I’m an independent driver with my own authority and I love it because I can do what I want to do. If I want to be at home for 3 months I can. I can make as much as I want because as an independent you are not governed because it’s all up to you because u call the shots on what u want to make that week. If I want to make 6,000 or 3,000 that week I can. For me I can’t have a man telling me how much he will pay me or when to clock out and go home not saying don’t work but u have to have a game plan on what you want to do with your life because working on a company job will take away half of your lifetime. The reason why a person don’t want the headaches being an owner is because they can’t figure out the puzzle so they would rather work on a job for 30 years. Left my company job in 2006 and never looked back because I knew I wanted to be free from the plantation and still going strong living my best life.
I want to be a truck driver , but ur right too, i prefer working on my own because, i want to take a 2-3 months off i can i think thats what my dad is planning..
In my humble opinion, I think most of owner operators have missed the point in the video. The maintenance fees and the cost of owning a business are not a out of pocket money, it's your company money. That's why you don't have to put all the money you earn in your pocket but set a salary for yourself for example and invest the rest of the money in your company so that when a break down happens or a maintenance, you don't have to work extra time just for that, you've already set money away for any cost that may occur.
im a owner op was lucky my father gave me his truck i drove it saved enough money to buy a brand new w990 cash still have my fathers old truck ill never sell it bc he is no longer with us i take it out sometimes
@Mica Rubio there’s no real answer to that question. Just find yourself a truck and go. A truck could cost $15k or as much as $120k. Even if you have the truck, you would still have to do the regular maintenance to keep it running. To buy another transmission might cost you $5k and that’s not even counting the labor. You are going to have to spend money to stay in business
Best company’s to drive for if you choose to go and drive for a company are the sysco, mclane , Benekeith etc “the food distribution” places You can make 85-115k a year. Home daily, helps keep you fit and no extra stress
O/O = more money, but you have more stress, expenses and responsibilities. Company driver = you make less money but still decent money, but less stress and responsibilities. In my opinion when you are an O/O you technically work for yourself. When you are a company driver you work for a company.
As an Driver you park your Truck in the yard and go home, whereas the Owner Operator has to spend weekend with his truck in Mechanic's Shop for Maintenance and Repair of Truck. But you get Paid for that as an extra income related to Drivers. Q. Which is Best? A. It purely depends upon personal circumstances, no one can give a general answer to this.
Do company drivers make good money though? I'm getting into trucking just to get a better career than this dead end security job. I make about 1,400 every two weeks not sure how much I'd be bringing home as a start up truck driver. Any help?
@@incogspectator3042 This totally depends upon Person, there are people who are satisfied with 1000 dollars a Month, and there are some who make 100k month and still want more. And you asked question about your Pay, it depends on miles you drive, if you are making 1400 bi weekly by driving less miles, then your pay is quite good, but otherwise it seems to be Ok as u stated you are new to Driving.
@@diegodatsuper6691 depends on the company. There are stater companies and experience driver companies. Starter companies will not start you out new with 60 cents per mile.
These guys numbers are scary high, l have a small fleet of 4 trucks and 3 reefer trailers, and my biggest FIXED COST is my Progressive Insurance. Beyond that, as long as you know how to book GOOD LOADS and STAY AWAY from those fancy name trucks, you'll be fine. Just keep this in mind, take your time. Stay away from social media and telling them what you're doing, it's discouraging. And SCARED MONEY DONT MAKE MONEY.......BE SMART AND PROSPEROUS PPL
I plan on leasing with a company until I can pay off my brother's house, and then save up to be an owner op and make good money that way. What do you recommend for a vehicle on a Class A?
You don’t need 40k saved up to do this. That’s bogus lol you’ll never be an owner if you wait to save up that much. All you need is a good truck from the start and maybe 5k saved. I bought a used truck for $8k and only had 2k saved up for repairs but I new the truck was good before I bought so I could get rolling. My advice would be to save up enough to buy a truck cash. The money you make is way different when you don’t have a truck note
I agree with you about not needing $40k to be an O/O. What woild you say is the gross percentage increase being an o/o rather than being a company driver? Let's say you're anually grossing $120K as a company driver, what would be the ballpark range gross increase as an o/o?
@@genep.6008 I don’t know of any company jobs paying 120k. In fact that’s about where most owner ops would start at. 120k up to about 200k. Unless you do special freight or something.
@@brandonwilliams3362 Ltl linehaulers after 2 years with same company like xpo, od, estes express can make that. Currently, I'm a linehauler with xpo, and this space seems to pay well. I am wondering if being an o/o port hauler or dry van would make sense. Your thoughts?
I'm an O/O of a KW W9 pre-ELD leased on to a small company. I have unlimited freedom, can self dispatch, though I use a dispatcher, and pretty much do whatever I want. I'm leased on because I don't want to deal with the headaches of insurance and all the FMCSA saftey officer B.S.
Owners complain about expenses (repairs etc) , but fails to mention this expenses are being covered by bigger earnings and still they make more money despite these expense. Expenses are part of every business. Normal business financial structure is revenue, expenses and revenues expenses is a profit. How about tax advantages with fuel etc. These complaints about expenses are immature.
Not even close to be a truck driver, and from Sweden so not as much super long haul distances. I would probably pick being a company truck driver, that way I could just come to work, drive the truck and enjoy the work, leave the truck and get home without worrying to much about unknown expences with the truck. But that may be just me being used to the Swedish employment laws :D
I worked at FedEx freight as a driver for 6 years. Left that to join my dads company and be an O/O. Got my rig and a flatbed at the age of 27 and did that for 3 years. I sold everything about 3 months ago and got hired at UPS as a feeder driver (truck driver). I got to see the best of both sides, the only thing I miss from being an o/o is deciding when you want to take a day off. I told my self I would only sell my equipment if I got picked up by a good trucking company, which I did. Couldn’t let that opportunity pass me by.
