Deal or Start Looking Again

Discussion in 'Ask An Owner Operator' started by PO Stoner, Aug 13, 2017.

  1. PO Stoner

    PO Stoner Light Load Member

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    I'm a new O/O leased to a company that sounded good. Shocker of shockers, I think I've been lied to. I'm paid $1.05 plus FSC. So, right now $1.28/mi. I'm supposed to be off weekends and only in the truck 2 to 3 nights per week. I'm usually off weekends but in the truck quite a bit more and only averaging 2500 miles per week. I was also supposed to be on dedicated drop and hook freight but I'm not. At least, they pay on time and in full. Overall, it's not terrible. ( Paid the same empty and loaded. ) I also get paid $20 per stop if multi stop load and $30 an hour detention.

    At least, I'm paid better than a mega carrier. But, is there better for someone to lease to? Wondering about intermodal like Triple Crown? Right now I'm doing regional dry van. Not having to deal with crappy trailers is a plus.
     
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  3. mitmaks

    mitmaks Road Train Member

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    Is this Freymiller youre leased onto?
     
  4. Pedigreed Bulldog

    Pedigreed Bulldog Road Train Member

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    I've never understood why a person claiming to be an O/O would lease their truck onto a company that paid them by the mile...especially at a rate that barely covers your operating costs. $30/hr detention is a joke if it is your truck...should be 3x that.

    I'll work for percentage. Hourly, even, if the rate is sufficient. Mileage pay, though, is usually a joke. As a business owner, you want to maximize revenues and reduce expenses. The only way to increase revenues on mileage pay is to increase your expenses and wear out your equipment faster by running more miles.
     
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  5. ZVar

    ZVar Road Train Member

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    1.05 / mile. You sir are the problem. Stop driving down the rates for the guys who actually want to make a living wage.
     
  6. Bigrayon

    Bigrayon Road Train Member

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    Lol you know it's funny just last week I was posting showing any driver that there is good money at great wide and I was liable a recruiter so know if you say who you work for and for others to see that we can get better pay and to leave the cheap load and there dock
     
    drivingfool Thanks this.
  7. PO Stoner

    PO Stoner Light Load Member

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    Not Frey. Local KC company. Wanted home most nights and weekends off. Originally, was going to do intermodal and thought this sounded better.

    If $1.28 doesn't cover your cost. You are driving more truck than you need or really bad at managing money. I'm leased to a company that takes care of the crap I don't want to mess with. It's really freight paying $1.75+ I'd bet. My truck only cost me $1400/mo w/insurance included and I budget $325/wk that covers everything else. That leaves me $1k/wk after taxes. Just wondering if someone knows of something better. I was making $80k/yr plus benefits hauling cars but my body couldn't handle it anymore and company driving is crap otherwise so O/O was the best option. Essentially, no $ lost or gained. ... hardly home.
     
  8. Ridgeline

    Ridgeline Road Train Member

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    Freight is more like paying the company $2 a mile, find another company. And next time make sure the rates if fixed are in the contract.
     
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  9. mitmaks

    mitmaks Road Train Member

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    1.05 is company lease pay...way too cheap.
     
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  10. PO Stoner

    PO Stoner Light Load Member

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    I was thinking that. Talked to a Triple Crown driver the other night that was runnin' local here in KC. $3500 last week...only drove 600 miles. That's what I should be doing.
     
  11. kimbosa

    kimbosa Medium Load Member

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    2.00 +++ is where you should be at. Im a city driver and ill clear about 70 to 73 this year. And if i own my truck, i better be doing more than that.
     
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