Please help me. Is this a good deal? 60/40 split

Sounds to me like you are. I would think you would get the 60 % but there will be guys along here that know better than I do so hang tight someone will be along shortly to better answer your question.

 

I’m confused


Please explain the compensation again

And who pays for the fuel ?
Once you say you do and once you say the owner pays for the fuel .


So your compensation is 40% of the gross to the truck , and the fuel comes out of that 40% ?



I know a driver that gets 20% of the gross .without any fuel calculations

he averages 88 cents a mile .

 

If I read that right he gets 40% after the fuel is paid.

 

I’m confused also. Who owns the truck? Also how many miles for that $6k? If it’s $2000 in fuel I’ll assume about 2000 miles?? If he owns the truck, is paying fuel, insurance and responsible for repairs that makes you a company driver making $.70-.80/mile. How is that getting screwed?

 

So if the load grosses $3 a mile , and fuel is , what ? 75 Cents a mile ? then you get 40% of $2.25 ?
Which would be 90 cents a mile .

which sounds ok except im guessing you’re 1099 with no benefits ?

 

Clarify for us, your 40% is yours and you have no actual payment for equipment, insurance etc?

IF thats the scenario, thats not bad

 

40 or 60 your a employee who is buying a job!

 

It boils down to about 25% of gross. That’s a very common pay for a Company Driver. The goofy after fuel scheme is common when fuel is high. $1600 a weeks not bad. What’s the goal? Run like an O/O without the risk? Learn the Business and eventually buy a Truck? Regardless if you can better yourself, don’t waste time arguing with the Boss. Move on. Good Luck. When rates improve and especially if fuel drops, could be very lucrative. Meanwhile it’s not bad at all. All sorts of details missing, days out, miles ran, type of work, aggravation involved. Happiness with the job is most important.