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Thread: independant contractor

  1. #1
    Join Date
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    Default independant contractor

    I'm wondering how many drivers latch on to a carrier. And I'm also wondering how drivers how drivers make it on .87 -1.25 is there a formulation I'm missing take it for granted theydo take care some of the perks like plates tags insurance permits

  2. #2
    GMAN's Avatar
    GMAN is offline Administrator Board Icon
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    Some of them must be getting one heck of a fsc. The reason so many of those carriers pay base plates and permits. Most receive a significant fuel discount or can purchase fuel at company terminals at a large savings. Even with some of the so called freebie's and fuel discounts, I don't see how some of them are making it. Many don't.

  3. #3
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    highest fsc i was offered was .37 on the dollar. yea they did tel me they would pay base plates some of the insurance bill permits and give me an fsc ( wich varies ) from company to company some do give great discounts on tires and parts or a free truck wash but like you said at there terminals. i just don't see it working!

  4. #4
    Tobytob is offline Member
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    It hard.. i'm leased to a company now and I do ok, compared to where I was with another company. I can at-least see some money for the runs I do, But I have to run.. This business is in the tanks. No man or woman should have to work this hard just to get by. breakdown and forget about any pay for that week. It tuff, I have 5 months left on the truck I'm currently in and I want out after it paid off. Tired of the same old story every where. Actually I would love to go Indy, but all the stories of broker mis-mangement and thieves. I think I will probably just hang it up, then again talk to me in a couple months, might change my mind who knows..
    I would rather run my own plates and you pay me for it, just take care of the cargo insurance and the permits and Im ok. But as always there is something behind all the perks.. fuel surcharge here fluctuates weekly, i've seen .32 all the way up to .42. they are keeping some because they pay for reefer fuel.. all in all Im doing way better than I was with that other company out of AR. they suck big time

  5. #5
    solo379's Avatar
    solo379 is offline Senior Board Member
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    It's all depends, some could do better on their own, some shouldn't be O/O at all. And i don't know guys, but lately my FSC , depending on a customer, was between $0.52-$0.58. 30-40CPM not even close....
    Pessimist,- is just well informed optimist!

  6. #6
    Maniac's Avatar
    Maniac is offline Senior Board Member
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    Default

    But as always there is something behind all the perks..
    The company NEVER does anything that doesn't benefit them FIRST.............and you maybe a little

  7. #7
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    Default

    Quote Originally Posted by Tobytob View Post
    It hard.. i'm leased to a company now and I do ok, compared to where I was with another company. I can at-least see some money for the runs I do, But I have to run.. This business is in the tanks. No man or woman should have to work this hard just to get by. breakdown and forget about any pay for that week. It tuff, I have 5 months left on the truck I'm currently in and I want out after it paid off. Tired of the same old story every where. Actually I would love to go Indy, but all the stories of broker mis-mangement and thieves. I think I will probably just hang it up, then again talk to me in a couple months, might change my mind who knows..
    I would rather run my own plates and you pay me for it, just take care of the cargo insurance and the permits and Im ok. But as always there is something behind all the perks.. fuel surcharge here fluctuates weekly, i've seen .32 all the way up to .42. they are keeping some because they pay for reefer fuel.. all in all Im doing way better than I was with that other company out of AR. they suck big time
    yea i can't imagine how hard it is trying to make a living leased to a company. the most i seen was a 1.50 a mile with in the first 400 miles all the way down to 89 cents a mile over 400 miles. i run like hell when i hear i can lease the truck. hopefully this new company works out for you!! your right no independant contractor i'll say should be a company slave paying there bills working for peanuts after all your working for a wage nor charity.have you thought about brokering your own loads and having customers calling you and avoiding all the brokers? yes brokers are thieves some pay some don't some take there sweet time of paying to. i can't blame you for wanting out after the truck is paid off. i would rather run under my own athourity own plates insurance everything you'll probily be better off. iv'e seen fsc from .42 all the way upto .56.