UPS probably the best company job in the industry. I don’t blame you can’t go wrong working for those guys. The benefits and pay are top of the line. How did you get in?
I’ve my CDL license for about 3 years but I never worked yet because of my family and my kids I can’t go away from them but now life getting hard things getting more expensive I have to go on road I’m so nervous wish me luck guys 🥺😭
Guys been driving for 13 yrs now thinking about becoming owner ops but it’s my first time got money saved but need that advice to take that leap of faith
To the first guy.... Im an owner operator also....yes. you do make much more money than company drivers....but... you also have expenses that company drivers dont have...quarterly taxes, fuel, maintenance, etc.. after ALL expenses, only way you really make more than company drivers, is when truck is paid off and/or build a fleet I am an owner...this February is 4 yrs...so I know Owner operator is not for everyone
@@ryanlevron1972 oh in sharing expenses/helping me out a bit. I’m currently interested in becoming in the trucking business but need more information before start. Sorry to disturb
@@moe4559 your not disturbing me I just needed to understand what you wanted Expenses.... Quarterly taxes Annual tax Permits Fuel Insurance Have to have money for maintenance and repairs Possibly a truck payment......
@@ryanlevron1972 I was honestly a bit curious on truck taxes. (Insurance) I personally would be interested in purchasing a truck of my own in the start of my career. Being a company driver isn’t all that in my opinion.
Pro and cons are easy to say. If you want enjoy your family and life without headache or stress with a normal financial life keep driving for a company. If you want to live better financially and with all of that above become owner operator.
As a possible beginner I would think that one issue with being an owner/operator is the simple fact that you have to find loads to haul. I like the idea of owning my own truck (I really like the idea of owning my own fleet) but I am currently VERY low on money so if I got into the business I would probably need to start as a company driver.
As a Owner Op. With own authority Record every mile and every fuel receipt for IFTA and pay, record every trip for PerDiem, record every expenses for tax return and deal with trailer repair, form 2290, permits and renewals audits and more.
The hardest part of becoming owner operator is to age your dot/mc numbers for a year before actually getting started because no brokers want to give you a load because your company is too new
Being new, no cdl. I’m thinking that getting a cdl through a company and working for them for the next 3 years local might be the move for me. 😅 learn what I can and keep it pushing. I don’t think I’ll ever opt into being an owner operator. I’d be comfortable with 65+ a year as a company driver. I’ll work my way up to that
Owner Operator guy is giving more pressure on the breakdowns that lead me to the question that how often fo you face the Breakdowns.? Because i guess now a days the build quality of the truck or any other automobile is so well that they hardly fail. Atleast for 2 or 3 years we hardly face any major breakdowns.
If you want to be an owner operator be careful chosing the company you work for. A good company will pass on high paying loads and take their percentage. A bad company will hold you to a steady milage rate and pocket the difference on high paying loads..I call this skimming. Some actually want you to use their fuel card and make money selling you fuel.
probably i appreciate that my dad wants me to learn a skill trade besides being a heavy truck operator is, we like to own our truck, so im able to fix what the problem is and we prefer old trucks than this new ones..and i like to take time off work when its around November-February because its just way too damn cold in canada..
I am currently a company driver and I wanna be an owner operator for the freedom. Yes iUnderstand there’s more you have to deal with but I’d rather take my freedom of when to work over anything at this point
Once again, being an owner operator is an ambitious position since you can truly achieve a lot. There are two very important things on the way to succeed in this - a dedicated driver and a good company. We are a transportation company that offers a lot of potential to our drivers and o/o because we want our team members to succeed as well as be happy about where they are. If you are still looking for a good trucking company, we are very happy to see you on our site www.eqtrans.com/. Further more this can give you more information about us and contact details. Have a good one!
I was an owner operator from 1985 to 1987. I had two trucks leash to Mayflower and it was one of the biggest mistakes I ever made back then 40 years ago it was a dead end street it was a tough way to make maybe minimum wage all these guys that say I’m making this much money in this much money they’re not doing it correctly you can’t just divide hours in the seat by the net money you need to take all the time you were tied to that truck it’s not just like another job at 5 o’clock. You go home you’re gonna go park at the truckstop you’re gonna do this you’re gonna do this shit You’re doing paperwork you’re cleaning the truck you’re doing something that’s tied to that truck as long as you are tied to that truck you need to count all of those hours against your neck and then you’re gonna find out that you’re gonna be lucky to be making minimum wage in you might even be making a little bit less. I have all the respect in the world for you guys to stay out there and do this, especially you guys. The owner operator over the road. Nobody knows what his shit lifestyle that is until you do it so you have all my respect but it’s a dead end street and I would never encourage anybody to be a truck driver.
Ok im a company local driver i make $35 dollars an hour,over 104k a year i dont touch freight i dont work weekends,if my trucks breaks oh well wait for tow truck,and get a different truck,no one touches anyones truck,all ours.401k 30 days paid vacation a year,dont wrk nites.and you o/o say you make more? Bs! If your in that yruck your at work,you can work at mcdonalds working those hours and make as much.
