1. Can you make 6k per month? Withing the 1st year?
Personally I think everyone is just dancing around this question and not answering it because we would all like to think that it was possible. My answer is NO you cannot do this, not within the first year. Even if you can do this somewhere (maybe after a few years of experience), you are gonna have to be very good, and working like crazy (probably six or more days a week) with a lot of physical loading/unloading of goods.
2. Can you make 250k a year being a truck owner?
I say NO to this question also. Hector, I owned six trucks at once - I never made that kind of money. The key word in your question is "make." I don't want to get into arguing semantics, but truck drivers, and especially owner/operators seem to have a great difficulty in differentiating between revenues and profits. When I told you I had six trucks at once I was often times depositing more than 100,000 dollars a month in the bank. (Disclaimer here, I was not in the trucking business - I was in a manufacturing business which just happened to have it's own fleet of trucks) That sounds like a lot of money, but it wasn't money that I was "making." I had employees to pay, and a host of wolves at the door wanting what was theirs before I spent it on something else. That's the way business operates - the creditors come first, the bills must be paid, and all that money that goes toward that is not money that you are making, but rather money that you are spending (expenses). Fuel, tires, maintenance, insurance, taxes, repairs, more taxes, payroll, payroll taxes, local taxes, county taxes, state taxes, fuel taxes. The list of expenses can go on and on, and on...
There are some really great paying local driving jobs, and in fact I think it is one of the best ways to make the most money you can with a CDL , but it will involve a lot of physical labor. Some of the food service companies offer great pay packages, but you have got to be a hustler who can start his day at about three or four in the morning and give it all you've got until about five in the afternoon - then you've got to be able to keep that level of high performance up for six days straight, and do it all through out the year. That's tough, but there are some guys that do that sort of thing. What we usually find in those job sectors is that people burn out pretty quickly. It is usually not sustainable for a career, but people will bust their tails and do it for a few years and then move on to something that is not so physically demanding. Unfortunately many folks leave those types of jobs with an injury that has nagging effects on them for the rest of their lives.
Even grossing 250k in a year is stretching it a little for an owner operator I believe. If you are really good you might gross that, but it will be very tough to do on a consistent basis.
A CDL is required to drive any of the following vehicles:
An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.
You might make 6k a month but you wont take home 6k a month, maybe its a lease deal or something but after you pay expenses and fuel and etc it will be half that. $250k a year maybe if you own 20 trucks and do really good. So Im going to also go with no and no.
Yeah, running linehaul. $1,500-2,000 per week, depending on for whom you drive. But yeah, it's possible, before taxes. Not all companies hire new drivers into linehaul in their first year though. You might have to have a year under your belt before you can get out of city driving.
-mountain girl
Linehaul drivers will normally run loads from terminal to terminal for LTL (Less than Truckload) companies.
LTL (Less Than Truckload) carriers will have Linehaul drivers and P&D drivers. The P&D drivers will deliver loads locally from the terminal and pick up loads returning them to the terminal. Linehaul drivers will then run truckloads from terminal to terminal.
Yeah, running linehaul. $1,500-2,000 per week, depending on for whom you drive. But yeah, it's possible, before taxes. Not all companies hire new drivers into linehaul in their first year though. You might have to have a year under your belt before you can get out of city driving.
-mountain girl
You see doing line haul I can understand making that much doing that hustle, you get what you put in but locally and working for swift I don't think so. I came to the conclusion that he's full of it and I'm going to leave it alone. Thanks for replies everyone!
Linehaul drivers will normally run loads from terminal to terminal for LTL (Less than Truckload) companies.
LTL (Less Than Truckload) carriers will have Linehaul drivers and P&D drivers. The P&D drivers will deliver loads locally from the terminal and pick up loads returning them to the terminal. Linehaul drivers will then run truckloads from terminal to terminal.Linehaul drivers will normally run loads from terminal to terminal for LTL (Less than Truckload) companies.
LTL (Less Than Truckload) carriers will have Linehaul drivers and P&D drivers. The P&D drivers will deliver loads locally from the terminal and pick up loads returning them to the terminal. Linehaul drivers will then run truckloads from terminal to terminal.Hi everybody just an update about my brother in law, he makes 21 per hour working 40 hours a week at Swift and also gets paid by miles as well. Gross pay was over 1000 and took home about 870 dollars. I saw his check so yeah, I guess he does make that much which is good, I guess.
Hi everybody just an update about my brother in law, he makes 21 per hour working 40 hours a week at Swift and also gets paid by miles as well. Gross pay was over 1000 and took home about 870 dollars. I saw his check so yeah, I guess he does make that much which is good, I guess.
Just to be clear; grossing $1,000 per week is not $6,000 per month. In fact it's about 1/3 less. So your brother is making just under 70% of what he claimed. Unless I've missed something.
I work as a local company driver for Marten Transport and I make well over $5000/mo gross. I am paid a daily rate plus 25ยข/mile and I do a few other things daily for which I am paid a little extra (namely inventory the trailers at the 2 locations I go between). I could make more but I already work my tail off and I have come to realize that most of the extra pay from working weekends goes to the tax man so right now isn't worth it to me.
Hi everybody just an update about my brother in law, he makes 21 per hour working 40 hours a week at Swift and also gets paid by miles as well. Gross pay was over 1000 and took home about 870 dollars. I saw his check so yeah, I guess he does make that much which is good, I guess.
I never knew swift paid both miles and hourly to its drivers
Hi everybody just an update about my brother in law, he makes 21 per hour working 40 hours a week at Swift and also gets paid by miles as well. Gross pay was over 1000 and took home about 870 dollars. I saw his check so yeah, I guess he does make that much which is good, I guess.
I never knew swift paid both miles and hourly to its drivers
Neither did I. Dedicated drivers are comped differently from OTR and varies from account to account. He might be on a dedicated assignment.
OTR driving normally means you'll be hauling freight to various customers throughout your company's hauling region. It often entails being gone from home for two to three weeks at a time.
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You can ask to see his settlement or at least explain his weekly gross earnings, subtracted expenses, which would give you his net pay. Also, if he leases or owns his truck, how much does he set aside for taxes