I am confused as a smart monkey! O/O, L/O or company driver?

if they each get paid .22 per mile (splitting 44 cents), then for 3,000 miles, that'll be $660.

you are "assuming" they will be getting paid more.

when i begrudgingly drove team (about 100 years ago), the split was half of the total cents per mile, like 20 cents per mile, each driver got 10 cents...

unless nowadays, teams (each driver) gets the full 44 cents per mile. this i do not know, as i care to NOT be a team, and keep up with team pay. i reflect on my personal experiences. so MY MATH was correct.

it STILL comes down to the o/p NEEDING TO KNOW the numbers BEFORE he decides to get his own truck. without knowing the numbers, the C.O.D.B., etc,etc, he will be doomed to fail in short time.

 

Your math was wrong the way it is written .. 6000 miles @ 44 cpm to the truck =$2640= $1320 EACH....... not $660 and if you want to use 3000 per driver each driver gets .44 cpm which would still be $1330 each... The TRUCK makes .44 cpm.. Then the team splits it ...


they only way your math works is if the total miles for the TEAM(TRUCK) that week was 3000 miles then it would be $660 ea

 

Ummmm NO it wasn't... see post above ..

anyone else want to jump in and correct the person whom is wrong here ???

 

3,000 miles PER PERSON, NOT THE TRUCK..>!!!!

 

At the very least your number one obstacle as a lease driver is going to be your dispatcher. Why would you even consider leasing if you do not even know your dispatcher yet or what kind of miles they are going to give you or how they are going to run you? Hell you don't even know if you like the company and you are going to lease from them?

Bangsistro you say you have a college degree, so obviously you already know that you need a good business plan and exit strategy before you even consider getting started. Your dispatcher is your number one equation in that plan. You can't possibly even begin to write a good biz plan until you find out what you will be making!

So if you have gone to college then you should have the sense enough to know what you need to do to start up and run a successful business. Hell, if you went to college you should have sense enough to not be a truck driver, but to each is to own!

On top of the biz side of things I am assuming you know nothing about freight or how freight runs. You are going to want to be pretty familiar with freight and its cycles and how to set up and run to optimize your time. Your set up and placement is a big key to making money or sitting at a truck stop. Just because a run pays a lot of money doesn't mean its worth it. It may pay more because it leaves you stuck in the middle of nowhere having to deadhead (paying your own fuel without a load) 1000 miles to get a crappy paying load! On top of knowing freight you also want to know the brokerage side of things. This way you aren't getting ripped by some fly by night broker who knows you don't know crap! (happens quite frequently) Ok, so now do you know how to drive? Not hold the wheel, drive? Seasoned, refined driving so that you aren't burning unnecessary fuel, tires, brakes etc... Hell your gonna kill a good transmission as a new driver in 3 months time! What about maintenance? Are you going to pay someone $150 an hour every time you need air in your tires?

Bangsistro this is why every driver out there doesn't own or lease a truck! Its really not that easy!

If you want to be successful drive company at the very least for a year. Establish a good relationship with your dispatcher while also learning the ropes. Keep track of everything you do as if you were an owner operator and at your twelve month mark see where you stand. You will know exactly where you are and have all your figures to write your business plan. You may even find out that you will make more as a company driver than a lease driver.

Good luck and keep us up to date....

p.s. I would heed any advice Gizmo sends your way! The guy has the utmost knowledge of the industry and know his crap! I have been driving 16 years and have been an owner operator for more than half those years and to this day still pick up useful tips from Gizmo!

 

this from YOU in posting # 13..."There's a small company with 7 trucks offering me a job they pay 40 to 44 c per mile as a team."

ok, as a team, back in MY day, we would split the 40 or 44 cents. that would be 20 or 22 cents....got it...???

you DID NOT MENTION that EACH DIVER GETS 40 or 44 cents...got it...???

no matter the truck miles, EACH DRIVER got paid HIS MILES, not the TOTAL TRUCK miles...got it..??

this lead to a lot of disgruntled drivers as teams, as ONE driver would ALWAYS drive more than the other, and NOT earn his pay....got it...??

i stand by my numbers as they are the NUMBERS i had to work with as a team driver.

i had ALSO MENTIONED that if things had changed over the years as far as pay for TEAM drivers, i was NOT aware of that...got it...???

i also mentioned that if YOU DO NOT KNOW the numbers you will be doomed to fail as a lease/owner-operator....got it..??

what college you went, what college degree you got...??

if you went to college, you "should be" more aware of the numbers game, in life in general, let alone trucking, but apparently you are not, which to me, you wasted money for that "higher education"..