  8. #8
    Tobytob is offline Member
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    Quote Originally Posted by ground_pounder View Post
    yea i can't imagine how hard it is trying to make a living leased to a company. the most i seen was a 1.50 a mile with in the first 400 miles all the way down to 89 cents a mile over 400 miles. i run like hell when i hear i can lease the truck. hopefully this new company works out for you!! your right no independant contractor i'll say should be a company slave paying there bills working for peanuts after all your working for a wage nor charity.have you thought about brokering your own loads and having customers calling you and avoiding all the brokers? yes brokers are thieves some pay some don't some take there sweet time of paying to. i can't blame you for wanting out after the truck is paid off. i would rather run under my own athourity own plates insurance everything you'll probily be better off. iv'e seen fsc from .42 all the way upto .56.
    Yes, Im pondering running my own authority.. But right now i'm trying to climb out of the hole. The other company I was with had me so far in debt that I had to live off cash advances for the week. Funny thing is i knew this was a bad decision when i saw my first check with them but I had not choice but to stick it out for a few years. Hey but I made it thru 2.5 years with them. walked away last year and now i'm doing better. Some time in march I should be able to step away from this current company and try my own authority. I have a cousin who running his, but he lacks the desire to work. I have no problem working just the money these people are paying. I may rent his flatbed and try a few loads there or step off and get a reefer. Either way something will happen..
    AS for FSC. yeah i know they are screwing me, but they pay for reefer fuel and told us up front they are keeping some of it, I have to respect that. They didn't lie to me and i appreciate that. all in all I stay busy with the lanes i like to run and go home when i need to.. If my truck continues to hold up, I think I will be ok.
    I know a few brokers in the business right now and they all telling me the money is out there you just have to go get it. I keep in contact with a few account managers as well, who tell me they can get me loaded any time. But i'm sure this is just the normal BS all IC hear. Either way im always willing to give things a try. So we shall see a few months from now..

  9. #9
    firebird_1252 is offline Board Regular
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    money is def. there. aparently jan, and feb are the 2 worst months (figures.. when i get all my stuff ready to go..). i personally always stay in touch with people and it seems to have worked out. i have more work then i know what to do with. best part is.. direct no broker. my father and i are taking care of what we can. if things go right i'll have 3 trailers and 2 trucks by the end of the year.

  10. #10
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    Default

    Quote Originally Posted by Maniac View Post
    The company NEVER does anything that doesn't benefit them FIRST.............and you maybe a little
    thats what i learned real fast some make it seem as there doing you a favor

  11. #11
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    Quote Originally Posted by firebird_1252 View Post
    money is def. there. aparently jan, and feb are the 2 worst months (figures.. when i get all my stuff ready to go..). i personally always stay in touch with people and it seems to have worked out. i have more work then i know what to do with. best part is.. direct no broker. my father and i are taking care of what we can. if things go right i'll have 3 trailers and 2 trucks by the end of the year.
    congratz firebird yea id'e rather go on my own and do my own brokering and be my own agent and cut out the middle man. i just can't compute it running for a 1.25 to .90 cents a mile and lasting. i talked to one driver and he said he wouldn't haul nothing under 2.40 a mile that seems fair after all the expences and your milage pay as trucks are cash *****s also.

  12. #12
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    Quote Originally Posted by Tobytob View Post
    Yes, Im pondering running my own authority.. But right now i'm trying to climb out of the hole. The other company I was with had me so far in debt that I had to live off cash advances for the week. Funny thing is i knew this was a bad decision when i saw my first check with them but I had not choice but to stick it out for a few years. Hey but I made it thru 2.5 years with them. walked away last year and now i'm doing better. Some time in march I should be able to step away from this current company and try my own authority. I have a cousin who running his, but he lacks the desire to work. I have no problem working just the money these people are paying. I may rent his flatbed and try a few loads there or step off and get a reefer. Either way something will happen..
    AS for FSC. yeah i know they are screwing me, but they pay for reefer fuel and told us up front they are keeping some of it, I have to respect that. They didn't lie to me and i appreciate that. all in all I stay busy with the lanes i like to run and go home when i need to.. If my truck continues to hold up, I think I will be ok.
    I know a few brokers in the business right now and they all telling me the money is out there you just have to go get it. I keep in contact with a few account managers as well, who tell me they can get me loaded any time. But i'm sure this is just the normal BS all IC hear. Either way im always willing to give things a try. So we shall see a few months from now..
    that was the first thing i did was get my own athority as i don't see myself lasting with a starter co and i like the freedom of driving. even though being a true owner op is still not all about the driver as the driver will still have to go where they don't want to go. i hope that you get out of the hole. the co that you worked for sounds like the one that i almost considered untill i read all the bad rap on em. i have no problem running hard i like driving and am willing to work i don't ned to be home every day or once a week. i thought of reefer but in ca they make it so impossible as ca is not small bussiness friendly and will do just about anything to prevent the creaation of jobs to boost there economy as that would raise more revenue for the state.

  13. #13
    Copperhead's Avatar
    Copperhead is offline Board Regular
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    Default

    Well, my 2011 1099 shows over $190,000 revenue. Net came in at around $70K after everything including health insurance and other goodies. Home every weekend. Off on holidays. Two weeks vacation. No... not on a dedicated run or anything. Just keep myself within a 600 mile radius of the house. Guess that getting $.96 - $1.12 a mile base rate is not so bad. You have to factor the entire package and the results and not just look at a cents per mile base rate thing. My only cost to the carrier is $10 a week for the qualcomm. Probably would have a cow about that, but it has a pretty darn good truck specific GPS navigation system in it so I don't need to buy one.
    Last edited by Copperhead; 02-09-2012 at 07:20 AM.
    A superior driver uses superior judgement to avoid situations which require superior skill.

