The very best owner operator carrier, 90% pay!

Johny · Jun 20, 2020

Wojciech said: ↑

Ive reached the Point in being a leased to a trucking comoany that I don't want to be trucking anymore. I'm on 14% lease to a comoany with my own truck lease purchase from a dealership. Yes its true trucking companies will try using you its true. Example: i told the dispatcher get one of the $2 per mile loads which is company's contract with a shipper, to Jacksonville next. Then I'm told that shipper is closed for a month due to renovations,, this $1.30 load is all we have left. 3 days later I'm picking up a load from the shipper that's soposibly closed for a month. They don't care about what you make they care about their contract garbage being covered. Being leSed to is a terrible business: $15000-$20000 monthly gross after 14 % deducted. $1500-$1700 weekly fuel cost. $600 weekly ( insurace, cargo insurance, $150trl rental, occ insurance, etc). So on average you get 8000-$10000 per month from which you have to pay $1800 truck lease + maintenance and Repairs which averages to $1000 per month. So what are you left with as take home? $4k-$5k per month???? If I was to hire a $. 55 per mile employee to drive my truck, within a month I would go bancrupt, United States trucking economy is garbage, Many american truckers can't afford to keep their trucks fixed up, you see trucks driving around with broken bumpers, and ao on and on. My average income as an employee for an o/o was $6000 per month in 2018. It's just not worth being a trucker in anymore, in some European countries truckers make on average 7k euro monthly=$8k and they drive 20hrs less per week driving around 400kilometers per day = 300miles. Economy in US became crap compared to some other countries. Wanna resign my USA citizenship and tell them off on the resignation form, to keep their garbage laws that don't allow this and that comparing to other countries, keep their crappy economy, and their mutant people with 4 feet wide assesss. And their overpriced 2x4+plywood houses that fall apart when the wind blows. A trucker in usa can't even buy some sexy #### to bang at the end of thw day, they make it illegal. Vs half of the planet where it's legal. where trucking makes sense, hey you can atleast get a blow job after lunch.

I should place a decal on the back of the truck ( imaginary electric APU in Trumps economy, can't afford one, then one that says: wait till you'll see my imaginary house I bought having my own business in this countrys economy. And One that says: if you see bold tires or squeaky breaks its not me being lazy it's the wealthiest country's in the world garbage economy, can't afford it yet.
Click to expand...

7000 euros per month a trucker can make in an EU country?
I actualy know EU market quite well, and this is simply not possible.
And That's for 50 hours per week?
No chance.
EU truckers earn poor money, and there are very few of them that are OOs.
Large companies own the labur market, and there are very, very few small, independent OOs.

Dave_in_AZ · Jun 20, 2020

Opus said: ↑

ok, look, I'm kind of a dummy and I don't pay real close attention to much.
Mostly what't important to me is that I have a wife who loves me and a nice little house.
But the thumbnail is this......
I've had a very happy 2019. I've pretty much gone where I wanted to go, and stopped when I didn't want to go any more.
Paid all my bills.....only have $600 left on 1 credit card and that was for tires, and saved $36,000. And that's kinda how I've been running it for the last 5 years or so. Save up around $36.000- $40,000, at tax time put $10,000 in a SEP, pay around $15,000 in taxes and then buy about $10,000 worth of Coke and hookers and start all over, (or replacement windows and trim......there's always something).
Everybody has their own way. In my opinion, it's one of those "whatever works for you" kind of things.
I'm very happy. My wife is very happy and we have a nice life together. So, as far as I'm concerned, I'm winning.
Click to expand...

No Opus. The esteemed members are going to make certain you are not happy, and you are not winning.

You will be pulled down onto the rug, and interrogated, until you place your full confession in writing.

clausland · Jun 20, 2020

Johny said: ↑

7000 euros per month a trucker can make in an EU country?
I actualy know EU market quite well, and this is simply not possible.
And That's for 50 hours per week?
No chance.
EU truckers earn poor money, and there are very few of them that are OOs.
Large companies own the labur market, and there are very, very few small, independent OOs.
Click to expand...

