Rees Enterprizes, Inc. is currently looking for Owner Operators (solo & teams) for their dedicated routes on the West Coast and Canada. Base Pay is $.95 per mile (Canadian Legal drivers) and $.92 per mile (non Canadian Legal drivers). On top of base pay, Owner receives Fuel Rebate on ALL MILES! As of 12/12/11, O/O's are making $1.35-1.32 on EVERY mile! We pay for: SIGN ON BONUSES; Baseplates/permits; OR PUC; $30/stop; Detention; loading/unloading; And much more!
Call recruiting today: 1-800-596-3876
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Looking for Owner Operators (solo & team) - CA/OR/WA
Discussion in 'Trucking Jobs' started by ReesEnterprizesInc, Dec 12, 2011.
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whooohooo .92 where do we signHanadarko and Southpaw7391 Thank this. -
$1.32 per mile! That would net me (according to my calculations) $580.53 per month!
Let'see... 14 hours a day, 6 days a week... Almost $2 an hour!
If the cost of diesel went up .20, I'd be paying to drive.
Is the economy so bad that anybody would be willing to go that low? -
CaptainYellowbeard, might I ask you how much you are currently making?
$580.53 a month? I wouldn't work for that either. I would like to see your calculations.
Here are ours:
Let's say 12,000 miles per month at $.92 = $11,040
+ 6 stops ($30 each) = $180
+ Fuel Rebate $.38 per mile (as of 12/27) = $4,560 (rebate is adjusted weekly based on W. Coast Diesel Prices)
= Gross Income = $15,780
Let's say you get 6.2 MPG, AVG W. Coast Diesel price for this week is $3.978;
That is $.64 per mile for fuel.
- $.64 x 12000 miles = $7,680
-We charge $.035 per mile for insurance: $420 per month
That is $15,780 - $8,100 = $7,680 per month
14 hours x 6 days/wk x 4 weeks = 336 hours
$7680/336 = $22.86 an hour
You would also be getting paid for any loading/unloading/detention/short haul which would increase your total net income.
If the price of fuel went up, so would your fuel rebate, so as an Owner Operator you would be protected from a increase in fuel prices.Last edited: Dec 28, 2011
dog-c Thanks this. -
That's pretty decent driver pay. Where do you figure in for the use of the truck?
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Stranger, I'm not exactly sure what you are asking, but if you are referring to items such as tires, oil, depreciation, etc. it would be very difficult to compute an actual rate for that. Every truck is different and every driver has a different driving style, so those figures would be more accurate if the numbers were compiled on an individual truck and driver basis.
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I'm saying that your figure of $22.86 per hour is pretty good for a driver only salary. That is the amount you figured the driver AND truck would earn according to your figures. The rate is no where enough to cover the cost of owning and maintaining a truck. By the time all the incidentals involved in running the truck, plus maintenance and payments are counted, the driver will be working for free, or most likely, paying to drive his truck.
The company I was leased to in 2000 paid .92 cpm, paid for baseplates and permits, pulled their trailers, paid practial miles, and it wasn't enough back then when fuel was under $1.50 a gallon, new Michelin tires were less than $300.00 each, and shop labor was $45-$50 per hour. -
I agree that owning and maintaining a truck is very costly. That is why I believe that drivers, especially Owner Operators, need to do their Due Diligence when looking to join different trucking companies.
We also pay for baseplates, permits, Oregon PUC, and drivers pull our company trailers. We have done a thorough comparison of our pay package with pay packages of several other popular companies and it's hard to believe but most Owner Operators out there are making much less than this.
I know that Owner Operators can write off most if not all of their expenses (fuel, tires, shop labor, etc.) that can help quite a bit. -
You may think that this is good pay but in reality you are very short. I made twice that back in 2007 every month and would not even think about leasing my truck for any less than that. Also, you didn't bother to mention what type of freight, light or heavy loads. It does make a difference. I don't see how anyone could make a living and pay for a truck on $85,000 a year.
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