  14. #14
    Creek Jackson's Avatar
    Creek Jackson is offline Senior Board Member
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    Quote Originally Posted by Copperhead View Post
    Well, my 2011 1099 shows over $190,000 revenue. Net came in at around $70K after everything including health insurance and other goodies. Home every weekend. Off on holidays. Two weeks vacation. No... not on a dedicated run or anything. Just keep myself within a 600 mile radius of the house. Guess that getting $.96 - $1.12 a mile base rate is not so bad. You have to factor the entire package and the results and not just look at a cents per mile base rate thing. My only cost to the carrier is $10 a week for the qualcomm. Probably would have a cow about that, but it has a pretty darn good truck specific GPS navigation system in it so I don't need to buy one.

    Who are you leased to, Copperhead?
    Remember,,,,,,, If you eat a live frog first thing every morning, you can rest assured it will likely be the worst thing you will have to do all day.

  15. #15
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    Quote Originally Posted by Copperhead View Post
    Well, my 2011 1099 shows over $190,000 revenue. Net came in at around $70K after everything including health insurance and other goodies. Home every weekend. Off on holidays. Two weeks vacation. No... not on a dedicated run or anything. Just keep myself within a 600 mile radius of the house. Guess that getting $.96 - $1.12 a mile base rate is not so bad. You have to factor the entire package and the results and not just look at a cents per mile base rate thing. My only cost to the carrier is $10 a week for the qualcomm. Probably would have a cow about that, but it has a pretty darn good truck specific GPS navigation system in it so I don't need to buy one.
    you got a great deal going for ya. i think i myself would rather stay regeional. as i feel the otr drivers get shafted alot as far as miles.

  16. #16
    Copperhead's Avatar
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    Quote Originally Posted by Creek Jackson View Post
    Who are you leased to, Copperhead?
    Fremont Contract Carriers, Fremont, NE. Truck 555. Been with them for just over 4 years. I live in Central Iowa, I keep my running mostly between Nebraska and Ohio, and north of I-70. Most of the guys run 48. I got on with them just after they started a Midwest "regional" kind of thing, and that is what I chose. I would say that my revenue is ball park of what most everyone makes. Some more, some less. FCC states out front that $200K revenue is doable by most people. I wouldn't argue with that. And considering they have a good fuel surcharge rate that is recalculated every Monday, and some pretty good discounts on fuel (both in and out of the company network) along with either no fuel card charge or a maximum charge of 75 cents, and the stop off pay is $75 for the first extra and $100 for each one after that, and detention pay is pretty good. On one run, the customer wanted it at 6PM. I got there at the appt time, but they didn't get me done till just before 7AM the next day. I was able to do a 10 hr break (which I needed to do anyway because I was at the end of my 14 when I got there), and still got $375 for detention. The miles they calculate are pretty close to reality. My average out of route miles for each year has come in at a hair over 3%. Base plates are mine, but FCC reimburses 100% to me each year. Nice little perk.

    And I have turned down a few loads. There is no just taking what they give you, but the customer base is pretty good so it is rare for me to balk at a load.
    Last edited by Copperhead; 02-11-2012 at 12:51 AM.
    A superior driver uses superior judgement to avoid situations which require superior skill.

  17. #17
    BruceLee is offline Rookie
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    New guy here. been reading this thread and as a new owner operator am searching to find the best deal I can. I have my own authority now. I have a 98 378 Heavy Spec Pete. I was hauling trash for my first 6 months in New York. 600 mile turn one load a day was paying 1,200 a load less 450 a week trailer rental. It was tearing up my truck and the owner holds 6 weeks back pay and hes on shaky ground financialy. Currenty hauling Propane but with the warm winter and low senority position the good paying loads are scarce.

    Heres an ad I'm interested in from local Craigs list and was wondering if any of you guys ever heard of this company or maybe know of someone around the New York area worth working for. Thanks

    Owner Operators

    Black Dog Trucking

    Paying 85% of the total load
    Home every weekend if wanted
    No forced dispatch
    Liberal rider policies
    Vans -- flats -- drops -- and reefers
    trailer rental @ 95/wk
    Paid every week
    Fuel card
    Base Plate program
    Insurance
    Excellent health insurance available
    Tire program (Good Year Drives @ 240)
    Maintenance in our shop @ $25/hr

    Gross 4500 -- 7000 / wk

  18. #18
    sjmay is offline Member
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    Bruce,

    Email me at sjmay111@yahoo.com

    Thanks,
    Sam

  19. #19
    briar rabbit is offline Rookie
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    I work for a company out of N.C. I have my own truck and trailer ( flat bed ) I run under there authority.They have there own customers to get loads from so no brokers involved.I pay ins. and fuel and they keep 9% of what ever the load pays.Averages out to be around 1.65 Mile.Home every other night.

  20. #20
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    ok who gets the loads first the indepandant contractor or the company driver?? as i heard two different versions to this story.

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