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Is it better to get paid mileage pay or percentage of weekly gross?

Discussion in 'Ask An Owner Operator' started by Falcone, Nov 2, 2013.

Page 3 of 3
  1. Nov 3, 2013 #21
    G3Truks

    G3Truks Light Load Member

    214
    446
    Sep 25, 2013
    0
    All due respect....

    If you even have to ask that question you need to go get some experience. I only bothered to post here to try and help you keep some of your money.

    Good luck!
     
    G3Truks, Nov 3, 2013
    G3Truks, Nov 3, 2013
    #21
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  3. Nov 3, 2013 #22
    Falcone

    Falcone Bobtail Member

    42
    2
    Jun 19, 2013
    Canton, MA
    0
    G3 how do you learn if you don't ask brother. I'm a very hard working guy with a dream. I'm tired of working for other people living from pay check to pay check. I want a good life for my family. I started this thread for the knowledge. I'm gonna take everything you experienced gentlemen are telling me and absorb it so when I'm ready to make that move in a couple of years I listened and took the advice from the best in the business. A wise man learns from other wise men.
     
    Falcone, Nov 3, 2013
    Falcone, Nov 3, 2013
    #22
  4. Nov 3, 2013 #23
    CbarM

    CbarM Heavy Load Member

    894
    247
    Jan 17, 2011
    Irvine, AB
    0
    Falcone, you need to provide us with more info. How much is the total per mile worth and what % are you gonna get? Without this info, its impossible to say whether $1.50/mile is better then getting %. You are gonna need an average rate per mile for % as every load is different. Ask to see some O/O statements with the name blocked out who are on % n if they say no then I would walk, they are hiding something. Its pretty simple, just go in there, stand yer ground n you will know exactly what to do from there.
     
    CbarM, Nov 3, 2013
    CbarM, Nov 3, 2013
    #23
  5. Nov 6, 2013 #24
    Falcone

    Falcone Bobtail Member

    42
    2
    Jun 19, 2013
    Canton, MA
    0
    Guys it's actually 1.50 per mile after his fee. Or I can take a 80/20 split. He says his loads average 1.50-2.00 per mile. He will dispatch my trucks, provide a safety department that does pre-hire screening (background,drug test,etc.) Post accident testing, accounting, weekly settlements, weekly finance reports, quarterly tax filings, trailer rental, fuel cards, trip planning. Does this sound like a good deal?
     
    Falcone, Nov 6, 2013
    Falcone, Nov 6, 2013
    #24
  7. Nov 6, 2013 #25
    Cetane+

    Cetane+ Road Train Member

    1,304
    882
    Sep 29, 2013
    Albany, NY
    0
    Yes, if you are running under his authority and cargo, liability insurance. There are other company's out there to lease onto that pay that and more.
     
    Cetane+, Nov 6, 2013
    Cetane+, Nov 6, 2013
    #25
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