Best Owner Operator Companies
Discussion in 'Ask An Owner Operator' started by Randy0980, Aug 29, 2016.
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I would like to know the company you are with, it sounds good to me....I'd like to check them out.... Thanks. ... my email is bparsley1975@gmail.com if you would prefer to email. ..
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I would like to know who cowpie1 is owner operator for, if you prefer you can email me at bparsley1975@gmail.com.
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I'm also,looking,been to a couple of companies promising a lot more than they can deliver , it seems our economy is quite stale right now, quite a few of my buddies are saying"if you clear $2000/wk stay put!" I'm starting my 3rd year O/O , would like to bank 3-5000, a week,still looking! good luck!
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$2,000 net a week sucks under any circumstance but in some scenarios even more so than others. Some people have to run 3,000+ miles a week to see that kind of net. That'll wear the equipment and your health out and put you in the poor house too.
chimbotano Thanks this. -
I have been at Fremont Contract Carriers for almost 8 years now. Doing well. By the house a couple times a week, off on weekends and holidays, and take a few weeks off thru the year. I am set up as an LLC with an S Corp tax structure. I pay myself a salary of $750 a week (average annual income of truck drivers in my state per the federal Bureau of Labor Statistics), and all profits by the operation after that also come to me. My business net (after payroll) so far this year is at roughly $40K. So I pay myself about $39K a year, and I have a net of roughly $40K this year so far on top of that. And that is after I have paid for medical insurance (paid thru my business stuff) and before I get to reduce the tax burden further with all the meal allowance, mortgage interest, depreciation and other stuff.
And how all this might relate to someone is relative. I live in a very low cost of living part of the country, so that income is very good. Twice the average income for workers in my state and about half of what the average doctor income is for my state. And I can buy 3x or more home and land for the same money as many have to pay in more expensive parts of the country. For Frisco, what I make might be making chump change. For my area, I am living quite well, better than I deserve.niceguy1970202, im6under, mxpx148 and 1 other person Thank this. -
fireba11 Thanks this.
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Cheezy_smile Thanks this.
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Im leased to a company out of chicago illinois ....run from il to wa or ca( 4000 mill for 2 trips).net evry 8 to 9 days 4 to 6k after expenses...no trailler rental but i paid for insurance ( bobtail and liability 1000 dollars) i get 78% of gros ...loads camings from illinois to wa or ca paid very low 3000 to 3500 (78% of that is around 2574 etc....fuel cost around 1100 tgat left me whit 1500..) but caming back from wa or ca its were i alsways get back good rate 6000 to 8000 sometime gros ...and 78% are 5 to 6 k before fuel ..
Im not really sure if im on a good deal any advise from seniors will be helpfull...thank you -
Sounds like you're getting shafted out of IL -
I think he has that backwards. I was thinking the same? $6k from CHI to WA then $3k coming back. Typical load board rates.
luckystar Thanks this.
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