Where is the money? Asked probably a gazillion times a day.
Every sector has its' devil. They way I see it, almost everything pays equal in the end. If you make a list of all the factors influencing pay rate, (hours, experience, skill, management and admin skill, dependability, safety etc. ad nauseam) you will find that those guys making better money than the average Joe, has something to offer the average Joe can't.
LTL and specialized transport pays the best rates. Period.
But, considering everything, specialized operators do not necessarily have a better profit margin. They have other issues to deal with. (i.e the winter, seasonality, bigger equipment expenses, bigger operating expenses)
So, in the end, most sectors are equal. It depends on your personal circumstances, skills and willingness to make more than thy neighbor.
A while back, I found the following, right here on TruckersReport. It seems as if these people asked themselves the same question too. Here is their answer: http://www.thetruckersreport.com/truckerreport.html
Where's the money??
Discussion in 'Experienced Truckers' Advice' started by SiUQ1, Jul 12, 2012.
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Sorry, didnt catch if you are o/o or company? Might have a couple of leads in Indy for you.
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I just may go into real estate SMH....
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The guys who do make the real money are most of the times smart enough to keep their mouths shut about it.
CenutryClass, MNdriver, Minder Kat and 1 other person Thank this. -
Ever seen one of them doorslammer container haulers driving a real nice rig? Me neither.
A very tight lipped bunch are this wind tower haulers. Rumor has it they are doing mighty fine. -
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Ltl linehaul. Have you seen Old Dominions operation on Morris St? You can clear $100k working ltl linehaul.
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OS in the Petro Industry.
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