average bring home pay for owner operators leased to a company

TallJoe · Dec 15, 2018

deleted - let's be serious

Motor Trucking · Feb 23, 2020

im6under said: ↑

Opinion bump.

I love the cpm vs % arguement.

% vs cpm can be the same number and most often is the same number. The same exact number !!!

And yes i know this is an old thread, humor me...

Cpm is an expression of average income to the truck. Some prefer to here a bigger number loaded or out bound %, and then put up with a lower empty cpm or lower % backhaul run.

These are all designed and used to confuse the driver, lease operator, and owner i got my own authority operators.

Its simply more convenient for different folks to plug money into their equations one way or another, though few express fuel as a % of load vs the actual dollars posted at the pump.

Some drivers do better than others company wise and business wise.

Some are lucky and dont have a crank go bad on late oil changes and others have bearings spin with ontime oil changes and good samples.

In that vein, i dont like the liability of owning the truck. One guy operation, making 10k a year more than me sounds good until he has an accident deemed partially his fault by a jury and his partial is $15 million dollars and your insurance covers only $12 million.

While you are claiming bankruptcy their attorney is busy piercing the corporate veil and he doesnt care if the house is in your wife's name... or the brother in law's...

Not that i wouldnt take the chance if i felt adequately compensated.

I am just saying, i sleep much better as a company driver than i ever did while i was in business. And that business paid a hell of a lot more than trucking... but it was stressful.

I dont like stress. Where i work pays good. Not fantastic! Sorry guys (it does pay upper tier money), i just reserve "fantastic" for wages that are so good, i only drive in good weather. Not in the snow and ice, but also not on too nice of days because i am out on the lake those days.

Nope... dont know anybody making cardiologist wages driving a truck.

I am home most weekends, home most nights, get most holidays off, have 3 weeks pd vacation, good pay and a nice bonus program 5 times a year. Its sweetpants trucking...

And i am always looking for more... then i wonder what you guys are doing? Gone a week or 2 or 6... then 3-6 days off...?

Omg... no... not for any company or my own would i be gone 2 weeks. Not happening.

If you do that for yourselves and your families, my hats off to you but not me.

And i keep coming back to... i can buy a truck for $150k hope nothing goes wrong... and build equity... via 6 years later my junk might sell for 40-50k.

Hmmm.... or i could just stuff that 15ok in my 401k and its worth the same or even more. whatever works for you...
Click to expand...

Just hanging it up,going on 5th yr,3rd on my own!You are absolutely 100% correct on all,especially the,in other words,Your prize vs what may or could happen right down to some con artist taking everything you ever worked for,home,autos,future earnings,these attorneys along with the government know,no boundaries! Unsure what were all doing wrong when I meet people who have never worked a day,honest day in their life and live better then a working man,getting off topic,So I will just close with saying,you are correct sir!

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