Cardinal Logistics Owner Operator Information

Hello! I searched the forum and found no information about cardinals owner operator position. I heard how awesome cardinal is from watching Jeffery Quinn on Youtube. Unforently, I did the math just like Chasing Andrew Jackson told me to do and well you tell me what you think. I went to orientation today. This is the sheet they gave me with rates.

1-120 = $1.25/mile
121-249 = $1.16/mile
250-524 = $1.10/mile
525+ = $1.015/mile

Miles range from 1,500-2,400 a week (Thatt's what paper says)

Stop Pay - $21.50 (all store delivery stops)
Backhaul - $21.50
Dentention - $25/hr after first two hours ($25/hr per quarter hour increments)
Reinbursed for tolls, scales, washouts, lumpers, tailer maint., pallets with receipts
Elogs (peoplenet)
Paid Orientation
On site shops (To fix company driver trucks not O/O) Unless, you want tires or something
Estimated weekly gross - $2,500 to $3,500 (according to paper)
Estimated Gross Annual - $143,000

The Math?

Quality Truck Note - $695/week
Insurance - $ 200/week
Fuel - $800/week

Let's say you run 2,400 miles for 1.015 = $2415
You get 3 stops @ 21.50 = $64.50
There is no detention because you will be the only truck at the #### store. They deliver to mom and pops.

$2479.5 - The Above = $784.5 paycheck. Hopefully you can get more stops a week i guess.

Meanwhile company drivers get .48cpm running 3000 miles a week taking home $1000+

 

Yeah, I left. The math didn't add up like he said.

 

1.25? I figure it would only be 1.015 a mile. I figured they wouljust give runs around 700 miles or so and back

 

Guy said you get fsc. He said this week it was like .15cpm. Maintenance account is on you I believe. What's mt?

 

O it's all miles loaded and empty go by the sliding scale