It's definitely one metric. Especially when you consider how much the average lawyer charges per hour![]()
Truck Load Rates Halt 8 Week Slide 2.0
Discussion in 'Freight Broker Forum' started by Scooter Jones, Mar 7, 2020.
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For instance, someone says, I'll put you in one of my trucks as a 1099 sub, I'll keep you rolling and you'll gross 100k dollars a year, give or take depending on everything going just right. Of course, we all know it never does.
That on it's face, sounds pretty decent, except when you take into consideration you're expected to run out your 70 hours every week and take your 34 hour reset on the road, interspersed with a few 34 hour breaks at the house. Including maybe 2 weeks of vacation throughout the year.
Since the 100k is cut down to 90k by virtue of the additional tax liability alone as a Schedule C filer, is the 90k a year (optimum potential) that great when you consider having to work a minimum of 3,500 hours a year to "earn" that?
That looks like $25.71 an hour (more or less) for working that much every week, being away from home for weeks on end, etc. Not to mention the assumed liability by virtue of being categorized as an independent contractor, with no benefits.
But like they say, to each their own...PPLC, D.Tibbitt, Dale thompson and 1 other person Thank this. -
Anyways, they had an events announcement sign sandwiched in between the top & bottom: Holy Spirit at the top and Catholic Church on the bottom. On the announcement board it read: BINGO TONIGHT!
The way my brain processed it was: HOLY SPIRIT BINGO TONIGHT! LOLPPLC, D.Tibbitt, Dale thompson and 2 others Thank this. -
Perhaps, for an OTR owner operator, something like gross per day to the truck would be a better metric, which in fact is the same as hourly metric too. It is all in theory, what you gonna get paid is market depending but it would give you at least a sense of accomplishment, if say, your minimum daily rate is say $1000 and you worked 200 days away from home and would end up grossing $220 000.D.Tibbitt, Dale thompson and Truckermania Thank this. -
My 30 year old son-in-law grosses about 85k a year as a railroad engineer. He has unbelievable benefits, including retirement, health insurance, paid vacation, etc, and is home every night!
That includes FREE babysitting by grandma & grandpa while he and my daughter are out chasing elk like they are this weekendD.Tibbitt, Dale thompson, Midwest Trucker and 1 other person Thank this. -
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I mean, like merchant sailors. The have wives, kids and ...homes but when they spend more than a month at home...they start longing for sea and sailing out. I'd say here's similar.D.Tibbitt, blacklabel, Dale thompson and 4 others Thank this.
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