so how much can you make as a an O/O?

Discussion in 'Ask An Owner Operator' started by morpheus, Jun 17, 2014.

  1. BAYOU

    BAYOU Road Train Member

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    WOW!!! The truth comes out that's the most accurate thing I've ever seen you say!!
     
  2. thelushlarry

    thelushlarry Road Train Member

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    I am working on my second million.
     
  3. rollin coal

    rollin coal Road Train Member

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  4. agindtown

    agindtown Bobtail Member

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    You can also become a local O/O as I did. Becoming and O/O is all about being in control and taking on more responsibility. I made 180K last year just running local. You can also make runs out and be home daily and do well. I've been driving 8 years and only stayed on the road for 1yr and 9 mo. That life was ok, but I'm a family man and it wasn't for me, but I still love driving. Depending on how you manage and run your business will determine how much you gross. Guys with the same contracts will make very different, just because of how differently every driver works & thinks. Take advice but don't limit yourself to what driver's tell you that you can't do.
     
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  5. SL3406

    SL3406 Medium Load Member

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    Do the guy a favor and tell him how much it cost you to make that 180k.
     
  6. Florida Playboy

    Florida Playboy Road Train Member

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    Probably $150k.
     
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  7. jldilley

    jldilley Medium Load Member

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    The sky is the limit when you buy your own rig! If you are willing to take initiative and make smart decisions, then there are certainly a number of situations you can thrive in. OTR or local, running your own authority or leasing your equipment on with a reputable company. I drove for a few different companies before buying a tractor and leasing on with Landstar last year. I've seen my income and freedom improve quite drastically and love being able to pick and choose the situations that I want to run in. I believe that there is much more opportunity as an owner/op having been on both sides of the fence, if you are just willing to put the extra time and effort in. That being said, I fully understand that it may not be for everybody, but if you like the added challenge and reward and are a self-starter, then this could be the right path for you. :biggrin_25520:

    P.S. One thing that you should be made to understand as a new trucker is that Lease-Operator and Owner-Operator are not the same thing, as some companies would have you believe.
     
    Last edited: Jun 19, 2014
  8. morpheus

    morpheus Medium Load Member

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    Thanks for the clarity. Your numbers are about what I figured after doing a little more research. 100k is not bad. not bad at all.

    Another question: You said lease from a co. how do you choose?

    How many weeks are you yourself out?

    Thanks!
     
  9. jldilley

    jldilley Medium Load Member

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    When you lease onto a company, you choose to run under their MC authority rather than you own. When choosing a company to lease with, you should look at several different things. What kind of freight do they run? Do I work with a dispatcher or directly with agents? Also, be sure and check out what others say about them on TTR. Some better companies to lease on with would be a company like Mercer, Landstar, Farm to Fleet or Admiral Merchant.
     
  10. jbatmick

    jbatmick Road Train Member

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    Ok, just apoint or two here. You ran 100,000 miles and were paid for all of them ? Never dead-head ? What normal lease company pays 2 bucks a mile ? Are your tires free ? Never run a toll road ? Your tag and form 2290 only 2,000 bucks ?

    Make over 100,000 a year pulling a regular flat at 2,000 miles a week ?

    Come back in a couple of years, after you have bought more trucks and tell us how that is working out for you.