Best Owner Operator Companies

Time to get a Cat Nap

 

However, if you had done a quick search ( took me all of 10 seconds ), you would find way more information than you have gotten in this thread so far. I simply searched the string "Best company to lease on".

Not only did I find threads with lists of companies, but I also saw some to avoid. Plus I found a thread on which companies are better for flatbed. I also found info on insurance and some things I didn't even think of.

Then once you sift through those thread and have a list of your own. You can come back and start a thread like...

"I have searched some of the threads in this forum and have found that ABC and XYZ are good companies to lease onto. What are some of your opinions about each?"

Although, if you search for those particular companies, I'm pretty sure you will find threads for them full of good and bad.

Suggesting that you do a search is not a bad thing. It, in all honesty, will benefit you more than what you have received so far. IMO

 

I love being a owner operator.. But this business is in the midst of a huge evolution.The owner operator companies that are good will be about the same if you truck run 68 mph by law my truck run 68mph too but I have 12000 power units and a great lease purchase. I can move the freight at a cheaper cost and offset that with the owner operator. My truck pay 27% to my driver. O/O pays me 35% and pays me for those permits,insurance,escrows,and anything else. My lease purchase guy pay me 35% plus pays the truck note and a half. Drivers are the low skill worker and most get stuck doing this.This industry hate the people who put in the work. Every driver should at least make 50,000 starting after five yes 70,000+ but we look at minimum wage workers and can't say squat they stood up and had a strike.

 

I'm not sure if you're serious, but I'll ask some follow up questions.
Do you have tanker experience first off?
Where do you live and what area do you want to run?
Do you have a truck or are you looking to get one from a company?
There's a lot of good tanker outfits, but really need more info. (Schneider is no where on that list)

I don't know van real well, but I understand schneider, landstar for being able to pick your freight.

 

Go to a truck stop...ask the drivers from each of the outfits what they have to say...in person, gauge their responses. I wouldn't bother with drivers who haven't showered in a month because I doubt their jobs are their top priority.
Eventually you will see patterns emerge.
Pick three to five companies that seem to fit your needs and wants.

After all your research you should find what you are looking for.

 

Planning for the future is wise in the trucking industry .
If you really want to know about companies , get a phone book, get a list of companies in your area that do the type of work you might be interested in and make an appointment with recruiters . You don't have to apply for each of them , but go talk to them and get the information you seek from them . This way you can take away the knowledge of each company and do comparisons .
Some companies will allow you to start as a company driver with the knowledge that you , at some point , would like to put a truck on with them .
Some may not be willing to share , so these are the ones you stay away from. Its not hard to find out the information , you just have to go to the right sources. The forums are helpful some times , but its primarily truckers , away from home , on the road bored and twisting every once of haha they can , when ever they can , cause like its fun .
good luck ..

 

There can be benefits depending on who you lease to. A company might offer paid plates and fuel taxes. Many companies pay for Qualcom communications and ELD's. Some offer other benefits such as safety bonus's or paid bobtail insurance. I lease to Landstar and get non of these Benefits but make good money hauling the freight I haul so there is no complaints here.

 

Landstar here too. I like it so far.

 

I did a google search one time on average LS O/O revenues an net that was available from some financial information investigative services. those were averages, so some are better off and some worse. See nothing with LS that would appeal to me. I am leased on with a carrier. My gross last for the last 3 years has hovered around $200K, and my net last year was over $80K. And I stop by the house a couple of times a week, take weekends/holidays off, and take 3-4 weeks off a year. I finally set up an LLC with a S Corp tax structure to reduce the amount of taxes I pay. On target to save me over $8000 this year. I get substantial fuel discounts, like 71 cents off the cash pump price when I fueled yesterday at Love's in Gary, IN. And I don't have to file or pay IFTA stuff. The carrier does all of that for me. And they provide the plates and registration, no fees for permits or using their trailers, and pay for all toll road charges. Only fee they mandate is the $10 a week for the Qualcomm, and there wasn't a install fee or deposit. I do get my various insurance needs thru the carrier, since they have some very good rates, but I have my own BCBS medical insurance. And if I sit at a customer for more than 2 hrs, then I get $38 an hour. Made $1500 in one month from just that last November out of 3 delay occurrences from 2 customers. I am usually booked 1 to 2 loads in advance while still hauling the current load. Almost always go home on the weekend with a load.