But that is after 12 cents/mile maint fund and the truck is under warranty. So, that is a higher wage with the option to own a truck. If $500/week is saved after paying oneself $1k/ week or less as a salary, then a new truck could be paid off in three years. $1,000/week and a paid off truck in three years seems like a deal worth considering. I am seeing a similar scenario from Celedon which charges 25 cents/mile for the truck/insurance/permits on a new T680. So, slower weeks have lower payments.Why is that not a reasonable arrangement?
50 cents/mile the New Standard?
Discussion in 'Experienced Truckers' Advice' started by dogtrucker, Mar 9, 2015.
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I will negate your findings my friend... Magnum offers .50cpm + extra on hazmat - AND you will do 2500-3000 per wk...xlsdraw, runningman0661 and UKJ Thank this.
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Website says, "up to 48 cents per mile".
Can you explain further? Thanks -
My father hung me on a hook once........ ONCE.
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You can actually make .55 cpm if you reach your very achievable bonus and haul a haz mat load. You get a base cpm rate, mine is .42, and then they have a score you achieve to increase your pay. Fuel, clean csa, monthly avg. miles, service, incidents, and logs. Each of these has a score, you get a total of a 100 points and you max out .50 cpm. If you don't max it out in all categories you still increase your base pay.dogtrucker, Interplanet Janet and UKJ Thank this.
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I would run 4,000 a wk for .30cpm in a nice truck with full company paid benefits long before I would take .50 and 2500 a wk in some crap fleet truck and crap benefits.
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I am not working for any large (MORE THAN 50 TRUCKS) OTR fleet anymore with slow trucks unless I make $75000/per year before taxes. I will not work anywhere anymore if I am paid less than .40 per mile. The time put in and job stress is not worth it.
Once I get a local job in a couple years, I will easily clear over $70000 in a year with benefits, and I WILL get my local job. Once I am local and get paid the way I am supposed to, with benefits, by a company that actually cares, my truck can top out at 55MPH and I wont give a rats #####.
The days of making any decent money OTR are done, and anyone who doesnt see the writing on the wall is living in blind ignorance. Once elogs are in every truck and the cronies in D.C. Turn every CMV down to 68 or 65, Its bye bye money, bye bye motivation, and bye bye to a career that used to be a good living.
Now is the time to get your experience in so you can look for a real job in a couple years, after Congress ruins our country and the transportation industry even more. -
have you checked out crete carrier if your record is clean they top out at 51 cpm and Shaffer is 53cpm
good luckLast edited by a moderator: Apr 7, 2015
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My point was that CPM is only part of the equation, for me if I am out 10 days I want to be moving, not sitting spending the money I am out making. So more miles at a slightly lower pay in a nicer truck is worth it for many. My 30/50 was an example not reality.
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