With the way things are rapidly evolving, It'll likely be the same here shortly....

Dave_in_AZ · Jun 21, 2020

@Opus are you ready to confess?

Opus · Jun 21, 2020

Dave_in_AZ said: ↑

@Opus are you ready to confess?
Click to expand...

Still happy.....but I might be dumb

Dave_in_AZ · Jun 21, 2020

Opus said: ↑

Still happy.....but I might be dumb
Click to expand...

RACK HIM.

Dennixx · Jun 21, 2020

RichyD606 · Jul 11, 2020

freightwipper said: ↑

I reached the point in my career that I'd never again want my trucks somewhere that relied on a carrier for freight.
There are various reasons for this, biggest of all being rates.
My experience and observation has been no carrier will give you access to big money, they will attempt to keep as much as they can for themselves in whatever way possible. One such example being brokering loads to themselves thus keeping (stealing) however much they want for themselves before offering it to their O/Os.
These scams are real and does happen out there, I've personally been on the other end of it.

So that left me with two options, get my own authority or lease onto carrier that let's me run my own show.

There's positives and negatives for each.
There's many threads of how to get your own authority and what comes with it so I won't really get into that here.
Will say one of the big challenges was insurance for both rates and wanting to grow a fleet, was not liking what I was hearing there.

Okay so leasing onto a carrier that let's you run your own show, what's the biggest challenge with that?
Well most all of them want to keep 20%+ of your gross which sucks.
However after some time I found exactly what I wanted a carrier with 90% pay with freedom along with offering lots of value and support.
Been here a few months now and my experience has been wonderful, I could not ask for any better.

So how it works is basically this...
YOU are running your own show under their numbers.
You are free to get your own loads, customers etc.
Whatever bills you turn in Tuesday you get paid that Friday, no factoring fees or anything like that.
When you pick up a load you immediately can access a 40% advance for no fee.
You are given a fuel card that money is loaded onto and that has fuel discounts.
They handle all the back office stuff keeping you good to go.
Making sure you're good on all your permits, doing your IFTA, drug program, logs etc etc.
Insurance is less expensive than what I could get with my own authority, plus they are cool with me growing a fleet under them no problem.
Carrier log in for a bunch of brokerages is given to you but I personally really just use DAT.
They do care a lot about safety and their rating, one such example being they offer bonuses if you get pulled in for DOT inspection and pass.
They already pay 90% so them offering more money for passing inspections is cool.

What I feel the greatest bonus with my truck under them is this...
If I got my authority I'd have a new MC and appear as a noobie.
By being under them they (brokers/customers) see a carrier in business 8 years, 100+ trucks (mostly all O/Os), good safety rating but that's not all..
Most all the brokers I've worked with we're already set up and the "carrier" has done business with before and built a good service record with.
I feel there is huge value in that and plays a factor in commanding the rates that I do.

Overall there truly is a lot of value in their 10% and another aspect is my time.
I currently have two trucks and am aiming for a third by Summer.
Managing drivers and working to get the best rates possible takes a lot of my time and time is money. There is only so much I can do as one person but by being leased onto this carrier I have staff and support on my side.
Couple examples..
If a broker is giving me a hard time over detention pay, I've told them and they have offered to help on fighting to get me money (which they have succeeded).
Another example is a TONU (truck order not used). Long story short one time a broker screwed me on a load and then was giving me a hard time on paying. I told my carrier what was going on and that I was slammed. They went to work for me and got me my money. Those are examples of them going the extra mile helping me out and saving me time.
For me personally I feel I just can't beat the value that is here and 90% pay, plus being treat as a person part of a team and not a number.

There's really no need to be giving up 20%+ to be leased to a carrier if you don't go the own authority route.
For me 90% works and is worth it where I'm at, Mag carriers out of Georgia.
There are a few other good paying similar programs out there I considered, this ain't the only one but it has worked for me.
Most of all wherever you consider try to be sure you get paid what you're worth and deserve. Too many out here take advantage of trucks drivers, we deserve better.

I will share on this thread some of my experiences working the open market which I am here. Feel free to ask any questions.
Click to expand...

