"$2500 per week without owning any equipment"

Discussion in 'Experienced Truckers' Advice' started by expedite_it, May 20, 2021.

  1. rcelmo

    rcelmo Medium Load Member

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    Basically two ways the company does the taxes.
    W-2 means the company takes out your taxes on every paycheck......end of the
    year you may get a little back.
    1099 means the company takes nothing out......end of the year you have to pay taxes
    for the whole year.

    1099 you get a larger paycheck......but you will pay the full rate for social security.
    Social security is approximately 15%.....under W-2 the company takes out half from your
    paycheck but they pay the other half.



    Also if the company is paying 1099 they don't usually offer benefits either. No Health Insurance,
    no vacation pay..........so you get a bigger paycheck but that is all you get.



    The standard line companies put out is that they pay enough extra under 1099
    so the driver can afford to pay for taxes, insurance, etc on his own. I have never
    found that to be true. I always lost in a huge way under the 1099 system. Well
    established companies pretty much all pay W-2.......when a company advertises
    1099 it is a huge red flag. It is true that some companies that pay 1099 are good
    companies...................but a lot more are fly-by-night here-today-gone-tomorrow
    companies.
     
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  3. Kenworth6969

    Kenworth6969 Road Train Member

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    I'm in the real world.
    What experienced drive working for $45,000?

    Here a couple examples.
    Crete advertises their top 50% of drivers earn $96,000 a year.
    Company Driver - Crete Carrier Corporation - Nationwide Trucking

    Here's one that offers $2000 a week guaranteed.
    CDL Drivers OTR.$500 Signup Bonus. $2000/week guaranteed!!! -...

    Or how about over .70 a mile doing line haul
    Dayton Freight now hiring at top scale

    Those just a few examples
     
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  4. buddyd157

    buddyd157 Road Train Member

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    i know i do. you will too when you retire
     
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  5. Western flyer

    Western flyer Road Train Member

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    You believe that crap.
    There's not a chance in hell 50 percent of
    Crete drivers are making 96,000 a year.

    You can't honestly believe that.
    The average pay for a driver is around 45,000 a year. That's facts.
    That means everybody from rookies to 30 year veterans.
    That means 90 percent of us make between
    40 and 60 grand a year.

    dont believe any trucker who tells you what
    They make. Tell them to show you 6 months
    Of pay stubs. Then watch them disappear.
     
  6. jcrack08

    jcrack08 Light Load Member

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    I'm sorry, your facts or general facts? You generally make sensible posts, but now you are being arrogant and ignorant. I would not crawl out of bed for 45K a year and hate to break it to you, but you are seriously uninformed if you think most make between 45 and 60 a year. Pay a visit to the LTL forum, they do post paystubs.a lot of them 6 figures. Foodservice too and WalMart. Heck, even OTR..a lot make between 75 -80k at my company.

    No, I don't need to show you 6 months of paystubs either, don't care if you believe it or not. Your mentality is indicative of a limited mindset, on display in these forums everyday. "No way they can be making that because the industry avg statistic that I wholeheartedlly believe says so". What about the O/O's making bank right now, grossing over $12k a week? "No way, that's pure b.s"!

    This is why everyone one here except a few give the standard lame advice to the newbies.." start at a slave wage, soul crushing mega, pay your dues (a year at minimum)..and then graduate to the good life. Maybe then you'll make 50k dragging a reefer at a less mediocre mega and your life is all set.
    I would never step foot in one of these horror show megas, even to pay my dues. Thank God for thinking outside the box.

    There are alternatives, I started in foodservice, making 75k my first year. Do not follow the herd, do your own research, lest you wake up one day and realize you've been trading your life for mediocre pay that you accepted blindly.
     
  7. Kenworth6969

    Kenworth6969 Road Train Member

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    Yes I do believe that, I worked there years ago. No problem making money there.

    Just did a quick search and found this

    $76,000 at crete in 2019 and that was before their pay raises.

    Many many experienced drivers earn that and more.

    Don't work for cheap
     
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  8. iraqralph43

    iraqralph43 Road Train Member

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    Pay for 2020 Screenshot_20210322-085112_ADPMobile~2.jpg
     
    Last edited: May 21, 2021
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  9. pavrom

    pavrom Road Train Member

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    I would say if you want to work - you can make more than 2500 per week as a driver ( yes 1099) , if you plan collecting rumors and whining around - you'd be glad to make $1500 . To each their own , some people want easier life and happy with 1500-1700-1800 etc , others are eager to make money and pushing their limits further and further .
     
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  10. iraqralph43

    iraqralph43 Road Train Member

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    I would never do 1099....you pay more in taxes . No benefits like insurance , paid vacations or profit sharing...but if you like 1099 ...I'm glad for you...we all have different needs and wants
     
    Last edited: May 21, 2021
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  11. tscottme

    tscottme Road Train Member

    I'll bet the $2500 per week is if you lease the truck, pay all of the expenses, and the freight markets stay at the currently bonkers volume/prices.
     
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