I've been watching oakley podcast lately. There seems to be a big variation in O/O pay. The comment is the big earners know how to work. What does that mean? Stay out longer? Willing to go anywhere? Drive faster? Manage their clock better?
I don't drive so pardon my ignorance.
Work ethic and pay
Discussion in 'Ask An Owner Operator' started by Ed james, Dec 19, 2023.
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
It is all about how to manage the business, and how to select loads that are not just profitable on the front end but allow flexibility to get the next load and pick it up cost-effectively.
There is a lot to it, most who are making it are doing a lot out of habit, knowing just looking at a load what it entails and what is profitable for them.Big Road Skateboard and Bean Jr. Thank this. -
Since Bruce Oakley is just mileage pay for owner/operators I’d assume that the big earners live in a place that’s easy for them to get by their house for a night or two so they don’t need big chunks of hometime. Or it could mean that the big earners simply choose to not take much hometime. Really the only way to be a big earner on a mileage contract is to run more miles.
kylefitzy and Big Road Skateboard Thank this. -
#1. Work smart
#2. Won’t matter if you don’t use number one first, but number two is work hard. -
Depends on the OO and their situation. For some it means staying out longer. For others its knowing how to avoid those 4 hour traffic backups or get around them. For still others its knowing what loads will keep the truck rolling along even if the loads arent the most profitable.
When he says the successful O/Os know how to work he means we know what it takes to make a profit and do that whatever it may be.NightWind Thanks this. -
Don’t forget the cost side….. operating the right truck, the right way, access to reasonable mechanics and parts and supplies.
blairandgretchen Thanks this. -
No ignorance - you can't know what you don't know.
This goes back to the root - it's what you keep, not what you earn.
The information would be far more helpful if they posted complete tax returns, which nobody ever does. Trucking has always been 'different strokes for different folks'
Therefore, "top earners" and their habits mean very little to me. If I earn $100k in 1099 revenue, but only keep 10% of that figure - then it's a waste of time.
In the last 10 years, I keep an average of 60% of what I 'earn'. So 100k would be a minimum figure - for me. I shoot for $150-$200k per year.
These figures vary wildly for all folks in the industry.Rideandrepair, Vampire and exhausted379 Thank this. -
There goal was 70 percent. My understanding is they are dispatched without a lot of imput.Rideandrepair and blairandgretchen Thank this.
-
More than likely they are working harder instead of smarter like a majority of the industry enjoys for some reason.
I want to see what the guys with the top 5 most days at home made
the only one who makes money on mile pay is the companyRideandrepair and blairandgretchen Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.