Mileage or Percentage…?

Are you going company, lease, or did you buy a truck?

 

From my limited understanding, percentage pay pays on how much the load costs. for easy numbers say a load pays 1000 to move from a to b and is 600 miles, if you get say, 50% load pay that's 500$ if your paid mileage at say .40$ you would make 240$ for that same load.

Please note that I got all these numbers off the top of my head and I have no experiance with percentage pay just mileage pay. I'm sure more experienced people will chime in.

 

It depends on the freight you haul and the lanes you run. Average I see on % for company is 25-27%, which means if you are in a high paying freight lane you'll likely make more than mileage pay.
But if you deadhead a lot, you're not going to make much on %.
In all truth, annually it will probably even out to close to the same gross as a company driver. I prefer mileage pay, but dry van has lower rates than flatbed.

 

TMC has some threads on here; ask their drivers.

 

I ran a little over a year and a half on 25% of revenue to the truck. This is flatbed, serving the oil industry, so the rates are better than general freight.

I would much rather be paid on a percentage if the tariffs on the freight is high. On some loads I made well over $500 a day, on other days I get nothing and wait on the load board to be first up and get some little in town run and make $100. It's the luck if the draw.

 

Is it forced dispatch? If it is, go on mileage. If you get to choose, go on percentage and stay in the freight lane and you will make more and run less.

 

Many of their drivers have posted that percentage is better at TMC.