1099 and land star owner ops

Discussion in 'Questions From New Drivers' started by Mototom, Aug 23, 2019.

  1. Mototom

    Mototom Light Load Member

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    i seen an ad paying 40% and you pick the loads. Does that seem fair? Idk what the load board looks like so idk what freight usually runs for.
    But I figure the hotshot boards show like 1.20-1.80cpm so I’d be making like 60cpm that seems good to me.
    I would like a bit more freedom but don’t want to buy a truck outright until I’ve been here a bit longer.
    Unless anyone here wants to hire me lol you can look at my posts and draw your opinion about me as a driver.
     
  2. starmac

    starmac Road Train Member

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    If it is a straight 40% that is waaay better than fair, but there is probably some thing coming out of it. I always started at 25 and went to 30 quick, and they came out pretty good.
     
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  3. Linte_Loco

    Linte_Loco Medium Load Member

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    Straight 40% and nothing else? Beyond fair

    Call and get details to make sure
     
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  4. mud23609

    mud23609 Light Load Member

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    40 percent of what? The total? Or the truck owners cut?
     
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  5. Mototom

    Mototom Light Load Member

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    The way it seemed 40% of what the truck clears. Idk I’ll call and see what’s up
     
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  6. mud23609

    mud23609 Light Load Member

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    If I recall correctly and I could be wrong landstar pays 65 percent to the truck.

    So you would be getting 40 percent of 65 percent.

    2.00*.65=1.30
    1.30x.4=.52

    The numbers will vary depending on what the truck earns. Ask also if any fuel surcharge is included in your rate.

    Personally I would not even consider the job because it's 1099. Your on the hook for more taxes and liability.

    For what it's worth. Today I accepted an offer pulling refer freight. .47 cents per mile, and up to 9 cents per mile in bonuses that are pretty obtainable and paid monthly. Free high deductible health insurance, 50 bucks a month to spend 30 minutes watching safety vids, all in a truck with an inverter, Apu, and a fridge. And that's as a W-2 employee. The choice is yours but personally I would not consider that job.
     
  7. Dick Danger

    Dick Danger Medium Load Member

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    If you're looking for an O/O with training wheels situation it seems like it could be a good deal. 1099 is never a good deal long-term but if you just want to get a taste what it's like running your own show why not give it a shot.
     
  8. FlaSwampRat

    FlaSwampRat Road Train Member

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    That's a good way to look at it, I've never heard it put like that before.
     
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  9. starmac

    starmac Road Train Member

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    Well it sounds like he will get to pick and choose his own loads, so if he takes a low paying load, his low pay would be on him.
    I have taken landstar loads that paid me close to 5 bucks a mile, so if they are getting 35 % hen he would be getting 40% of 3.25. It is possible to get a shot in the arm at times when you control what you haul.
     
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  10. Atlanta trucker

    Atlanta trucker Heavy Load Member

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    There are only so many ways to cut up the pie. Most of this is just cutting up someone else’s pie.
     
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