What do you think an o/o or independent should PROFIT?
#112
09-21-2008, 01:30 PM
Whether you pay yourself a salary or not, you need to have sufficient funds coming in to pay a driver plus a fair profit. You don't have to separate the numbers, but it is much cleaner when you pay yourself a salary or wage. If the only thing you get out of owning a truck is wages comparable to company wages, then you would be better off driving a truck for a carrier. Some people buy a truck just to own it. You would do much better by treating it as a business.
#113
09-21-2008, 02:22 PM
Originally Posted by rank
Geomon gets it. So does Mike. This is what separates the trucker from the trucking company.
:? :wink:
#114
09-21-2008, 10:11 PM
Originally Posted by GMAN
If the only thing you get out of owning a truck is wages comparable to company wages, then you would be better off driving a truck for a carrier.
#115
09-21-2008, 10:14 PM
Originally Posted by charged
Originally Posted by GMAN
If the only thing you get out of owning a truck is wages comparable to company wages, then you would be better off driving a truck for a carrier.
More proof that you are clueless..... :lol: :lol: :lol:
#116
09-21-2008, 10:22 PM
I hate calling anyone "clueless", but that last post you made was pretty damn close to it, charged.
#117
09-21-2008, 10:53 PM
Originally Posted by charged
Originally Posted by GMAN
If the only thing you get out of owning a truck is wages comparable to company wages, then you would be better off driving a truck for a carrier.
It doesn't matter whether you lease to a carrier or run your own authority. If all you get from owning your own truck is drivers wages, you are better off driving a company truck. There are a lot of people running their own authority who are barely getting driver wages. There are some owner operators who lease to carriers who are doing very well for themselves. I have a friend who averages from $4,000-6,000+/week leasing to a carrier and he is home most weekends. I spoke with him a couple of days ago and he received $3/mile on at least one load going into Canada this week. That was after his carrier got their cut. After a bumpy start, he is doing very well. Most of his loads are over $2/mile for ALL miles. There are some who are leased to carriers who are getting less than $1/mile plus fsc.
#118
09-21-2008, 11:10 PM
Originally Posted by GMAN
Originally Posted by charged
Originally Posted by GMAN
If the only thing you get out of owning a truck is wages comparable to company wages, then you would be better off driving a truck for a carrier.
It doesn't matter whether you lease to a carrier or run your own authority. If all you get from owning your own truck is drivers wages, you are better off driving a company truck. There are a lot of people running their own authority who are barely getting driver wages. There are some owner operators who lease to carriers who are doing very well for themselves. I have a friend who averages from $4,000-6,000+/week leasing to a carrier and he is home most weekends. I spoke with him a couple of days ago and he received $3/mile on at least one load going into Canada this week. That was after his carrier got their cut. After a bumpy start, he is doing very well. Most of his loads are over $2/mile for ALL miles. There are some who are leased to carriers who are getting less than $1/mile plus fsc.
#119
09-21-2008, 11:17 PM
Originally Posted by charged
Is your friend a newbie driver? New drivers with no experience do not make $4-6k/mo unless they run under their own authority.
Where exactly are you getting this erroneous information from?
#120
09-21-2008, 11:38 PM
Originally Posted by Rev.Vassago
Originally Posted by charged
Is your friend a newbie driver? New drivers with no experience do not make $4-6k/mo unless they run under their own authority.
Where exactly are you getting this erroneous information from? |
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