Quote:
Originally Posted by Justruckin
I keep getting slammed for not painting a rosy picture regarding trucking and the newbies. The below needs to be said, as many of these schools and recruiters are feeding many of these green horns a line of bull in my book.
Go ahead and pick my numbers apart, I think that they are pretty honest and fair as to what is really going on out here right now in regards to freight and actual miles driven in a week. And yes, I know some are doing better than others, you have your dedicated lane and local gigs. I am not speaking to you guys, but the new guy thinking of getting into this racket expecting to make a financial killing in their first or second or even third year out here. I called Swift and spoke with a recruiter for the below numbers. The one number I messed with is the 2500 to 3000 mile a week to the truck. I don't know of many solo drivers out here getting those kinds of numbers with these big outfits and our current economic situation. So go ahead and dive in.
Let's break this down for the newbies, who are all in desperate need of work and a good paying job to pay the bills... Don't most of these trucking companies state that you will make $30,000 a year to start?
OK, you go to Swift driving academy, they still charge you for school ($3900) and lodging ($500). Out of your pay comes $67 a week for the first 6 months, it breaks down to $37 for school and $30 for lodging. Now at the end of your 6th month, the payment drops to $37 a week as by then you have paid off your school lodging costs. You will continue to pay the $37 a week for another 7 months. The school note is a 13 month contract.
We go through the 18 day school to get the CDL. The school costs $3900 + $500 for lodging.
Then we take our test to get the CDL.
We get the CDL, and wait for a trainer to become available. And from reading here on this site that is taking upwards of four months to get drivers going with the trainer. Each case will vary, but it is safe to say that you will still need to eat and pay bills in that time frame, be it one week or four months.
We get to the trainer, you guys get along, you stay out for 6 weeks, maybe longer depending on how you do. You get a flat salary of $450 a week. Which $67 a week is subtracted out of your pay for the school, and don't forget taxes. $450 - .27 in taxes = $328 - $67 for school = $261.00. Now subtract at least $100 for living expenses out of that in the form of an advance... We have a net pay of "roughly" $161.00 for the week.
All right, $161 for the week, say you are out 8 weeks, that works out to.... $1288.00 or $644 a month net pay, or $21.46 a day NET.
Now, we go solo, we start at Swift @ .26 a mile. Your first week out, you get 1000 miles, which is not unusual in this economy. You have just earned your first paycheck, $260.00
$260 - .27 for taxes = $190 - $67 for school = $123 - $100 advance for food which leaves you with $23.00 for a weeks worth of work. Now remember, we use real weeks in trucking on a 24 hour clock, which is 7 full days.
Let's break this down further, you just netted $23.00 for a week of work. Divide that by 7 = $3.28 a day for your labor.
Now you start getting some miles, you are now up to 1500 miles a week average for your first 6 months, not unusual out here in this economy. Let's do the math... We will use a four month time frame subtracting the two months for the training time that you were on salary.
Training pay, net for 2 months = $1288
Four months solo @ 1500 a week net average with a base of .29 a mile = $151.00 a week x 17 weeks = $2567.00 I spared you the deductions.
You have now been on the road for 6 months, with an average of 1500 miles for every week you have been out. You have a NET pay after all expenses of $3855.00 for 6 months of work. Or $148 a week or $21 a day.
Now lets say you make it 6 months on this pay, which moves up on a scale at Swift. At 6 months you are now making .32 a mile and are now averaging say 1800 miles a week. 1800 x .32 = $576 - .27 for taxes = $420 - school @ $37.00 = $383 - $100 advance = $283.00 a week net income.
Now, lets say you take no time off and work the remaining 26 weeks of the year. You will net $7358.00 for 26 weeks or $40 a day.
So let's add up your annual NET income for your entire first year. $1288 + $2567 + $7358 = $11,213.00
That averages out to a NET of $216 a week, or $31.00 a day. You get all of this, plus a roof over your head in an 8'x8' box to live in rent free with all of the junk food you can afford to eat. Every time you hit a truck stop, it will cost you roughly $10 to eat fast food or $15 for a sit down meal, that is roughly $25 a day to eat. Unless you have a fridge in your truck and shop at WalMart and eat out of a can or lunch meat. And then lets not forget showers. Showers are around $10 a pop, and if you aren't running, you ain't buying fuel so no free showers. Say you take 3 a week out of your own pocket and skip a day or two. Let's do some more math... Let's say you can live on $20 a day for food, that works out to $140 a week and then throw in 3 showers at $30 because you don't like wandering around feeling and smelling like a pig. That is $170 a week right there and trust me, you are not getting much for that $20 a day in food.