I'd love to have more information about how you make this work, even the company you leased on with. I have my first truck and it is indeed a struggle. Thanks for sharing your information.

ChaeLife · Jul 24, 2020

NightWind said: ↑

I've never paid over 10% when I was leased. Sounds like you found a home like me. Good luck and Happy Trails.
Click to expand...

Hi can you tell me what company you were leased under?

ChaeLife · Jul 24, 2020

Hi are you still leasing I on with this company

freightwipper said: ↑

I reached the point in my career that I'd never again want my trucks somewhere that relied on a carrier for freight.
There are various reasons for this, biggest of all being rates.
My experience and observation has been no carrier will give you access to big money, they will attempt to keep as much as they can for themselves in whatever way possible. One such example being brokering loads to themselves thus keeping (stealing) however much they want for themselves before offering it to their O/Os.
These scams are real and does happen out there, I've personally been on the other end of it.

So that left me with two options, get my own authority or lease onto carrier that let's me run my own show.

There's positives and negatives for each.
There's many threads of how to get your own authority and what comes with it so I won't really get into that here.
Will say one of the big challenges was insurance for both rates and wanting to grow a fleet, was not liking what I was hearing there.

Okay so leasing onto a carrier that let's you run your own show, what's the biggest challenge with that?
Well most all of them want to keep 20%+ of your gross which sucks.
However after some time I found exactly what I wanted a carrier with 90% pay with freedom along with offering lots of value and support.
Been here a few months now and my experience has been wonderful, I could not ask for any better.

So how it works is basically this...
YOU are running your own show under their numbers.
You are free to get your own loads, customers etc.
Whatever bills you turn in Tuesday you get paid that Friday, no factoring fees or anything like that.
When you pick up a load you immediately can access a 40% advance for no fee.
You are given a fuel card that money is loaded onto and that has fuel discounts.
They handle all the back office stuff keeping you good to go.
Making sure you're good on all your permits, doing your IFTA, drug program, logs etc etc.
Insurance is less expensive than what I could get with my own authority, plus they are cool with me growing a fleet under them no problem.
Carrier log in for a bunch of brokerages is given to you but I personally really just use DAT.
They do care a lot about safety and their rating, one such example being they offer bonuses if you get pulled in for DOT inspection and pass.
They already pay 90% so them offering more money for passing inspections is cool.

What I feel the greatest bonus with my truck under them is this...
If I got my authority I'd have a new MC and appear as a noobie.
By being under them they (brokers/customers) see a carrier in business 8 years, 100+ trucks (mostly all O/Os), good safety rating but that's not all..
Most all the brokers I've worked with we're already set up and the "carrier" has done business with before and built a good service record with.
I feel there is huge value in that and plays a factor in commanding the rates that I do.

Overall there truly is a lot of value in their 10% and another aspect is my time.
I currently have two trucks and am aiming for a third by Summer.
Managing drivers and working to get the best rates possible takes a lot of my time and time is money. There is only so much I can do as one person but by being leased onto this carrier I have staff and support on my side.
Couple examples..
If a broker is giving me a hard time over detention pay, I've told them and they have offered to help on fighting to get me money (which they have succeeded).
Another example is a TONU (truck order not used). Long story short one time a broker screwed me on a load and then was giving me a hard time on paying. I told my carrier what was going on and that I was slammed. They went to work for me and got me my money. Those are examples of them going the extra mile helping me out and saving me time.
For me personally I feel I just can't beat the value that is here and 90% pay, plus being treat as a person part of a team and not a number.

There's really no need to be giving up 20%+ to be leased to a carrier if you don't go the own authority route.
For me 90% works and is worth it where I'm at, Mag carriers out of Georgia.
There are a few other good paying similar programs out there I considered, this ain't the only one but it has worked for me.
Most of all wherever you consider try to be sure you get paid what you're worth and deserve. Too many out here take advantage of trucks drivers, we deserve better.

I will share on this thread some of my experiences working the open market which I am here. Feel free to ask any questions.
Click to expand...

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