private efforts as a mentor/business coach to other owner-operators.)
I brought Gary on to talk us through a few divergent load examples in hopes that more owner-operators in the audience might benefit from what is in essence a fairly simple calculator, but might also be a powerful personal accountability tool for business performance long-term. So, with this episode, get to a spot where you can pull out the mobile device or laptop and go to the Load Profit Analyzer module.
We'll run through the three cost-input fields you see there, namely:
- Fixed cost per day under load
- Salary per day under load, and
- Variable cost per mile.
Overdrive Radio's sponsor is Howes, longtime provider of fuel treatments like its Howes Diesel Defender all-weather mileage booster and winter anti-gel treatments to get you through the coldest temps, the Howes Multipurpose penetrating oil, and other products.
There are always dozens of variables at play in load selection and post-delivery analysis, but engaging with your own numbers with the tool we hope helps yield results over time, as Gary likes to say, as you "touch those numbers" routinely. Give it a whirl with today's podcast via the Youtube version up top or below via Spotify:
More from Gary on the topic of negotiations in this past Overdrive Radio edition.
