For the past 2 years I gross $114k and the year after that I gross $125k as a company driver. So their is money to be made as a company driver. You just have work for the right company hauling freight that paid the driver good.
@@youngtrucker9475 I want to know the company name. Everybody says the same thing, “you just have to work for it” what does that exactly mean? No home time ? Just working all day like a donkey ?
Just because they hand you a contract doesn't mean you can't first cross out what you don't like and add in what you want that you don't see. This is called a counter offer and is legal and many don't even notice you did it and accept the new terms
This is just for his company if anyone was curious. Lease drivers will always be payed more, but will have many deductions for fuel, food, lodging, maintenance, downtime, etc. Company drivers have all that paid for them but will have decreased pay. But that doesn't mean you'll always make more money in either specific area. At my job, company drivers make more than lease drivers. But most of our drivers are outsourced to another company who has their own company drivers.
@@kylehooker3710that's my next move, lease operator with a paid for truck hauling reefer units to dcs. Consistent work year round. Gross between 5 to 6k weekly. Company driver is for the birds.😊
@@offroadvehiclelover Minus 2k a week in taxes, plus truck payment, plus repairs, plus fuel. Take home is realistically about $1500 a week and you get no health insurance, vacation pay or sick pay. Lease operator is a scam.
I love how when anybody talks about owner operator vs company driver, the only thing they really point out is the pay difference. But what they don’t tell you is all the permits you have to get, the registration you have to complete, the ludicrous insurance you pay, and all the red tape associated with being an owner operator. Not to mention you could have your truck break down and be out of work for days if not weeks. Sure being an owner operator is nice but it’s no where near as stress free as being a company driver, and there is nothing stress free about being a company driver. In a perfect world everyone would own their own trucks. But the reality is a lot of people don’t want to deal with all that bullshit. So really it depends on the individual.
I actually know people that started out as company drivers then became owner operators then went back to being company drivers because of the expenses.
Sounds lazy, put in hard work you get rewards , you rather be a slave to a company then be your own boss. Everyone situation is different . Have a mechanic look at the truck you buy , take care of the truck and it will take care of you. Being a owner operator is so much better than being a dog to a company
Brokers aren't the issue. They try to make as much money as possible, just like us truck drivers. The issue is companies that are willing to haul cheap freight.
@@jeffreycairns767 which is still the issue brought by the broker. You just contradicted yourself. Brokers are useless to have anyway. It's just an extra hand to take more money off the load
@@charlesbrown6258 I didn't contradict myself. If brokers weren't around, yes the loads would pay more but the shipping companies would be so backed up trying to book loads with drivers that every shipping company would need many, many extra workers to keep track of every load and every truck picking the load up that there would be no extra money for the trucks. It may work for smaller shipping companies but only very few. Not to mention that they could promise the same load to 15 different trucks so it would be nuts. A third party company (brokers) is the best way to go unless you can work out a deal direct with a trucking company to haul only for them. Truckers want as much of the rate as possible and so does the broker. If a trucking company is willing to haul cheap freight than it's on them. Trucking companies have to say no to cheap freight and the rates will go up but until that happens, and I doubt it ever will, brokers will keep making more. I'll never blame anybody for wanting to make more money and if people are willing to take less, again, that's on them. I, personally, will never haul cheap freight but that also means my loads aren't as available. Truckers want to drive 389 Pete's, drive 80 mph and still make $10,000 for no miles. It's never going to happen, not with mega carriers out there with aerodynamic trucks, cut back to 62 mph and excepting every load they can.
I did not see federal income tax taken out for the lease operator but it is taken out on the company drivers statement. Once the lease operator pays the federal taxes both drivers will make about the same.