I have done some figuring and found that ya OP makes more money than company by $200.00 per week on average. The work before and after, insurance, plate, fuel, taxes and putting at least 13% each week for maintenance, it’s just not worth the hassle for commitment to be an owner operator in my opinion
In the trucking industry, one of the results of regulations such as the hours of service, the maximum hours you work , soon become the minimum. So if you have a big bill for repairs, where are you going to find the hours ? The wife doing paperwork, that must be counted as another employee and is added expense for the company. As I said before, divide your gross pay by 60,70 hours instead of 40 like everyone else for a true picture. Owner operators used to make much more 3 decades ago, before they get squeezed. The owner operator is just the employer's way of down loading all the paperwork and compliance and maintenance cost to someone else. Most of you are drivers, and unfit to make maintenance decisions. That is why the trucks are so poorly maintained. Every year , it is consistence, 50% of the trucks get pull off the road in widely publicized safety blitz. You have a illusion of freedom as owner operator, actually, you do not have much more freedom over a company driver. Take too many days off and you can find yourself effectively fired, especially when you are paying for the truck. Maybe it is more forgiving now with more shortages. I seen unions looking for drivers, and if they work 70 hours weeks long enough, their gross pay be pushing $200,000 a year, and people are lining up to get in. If your field really pay that good, why shortages? People will be lining up round the block to get a job with you.The time proven law of supply and demand, shortages lead to price increases, I have seen driver pay basically stagnant for long periods while you are crying shortage. The only place the price really increased is when there is the clout of a big college involved, they are charging over $8000 to train a driver. This keep up, AZ driver training will exceed what it cost to train a pilot ! You are not honestly telling people the complete story.
I make over 130 k in ups my whole family got free health insurance and people telling me I should quit my job and get a truck I have 6 weeks vacation by the way don’t know what to do this year Ima make 145k in ups feeders
Hi from France, I'm an Australian who lives i France and works in France. I drive a petrol tanker here in France as a company driver. I love your chanel. But look,i get the impression (it might be the wrong impression) that being a company driver you are not worth much. Here i work for a huge company and it's the same my management hates company drivers,not sure why, but if being an owner driver is so great why don't they buy their own trucks ? But i really do like your chanel. Have a great day 😊
If your not spending over $10,000 a year on maintenance of your truck you're not maintaining your truck. As someone absorbing all this knowledge from both sides as newbie interested...I think you're really exchanging one set of issues for another set of issues...It also seems like the owner operator route makes more money but you have more money but something makes me wonder whether all that extra money ends up going back into the truck in some way or the other..plus so many other financial responsibilities. i guess in the long run it pays off maybe not right away..just guessing
I feel as though people who fine being company drivers are complacent yeah you could still make 100k but being an owner op you could make more, regardless of the stress I’d rather make great money than good money
2:19 hey richard mate, just curious how did you get citizenship over in the us, especially to be an owner operator? (im a british guy wanting to move to the us to do this but have no clue what the best way is)
My first partner at c.r. England was a British citizen and he used a work visa to come over and drive as a company driver while he saved up and got citizenship. It's not a bad deal and you would start way ahead of other immigrants as you already possess language mastery. About 45k usd starting.
If anyone knows a really small trucking company that's hiring message me please. Only have 2 tickets,no DUI,no failed drug test never, 5 years exp, hauled dry van,reefer,stepdeck,flatbed,bulk tankers,logging trailers,containers before. Mainly reefer an dry van. I need to get back into trucking. Any help would be appreciated
@@bigryanm7083 Less responsibilities, get a flat? Call the company, they pay for everything and most times a motel room while your truck is getting fixed or at least another truck to drive.
In the thumbnail the guy on the left looks as if he smokes weed and the guy on the right looks as if he don't smoke weed meaning since he work for a company he can't but I'm sure the guy on the left smoking and probably drinking just a little bit cuz he looks like it
Not all owner operators make more money. Some of them are eating a potato for dinner. You can't just assume success as an owner operator. As a company driver, however, just keep them wheels rolling. You'll be alright.
40+ years driving. I drove for the government for 21 years and enjoy a pension and medical insurance. Now I drive local m-f, average 45 hours, gross 60k annually, home every evening and weekends. I enjoy driving. Happy motoring!
My advice: Keep searching for different points of views. He is an “O/O” but still seems to be encouraging people to go company driver instead. No as honest about it as I expected this video to be
@@DRairborneusa, my take is he seems to be more blunt and not sugar coating it. Compared some others I have heard talking about the differences between O/O and company drivers. But that's my opinion.
Truth. There’s company drivers, lease-operators, and owner-operators with their own authority. Lease-ops r shackled to the company they’re leasing from 95% of the time. Hardly any company allows lease-ops out of their contract. The break is clean or they require proof of the new company overseeing the lease; the lease literally needs to be transferred to a new company. The lease-op makes payments as usual, just under the new company that assumes/carries the lease. A real owner-operator has their own authority, and controls the truck which they’ve paid for in cash or r financing traditionally via a bank, credit union, or other lender. They can haul for anyone they choose. If a lease-op or owner-op wants to take time off, and their truck is financed (whether payments r weekly or monthly), they budget for the fact they still have a payment that week/month. If the rubber side isn’t down *AND* rolling, they’re not making money. Personally, I think one of the best scenarios is to start off as a company driver to gain experience and see if u enjoy the industry/division ur in. If u do, save money over the course of 1-3 years, finance ur own tractor with a lender say in the range of $55,000 to $75,000, put $15,000 down, and approach things smartly. There’s a massive difference between one monthly payment of $1,100 and four weekly payments of 1,200... I’d pay off the lender ASAP to maximize the tractor’s gross profitability. With no truck payment, ur number one expense is fuel followed by maintenance budgeting, if done correctly. Don’t forget taxes, insurance, and the like. Down the road if u can afford it, sure, go buy a new rig for $180,000, but put down $125,000 or buy it outright. It’s all about maximizing ur gross weekly/monthly income. Forking out $4,800 per month or $57,600 per year in truck payments isn’t a smart way of doing so. A four year lease at $1,200 per week is $230,400. At that point I think u overpaid for the truck.
