How to be a bedbugger....
#1
09-14-2006, 01:33 PM
Join Date: Jun 2004
Location: Chicago, IL
Posts: 3,800
How to be a bedbugger....
I've seen this question asked a few times here and in the owner operator forums, but I found an article that explains it MUCH better than I can. Click the link, it says the ins/outs and profits of hhg o/o's and company drivers....
http://www.roadstaronline.com/1999/04/9904104.asp
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Mud, sweat, and gears
#2
09-14-2006, 01:41 PM
Average gross income for owner-operators: $133,045
that seems low the way you guys talk. :?:
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Truck Driving an occupation consisting of hours of boredom interrupted by sheer terror!! "All the coolie carriers suck. Log 70, work 80-100, paid for 50." - the Great ColdFrostyMug 
#3
09-14-2006, 01:45 PM
Join Date: Jun 2004
Location: Chicago, IL
Posts: 3,800
Theres a lot of reasons why...
Some guys use straight trucks, and go that route, and this also incldes class a and b local contractors. I talked to the recruiter for Wheaton and he said some guys do over 400K but their avg was abou 189,000 for all fleet vehicles. Some bedbuggers don't work in the winters, as well.
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Mud, sweat, and gears
#5
09-14-2006, 04:12 PM
Although the average net income is about $31,000, there is the potential to make a lot more ? if you know what you?re doing.
Agents can be small, with a handful of trucks, or very large, such as Graebel Atlanta Movers, with 85 trucks.
The American Moving and Storage Assn.?s annual owner-operator survey shows five-year average revenue at $133,045 and net income at $30,938.
?A new, inexperienced operator will make around $120,000 to $150,000,? says Nelson Cross, Fort Wayne, IN, a North American Van Lines contractor who?s been in the business for 12 years.
The large difference in numbers represents knowing how to load and deliver claimfree and use maximum available space,? Cross says. ?Movers get paid by the pounds by the mile, so the name of the game is density.?
While revenue of $120,000 to $300,000 may sound pretty good, keep in mind that?s gross revenue. You?ll probably get to keep one-quarter to one-third of that,
Labor typically costs about $10 per hour or $100 per day per person.
?Lumpers will eat a new or shy guy to pieces, playing on their inexperience,? says Cross. ?I always recommend new guys hire an experienced, full-time helper to ride with them.?
According to AMSA, professional movers pick up more than 33% of all household goods shipments during the three summer months: June, July and August.
I think they needed to do some more research on this article, as many of the numbers seem way off.
#6
09-14-2006, 04:13 PM
Re: HHG
Originally Posted by Sealord
Knowing the net would be more enlightening. BOL
#7
09-14-2006, 04:31 PM
I'm with Rev. on this. Bandit sent me the link on AIM tonight, and I about died laughing. Those figures are horribly skewed, and the author apparently knows nothing about what he's writing. Of course, that's pretty typical these days.
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Save a drum......bang a trucker! 
#8
09-14-2006, 06:09 PM
Join Date: Jun 2004
Location: Chicago, IL
Posts: 3,800
The rest of the article was what I was mostly talking about as afr as getting into the business and the lifestyle. The numbers are a bit off, and remember, doesn't reflect only 18 wheelers that are contractors. Plus, the 31,000 a year may be "reported" profit, not actually or vice versa
 Look past the numbers....
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