That's because lease operators are 1099 workers. They pay their taxes at the end of the year. W2 workers aka company drivers it automatically comes out
Don't be a lease operator for NO TRUCK COMPANY, because the company IS NOT gonna give you the Ratecon with the original LOAD PAY RATE, and the CUSTOMER INFORMATION, if you can't call the broker or customer to confirm the Pay rate, then the company's RIPPING you OFF
Nobody on here is paying attention to what he said. This was only covering SIX MONTHS worth of pay. Meaning both amounts should be DOUBLED (x2) if you want to account for an entire year’s worth of pay on either.
@@nightnday6675It’s after taxes, so yeas it is. 100k take home after taxes is more than like 90% of truckers make. Most are lucky to make 100k before taxes.
I disagree on the taxes part. We all get the money taken out and we should,the rate could be better,I think the dumbest part is that they take it before we get anything then want us to so their accounting every year,.....they already took the money then they throw out a tripline every year. They normally end up taking too much but then penalize the payor...who paid already if they sont get their documents filed. I prefer company driver....there too much bureaucratic garbage to worry about as an owner. The sheer level of knowledge needed to do it right,not miss anything and face further penalties is ridiculous. Only large corporations can do business anymore ,with the hundreds of regulations spanning hundreds of jurisdictions its just too damn easy to miss one little thing that can ruin all your hard work.
My newest driver is netting 95k and thats after a year of being with us. We haul our own freight, all drop and hooks. You choose where you want to go, and we have every fucking type of truck you can imagine. Im talking flatnose, cabovers, nextgen 680's, we have something for everyone.
That's basically minimum wage. If a company driver is not making at least $100k, you're with the wrong company. I was a heavy haul driver for several years in fairfield, CA, I was only making $25-35k annually. I went to HFC and make well over $109k my first year. And every year they give an extra $1000 bonus monthly. So after my 6 months, I made $2200 from my CPM and then my monthly bonus of $1000 which I was making over $10k per month. Now it's my 3rd year and each month I get $3k on top of my cpm weekly bonus. Hfc goes up to 10 years = $10k monthly bonus. Bonuses are taxed. But I'm able to live in a medium household living in California with no money issues. Anything less then $80k, you're basically working minimum wage. Time to find a new job.
@benab5912 8 yrs. Mostly heavy haul. Flatbed, lowboy, military freight. Rarely ever reefer/dry van. You don't need experience. You get paid the same straight from school or 20+ yrs of experience.but they don't provide schooling. Training yes. Training can be done really fast. We have 2 trainers and they're awesome. Obviously I didn't need one. I just had to drive 20 miles around town with the supervisor. Not sure if I mentioned before but you have to provide your own way of getting to omaha or sidney, IA. They pay for hotels. The only reason they don't provide transportation because it costed them alot of money when people never shown up. I flew from Sacramento to omaha. It costed me around $400. You get whatever money back from getting there real fast. Note: I'm not a recruiter, I don't get an compensation for recruiting. I'm just one of the drivers who enjoys the company that doesn't give bs. Yeah. The dispatcher can be a hard ass at times but every single person in the office including the boss drives too. Except for the Bpss's daughter. So nobody bs you there. I'm still walking away in a couple years because I want to get I to bull hauling and I miss driving a kenworth w900 and I miss driving the long nose, especially a manual transmission that's not governed. That's just my preference.
Dude spoke facts if yeen making 100 your making minimum wage just off the fact inflation has cause housing,car market,food,gas everything to sky rocket 1000 a week use to be good money years ago not anymore 🤝
A truck that is generating only $227k a yr gross is only avg $4540 on 50wks. If your truck floor isn’t $7k then your running with the wrong company. I know it’s slow now but that didn’t mean you have to settle for rates that low. Pick a new industry if you have to. I drove for lease operators last two yrs: oilfield my truck wkly avg $11,400 (and it was slow), harvest $10,800, OTR $10,250. My current truck that I bought and put a driver in avg’s 9k a week van. $7k is the floor.
@@chasewilliam1902 William didn't say he made more in a year, I'm sure he has at the very minimum basic knowledge in order to understand the pay given was for a 6 month period.
