When you drive for an owner in expediting, you will be expected to sign a contract (terms will vary) and you're considered an independent contractor. You will be paid with a 1099-you pay your own taxes,and there is no health insurance unless you find your own policy and pay it yourself. The reason owners do this is so they don't have to list you as an employee and therefore don't have to pay social security tax on you, or workers comp. You will pay your own worker's comp. insurance(required by law) and it is deducted from your settlement, usually about $50 per week per driver. Also, if the owner deducts the insurance from your check first and you receive the remainder, that insurance is NOT a tax deduction at the end of the year for you, but it is for the owner. If you receive the full check and pay your own insurance then you can deduct the full amount. So, the contract says you're and independent contractor, but technically your a company driver plus the owner gets the deduction for insurance taken from your earnings!!Go figure!!!
Straight Trucks or Vans Drivers
Discussion in 'Expediter and Hot Shot Trucking Forum' started by Greg Sevcik, Apr 30, 2009.
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Somone needs to bring the IRS down on these type of futher muckers. I will guaranfunkin-T you somone there doesn't pay their taxes for a couple years the IRS sees that they only draw 1 check?
And the company cracks the whip on work times, forced dispatch, and the rates? You are a funkin employee!
It happens in the carpet installation business. It doesn't matter what they make you sign! They shut down mom and pop carpet stores that way. Why would a truck be different?
Just stupid people willing to take it in their fourth point of contact. -
You want the short, sweet answer? Buy a used van ( not too old and not to junky, but not brand new). Lease it on with a mid size expedite carrier. You do not need to log, you do not need to scale. If, for instance you sign with Tri-State, you will be assured of a minimum of .75 per mile + FSC. I average .81 per mile linehaul and .22 mile/FSC. Once you learn the freight zones you can get 1500 to 2500 miles per week if you are dilligent. There is waiting involved. You have to do it for a while to get a feel for when to deadhead and when to wait. There is money to make in a van. Just my opinion. If you are partial to a straight truck, you will need to be part of a team to make more than the van...
Kimono_skunk Thanks this. -
I understand even cargo vans scale in Michigan. You know anything for an extra $$$
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I have heard that before but I have driven a van for 6 years, often through Michigan, and I have never scaled. They never came after me either...
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under 10k no scale in Michigan or anywhere else that i know of.
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Hey Rocket you just can't get away from me!
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That's LRE to you buddy....
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LRE= Mopar terminology for Little Red Express
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No Mopar here...Ford all the way.
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