From what I've seen so far people who love company driving are either beginners just getting into the business or owner-operators that went from company to owning their own equipment and realized that emissions trucks are a detriment to success so they threw in the towel
THE VEDIO WAS GOOD HOWEVER IF YOU COULD MENTION NUMBERS /PERCENTILE IT GIVES THE VIEWER A CLEAR UNDERSTANDING vs. PRO's & CON's . GROSS PROFIT MARGIN FOR EXAMPLE
QUESTION. I BELIEVED THE PYROMETER WAS ONE OF A Sophisticated PIECE OF EQUIPMENT... HOWEVER....IT DOES NOT. DETECT AND OR EXTINGUISH A FIRE IN THIS PARTICULAR HEAVY USE EQUIPMENT: SEMIs...why? #ANSUL FIRE SUPPRESSION SYSTEM...
The BBC did a segment a while back where they would show their footage without narrative/commentary (one example that stuck out to me was combat in a Syrian village). I'm getting those vibes with how this video is edited.
You have to maintain it and it's very expensive and the Gas, Insurance it's not even worth it unless you have a lot of money to back-up all those bill's.
There is more pros to being a company driver that nobody mentions. 1 Health insurance: my company pays 80% I pay 20%. They pay over 1500 a month 2 pension: My company pays 5.50 per hr I work towards my pension and we are one of the lowest, some pay up to 12 bucks per hr you work. 3 Paid vacation. 4 holiday day pay wich if you work them it's at double time and a half 5. Paid sick time off. 6. Paid personal time off. 7. And Grossing 95,000 a year.
@@yoguttier3324 that’s awesome if you buy at the right time that’s big, for trading not to mention you’ll know when the companies doing well before anyone else
I've been away from the trucking business for about 35 years as a union ironworker now that I'm retired I bought a truck and trailer and I can't believe what a disgusting mess the trucking business is you people of let the government walk all over you what a bunch of chickenshits.
I’m an independent driver with my own authority and I love it because I can do what I want to do. If I want to be at home for 3 months I can. I can make as much as I want because as an independent you are not governed because it’s all up to you because u call the shots on what u want to make that week. If I want to make 6,000 or 3,000 that week I can. For me I can’t have a man telling me how much he will pay me or when to clock out and go home not saying don’t work but u have to have a game plan on what you want to do with your life because working on a company job will take away half of your lifetime. The reason why a person don’t want the headaches being an owner is because they can’t figure out the puzzle so they would rather work on a job for 30 years. Left my company job in 2006 and never looked back because I knew I wanted to be free from the plantation and still going strong living my best life.
Hey Sir.
How are you doing? I hope I am not disturbing you?
Are you working as a truck owner operator
Hey Sir.
How are you doing? I hope I am not disturbing you?
Are you working as a truck owner operator
I want to be a truck driver , but ur right too, i prefer working on my own because, i want to take a 2-3 months off i can i think thats what my dad is planning..
This is what I want but not sure how to do it I know the first step is getting a CDL any advice for a newbie
@@aaronica1936 go for it. Protect your license, make sure your rig is ready for the road and roll on. 👌
In my humble opinion, I think most of owner operators have missed the point in the video. The maintenance fees and the cost of owning a business are not a out of pocket money, it's your company money. That's why you don't have to put all the money you earn in your pocket but set a salary for yourself for example and invest the rest of the money in your company so that when a break down happens or a maintenance, you don't have to work extra time just for that, you've already set money away for any cost that may occur.
im a owner op was lucky my father gave me his truck i drove it saved enough money to buy a brand new w990 cash still have my fathers old truck ill never sell it bc he is no longer with us i take it out sometimes
11.000$ gross per week .who is interested?
I like being an Owner operator because I like working from March to December so I can take 3 months off to spend in a warm climate..
What would draw you to work with a company?
Hey Sir.
How are you doing? I hope I am not disturbing you?
Are you working as a truck owner operator
@Mica Rubio there’s no real answer to that question. Just find yourself a truck and go. A truck could cost $15k or as much as $120k. Even if you have the truck, you would still have to do the regular maintenance to keep it running. To buy another transmission might cost you $5k and that’s not even counting the labor. You are going to have to spend money to stay in business
11.000$ gross per week .who is interested?
Being an owner driver can also slowly turn you into a truck mechanic
yes this is true..
11.000$ gross per week .who is interested?
If you keep up you be fine
So true. I started not knowing much. With lots of help on youtube, u eventually know how to maintain and fix your own equipment.
Best company’s to drive for if you choose to go and drive for a company are the sysco, mclane , Benekeith etc “the food distribution” places You can make 85-115k a year. Home daily, helps keep you fit and no extra stress
O/O = more money, but you have more stress, expenses and responsibilities.
Company driver = you make less money but still decent money, but less stress and responsibilities.
In my opinion when you are an O/O you technically work for yourself. When you are a company driver you work for a company.
Hey Sir.
How are you doing? I hope I am not disturbing you?
Are you working as a truck owner operator
@Mica Rubio Hey Sir.
How are you doing? I hope I am not disturbing you?
Are you working as a truck owner operator
Anything worth having, is worth working for, and OUR TOTAL control over our FREEDOM , is worth becoming an OWNER OPERATOR for
@@abdulloherkinogli686 i am reporting your profile
11.000$ gross per week .who is interested?
