0
How much does a company driver paid 36 cents per mile make compared to an owner operator with the cost of truck operation?
Wiki User
∙ 14y ago
There's a couple different way owner/operators and lease operators get paid. Some are paid mileage, and this works two ways - they'll either be paid a (lower) rate for loaded and empty miles, or they'll be paid only for loaded miles (at a higher rate). Others may be paid on percentage, which is based on distance, weight, and load value.. the company will be paid a certain amount for transporting a load from point a to point b, and an owner operator would receive a fixed percentage of what the company gets paid for that load to be transported. Others may run through a freight broker, and will be paid the full amount of what the load pays out, minus the brokerage fee.
In all cases, it really depends on the ability of the owner/operator or lease operator to be frugal... doing your own repairs saves money, for instance, consistent freight, for the ones paid by percentage, avoiding cheap freight, etc. There are owner/operators and lease operators who've done very well, and ones who've done very poorly.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How much does a truck driver make if he owns his truck?
According to the Owner Operator and Independent Driver's Association, the average owner-operator in 2008 had a gross income of $158,005, with expenses of $117,458, for an average profit of $49,711. A company truck driver can make well over $50,000 a year, especially on a dedicated account. So when compared side by side, being an owner operator is not as lucrative as it sounds.
What is the average salary of a over the road owner-operator truck driver?
Average truck driver makes about 45k depending how long you are at the company and your ranking with the company, hope this helps :)
Does an owner operator need a cdl license?
If the vehicle requires a CDL to be operated, then yes. An owner/operator is subject to the same licencing requirements as a company driver.
What do you call a driver in Spanish?
For the operator of an auto, "conductor (m) or conductora (f)". For the golf club, "driver". For a taxicab operator, "taxista".
Who makes more a truck driver or a crane operator?
A HGV Driver
What is a gondola driver called?
A gondola operator.
What is the name of Fred flintstones company?
The Slate Construction Company. Fred worked there as a crane operator. It was nevr quite clear what Barney"s line of work was, in one episode he was a bus driver.
How can you be in owner operator?
You can buy a truck and lease on with a company or get your own authority. Many people try going with a lease purchase program. Many L/P programs have the company in mind, not the driver.
What does mean by independent contractor or independent owner operator and how it is different from owner operator in trucking business?
Here's your answer. There's 3 different categories of drivers. 1. Company driver. This is a driver that is hired by a company to drive a company owned truck. This type of driver must do the loads that is given to him/her. The driver only has to pay for food and personal expenses. The company pays for fuel and all expenses and costs of the truck . Including fuel, tires, etc. 2. Independent Contractor/ Owner Operator. This is a driver that owns his/ her truck. The owner of the truck pays for all expenses, personal and truck expenses. The owner must pay for fuel and tires as well. The company the owner "leases" onto helps find loads for the driver/owner. Although the owner can refuse loads, he/she can only pull loads for the company that the owner leases to. The company has rules that the owner must comply with but mostly the owner of the truck is his/her own boss. A lot of owners of trucks are owner operators and most lease onto a company. It makes things easier, but still you are not totally a independent owner. You still, basically, are a company employee. Your paid more than a company driver, but you have more responsibilities and expenses. 3. Independent Owner Operator. This is a person that owns from one to several hundred trucks, even thousands. This person usually does not drive or operate a truck, but some do. An Independent Owner Operator is classified as a Motor Carrier. He/she usually has more than one truck. Even though an Independent Owner Operator can be in business with one truck and one trailer, or just one trailer. The independent owner operator can lease on a driver to pull his/her trailer. The independent owner usually has company drivers that drive for him/her and has at least two trucks and trailers, or at least two trailers. The owner has a lot of responsibilities and must find all loads himself. The owner also is responsible all bills that come to the trucking company he/she owns.
What is another term for the rank of driver operator?
corporal
What does a operator status deferred in auto policy means?
Driver who is not included as an operator in vehicle policy but has a auto policy of his own is termed as "Deferred operator".
What are car engines and motorcycle engines controlled by?
The operator or driver.
