Whats of the point of being an owner-operator for .90 a mile.

Discussion in 'Ask An Owner Operator' started by mtetransportation, Jan 23, 2015.

  1. scottied67

    scottied67 Road Train Member

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    The 90centers like to cheerlead their company-- they pay my tolls they pay my ifta they pay my qualcomm they gave me a hot dog last year and a belt buckle they pay my 2290 they pay for the trailers blah blah blah.

    Sure, they are paying for it with your money! Plus they are short miling you to death and stealing even more of your money then patting you on the head like a little puppy. Awe shucks I see you put your home time request in 3 weeks ago but there just ain't no loads going your way (that pay enough profit for us the mega BFI). And you got no way to contest it, these people in the office lord over your business. \
     
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  3. Chris50

    Chris50 Medium Load Member

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    I did the .90 + fsc at Werner for a few years as that was the only trucking job I ever had.Company driver,saved,bought truck with cash from them. You can imagine my shock after i moved to Landstar a little over 6 months ago and saw what ive been missing :) I picked up their system very easily. Work way less, make way more money. Kicked myself so many times for the 10s of thousands i missed in those years, but it is what it is. Live and learn.
     
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  4. rjgcape

    rjgcape Bobtail Member

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    ok owner operators what are your P&L for 2014 since they should be in now just so I have an idea if it's worth it to switch overfor me owner operator were I own the truck I would have to have a piano of 200,000is that possible with the dry van?
     
  5. Opus

    Opus Road Train Member

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    Ran steady, did $185k on Schneider Choice.
     
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  6. Ruckie

    Ruckie Road Train Member

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    I made 140ish and I took 9 weeks off last year
     
  7. crzyjarmans

    crzyjarmans Road Train Member

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    Not saying .90 CPM + FSC is great, but those companies usually cover everything but truck payment, fuel, insurance, and 2290
     
  8. EZX1100

    EZX1100 Road Train Member

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    a friend and i were discussing this same thing some time ago, when heartland express was advertising 95cpm plus fuel surcharge

    this is one of those (you learn as you go) getting your own truck for the first time and coming off of being a company driver, someone signs on to this thinking they are going to make more money

    and you will

    but its only a LITTLE more than being a company driver, and God help you if you have any mechanical problems

    then one day, you are sitting at a truckstop or a delivery and you are talking to someone who is leased onto a genuine percentage company and they are getting paid $500 for 460 mi and the other guy got $1500
     
  9. rodknocker

    rodknocker Road Train Member

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    I know it might cost a little more than $1.08 a mile to operate a big truck. I got the formula from a website when the fuel was a $1.20 a gallon. The numbers given were low figures on every category. It was also a long time ago. The truck payment was $700 a month. You can do a search here on the forum and get the same answer within a few cents. I'm not organised enough to keep up with all of my expenses when I was an owner op. I pulled flats and oversized. Some van if the price was right. I didn't leave the house if it was cheap. There's no reason to drive for free. The fuel surcharge was designed to keep the fuel price at $1.21 when I was an owner op. Dunno what it is now. The buck 08 was just a guideline. Some drivers have a big truck note so the $1.08 will be much higher. I can find a breakdown of the stuff if y'all really want it. I found it on the net and it was pretty much what I Spent. Then I did a search here and they all came out to be around the same number.
     
  10. scottied67

    scottied67 Road Train Member

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    they aren't doing that out of the kindness of their heart. They are paying it with the lease operator's own money. If the years loads paid an average of $2.50 a mile and they paid the lease operator $1.20, sure they are gonna pat the guy on the head and tell him, sure we will pay for the trailer and your 2290, we'll pay for your tolls and here's a belt buckle and a hotdog thanks.
     
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  11. BigBadBill

    BigBadBill Bullishly Optimistic

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    The O/O's that are leased to a mileage based carriers are the ones that bought a job and aren't running a business. Just because you can drive a truck doesn't mean you should own one.

    The money is good and getting better in the business. But it is a business and it has to be treated that way.

    First thing is to get away from the mileage mentality and realize it is about revenue, margin and profit.
     
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