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Old 07-25-2006, 01:15 AM
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Default Making 100,000 per year?

can you take home 80,000 to 100,000 per year after taxes driving truck? Some of these companies say you can. I want to know what you all think. 8)
Anne Marie
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Old 07-25-2006, 01:26 AM
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The first year driving a truck a new driver will probably take home $30,000 to $35,000. The second year an ambitious driver may earn up to $50,000.

$80,000 to $100,000 may be possible for a team. To earn that much each driver will be working at least 70 hours a week.
(EDIT: These figures are before taxes. This is your gross pay)

Rule #1: Recruiters for companies LIE.
Rule #2: If a recruiter seems to be telling the truth, refer to rule #1.
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Old 07-25-2006, 01:26 AM
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If your an o/o you can make 200k a year , just with the expenses taken out it will still probably be well under 100k . There are rare exceptions but you can make 100k a year , my friends dad works for Wayne Dalton Corp and takes garage doors up to Nova Scotia and back to Ohio every week and is home weekends and makes around 105k a year , of course he has 26 years with this same private company . Wal-Mart drivers can make close to 100k , same with Yellow,ABF and UPS drivers . I was in Nashville the otehr day and a guy with 7 years with Yellow showed me his pay stub , he runs very hard , but has made 46k this year , that puts him on pace for around 90k . Other guys with bids make anywhere from 60k to 80k a year . But any common carrier you can't make 100k a year . Let's do the quick math 40cpm at 150,000 miles a year is 60k , and that is running hard .


Oh yea you said 80k to 100k a year after taxes , noway , nohow . The more you make the more they take .
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Old 07-25-2006, 01:32 AM
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I agree Rawlco ... the first year will be closer to $30,000. ... and that will depend on how many miles your dispatcher gives you and if your on time with you loads and many other factors. .... Most newbies DON'T start out at 40cents a mile .... closer to 28-32 cents a mile .... your first couple of years will be the time your proving yourself. If your serious about being a truck driver... anything is possible .
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Old 07-25-2006, 03:38 AM
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Default Re: Making 100,000 per year?

Quote:
Originally Posted by Anne Marie
can you take home 80,000 to 100,000 per year after taxes driving truck? Some of these companies say you can. I want to know what you all think. 8)
Anne Marie

Not likely, Anne Marie. For you to net that much after taxes you will need to gross $120-140M per year. That is not likely to happen driving a truck. If you are in a niche' area of the business it may be possible, if you own the truck. I have known of drivers who have grossed over $120M/yr before taxes, but those were in niche' markets and are not the norm. Most will be around $40-65M/year with a few years experience. I would be interested in knowing which companies are telling you that you can earn that much money after taxes.
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Old 07-25-2006, 03:52 AM
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Well two of the companies are Forward Air. They said gross 140,000 to 180,000 and take home 80,000 to 100,000, thats as an owner operator. And Quality Carriers said gross 200,000 take home half as an owner operator. But my husband has driven for 17 years. I dont know, just not sure what to believe.
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Old 07-25-2006, 04:33 AM
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Ooh, as an owner operator that changes the situation a little. GMAN gave good advice on that aspect.

I seriously doubt that you will clear $100,000 if you only gross $140,000 to $200,000 and taking fuel, truck payment, insurance, maintenance, misc expenses, taxes and such out of that. For leasing to a company like those a better estimate would be 25% to 35% of your gross. If you are really sharp and have good luck you could do better. If you aren't a business person it may be better to stay a company driver.

A good tool to use is the ooida cost per mile spreadsheet available at:
http://ooida.com/trucking_tools/CPM/cost_per_mile.htm
to figure your costs and such. There is a lot of information available on this forum in the Owner Operator section about how to estimate costs.
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Nothing is foolproof to a talented fool.
--------------------------------------------
The Road goes ever on and on
Down from the door where it began.
Now far ahead the Road has gone,
And I must follow, if I can,
Pursuing it with eager feet,
Until it joins some larger way
Where many paths and errands meet.
And whither then? I cannot say.

-- J R R Tolkien
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Old 07-25-2006, 04:35 AM
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Quote:
Originally Posted by Anne Marie
Well two of the companies are Forward Air. They said gross 140,000 to 180,000 and take home 80,000 to 100,000, thats as an owner operator. And Quality Carriers said gross 200,000 take home half as an owner operator. But my husband has driven for 17 years. I dont know, just not sure what to believe.

Forward Air advertises paying $0.93/ on their website. For your husband to gross $180,000 he would have to run almost 200,000 miles a year. Quality advertises $1.15-2.92. I am sorry to disappoint you, but I seriously doubt if you will clear 50% after expenses and taxes. Fuel expense alone will run $50-60M for every 100M miles driven. Then you have insurance expense, maintenance expense, equipment payments, etc., 8)
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  #9  
Old 07-25-2006, 04:44 AM
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Default Re: Making 100,000 per year?

Quote:
Originally Posted by Anne Marie
can you take home 80,000 to 100,000 per year after taxes driving truck? Some of these companies say you can. I want to know what you all think. 8)
Anne Marie
An owner/operator might gross that much, but net income could be less than that of a company driver.
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  #10  
Old 07-25-2006, 04:51 AM
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Those morons at Forward Air are full of it , the comapny drivers at Forward Air are with Landair , they advertise in newspapers that they make 70k a year , so full of it , makes me physically ill .
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