What are Owner-Operators actually paid at Swift?

This is a fundamental mismanagement of the business. ... Your settlement pays the business, the business pays you.

Your paycheck is what you elect to pay yourself out of the business. You should pay yourself what ever it is, regardless of your cash flow.

Unless the business is going completely belly up and /or under capitalized, the week to week cash flow should have no impact on your paycheck.

And 3 weeks with no cash flow? FUBAR ... 1 week off, 1 week with no cash flow, second week, cash flow is at least 40% to 60% of average.

 

I wouldn't call it , "mismanagement", I would just call it everyday life.

Yes I have heard, once you own a trk, your not a truck driver, but a small business owner. True, but still, being a trk drvr is what we do, and what we are.

 

After you with swift? If so Do you mentor?

 

I think the answer to your first question is, yes I am with Swift. And no, I do not mentor.

 

Yeah i started with swift almost 3 yrs ago. Saved up enough and bought my first truck and left to landstar. Unfortunately my motor just blew and here i am in ocala for orientation lol. Ill get a lease in 30 days and get my money back up. I see they have a increase in pay, and they are paying mt miles now.

 

Steve took weeks and weeks off. It made him being gone for weeks worth it. So many long vacations. But we knew it would cost, but you don't have to go in the hole, Max out your maintence and it will pay not only for tires and services but being able to take time off without going in the hole. Save money before you take the time off and you can pay for your truck, have money to cover for your lost wages and pay for your fun while off.

 

This thread is kinda current and still being posted on so here goes. I left van as an owner operator to go learn flatbed and get on a percentage based pay. Turns out I really hate tarping and picking your own loads so far has me running lots of deadhead miles to get good rates or taking crap loads to get me in a better area. I'm thinking I wanna go back to van and and Swift seems to have a decent pay schedule, at least better than any other large carrier I've seen. I prefer a large carrier because I wanna be able to run all over the country.
So how are you current owner operators enjoying it? Is is a hassle getting loads pre-planned or difficult to consistently average 2500-3000 miles a week? Not concerned with hometime as I stay out a long time usually but. Is it an issue taking off when you want? Wanted to get some input before I talk to a recruiter tomorrow morning. Thanks in advance for any help here.

 

Swift is a good company--I am an owner operator and have been with Swift for about 6 years--the pay is a little low compared to other carriers but the freight is consistent--the main advantage is there is no credit check to lease a vehicle and plenty of freight--forget the negative drivers who try to discourage you--I average 1.10 per mile currently for all miles (this includes all miles-loaded and empty)--I am a trainer with Swift as they are the largest trainer of new drivers--My truck is paid for and the notes were $550 per week--the newer trucks are about $60 more per week--the lease is walk-away---My total payments were $700 per week--now it would be about $760 for a new truck (that includes everything except maintenance--I try to average about 4500 to 5000 miles per week with a student--If I run solo my take-home would be about $2350 without a truck note for a full week---With a student my take home on 5000 miles is about $3850 before maintenance--low pay per mile but if u choose to train you can save about 10,000 per student as it takes about 4 weeks to train a student--In 4 months u can buy a cash truck--make the system work for u as Swift always needs good mentors

 

I currently own a truck, a 2012 FLColumbia glider. The plenty of freight thing is very appealing. Hoping to get 2500-3000 miles a week. My costs are fairly low as I've already done most of my upgrading and PM's are all current. Also, seems like lots of opportunities for dedicated accounts like Target, Walmart, etc.

 

You run when you want, go home when you want, stay out as long as you like, stay home as long as you like, take the loads where you want to go, don't take the loads to where you don't want to go.

Once you figure our where the steady freight is, learn the ropes with the planners, you can average 2900 to 3000 miles a week and because your are clear on your own truck taking home 2k plus a week after taxes and maintenance is certainly realistic.