There are the threads about "closing up shop", and "rates crashing and fuel prices to the moon", and "are we really stuck at $2 per mile?". Those threads add support to 3k per week income before taxes being accurate. And that 3k is if your operation is running smoothly the whole time. Obviously, you can sit around and wait for a load with a higher rate to appear on the load board, but you are losing money while sitting around waiting.
Can owner operators make 4k per week after all expenses and taxes?
Discussion in 'Ask An Owner Operator' started by Power Meister, Aug 26, 2022.
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Why wait?
Stay “In your lane.”
If i wait, I’m at the house, not stuck in a truck stop.
If there’s no load I like, I’m easing towards home, if something comes up, great, if not , oh well, I’ll have a load by end of day that’ll load same day by house or the next day at latest.
The load i got now, the defat bran, I unloaded 60 miles from this load, picked this one up on way to house friday,
regardless about the load, I was headed home.
When this load is dropped this morning, I’ll have two loads on the books for over $3k, got til Wednesday when I send my paperwork in through Best Mobile Document Scanning App for Truckers - Drive Axle
Long as i send it in by 3 pm Wednesday it’ll be paid Friday.
Some wait 30-60-90+ days.
I’d say lease to a carrier, they make take 35%, but they deal with the headaches, you just pick a load where your spot market works, and go. -
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You don’t need 2 trucks. Maintaining a second truck and paying licensing and insurance on it just in case your truck breaks down is like buying a second house just in case the one you’re in catches fire.
Maintaining your truck properly will alleviate against surprise breakdowns. I’m on my 4th truck and one time I broke down on the road away from my home shop. The rest of the time everything was scheduled at the shop while I was home.
As far as leasing, I’m leased to a company that works well for me. I like what we do, and they don’t give me grief when I want to take a few weeks off. And for the most part the money is consistent. We don’t have the ups and downs like spot freight. If you want to be totally on your own then you’ll never be happy being leased on. But honestly I’m lazy. Hauling our stuff is easy. I work and get paid. -
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And do not say because the avg spot rate is 2.40 or whatever that that's what people will avg if they only pull spot freight. That's just complete bs. -
Can pull an empty trailer, just not haul freight.
Both trucks are paid off.
If i need/want i can put someone in one. -
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