As an Driver you park your Truck in the yard and go home, whereas the Owner Operator has to spend weekend with his truck in Mechanic's Shop for Maintenance and Repair of Truck. But you get Paid for that as an extra income related to Drivers.
Q. Which is Best?
A. It purely depends upon personal circumstances, no one can give a general answer to this.
Do company drivers make good money though? I'm getting into trucking just to get a better career than this dead end security job. I make about 1,400 every two weeks not sure how much I'd be bringing home as a start up truck driver. Any help?
@@incogspectator3042 This totally depends upon Person, there are people who are satisfied with 1000 dollars a Month, and there are some who make 100k month and still want more. And you asked question about your Pay, it depends on miles you drive, if you are making 1400 bi weekly by driving less miles, then your pay is quite good, but otherwise it seems to be Ok as u stated you are new to Driving.
You prepare for issues happening. Victory loves preparation.
1400 every two weeks is little bit low as a company driver nows.
@@diegodatsuper6691 depends on the company. There are stater companies and experience driver companies. Starter companies will not start you out new with 60 cents per mile.
These guys numbers are scary high, l have a small fleet of 4 trucks and 3 reefer trailers, and my biggest FIXED COST is my Progressive Insurance. Beyond that, as long as you know how to book GOOD LOADS and STAY AWAY from those fancy name trucks, you'll be fine. Just keep this in mind, take your time. Stay away from social media and telling them what you're doing, it's discouraging. And SCARED MONEY DONT MAKE MONEY.......BE SMART AND PROSPEROUS PPL
I plan on leasing with a company until I can pay off my brother's house, and then save up to be an owner op and make good money that way. What do you recommend for a vehicle on a Class A?
You don’t need 40k saved up to do this. That’s bogus lol you’ll never be an owner if you wait to save up that much. All you need is a good truck from the start and maybe 5k saved. I bought a used truck for $8k and only had 2k saved up for repairs but I new the truck was good before I bought so I could get rolling. My advice would be to save up enough to buy a truck cash. The money you make is way different when you don’t have a truck note
I agree with you about not needing $40k to be an O/O. What woild you say is the gross percentage increase being an o/o rather than being a company driver? Let's say you're anually grossing $120K as a company driver, what would be the ballpark range gross increase as an o/o?
@@genep.6008 I don’t know of any company jobs paying 120k. In fact that’s about where most owner ops would start at. 120k up to about 200k. Unless you do special freight or something.
@@brandonwilliams3362 Ltl linehaulers after 2 years with same company like xpo, od, estes express can make that. Currently, I'm a linehauler with xpo, and this space seems to pay well. I am wondering if being an o/o port hauler or dry van would make sense. Your thoughts?
@@genep.6008 the port would make sense but I wouldn’t count on dry van. Rates are low for general freight. I would get into flatbed or get my hazmat.
What has been your net the past 3 years as an owner operator?
I wasa compy driver many years then a o.o for 6 years wiht 2 trucks ready did not make money so when back to a company driver and I love it
Just remember if you’re a hard worker it will pay off lazy people will always opt out if it’s hard.
I'm an O/O of a KW W9 pre-ELD leased on to a small company. I have unlimited freedom, can self dispatch, though I use a dispatcher, and pretty much do whatever I want. I'm leased on because I don't want to deal with the headaches of insurance and all the FMCSA saftey officer B.S.
Owners complain about expenses (repairs etc) , but fails to mention this expenses are being covered by bigger earnings and still they make more money despite these expense. Expenses are part of every business. Normal business financial structure is revenue, expenses and revenues expenses is a profit. How about tax advantages with fuel etc.
These complaints about expenses are immature.
Truth
Plus expenses are tax write offs ! You are 💯 on point when you say every business has expenses it's not all just about earnings.
11.000$ gross per week .who is interested?
Not even close to be a truck driver, and from Sweden so not as much super long haul distances.
I would probably pick being a company truck driver, that way I could just come to work, drive the truck and enjoy the work, leave the truck and get home without worrying to much about unknown expences with the truck. But that may be just me being used to the Swedish employment laws :D
That is true , truck driving jobs that means US , Russia , China or australia etc
I worked at FedEx freight as a driver for 6 years. Left that to join my dads company and be an O/O. Got my rig and a flatbed at the age of 27 and did that for 3 years. I sold everything about 3 months ago and got hired at UPS as a feeder driver (truck driver).
I got to see the best of both sides, the only thing I miss from being an o/o is deciding when you want to take a day off.
I told my self I would only sell my equipment if I got picked up by a good trucking company, which I did. Couldn’t let that opportunity pass me by.
Men can we talk
11.000$ gross per week .who is interested?
Congratulations man!
UPS probably the best company job in the industry. I don’t blame you can’t go wrong working for those guys. The benefits and pay are top of the line. How did you get in?
You guy’s have an awesome Channel. Keep up the great work.
Thank you! Will do!
I’ve my CDL license for about 3 years but I never worked yet because of my family and my kids I can’t go away from them but now life getting hard things getting more expensive I have to go on road I’m so nervous wish me luck guys 🥺😭
How it’s going now brother
Guys been driving for 13 yrs now thinking about becoming owner ops but it’s my first time got money saved but need that advice to take that leap of faith
Do a video on trucking school if possible. What to look for when selecting a trucking school for AZ. I heard people getting scammed by some school.
Agreed. A video on choosing the right TTSAO accredited trucking school would be appreciated
Agreed!!!
To the first guy....
