New owner of a truck but paying someone else to drive it

Some do it different than others,most often its 25%,Ive seen it done where the pay that off the top and others pay 25% after fuel cost is takin out.

 

My drivers get a base of 40% of the gross to the truck. I get the 60% and they make more money than I do.

ANYTHING LESS IS SLAVERY.

AND if you are asking these questions PLEASE do not buy a truck and put a driver in it, you will not make it. Start with being a driver or investing in something else.

 

That's 40% of the % you get from the carrier? Or 40% of the full rate you charge your own direct customers?

 

And is that 40% of the gross?

 

To the truck.

 

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man if this owner op thing don't work out for me I need your number! I am not even paying myself that much. Lol

Being a fleet owner I am sure the drivers are 1099 so they got to stick back their on taxes or find I way to offset most of it. That being said it would still work out pretty fair.


And I agree with ridgeline, if your business model doesn't have you paying the market value at the very least for the area you plan to draw drivers from, you are doomed. While some people might believe the statement drivers are a dime a dozen, those dozen aren't going to be worth that dime. A good driver is worth his weight in gold these days, and you ain't going to get one paying dime a dozen rates.

 

What does that mean?

 

A load pays $100. The company you're leased to takes $25. The truck gets $75. The driver gets 40% of 75 which is $30.

 

Means 40% of what he gets from the carrier that truck is leased to I.E. If that unit is leased to a carrier that pays 80% of gross plus fsc, he would be paying his driver 40% of 80% of the actual rate the carrier charges (I'll leave the fsc to be discussed, as different fleet owners do things different ways) or 40% of 75%; Basically 40% of whatever % the carrier pays to the truck owner.