so how much can you make as a an O/O?

Its a bit more involved than that . . . Keep reading.

 

what can you make as a o/o? it all depends on you how you run your business what kind of freight you want to haul, are you willing to get greasy and do your own repairs. what kind of rates you can get for what you want to haul its entirely up to you, you could lose money to be out in the truck for 2 months straight or you could rake it in. its all on you

 

If you haul a 53 footer full of cocaine from mexico to dallas,you can make alot of money ....just saying..there are way to many veriables to count..

 

You can make about the same as a company driver. Unless you do something specialized.Pulling a 53 van is not like they 2 rates everybody is competing for the same freight. If you want to pick were you go more and home time you can as o/o

 

The other side of that varible is if you do that 53 ft trailer full of cocaine a year

 

Most owner operators will gross between $125,000-$175,000/year. I know some who will top $350,000. It is unlikely you will average 3,000 miles per week for 49 weeks. It is possible to average 2,500/week. There are some weeks when you may only run 1,700-2,200. You could run over 3,000 some weeks, but when you are doing projections it is much better to look at what would be realistic for the entire year. Making money in trucking as an owner operator is not about the miles, but the rate.

 

• Insurance (all different types for more than just your truck – $1,200 – $13,000 a year)
• Fuel (Typical to be around 38% – 53% of your gross pay)
• Fuel Taxes
• Broker Fees
• Permits / Endorsements / Licenses – Door Signs, Decals, Lettering, Road Taxes, FHUT/2290, IRP, Parking Scales, Tolls & Pre-Pass
• Bookkeeping / Accounts Costs
• Maintenance
• Tires
• Buffer Savings for downtime
• OTR Food / Drinks
• Laundry Expenses
• Shower Expenses from Truck Stops
• Clothing, Work Boots & Safety Shoes
• Insurance Costs – Bobtail, Liability, Cargo Insurance & Claims, Workers Comp, Physical Damage, Dental / Health / Vision
• Hauling Equipment – Chains, Tarps, Pallets, Bungee Cords
• Trailer & Tractor Washes & Expenses
• Inside your tractor accommodation expenses – Alarm Clock, Appliances, Atlas & Maps, Bedding, Electric Blanket, Camera, Coffee Pot, Coolers & Ice, Crock Pot, Flashlight & Batteries, Flyswatter, Hangers, Ice Scraper, Microwave, Paper Towels, Refrigerator, Seat Covers & Cushions, Rugs & Floor Mats, Tools, Trash Bags, TV
• CB Radio & Antennas
• Satellite Radio like Sirius or XM
• Cell Phone & Chargers
• Internet Card or Hotspot
• Tablet or Laptop

You have to account for all of these things... (list from truck-driver-salary.org)

 

If the only reason you want to be an O/O is for the money you better stay a company driver. I have never been a company driver.
I have been self-employed all my life with the exception of a few short stints of being an employee that all added up to less than 2 years.
So...I like working for myself. I like the freedom to take off if I want to. I like the freedom to tell that shipper to just let someone else haul that load when I've been there 4 hours and no sign of getting loaded. Or the time I went to pick up the load of hides. Stunk like dead animals to high heaven. I told the shipper and broker that's not going in my new trailer at any price.

Anyway, some people don't want all the added responsibility and some wouldn't have it any other way. Personally I like it.

But I don't do it only for the money.

 

Im personally doing better then these numbers, but ill put some ball parks out there for ya...This is if leased onto a company.

In flatbed:

Gross 2.00/mile 100,000 miles per year. Gross is 200,000 (50 weeks averaging 2000 miles, you could drive more, but flatbed generally drive less miles)

Fuel .70/mile
Permits .02/mile
insurance .05/mile
Maintenance .15/mile (or more)
Truck payment .25/mile

That leaves us .88/mile or 88,000/year

Now, if you can get your mpg up, you could be as little at .50 for fuel. Maint can be as low as .08. Ger a used truck or something with lower payments and your payment could be .10 per mile. You could with the right planning easily make over 100k. Mow my truck is payed off, so i would make way over 100K if i wasn't buying more trucks.