Im an owner operator also....yes. you do make much more money than company drivers....but... you also have expenses that company drivers dont have...quarterly taxes, fuel, maintenance, etc.. after ALL expenses, only way you really make more than company drivers, is when truck is paid off and/or build a fleet
I am an owner...this February is 4 yrs...so I know
Owner operator is not for everyone
how much are expenses and what is a range of what you make a year (if your interested)
@@moe4559 if im interested in what??
@@ryanlevron1972 oh in sharing expenses/helping me out a bit. I’m currently interested in becoming in the trucking business but need more information before start. Sorry to disturb
@@moe4559 your not disturbing me
I just needed to understand what you wanted
Expenses....
Quarterly taxes
Annual tax
Permits
Fuel
Insurance
Have to have money for maintenance and repairs
Possibly a truck payment......
@@ryanlevron1972 I was honestly a bit curious on truck taxes. (Insurance) I personally would be interested in purchasing a truck of my own in the start of my career. Being a company driver isn’t all that in my opinion.
Pro and cons are easy to say. If you want enjoy your family and life without headache or stress with a normal financial life keep driving for a company. If you want to live better financially and with all of that above become owner operator.
@hello Rafael how are you doing?
@@lydiaanderson0083 doing well.
Gotta say I really like the setup of this video.
As a possible beginner I would think that one issue with being an owner/operator is the simple fact that you have to find loads to haul. I like the idea of owning my own truck (I really like the idea of owning my own fleet) but I am currently VERY low on money so if I got into the business I would probably need to start as a company driver.
11.000$ gross per week .who is interested?
As a Owner Op. With own authority Record every mile and every fuel receipt for IFTA and pay, record every trip for PerDiem, record every expenses for tax return and deal with trailer repair, form 2290, permits and renewals audits and more.
The hardest part of becoming owner operator is to age your dot/mc numbers for a year before actually getting started because no brokers want to give you a load because your company is too new
That's true
Not to mention as a owner operator the down time with no pay when you run across a shop that holds your truck for a couple weeks to repair it.
Being new, no cdl. I’m thinking that getting a cdl through a company and working for them for the next 3 years local might be the move for me. 😅 learn what I can and keep it pushing. I don’t think I’ll ever opt into being an owner operator. I’d be comfortable with 65+ a year as a company driver. I’ll work my way up to that
I hope you achieve way more than that!
Owner Operator guy is giving more pressure on the breakdowns that lead me to the question that how often fo you face the Breakdowns.? Because i guess now a days the build quality of the truck or any other automobile is so well that they hardly fail. Atleast for 2 or 3 years we hardly face any major breakdowns.
Thanks for that. Really didnt know about loading in PDF. I have always used docx. Just getting into the biz and and I can use all the help I can get.
Glad it was helpful! Stay tuned, we have lots of videos for new drivers!
11.000$ gross per week .who is interested?
Aren’t these truck breakdowns and repair fees a tax write off for owner operators?
Yes, I am a owner operator and you get to write those expenses off.
Absolutely!
@@sharonporter9350 hey how can I contact you for advice
@@jejejeje4491 Hi, you can reach out to us at www.truckingnbusiness.com. You can find us on IG and FB too.
@@sharonporter9350 how can I find yall
Brilliant advise. Thank you Brian.
Very informative thank you.👏🏼👏🏼👏🏼
Awesome video, all seem great people. Keep on truckn.
Company driver wages are nearing 100k annually with a 401k, health insurance and much less stress.
You Are Not A "Owner Op" If You Have Lease Payments That's A "Lease Operator"
If you want to be an owner operator be careful chosing the company you work for. A good company will pass on high paying loads and take their percentage. A bad company will hold you to a steady milage rate and pocket the difference on high paying loads..I call this skimming. Some actually want you to use their fuel card and make money selling you fuel.
What's wrong w using a company fuel card?
The only way I'd ever buy a truck is if I could buy it straight up cash👍
11.000$ gross per week .who is interested?
probably i appreciate that my dad wants me to learn a skill trade besides being a heavy truck operator is, we like to own our truck, so im able to fix what the problem is and we prefer old trucks than this new ones..and i like to take time off work when its around November-February because its just way too damn cold in canada..
11.000$ gross per week .who is interested?
How do they work with or around e-logs? Is it easier being a company driver or owner operator
I am currently a company driver and I wanna be an owner operator for the freedom. Yes iUnderstand there’s more you have to deal with but I’d rather take my freedom of when to work over anything at this point
Once again, being an owner operator is an ambitious position since you can truly achieve a lot. There are two very important things on the way to succeed in this - a dedicated driver and a good company. We are a transportation company that offers a lot of potential to our drivers and o/o because we want our team members to succeed as well as be happy about where they are. If you are still looking for a good trucking company, we are very happy to see you on our site www.eqtrans.com/. Further more this can give you more information about us and contact details. Have a good one!
Go for it man..good decision.
I was an owner operator from 1985 to 1987. I had two trucks leash to Mayflower and it was one of the biggest mistakes I ever made back then 40 years ago it was a dead end street it was a tough way to make maybe minimum wage all these guys that say I’m making this much money in this much money they’re not doing it correctly you can’t just divide hours in the seat by the net money you need to take all the time you were tied to that truck it’s not just like another job at 5 o’clock. You go home you’re gonna go park at the truckstop you’re gonna do this you’re gonna do this shit You’re doing paperwork you’re cleaning the truck you’re doing something that’s tied to that truck as long as you are tied to that truck you need to count all of those hours against your neck and then you’re gonna find out that you’re gonna be lucky to be making minimum wage in you might even be making a little bit less. I have all the respect in the world for you guys to stay out there and do this, especially you guys. The owner operator over the road. Nobody knows what his shit lifestyle that is until you do it so you have all my respect but it’s a dead end street and I would never encourage anybody to be a truck driver.
