UPS Owner operator

You could gross the same thing and drive less miles and less fuel. Horrible deal

 

Just curious, what's the $200/week insurance? Shouldn't be that much with bobtail.

 

Because that's less than a driver makes with no risk. Employee also gets health insurance included retirement and vacation pay. So you're actually working for less than an employee.

 

I estimated high on insurance, allotted $500/week to go to the truck ($26000/year,and I estimated on the low end for mileage.

 

Your $200 a week is about right for physical damage on a truck with a $2000 a month payment, plus bobtail, occ/acc, etc.

$1640/3000=.55 with no benefits, plus you get hit with self employment tax. That is a best case scenario as well, as your fixed costs aren't incremental with how many miles you run. Take a week or two off due to repairs, vacation etc, and you're going to be running in the hole. 2 weeks off is $2400 in the hole for fixed costs, which means you're not getting a paycheck for 1 1/2 weeks of running, or 3 1/2 weeks total. It just doesn't make sense when you can be a company driver these days for .55 plus benefits, paid vacation, no self employment tax, no being in the hole after you take time off. You will make MORE money as a company driver.

Oh, forgot to add, I averaged $1.25 per mile pulling a dry van in 2002 when everything was MUCH cheaper out here. A brand spanking new truck could be had for $90,000 or so.

 

Sounds too good to be true but I was on their website recently and another job board. They advertise as plates,permits, tolls and FUEL paid at NO COST.....

UPS Freight has truck driving opportunities for owner operators nationwide

Owner operators: Partner with an industry leader for higher earnings & paid fuel surcharge!
UPS Freight, the world’s leading provider of logistics, has truck driving opportunities with great rates for owner operators nationwide. We need owner operators with Hazmat to run steady freight for starting rates of $1.02 per mile, paid fuel surcharge and home time you can count on!

Our competitive compensation package is just the beginning. UPS Freight offers owner operators many great advantages to benefit their driving business:

• High starting rates of $1.02 per mile
• Loaded & empty miles paid the same
• Full fuel surcharge on all miles
• Practical mileage pay
• Fuel & tire discounts
• Plate, permits, fuel & road taxes paid at no cost
• Fast pay – within 24 hours of paperwork receipt
• Tolls & scales paid – Prepass Plus provided
• All no-touch freight; primarily terminal-to-terminal deliveries
• 98% drop & hook
• Paid orientation
• NO NYC
• Cargo & liability insurance

For more than 100 years, UPS Freight has helped keep America moving by transporting vital goods across the nation. Call our recruiters today for more information on how this exciting opportunity with an industry leader can grow your own driving business success!

 

High starting rate of $1.02 per mile.......funny

 

Where does it say fuel paid at no cost?

 

I understood it after I posted it...

It's the fuel taxes they are talking about on 6th bulletpoint