Avoiding Common Mistakes That Can Cost Truckers Thousands

Avoiding Common Mistakes That Can Cost Truckers Thousands

Running a trucking business is challenging, and even experienced truckers can make mistakes that cost thousands of dollars in lost revenue, fines, or unnecessary expenses. Whether you're an owner-operator or a fleet owner, avoiding these costly errors can help you stay profitable and grow your business.

In this guide, we’ll highlight the most common mistakes truckers make and how to prevent them.


1. Accepting Low-Paying Loads Without Negotiation

One of the biggest mistakes truckers make is taking loads without negotiating the rate. Brokers and shippers will always try to pay less, so if you don’t push for more, you’re leaving money on the table.

🚨 Why This is a Costly Mistake:

🚫 Running cheap loads barely covers fuel and expenses.
🚫 Leads to burnout—working harder for little pay.
🚫 Hurts the trucking industry—brokers expect truckers to accept low rates.

✅ How to Avoid This Mistake:

✔️ Check freight rates before accepting a load (DAT, Truckstop, or 123Loadboard)
✔️ Always counter-offer—never accept the first rate.
✔️ Know your cost per mile so you never haul for less than you should.

📌 Pro Tip: If a broker refuses to pay fair market rate, walk away. Another load will come.

🚛 Download a freight rate negotiation checklist [here]!


2. Not Tracking Expenses Properly

Many truckers don’t track expenses regularly, leading to missed tax deductions, overspending, and financial trouble.

🚨 Why This is a Costly Mistake:

🚫 You might overpay on taxes because you don’t claim all deductions.
🚫 You don’t realize where money is going, leading to overspending.
🚫 Lack of financial awareness can put your business at risk.

✅ How to Avoid This Mistake:

✔️ Use QuickBooks Self-Employed or TruckBytes to track expenses.
✔️ Keep digital copies of fuel receipts, maintenance records, and tolls.
✔️ Set up a weekly expense review to monitor spending.

📌 Pro Tip: Every dollar saved is a dollar earned. Stay on top of expenses weekly.

🚛 Download an expense tracking spreadsheet [here]!


3. Ignoring Preventative Maintenance

Skipping routine truck maintenance may save money short-term, but it leads to expensive breakdowns and unexpected downtime.

🚨 Why This is a Costly Mistake:

🚫 A roadside breakdown can cost $2,000+ for towing and repairs.
🚫 Unplanned downtime = lost income.
🚫 FMCSA requires maintenance records—not having them can lead to fines.

✅ How to Avoid This Mistake:

✔️ Follow a strict maintenance schedule (oil changes, brakes, tires, etc.).
✔️ Inspect your truck daily—catch small issues before they become big problems.
✔️ Keep a maintenance log to track repairs and service history.

📌 Pro Tip: Underinflated tires reduce fuel efficiency by up to 3%—check tire pressure regularly.

🚛 Download a truck maintenance log [here]!


4. Running Too Many Deadhead Miles

Driving empty miles (deadheading) kills profits and increases wear and tear on your truck.

🚨 Why This is a Costly Mistake:

🚫 You’re burning fuel with no income.
🚫 Deadhead miles increase tire and engine wear.
🚫 Leads to lost revenue opportunities.

✅ How to Avoid This Mistake:

✔️ Use load boards to book return loads before dropping off.
✔️ Plan routes strategically to minimize empty miles.
✔️ Build direct relationships with shippers for consistent backhauls.

📌 Pro Tip: Always check load boards for backhauls before completing a trip.

🚛 Download a load planning checklist [here]!


5. Not Understanding or Tracking Your Cost Per Mile

If you don’t know your cost per mile, you might be hauling loads at a loss.

🚨 Why This is a Costly Mistake:

🚫 You might accept low-paying loads without realizing they aren’t profitable.
🚫 Leads to hidden losses—you’re making money, but not enough to cover expenses.
🚫 Makes it hard to scale your business or invest in new equipment.

✅ How to Avoid This Mistake:

✔️ Calculate fixed costs (truck payment, insurance, permits).
✔️ Track variable costs (fuel, maintenance, tolls).
✔️ Use a cost-per-mile calculator to know your break-even rate.

📌 Pro Tip: Your cost per mile should include a profit margin—don’t just break even!

🚛 Download a cost-per-mile calculator [here]!


6. Failing to Maintain Proper Paperwork for DOT Compliance

Truckers must keep proper records to pass DOT inspections and avoid fines.

🚨 Why This is a Costly Mistake:

🚫 DOT fines for missing paperwork can be $1,000+ per violation.
🚫 Poor record-keeping can lead to higher insurance rates.
🚫 Can result in out-of-service orders, stopping your operations.

✅ How to Avoid This Mistake:

✔️ Keep a binder with all required documents in your truck.
✔️ Stay compliant with HOS logs, vehicle inspections, and maintenance records.
✔️ Use ELD apps like KeepTruckin (Motive) for tracking hours.

📌 Pro Tip: If you fail a DOT audit, it stays on your record for years—keep your paperwork updated.

🚛 Download a DOT compliance checklist [here]!


7. Relying on One Broker or Load Board for All Loads

Depending too much on one broker can leave you vulnerable if they stop offering good loads.

🚨 Why This is a Costly Mistake:

🚫 Lack of bargaining power—brokers know you have no other options.
🚫 You might get stuck with low-paying freight.
🚫 Can lead to sudden income loss if a broker stops working with you.

✅ How to Avoid This Mistake:

✔️ Use multiple load boards to compare rates.
✔️ Build direct relationships with shippers for better-paying loads.
✔️ Diversify your income streams (e.g., dedicated lanes, specialized freight).

📌 Pro Tip: A broker who sees you using other options is more likely to offer higher rates.

🚛 Download a broker tracking sheet [here]!


Final Thoughts: Run a Smarter, More Profitable Trucking Business

Avoiding these common trucking mistakes can help you save money, increase profits, and build a successful business. By tracking expenses, negotiating rates, planning routes, and staying compliant, you can run your trucking business like a pro.

📥 Get instant access to:
Cost-per-mile calculators
Freight negotiation checklists
Expense tracking spreadsheets

🚛 Click here to download trucking business optimization tools now!


What’s Your Biggest Trucking Mistake?

📌 Have you made any of these costly mistakes? Share your experience with us!

Back to blog