I doubt you make more than a lease if you're a company driver which you didn't say, but yeah for a fact you don't if they have the right loads being hauled and you're home every day. You probably work long as hell hours doing local
Stop lying to yourself just to make yourself feel good 😂🤣 people that jump into lease purchases can come up if they know what they’re doing. I’ll go stub for stub with you as a lease vs company. If you’re talking about lease companies like Schneider, JB Hunt, Werner etc, then I believe you, go ask the guys over at Vl trucking lease the amount of money they’ve made and has changed their lives.
US$53k before tax. Compared to 49k before tax as a company driver I don’t see much advantage in coping with all the hassle, risk potential liabilities or SLA penalties headaches, etc unless one is looking to expand and run a fleet.
@@ukroadgoatdo your own research outside of here, as an owner operator you can definitely make a lot more money but you also have a lot of freedom and if you get used to that freedom and forget about the work part, you’ll definitely make more money being a company driver
L/O $53K is a pre tax number vs company post tax net of $35K. There is more to the story so make sure you hold back 25% to pay your personal income tax with , then pocket whats left over.
It all depends on your drive. I was both an owner and a company driver. As an owner health insurance was a killer. I'm doing better as a company driver but miss the freedom.
So a person working at my local SHEETZ convenience store who worked 70 hours a week (like a company driver normally works) making sandwiches and selling gas would make $5k MORE than a trucker... No wonder there's such a shortage of drivers...
Make 106k last year working as the bottom driver at an LTL company so it depends where you go. Monday thru Friday, home every day, worked weekends prob a hand full of times by choice
If the company driver only netted $35,600, the company is robbing him. I netted $53k most of my last 10 years. And if the truck blew an engine, it was not my problem.
@@calvinjulian2092 thats 99% of truck companies steal money from drivers while they pocket all the money. This how they get new shinny trucks for new drivers.
This company charges minimum of $2.30 per mile but pay the lease operator $1.50 per mile Including fuel surcharge. I make $2.05 per mile minimum (depending on the miles. Shorter hauls pay more per mile) plus $25 per pick/drop. I make $20-$25,000 per month. Plates, insurance, elog, ALL maintenance, etc is included in my lease agreement. I also have a walk away deal should I ever need or want out.
Not with ET transport. There are plenty of other companies that will pay you a lot more than that. I do very well and there are plenty of guys who are doing even better than me as company drivers
You should also mention home times of both as well. Leasing is the worst decision any trucker makes. As a company driver you have the upper hand while in lease you’re their slave.
@nia6849 venture Express, we do automotive parts in the Midwest for the plants. We also have a couple other big contracts. But if your in tn, ms, oh and ky it may be a good option to work for.
We need to go back to the old days and re-regulate the trucking industry when the trucking industry was regulated you made money there was big time brokerage firms and trucking companies made money big and small
Proof that their company is robbing the company driver blind. If he's only taking home $35,000 in 6 months. And only 54 Grand when you're an owner operator. I'm almost certain that at Amazon employees get paid more than that.
The owner op makes around 200k while the conpany guy makes around 80-90k a year . The difference is 30k a year in take home pay witch is about 600 hundred a week.
For company driver that is still almost $1500 weekly. Being that you’ll be in your truck you can cancel rent and bills like electricity…and even if you get a day or two back home you can get a nice Airbnb all in all making $1500 a week you can save $1000 weekly
Hmmmm, not a bad prospect though I think there are a lot of factors to consider. For example, what if they have a family and can't do the recurring rentals?
Forgetting the value of benefits which nearly doubles it for company driver. From unemployment benefit value, workman's comp value, family insurance average around 2300 mth company co tribution, then retirement programs. I made 85k as company driver. Full benefits but 4 yes of 401 I already had over 100k built up by pushing for full max
Lol I'm a company driver my gross pay last year was 117.000$. Lmao and I drive a new company truck. .065 per mile 35.00$ drop and pick and first and last plus wait time at 27$ after an hour.
