What is a good pay rate for O/O leased to someone else?

Discussion in 'Ask An Owner Operator' started by Stringb8n, Jun 13, 2020.

  1. Stringb8n

    Stringb8n Road Train Member

    1,628
    2,095
    Sep 27, 2015
    0
    I have read a lot of stories about some LP drivers and even some O/O working for $0.95-$1.20 a mile. I have always noticed that other drivers and owner operators say that just isn't enough to be working for. Does anyone know where the "pot of gold" carrier is, that might pay something like $2 per mile? Or is that something you will only get if or when you get your own authority and all?
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

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

  3. Frontman

    Frontman Light Load Member

    166
    151
    Apr 4, 2012
    0
    I believe you are correct. Especially pulling dry van freight. Probably can make more as a lease o/o hauling different types of tankers, not sure, ever done that. But, you do need your on authority to make more but it can get tough starting out until you build relationships with good customers (locally where you live) and some brokerage.
     
    Coffey and Stringb8n Thank this.
  4. Stringb8n

    Stringb8n Road Train Member

    1,628
    2,095
    Sep 27, 2015
    0
    Oh i wont lease. Been there done that. I've thought about trying to buy a truck though and just wondered where the good money is. I've seen some ads online for companies claiming to pay owner operators $2+ per mile on average but they're in Chicago of all places. And all foreigners.
     
  5. mover man

    mover man Road Train Member

    1,698
    1,801
    Feb 21, 2010
    0
    Unless you go specialized Medical equipment, pharmaceuticals, house hold, blanket wrap trade shows (when they comeback) enclosed cars. Get a new ay from dry van.
    But specifically the answer to your question as I no it. Go to work for a van line on the high value spec commodities side. Or go to work for a arts and entertainment company.
    It's called glorified freight. Be prepared for lots of sitting around and goofing off. Followed by its gotta be there yesterday.
    Less miles but MORE per mile.
     
    Coffey, joey8686 and Frontman Thank this.
  6. Frontman

    Frontman Light Load Member

    166
    151
    Apr 4, 2012
    0
    Don't believe that stuff. You're been better off pulling a dry van, with your own authority, doing power only for another company, pulling there trailers until you gain enough experience and/or find your own customers. Which is hard too do being a one truck operation, but it can be done for sure. Many on here have done just that .. but they all started somewhere.
     
    Coffey and joey8686 Thank this.
  7. D.Tibbitt

    D.Tibbitt Road Train Member

    21,974
    150,605
    Apr 26, 2013
    Gettin' down westbound
    0
    Get away from mileage pay. U need to be making a percentage of the linehaul. And 100% accesiorial pay. Fuel surcharge , detention, tarp pay, tonu, should all be 100% to the truck ..... 75% of the linehaul seems to be about the averge cut for most companies u can lease on to.....
     
    Coffey and Frontman Thank this.
  8. mover man

    mover man Road Train Member

    1,698
    1,801
    Feb 21, 2010
    0
    Or do like Frontman said. Personally I wouldnt advise it. I see rates on the spot market go up and down, currently down. I'm convinced I could not NET more with my own authority that I do now leased on. But to each his own, good luck in whatever you decide.
     
    Frontman Thanks this.
  9. Frontman

    Frontman Light Load Member

    166
    151
    Apr 4, 2012
    0
    I agree with 'mover man', in these times, if you don't have your own freight/customer and you try spot market mostly, you are gonna struggle.
     
  10. D.Tibbitt

    D.Tibbitt Road Train Member

    21,974
    150,605
    Apr 26, 2013
    Gettin' down westbound
    0
    U can still find good stuff on the spot market ... never know what kind of relationship u could build out of working with some brokers...
     
    Coffey, Midwest Trucker and Frontman Thank this.
  11. bad-luck

    bad-luck Road Train Member

    3,315
    6,090
    Nov 16, 2013
    Baltimore, Maryland
    0
    That is a very broad question. The longer the miles, the lower the rate per mile. Shorter miles pay more per mile. Spot market rates go up at the end of the day when they can't get the load covered. It also depends on what lane your running what part of the country your in. The northeast usually pays a higher rate per mile. Also what time of year it is. Camberley February is a very slow month. Produce season there tends to be a shortage of Van trailers. When produce season ends, some reefer guys look for dry van work
     
    D.Tibbitt Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

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