New O/O need advice

Discussion in 'Ask An Owner Operator' started by MWHauler, Mar 22, 2021.

  1. MWHauler

    MWHauler Bobtail Member

    16
    4
    Mar 22, 2021
    Ohio
    0
    I recently just purchased my firsts truck and trailer. 2014 Cascadia with a 53’ dry van. I’ve been told different amounts to pay drivers from other o/o when just starting out. The advice I was given was to pay a driver 25% of the load (before fuel cost), I was also told .40-.50 per mile. I’ve also have drivers out of state wanting to drive. My truck and trailer are paid off so that’s cutting some overhead as far as a truck/trailer payment. So my question is what is the ideal pay to start, should it be pay per mile or percentage, and should I hire out of state drivers or hire locally. I’m based out of Ohio.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

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

  3. DUNE-T

    DUNE-T Road Train Member

    5,371
    11,235
    May 10, 2015
    Detroit, MI
    0
    Are you an o/o yourself and have you driven a truck before? Or are you an investor?
     
    feldsforever and slow.rider Thank this.
  4. slow.rider

    slow.rider Road Train Member

    2,005
    4,660
    Apr 4, 2017
    NYC
    0
    You can offer a choice, percentage, mileage, or weekly flat rate. But on mileage or weekly, you'd likely have to do the dispatching yourself, whereas a percentage pay driver could be motivated to self-dispatch, so they should also be able to make more than the weekly flat rate.

    Remember, sometimes when drivers quit, they just take the truck with them and go home. Then you have to find it. So if you live near them, it would theoretically be easier for you to find and recover your truck when they abandon their post. But if you already have contacts you know and trust who live in your territory, that could help things get started.
     
    MWHauler Thanks this.
  5. Deere hunter

    Deere hunter Road Train Member

    1,136
    3,251
    Aug 5, 2017
    0
    I’ve got an owner that runs 3 trucks with me. He pays his drivers 43% of net, after fuel lease and all expenses. Send to work out good for both.
     
    slow.rider Thanks this.
  6. Midwest Trucker

    Midwest Trucker Road Train Member

    4,343
    12,911
    Aug 31, 2018
    0
    In Ohio I’d say 60 cents per mile to attract someone for hopefully long term. I wouldn’t pay someone percentage myself. Next thing you know they’ll think they can do it better and try to buy their own truck.
     
    Ruthless Thanks this.
  7. MWHauler

    MWHauler Bobtail Member

    16
    4
    Mar 22, 2021
    Ohio
    0
    I
    i was just an investor but decided to get my CDLs because it’s been hard for me to find a driver.
     
  8. MWHauler

    MWHauler Bobtail Member

    16
    4
    Mar 22, 2021
    Ohio
    0
    Thank you, I appreciate the advice. I’ll definitely hire within my state
     
  9. MWHauler

    MWHauler Bobtail Member

    16
    4
    Mar 22, 2021
    Ohio
    0
    Yeah a lot of drivers I see are requiring 50-65 cent per mile. What about dead head mileage? I know big company’s pay it
     
  10. Midwest Trucker

    Midwest Trucker Road Train Member

    4,343
    12,911
    Aug 31, 2018
    0
    Yeah 60 cents all hub miles is what I’m talking about. As far as within your state... that’s up to you. I personally like to inspect my trucks each week or at least biweekly.
     
    Brettj3876 Thanks this.
  11. Happily Retired

    Happily Retired Road Train Member

    9,007
    17,516
    Apr 16, 2014
    high plains colorado
    0
    Normally, I'd say you put the cart ahead of the horse, but if the truck is paid for, no big concern. I've been reprimanded for giving my outdated, yet still somewhat useful advice, so I'll just say, best of luck. Insurance will do their best to do the little guy in, sorry, I don't mean to be rude, but there are better places to invest in today. For the record, I worked for 25% 30 years ago.
     
    86scotty, TallJoe and Deere hunter Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

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

  • Draft saved Draft deleted