Am I being underpaid?

Your truck? Your trailer? All company equipment? If you're 1099, and using any of your own equipment, way underpaid. If using theirs....eh, probably about right since you have to pay your own insurance and stuff.

 

Your truck or theirs? Not that it matters much, at .48cpm 1099 if they own the truck and trailer and all associated costs, you are still on the low end of pay, and I would not trust the company as they are playing around to avoid paying taxes on you.
If it is your equipment run now.

 

Pay isn't great, isn't too bad though. On 1099 you're paying an additional 7.65% on taxes, so now youre at 44.3cpm, the amount a company pays on a health insurance plan for a single person is normally about 70/week, so now you're down to 42cpm, say your 401k match is 50% up to 6%, that would be an additional 3% lost that a company would normally pay, so you're down to 40.7cpm. Now let's look at vacation- average company driver has 2 weeks of vacation, so take an additional 3.8% out of your pay compared to what a company driver makes. You end up at 39.1cpm
Essentially your are paid about what a company driver makes starting out, once you calculate in all the benefits they receive.

 

And on a 2nd note, most company drivers are in trucks that are 5-8 years newer than yours.

 

But if you like the company stay with them, just saying the pay isn't as stellar as it seems.

 

How much are you ecspecting to make?you being a foreigner has nothing to do with what you are making.Anybody starting out with this company would be making the same.You was aware of what you would be making before starting this company wasn't you?I think you're getting paid well.Except for no benefits.If you feel you should be paid more then find another job only this time find a company with benefits.

 

The problem is, you have no benefits and it's your responsibility to pay your own social security taxes and create a retirement plan, plus a health insurance plan.
You'd be better off in the long term working for a company that pays on W-2 and has a full benefits package.
You can do ok where you are if you're a wise, astute invester with your money. Sometimes this doesn't sink in until you look in the mirror some day and see all those wrinkles and gray hair and not much to show for it.