to the truck?

Was talking to a driver here in Canada.......she has friend who is O/O up here.....he was saying after all was said & done, his take home as O/O is less than when he was company man.

I am not yet OTR, currently studying....but had thought about going O/O eventually, I know this is a huge step.

Are there any Cdn, possbily Ontario O/O drivers out there who can advise on best business decisions. I realize it can be a personal decision and when comes down to $$'s is it worth it?

Who do they work for? Either they're working too cheap or they don't have their costs under control. I find a lot of o/o's don't know their true #'s.

not sure the details allan, as i didnt ask. i understand that this driver is currently o/o.

IMO, anyone wanting to know their true operating costs of any business needs to manage excellent records.

With 1 truck and 1 trailer your costs are going to be at least $145,000/year (US). You might earn $175,000 on 100,000 all miles. Depends alot on where you live and how many times you want to get home.

If you live in North Bay and want to be home every weekend you'll likely go broke. Live in the GTA, you'll be better off.

well i have made from 65,000 to 97,000 that is 78 % of the gross pay. some can earn 175,000. but that is usually teams, where the truck hardly ever stops. last year i earned 81,000. that is pulling flatbed. i was always able to make more, but i work when i want to. after all expenses i will bottom line take home approx 60% maybe a lil less. lots of factors determine that outcome. i think most people on this forum are honest & will tell you the truth. not all truck drivers in person do. i had one guy (when i fist got started) tell me he makes 3,000 a week. i was real impressed & thought about leasing to the co he was with. until my friend & trainer pointed out later looking at the man's truck, said if he made 3- grand a week why does he have 16 of his 18 tires slick as a onion? this driver carried a air hose & had to put air in his tires on every load. more to the story, but this guy was not telling the truth as i later verified myself... the way i got into the business ... it worked very well for me.. good luck..

3K per week is very doable, if my truck was paid off and my insurance was not high due to the truck being new i could make that after fuel..

Its all about how you manage your money. There is no reason why a O/Op will make the same kind of dough as a company driver unless its his own fault and no one elses..

What was your gross? By gross, I mean the number on line 7 of your 1099. I'm quite curious on this.

I grossed just under 80,000 in under 3 months this summer :)