How much can an INTELLIGENT owner-operator make?

Discussion in 'Ask An Owner Operator' started by AJDallas44, Jun 10, 2013.

  1. AJDallas44

    AJDallas44 Bobtail Member

    8
    3
    Jun 5, 2013
    0
    Folks,

    I've seen the question "How much can an o/o make" and it's always answered with "it depends."

    So I'm going to try to narrow down the question by filling in some variables. If anybody has any feedback, I'd like to hear it.

    How much can an O/O make under the following circumstances:

    (1) Drives 120k miles per year for Landstar or similar.
    (2) Generally prefers longer loads, 1000 miles plus, generally avoids multiple stops and LTL.
    (3) No accidents, fairly low insurance.
    (4) Truck is paid off, but is setting aside enough to buy a $150k new rig every 6 years.
    (5) Home about every month, 28 out, 4 home.
    (6) Is pretty intelligent, plan loads well, studies freight patterns, etc.

    Any feedback is appreciated, thanks!
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. jbatmick

    jbatmick Road Train Member

    2,195
    2,458
    Dec 1, 2009
    hastings, Fl
    0
    There is a huge difference between intelligence and trucker smarts [ aka common sense ]. An intelligent driver will not make the same decisions as a seasoned trucker, at times. Usually the experience pays off more than a formal education, in the real world of OTR:salute:.
    If you are putting aside 25,000 a year for new equipment, that will take a good chunk of your profit. With the idea you present, a living wage would be about it:wav:.
     
  4. AJDallas44

    AJDallas44 Bobtail Member

    8
    3
    Jun 5, 2013
    0
    Thanks, your wording was better than mine. : ) I meant to say an owner-operator who has common sense and doesn't fall into some of the pitfalls that I've heard warnings about. Not necessarily somebody who has a formal education or whatever.
     
    russellkanning Thanks this.
  5. landstar8891

    landstar8891 Road Train Member

    2,414
    2,310
    Feb 4, 2012
    NY NY
    0
    For Landstar Vans..70,000-90,000 to the dinner table after every single deduction...
     
    russellkanning, dog-c and AJDallas44 Thank this.
  6. bigjoel

    bigjoel Road Train Member

    1,573
    1,835
    Jan 20, 2011
    Houston, Tx
    0
    We're still trying to find one, lol!
     
  7. Casual Trucker

    Casual Trucker Medium Load Member

    495
    326
    Sep 7, 2012
    0
    The honest truth is NO ONE out here is going to share that kind of information with you especially if they are Half-### intelligent because most of the people that know how to do it paid hard for it.
    Chapter 7 through Chapter 13 and divorce's and so on.
    Besides what kind of a Dummy would post this kind of info on the web...hem?
    Do you really think that only drivers Read this post?
    You gota think a little harder my friend
    Brokers and not just any honest broker I mean the slick WILLIE one's
    Ya Know an EX Chicken Hauler with Zero Moral's and ZORO sward to cut and slash rate's using hard earned tactic's of the poor owner Op tips and tricks learned the hard way
    Years a go there was something called the black book and I don't care how much of a friend to some one who had one of those books that would share the book with anyone. Simply because that meant the end of his journey in trucking. And people were much Kinder back then.
    As soon as you post something on any site here comes the copy cats the Bragger the wana be trucker and so on ready to sell you and your kids to the highest Bidder.
    But I Can tell you this if you are thinking about becoming an owner op by leasing your truck to some so called owner op company you are not going to do your self a Favor leasing on to companies is a bunch of crap these days why?
    Take a company like land star they review you log book every time you send them to get paid
    So if you accumulate points against your record ( Land Star Points ) out the door you go
    they terminate your contract with on push of a button.
    Worse yet they have now what they call a black box that means when you are out of hours you R SH***T out of luck.......How a bout them Apple's?
    So what a bout your truck payment and all the other crap you have to pay for?? That is not there problem
    They can just replace you with a new one just like you replace tires
    That is Why You see these Ad's
    $2000 sign on bonus ans so on
    We pay 75% of 55% of a buck a mile freight bill
    I can keep telling how tricky these people are but with my luck some Loyal schmuck from those companies ya know the type Can't get enough ### Likin always defends their Gate Keepers just because they can
    They will say Horse SH***T Like this (my company pays there drivers good but don't say how much)
    My company take care of their own but forgets to say How
    You Want Proof?
    The next time an England truck pass you Read the safety award sign on the back door of the trailer
    And then take a load to Idaho UT, WY, NE, during the winter season and see how some one like that can hold a safety award of any kind
    WHO THE F**** gave them that? Or is it you can give your self an award these days you just print them your self you know give your self an Ataboy
    Why I am I Ranting about the So Called Good Companies
    Because I have been in it since i was a kid and yet the only employee's that never got a raise are the dumb truck driver
    Fuel food labor cost taxes even products like toilet paper went up 4 times as much as i paid for them back then and back in the days the driver made a bout 20 CPM
    How much do they give them Now ? It should be 20CPM X 4
    But some schmuck that works for 40cpm will call that top wage
    So I give up I use what i know to survive the storm as long as these truckers out here don't organize and Don't play by the rules
    And I Have a Feeling They Never Will
    PS. Never listen to a dip SH**t That claims the his company pay's $3 a mile or $10 a mile
    If they did and that was true Guess what? some schmuck will take info & run like hell & try to discount the rate ( I'll Haul It Faster Cheaper Kind of genius )
     