Been in both areas owner op and company I prefer company side less stress
The cons of being a owner operator is if your married everyone I know wound up divorced and lost there asses to the lawyers.
İ like watching your videos. Keep going. Nice day
Good job bro
FOR O/O.11k-16k$ solo,15k-25k $ team . dedicated lanes CA
Ok im a company local driver i make $35 dollars an hour,over 104k a year i dont touch freight i dont work weekends,if my trucks breaks oh well wait for tow truck,and get a different truck,no one touches anyones truck,all ours.401k 30 days paid vacation a year,dont wrk nites.and you o/o say you make more? Bs! If your in that yruck your at work,you can work at mcdonalds working those hours and make as much.
I have done some figuring and found that ya OP makes more money than company by $200.00 per week on average. The work before and after, insurance, plate, fuel, taxes and putting at least 13% each week for maintenance, it’s just not worth the hassle for commitment to be an owner operator in my opinion
O/O is a life style
In the trucking industry, one of the results of regulations such as the hours of service, the maximum hours you work , soon become the minimum. So if you have a big bill for repairs, where are you going to find the hours ? The wife doing paperwork, that must be counted as another employee and is added expense for the company. As I said before, divide your gross pay by 60,70 hours instead of 40 like everyone else for a true picture. Owner operators used to make much more 3 decades ago, before they get squeezed. The owner operator is just the employer's way of down loading all the paperwork and compliance and maintenance cost to someone else. Most of you are drivers, and unfit to make maintenance decisions. That is why the trucks are so poorly maintained. Every year , it is consistence, 50% of the trucks get pull off the road in widely publicized safety blitz. You have a illusion of freedom as owner operator, actually, you do not have much more freedom over a company driver. Take too many days off and you can find yourself effectively fired, especially when you are paying for the truck. Maybe it is more forgiving now with more shortages. I seen unions looking for drivers, and if they work 70 hours weeks long enough, their gross pay be pushing $200,000 a year, and people are lining up to get in. If your field really pay that good, why shortages? People will be lining up round the block to get a job with you.The time proven law of supply and demand, shortages lead to price increases, I have seen driver pay basically stagnant for long periods while you are crying shortage. The only place the price really increased is when there is the clout of a big college involved, they are charging over $8000 to train a driver. This keep up, AZ driver training will exceed what it cost to train a pilot !
You are not honestly telling people the complete story.
I’m surprised to know that you guys don’t revert on emails or comments or responses.
I make over 130 k in ups my whole family got free health insurance and people telling me I should quit my job and get a truck I have 6 weeks vacation by the way don’t know what to do this year Ima make 145k in ups feeders
Hi from France,
I'm an Australian who lives i France and works in France.
I drive a petrol tanker here in France as a company driver.
I love your chanel.
But look,i get the impression (it might be the wrong impression) that being a company driver you are not worth much.
Here i work for a huge company and it's the same my management hates company drivers,not sure why, but if being an owner driver is so great why don't they buy their own trucks ?
But i really do like your chanel.
Have a great day 😊
If your not spending over $10,000 a year on maintenance of your truck you're not maintaining your truck. As someone absorbing all this knowledge from both sides as newbie interested...I think you're really exchanging one set of issues for another set of issues...It also seems like the owner operator route makes more money but you have more money but something makes me wonder whether all that extra money ends up going back into the truck in some way or the other..plus so many other financial responsibilities. i guess in the long run it pays off maybe not right away..just guessing
I feel as though people who fine being company drivers are complacent yeah you could still make 100k but being an owner op you could make more, regardless of the stress I’d rather make great money than good money
2:19 hey richard mate, just curious how did you get citizenship over in the us, especially to be an owner operator? (im a british guy wanting to move to the us to do this but have no clue what the best way is)
My first partner at c.r. England was a British citizen and he used a work visa to come over and drive as a company driver while he saved up and got citizenship. It's not a bad deal and you would start way ahead of other immigrants as you already possess language mastery. About 45k usd starting.
@@stillshakes5499 that’s pretty good, thanks mate!
@@stillshakes5499 45k for what? For e2 visa?
I want a big Western Star lol
If anyone knows a really small trucking company that's hiring message me please. Only have 2 tickets,no DUI,no failed drug test never, 5 years exp, hauled dry van,reefer,stepdeck,flatbed,bulk tankers,logging trailers,containers before. Mainly reefer an dry van. I need to get back into trucking. Any help would be appreciated
I tried the OO route and quickly realized that OO was not for me. 48 years company driver total and 35 years at my current job.
how come,sir, was it bcause the maintenance and responsibility..
One year experience zero moving violation I get my own truck am i eligible?
I agree with you.
Ditto. I’ve got a paid off truck sitting in my driveway, and I’m sitting here looking for companies to drive for as a company driver.
@@bigryanm7083 Less responsibilities, get a flat? Call the company, they pay for everything and most times a motel room while your truck is getting fixed or at least another truck to drive.
Hallo iam a truck driver here in Uganda but looking for opportunity over sea any help from you guys will be much appreciated thank
I took 5 months off every year
I have a big question. If you drive your own truck,do they still do weed test?
🤣 bro just stop smoking weed
In the thumbnail the guy on the left looks as if he smokes weed and the guy on the right looks as if he don't smoke weed meaning since he work for a company he can't but I'm sure the guy on the left smoking and probably drinking just a little bit cuz he looks like it
Not all owner operators make more money. Some of them are eating a potato for dinner. You can't just assume success as an owner operator. As a company driver, however, just keep them wheels rolling. You'll be alright.