Now run the numbers again, can you live on $100 a week out here? And what if you smoke? Add that to that $170 figure. And remember, you can only live on .99 hot dogs for a very short period of time before you get to the point you gag when see the rotisserie. And if you think you will fast food it, I was in Dallas TX a few months ago, it was $7.90 for a Whopper and near $10 for the meal deal. Salads were running $7 with out a drink.
I could do this all day long, I have done this stuff, and the numbers do not lie, math is math. And math is the main reason I sold all of my equipment and hung it up. I got lucky, as most of my friends have lost their homes and families. Trucking today is like Amway.
Hey, I just hate seeing people get into this racket without knowing what they are truly in for. This is not some fun and games occupation to just jump into where you make lots of money, especially if you have bills and responsibilities. It took me near ten years before I actually started to earn what I would consider a living wage. But I did not have anything when I got into this racket, I was young, recently divorced, lost everything and needed a roof and a few squares a day. Trucking fit the bill and allowed me to simply survive. I remember many times calling home and asking for money from my parents just so I could eat.
With 20 years under my belt and a squeaky clean record I can honestly tell all of you, I could not afford to be a company driver at these wages. Wages that have not gone up in over thirty years.
This is a good post but I ran your numbers and they do not add up.
$30/week school over 26 weeks comes to $780 which is over the $500 figure you said was charged. Does Swift charge interest on this "loan"?
$37/week for School X 56 weeks (13mths) comes to $2,072. $2,072 + $780 = $2,852 which is neither the $3,700 school or $4,400 which is school plus lodging.
Even at $67/week for the full 56 weeks you still come up to $3,752 not $4,400.
Your base when training is a flat $450 - $67 training + $383/week. This should put you in the 15% bracket so I would lower my with-holding to that amount. $383(.15)=$57.45.
$383 - $57.45 = $325.55 takehome. Actually, I would figure out how much I would make over the year and at this amount of money would lower my withholding to 0 as my tax liability would be 0 at the end of the year.
Keep in mind that schooling is tax deductable as a job retraining expense (correct me on this but I'm pretty sure it is) so you will get this amount back at the end of the year. That won't help you now, though.
$325 - $100/week on the road leaves $225 for you. I lived on the road in my truck for 3 years and never spent $100/week. You can get a footlong sub deal at subway for $7 and eat half for lunch and half for dinner plus a small meal breakfast. This will lower your daily meal cost and keep your from gaining 100lbs. I also bought fruit and canned food like tuna to eat one meal a day and further lowered my meal expenses but I'm not a fussy eater and didn't mind doing this. However, if you like to go to movies or whatever then, ok, $100/wk expenses. Keep your meal receipts and itemize and you'll get it back. Again dosn't help you now.
I never paid for a shower on the road when I started out and can count the number I paid for out of my pocket over the last 18 yrs or so on one hand. Fueled everyday and got a free one and used it. Shower expenses are deductable also.
Is $225/week enough to live on? depends. If you have a wife and kid at home and she dosn't work then of course not unless you already own your home and have no debt. Single kid out of high school or college then probably.
You have a great post. Forget the numbers, all of this is something new drivers should consider before signing up. The trucking companies always tell you about the "big money" your going to make and few newbies sit down to run the numbers of how they are going to get there. Can you afford to start in a new field and pay for this? And make little money doing it? Yes all the expenses are deductible and you might even find a government program to pay for your schooling but its not much money at any rate to start.
When I started I was single, had no debt and no wife/kids/girlfriend. I went to a training cdl mill and they wanted something like $7,000 and I said "why the hell would I pay you for this when Swift pay for the school and lodging and give me a job? I didn't care about the money as I didnt need it and looked at it with that in mind right from the get go. It was re-training in a new field and I did not expect to make a lot the first year and I never believed anybody that tried to tell me something different. I was not disappointed when I didnt make much either. Everyone should think long and hard and run the numbers like you did before deciding to switch fields and go into trucking.
You are right about the wages in the last 30 years. I'm making roughly the same now as I did 10 yrs ago which with inflation is less than that. Sucks and very few can argue that Drivers are not due for a raise.
Forget the money which in the beginning and for years afterward really isn't that much but is something and ask yourself "will my marriage survive my being gone 3-4 weeks at a time"? Thats the bigger question and for far too many drivers the answer is no it will not.