Finally got my own truck

Discussion in 'Ask An Owner Operator' started by BoyWander, Jan 1, 2017.

  1. Eldiablo

    Eldiablo Heavy Load Member

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    The word idiot comes to mind. Maybe it’s me... but when you can start at a company for .50/mile with no worries of any payments or breakdowns and benefits. Yea I guess it’s me.
     
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  3. Farmerbob1

    Farmerbob1 Road Train Member

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    It all depends on the details.
     
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  4. Eldiablo

    Eldiablo Heavy Load Member

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    1.09-1.20 a mile is all the details I need.
     
  5. 062

    062 Road Train Member

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    Nobody is being forced to run for that amount, but people choose to do it unfortunately.
     
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  6. BoyWander

    BoyWander Road Train Member

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    Maybe they pay his plates? Deep fuel discounts? Deep discounts on shop work,.PMs, tires, etc.

    Have to know the details of a contract before you judge it.

    But all in all, an owner operator should be netting at LEAST $60,000 a year after all expenses before taxes and no that does not include personal spending. And that's not working 48 weeks a year either. I budget my numbers on 100,000 miles per year. Working 40 weeks.

    Company drivers can make $50,000+ easily working 40 weeks.

    An owner operator working for $1.30/mile.

    If I ran for $1.30 a mile I'd be starving.

    My operation costs roughly $120,000 a year plus the % my boss keeps. That's with approximate fuel costs, maintenance, etc. Based on 110,000 miles.
     
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  7. Eldiablo

    Eldiablo Heavy Load Member

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    Nah. It’s not hard to judge a pos. Just .60/mile more on 100,000 is $60,000 a year. All the deep discounts you can add won’t make up that much. They’d have to pay for all the fuel to even get close to coming out. These lease purchase are scams that only benefit the company.
     
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  8. Midwest Trucker

    Midwest Trucker Road Train Member

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    I was gonna say, they would have to pay for literally everything except my truck and driver to run for that.

    I think some people just feel more comfortable with a mega and running with the herd feels more safe and less vulnerable.

    My company advertises around 40 cents more per mile on average and struggles to get calls but people love to go run themselves to death for a mega just so they can feel part of the herd and safe all the while they’re being taken advantage of. Similar deal as to why people go run for Amazon. Totally being taken advantage of but hey it’s amazon so must be a good deal!
     
  9. Farmerbob1

    Farmerbob1 Road Train Member

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    The way I see it, if I can make fair to good money running o/o for a mega while I am learning, I should be able to survive lean times on my own after I have a better handle on being an o/o.

    Almost anyone can jump in as an o/o and make money when the rates are good.
     
  10. joey8686

    joey8686 Light Load Member

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    Bring back set minimum hauling rates and everything would be solved in the trucking industry pay wise and driver retention wise.... everyone who hauls cheap freight and doing lease purchases has contributed to the problems we have today...... your mega carriers are letting you run for less money while they are taking everything off the top n putting it In their pocket, plus overcharging you for plates insurance, paperwork etc etc etc it’s not hard to figure out
     
  11. Eldiablo

    Eldiablo Heavy Load Member

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    I’m not being ugly but if i wanted to I could work for some companies and make more than you can leasing. I don’t want to live in a truck so I don’t make as much and I’m fine with that. There are some companies paying a flat salary every week regardless of the miles.
     
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