    Last edited: Jun 10, 2013
  8. rollin coal

    rollin coal Road Train Member

    13,108
    25,988
    Mar 29, 2008
    TN
    0
    Van, Flat, or step? Studying freight patterns where? Do you mean you're figuring on conquering the lower 48? Based on those parameters - length of haul, one pick one drop, high rate of miles per year - sounds like you want the easy laid back stuff that everybody wants. 28 out and 4 off every month, there are times when it's more like 4 out and 28 off unless you don't mind rolling for nothing. You can possibly mitigate that by swapping back and forth between vans and flats depending on prevailing rates. My prediction, you'll struggle to break even regardless of trailer type, if you don't adjust those parameters...
     
    heavyhaulerss Thanks this.
  9. AJDallas44

    AJDallas44 Bobtail Member

    8
    3
    Jun 5, 2013
    0
    Rollin Coal, thanks for the input. I was trying to not get too specific, but actually I'm thinking flatbed. Lower 48, don't mind Canada, etc. Strapping and tarping a load doesn't bother me - but I'd still like to minimize LTL.

    And please don't take any of this to mean that I think I'm intelligent or have common sense. I know myself too well for that. : ) I'm just wondering what that hypothetical intelligent, common-sense O/O could make given the scenario I've outlined. Any thoughts?
     
  10. rollin coal

    rollin coal Road Train Member

    13,108
    25,988
    Mar 29, 2008
    TN
    0
    I guess you can do ok. I don't know anything about flatbed freight other than generally it pays on average better than vans. But flatbed guys have been complaining about rates this spring not being where they usually were. It just depends on how well you can connect up with the right agents, learn their freight, and work off that. I don't think they're a bad company but others will disagree. Times change. The learning curve is expensive if you can't figure out how to make it in their system. I say this from the outside looking in. I think LS-Broker is great and have none of the issues others complain about with them as outside carriers. I'm sure they'd be just as good from the inside they were once at the top of my list. Another thing, depends where you live also. LS-BCO's who know their flat freight might clue you in there.

    Sent from my droid using Tapatalk 2
     
  11. Florida Playboy

    Florida Playboy Road Train Member

    4,102
    6,621
    Dec 19, 2012
    Florida
    0
    Please tell me you at least have some experience being a company driver.

    Isn't the Blackbook what car dealers use to determine used vehicle values to rip people off?


    So what is the point of being an O/O or "business capacity owner" as they call them? If they essentially treat you like a company driver and can discipline you anytime they feel like it?


    So true we are our own worst enemies. Uship is a smaller scale example of this. Someone posts a couch they need shipped for a target rate of $150. Then you have people "carriers" or most likely douche bags with a pick up truck fighting over it down to $10. It's freaking unbelievable.
     
    Last edited: Jun 10, 2013
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.