How many of your drivers can change a tire can any of your drivers even check the oil. But I'm sure your company's making plenty of money
40+ years driving. I drove for the government for 21 years and enjoy a pension and medical insurance. Now I drive local m-f, average 45 hours, gross 60k annually, home every evening and weekends. I enjoy driving. Happy motoring!
For same job will O/O make double what C/D makes?
The guy with the white beard makes me not want to be a owner operator.
I seen him in another video his seems like a hater
My advice: Keep searching for different points of views. He is an “O/O” but still seems to be encouraging people to go company driver instead. No as honest about it as I expected this video to be
@@DRairborneusa, my take is he seems to be more blunt and not sugar coating it. Compared some others I have heard talking about the differences between O/O and company drivers. But that's my opinion.
lol
Can you be a company driver but own your own truck?
if youre leasing from the company dont say youre owner operator please
Truth. There’s company drivers, lease-operators, and owner-operators with their own authority. Lease-ops r shackled to the company they’re leasing from 95% of the time. Hardly any company allows lease-ops out of their contract. The break is clean or they require proof of the new company overseeing the lease; the lease literally needs to be transferred to a new company. The lease-op makes payments as usual, just under the new company that assumes/carries the lease. A real owner-operator has their own authority, and controls the truck which they’ve paid for in cash or r financing traditionally via a bank, credit union, or other lender. They can haul for anyone they choose. If a lease-op or owner-op wants to take time off, and their truck is financed (whether payments r weekly or monthly), they budget for the fact they still have a payment that week/month. If the rubber side isn’t down *AND* rolling, they’re not making money. Personally, I think one of the best scenarios is to start off as a company driver to gain experience and see if u enjoy the industry/division ur in. If u do, save money over the course of 1-3 years, finance ur own tractor with a lender say in the range of $55,000 to $75,000, put $15,000 down, and approach things smartly. There’s a massive difference between one monthly payment of $1,100 and four weekly payments of 1,200... I’d pay off the lender ASAP to maximize the tractor’s gross profitability. With no truck payment, ur number one expense is fuel followed by maintenance budgeting, if done correctly. Don’t forget taxes, insurance, and the like. Down the road if u can afford it, sure, go buy a new rig for $180,000, but put down $125,000 or buy it outright. It’s all about maximizing ur gross weekly/monthly income. Forking out $4,800 per month or $57,600 per year in truck payments isn’t a smart way of doing so. A four year lease at $1,200 per week is $230,400. At that point I think u overpaid for the truck.
From what I've seen so far people who love company driving are either beginners just getting into the business or owner-operators that went from company to owning their own equipment and realized that emissions trucks are a detriment to success so they threw in the towel
@hello Bob how are you doing?
THE VEDIO WAS GOOD HOWEVER IF YOU COULD MENTION NUMBERS /PERCENTILE IT GIVES THE VIEWER A CLEAR UNDERSTANDING vs. PRO's & CON's . GROSS PROFIT MARGIN FOR EXAMPLE
All Negative comments
For all you lease operators you are NOT an owner operators
@hello Dingus how are you doing?
@@lydiaanderson0083 I'm alright can't complain how about you? How are you?
@@dingus622 I'm doing good thanks.... I hope we can get to know each other and can you suggest a way we can talk off here if you don't mind
@@lydiaanderson0083 what's on ur mind? Lease operators? Owner operators?
@@dingus622 send me a text on my email b adding just Gmail to my name
Do I need to lease a truck from ET Transport, or can I bring my own truck to work for you?
James Morgan u are more then welcome to bring your own
O/Os complain about being O/Os but are still O/Os🤔
I have family members that are o/o , home every night and make really good money at the end of the week.
11.000$ gross per week .who is interested?
Owner operators is for the Big Boys.
QUESTION. I BELIEVED THE PYROMETER WAS ONE OF A Sophisticated PIECE OF EQUIPMENT... HOWEVER....IT DOES NOT. DETECT AND OR EXTINGUISH A FIRE IN THIS PARTICULAR HEAVY USE EQUIPMENT: SEMIs...why? #ANSUL FIRE SUPPRESSION SYSTEM...
The BBC did a segment a while back where they would show their footage without narrative/commentary (one example that stuck out to me was combat in a Syrian village).
I'm getting those vibes with how this video is edited.
Nothing concrete
You have to maintain it and it's very expensive and the Gas, Insurance it's not even worth it unless you have a lot of money to back-up all those bill's.
those are all tax deductible.
times and rates for owner operators are over ...
Does it really matter if u wanna be a owner op ho for it if u can deal with all b s out here.
WTF blow the motor out of truck costs 40 Grand That means as company drivers entire year revenue better off being company driver
There is more pros to being a company driver that nobody mentions. 1 Health insurance: my company pays 80% I pay 20%. They pay over 1500 a month
2 pension: My company pays 5.50 per hr I work towards my pension and we are one of the lowest, some pay up to 12 bucks per hr you work.
3 Paid vacation.
4 holiday day pay wich if you work them it's at double time and a half
5. Paid sick time off.
6. Paid personal time off.
7. And Grossing 95,000 a year.
Oh and I forgot you can buy shares at 15%off
@@yoguttier3324 that’s awesome if you buy at the right time that’s big, for trading not to mention you’ll know when the companies doing well before anyone else
Can i apply toyour cumpany my name is anthony lahora i have a licensed 1238 also driveng a ten wheler truck here in the philippines
Lol.
I've been away from the trucking business for about 35 years as a union ironworker now that I'm retired I bought a truck and trailer and I can't believe what a disgusting mess the trucking business is you people of let the government walk all over you what a bunch of chickenshits.