Schneider charge 2 cpm administrative for perdiem ?

That's why most l/o fail. If you don't actually understand the business of trucking how can you operate a successful trucking business?

 

Per Diem is not taxed cost them nothing...SS and comp is a 100 % deduction for Schneider...

Be Safe Out There

Captain Dave

 

If my choice was may or schnider I'd go schnieder, but only if I had a gun to my head. Granted this was years ago so things might have changed some.

I wouldn't work for either if I had a choice.

 

Depending on where in the country you are and the type of work you're doing 36 CPM for a new driver is fantastic. 36 CPM works out to about $42,000 at 120,000 paid miles. Add in bonus (2 CPM), short haul, detention, layover (another 1-3 CPM) and hitting $50K your first year is doable. $50,000 is right about the American median household income (http://www.census.gov/hhes/www/income/data/statemedian/).

A couple of years ago I was "recruited" by a driver who was talking up his pay rate. Digging into the numbers I was making more, working the same number of days (approximately), had better health insurance, and was in a newer truck. All that glitters is not gold.

Now if you live in Chicago or NYC you can make much more running local and being home every night. But both places have a significantly higher cost of living so even if you're earning more you may not be making more - if you catch my drift.

As to Per Diem. If you look back at my posts you'll see I'm very ANTI-per diem pay. However there are a few things you're over looking. The first is the Feds charge companies for running Per Diem programs in order to recoup lost payroll taxes. The second is that running the Per Diem program does require extra forms, time, etc for the bean counters. Finally there are many situations that may make Per Diem an attractive option even with the 2 CPM charge. If you can drop a tax bracket, if you're drawing a pension that has outside income limits, etc.

One size does not fit all. There are many people that are happy on Per Diem. There are also many people who like pickles. There are even a few who enjoy peanut butter on their hamburgers.

 

I'm 24 Years old I made over $55k last year. My cost of living is very low. By the end of the month I'll be 25 and will have held a cdl for 4 years. 3.5 years with schneider, and .25 years with a heavy haul / towing company. I was making $17 per hour at 70-90 hours per week. When I left I was offered $19 per hour and promised to eventually make a % of the load. Why did I leave? No benefits, no overtime, long hours (and usually illegal) and I didn't like the way the company was operated. Almost every month I get a call from them asking if I want to come back or if I want to run a load for them while I'm on home time. I can get just about any local driving job back in Oregon (and eventually might) driving dump trucks or pulling end dumps, low boys, step decks, landalls, flatbed, or even wreckers.

So why do I stay with Schneider? No stress! No dispatchers pushing me to do stuff I don't want to! I've never had a problem with miles or pay! I rarely have to deal or even to speak to my dbl. I get to do my job With no interference. With the workflow, e logs, direct deposit, etc it's probably the easiest money I've ever made.

 

In a month or 2 I'll be bumped up to 38cpm

 

Because Oregon is a horrible place to do Choice from...

I know a driver who did Choice from there, lasted six months. He refused to leave the Western 11 states and come East where the money is with Choice...

Different strokes for different folks...

Roll on...

 

40% failure rate

Health insurance, 401k, and vacation pay equalise the total income package

Want to put capital to different use (ie buy house, pay debt)

A phobia of of paperwork and accountants.

A few reasons not to go L/O on choice.