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03-20-2009, 07:26 PM
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Quote:
Originally Posted by Cabrat
Great answers everyone ...really appreciate the come back.
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If you're still following, someone making 30% is probably driving a company truck. Company drivers are sometimes paid percentage, too.
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03-20-2009, 08:39 PM
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The O/O I drive for gets 80% + fsc + deadhead if its over 300 miles.
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As I sit looking all around,
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The answers are there,
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Optimistic and hopeful dreams,
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The future I do not know,
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03-21-2009, 02:09 PM
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all right so let the, hit the fan.
I run for 75 percent
I pay everything.
Its his trailer and comany.
long pulls 3700 kms $10,000
short pulls 10 kms $200
worst month total gross $23,000
best month total gross $46,000
total gross for the year $316,000
25 percent of total gross is the companys.
most of our loads are by the load,
will you take this from a to b for this, yes or no.
rember it is you that meets the customer,
you are only as good as your last load.
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04-19-2009, 04:07 PM
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Percentage will probably work out better for you if the company has high paying freight. If the load pays $10000 from Decatur IL to Los Angeles CA area with several drops in the area and you get 68%. You made $6800. If you take this for $1.20 + fsc you will make about $1.37 per mile on approx 2000 miles plus stops $350, so $2740 + $350 = $3090. Your carrier made more than you did under this deal ($6910). I know a carrier using o/o's on this lane weekly and making nearly $7000 per load. Which is better percentage or mileage? Go percentage, run high dollar freight and make good decisions. Stop thinking like a company driver, you dont need a lot of miles to make money.
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04-20-2009, 03:54 AM
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Silly LOADIT. How does it feel to be wrong? If an o/o did that he could gross over 300K in a year, even with a crappy backhaul on a 50 week running year. And we all know that's imposible. Please quit lying to people on CAD
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04-20-2009, 12:15 PM
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Quote:
Originally Posted by BanditsCousin
If an o/o did that he could gross over 300K in a year, even with a crappy backhaul on a 50 week running year.
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Sure could! If a person did it 50 weeks a year, which is unlikely to happen. That's akin to CRE using 165,000 miles as their base line for their O/O's. Sure - it is technically possible, but in the real world, it isn't gonna happen. Especially with specialized freight.
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04-20-2009, 12:50 PM
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Quote:
Originally Posted by BanditsCousin
Silly LOADIT. How does it feel to be wrong? If an o/o did that he could gross over 300K in a year, even with a crappy backhaul on a 50 week running year. And we all know that's imposible. Please quit lying to people on CAD
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Bandit, I have to side with Rev about your $300K yearly revenue until you prove it. Rev once posted his Tax forms to make his point,....so why dont you? I really hope that you did make $300K, but I think we all would like to see it. Also the scenario I posted, 1 truck could not do 1 load per week, because one load would take 4 to 7 days depending on the driver and the stops, etc. As you already know.
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04-20-2009, 01:11 PM
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My old Swift trainer DID show me his tax paperwork, his taxable income was $272,000 AT SWIFT a couple years ago. Of course he is an O/O, been doing it for 30 years, and has been with MS Carriers/Swift for nearly 17 years.
__________________
My Trucking Blog: http://matcattruckin.blogspot.com/
Website I am making for drivers: http://www.4thedriver.com
As I sit looking all around,
Confusion and uncertainty is all I found.
The answers are there,
But I do not know where.
Optimistic and hopeful dreams,
Are all I have so it seems.
The future I do not know,
So all I can do is take it slow.
But I do know it will work out,
So I wait and watch without a doubt.
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04-20-2009, 01:14 PM
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Not to mention his truck was completely paid off during that entire year, had no major breakdowns or repair costs, and trained a lot of students as well that year. His year before that was something like $220,000, and was only expecting about $180,000 the year I trained with him. Last year he only made $165,000
__________________
My Trucking Blog: http://matcattruckin.blogspot.com/
Website I am making for drivers: http://www.4thedriver.com
As I sit looking all around,
Confusion and uncertainty is all I found.
The answers are there,
But I do not know where.
Optimistic and hopeful dreams,
Are all I have so it seems.
The future I do not know,
So all I can do is take it slow.
But I do know it will work out,
So I wait and watch without a doubt.
|
04-20-2009, 01:31 PM
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Quote:
Originally Posted by matcat
My old Swift trainer DID show me his tax paperwork, his taxable income was $272,000 AT SWIFT a couple years ago. Of course he is an O/O, been doing it for 30 years, and has been with MS Carriers/Swift for nearly 17 years.
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That sounds like a lot of money for a mileage carrier.
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