I see signs on the backs of trucks all the time that say "Drivers
wanted, $.37 per mile" and they range from $.37 to $.43 (the ones I've
seen recently anyways).
Assuming a trucker averages 50 miles an hour for 40 hours a week (2000
hours a year), that is 2000 X 50 X .40 = $40,000. And the company
pays all expenses such as lodging, gas, truck repairs, tolls...
At the same time, I doubt most truckers drive quite 2000 hours a year.
Owner/operators definately have more potential to make a larger salary
than non-owner/operators. However that potential requires:
1) Good credit --to buy the truck without an absurd interest rate
2) A good driving record --to not pay absurd insurance rates for the truck
3) Ambitions --the trucker has to assume he'll be a trucker for a long
time to make the investment worthwhile
4) Risk --If the trucker has an accident then he is out much more $$
if he owns the truck than if he does not.... and --if the trucker
doesn't find good work with his truck then he still has to make the
big truck payments
Considering these 4 things (and probably more that I missed) verses
the extra pay associated with owning the truck you drive, a trucker
must decide if owning a truck is right for him or if driving someone
else's truck is more his speed. |