Owner Op vs. Company Driver Pay
#11
SteveBooth wrote:
Cyanide, I clicked on your link in your last post. Just a note. If you see me in a truck stop make sure it's the middle of the day if you knock on my door. I may have a stroke if it's the middle of the night. Just an FYI.
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#13
I make more money with my own truck leased to a carrier pulling same dry van trailers I pulled as company driver ... but there's always something in my 2004 truck I have to upgrade/repair/fix ... so I end up making same or less than what I made as company driver. Basically, the only difference is:
1. my truck has my name on the side 2. my credit file keeps improving and my credit score should hit 800 pretty soon - getting a mortgage for my dream home will be a piece of cake 3. it's easier to find another job if I've had enough of the present employer 4. when I'm having a really bad day, I can always daydream of hiring a driver to drive my truck and become my own freight broker
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#14
Rookie
Join Date: Sep 2006
Location: orlando
Posts: 12
Originally Posted by Cyanide
Bottom line after all is said and done...
I drive for Superior Carriers. The first 9.25 months of this year I was a company driver running in our OTR system. Then in October, I purchased an older fleet truck from the company and began running dedicated loads for one of our major customers. This is how I did for calendar year 2007... Company Driver, Jan. 1st to Oct. 7th Gross: $39,608.90 Miles: 67,989 (Paid miles... Sorry can't locate what actual odometer miles were) Avg.: .582/mile Hours: 887.00 (All non-driving and local hourly pay) Days Working: 194 Days Off: 86 VERSUS Independent Contractor, Oct. 8th to Dec. 31st Gross: $31,803.78 Total fixed and variable expenses: $20,462.93 Taxable Net: $11,340.85 Hub Miles: 27,678 (ALL ODOMETER miles off-duty and on-duty.) Avg.: $.409/mile Days Working: 52 Days Off: 33 Works for me! :wink: Joel
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Joel Beach truck #3286 Proudly back at home in ct and working for Superior Carriers once again. proud tanker yanker |
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