Lease doesn't seem to get taxes take off and hes paying no benefits. Company would be better in this case since taxes are taken off and also retirment pay etc....
Honestly at those prices I could not see myself or king for that company. At the standard rates across the board your company driver should be making at least what the lease driver makes and the lease driver should be doubling that.
Go to the local state dmv office or look it up online to make sure because i remember seeing someone from a whole different state transferring their cdl from their home state to Missouri at the dmv here in Missouri
Don’t forget that lease operators are under 1099. He may have made $52k but 25% of that goes to the government for taxes which is like $13k so really he made about $39k give or take. I’m guesstimating don’t come for me.
Making the same but hopefully owning a truck at the end of it if youre leasing from a good company sounds like a good deal to me. But im trying to figure all this out for myself, hence why im even here. Gotta get away from this local position asap tho
@@bill7778 if i can make it run long enough to put a down payment on another, i can make it work. financing a 2nd truck means you can write off the entire cost of the truck. if that just so happens to be more money than i profited that year, according to the IRS my business is at a loss and made no taxable income that year. not saying i WANT to do a lease purchase, but im GOING to find my way into my own truck one way or another.
The owner-op still has to pay taxes. The employee already got deductions out of gross. So in essence they are roughly the same but different benefits. O/p your the boss quit when you want. Employees can't really refuse loads. Always been O/p since starting in the transportation service. Don't like being told what to do....something with authority issues.😅
AS a self employed individual you pay all operating expenses relative to your truck buy your own health insurance, fund your own retirement pension and in the US pay both the employer and employee share of Social Security a combined 15.30% This guy isn't telling you the entire story.
EXACT SAME THING I THOUGHT!!! IN ALL HIS VIDEOS HE TRIES TO GET DRIVERS TO BE COMPANY DRIVERS BY DEMOTIVATING THEM WITH FABRICATED EARNING - hes shit, dont ever work for his company, we truckers know such types
There’s just no way that’s what a driver makes. These numbers will be valid for 2023, but this is just a very very different year. This is not the norm. Can’t be. Rectification … the pay period was February-July 2021. Look closely. So, a lease operator will net over 100k for a full year. That looks a lot more realistic.
I have questions. 1-are both paid per mile? Or is the lease op paid %??? 2-if the lease op is paid %, what is the comparison for miles driven between both of them? I ask because as a lease op I typically run far less miles per week than a company driver for my company. But still clear higher.
The average hourly rate in the Toronto area is $23/hr. I'm lucky, I make $26/hr but I only work 5-6 hours a night. I can't stand driving through Toronto during the day. 8-12 lanes each way and still bumper to bumper from 6am to midnight or later.
What he showed was for 6 months. Also the lease op doesnt get taxes taken off or any retirement funds of any kind. In the end, company driver is better off. He gets retirement dollars auto taken, taxes auto taken and other benefits. Lease has none and you need to pay taxes at the end of the year.
A lease operator owns a truck that is leased from a company and as a result they pay monthly installments until the truck is paid off. The upside of leasing is that you get the truck as soon as you make your downpayment, which allows drivers to own their own truck faster. The downside is that this truck isn't officially yours until you make that final payment which typically comes out to a higher cost overall as opposed to buying it outright
Can you tell me what’s the difference of a company driver and an owner operator but don’t count the price of the truck payment I’m talking if you buy a truck brand new for cash and get the title day one
Honestly a lot has to do with luck too. I seen an owner op go broke due to constant repairs on his truck and i have also met an owner op with a 2.8 million mile truck woth only one rebuild.
I did it to make more, which I did in comparison. Only that swift dedicated account for Walmart as a company driver would have got me more than any other company job I’ve had. The highest net pay I’ve done was with bay and bay transportation, a lot of weeks I’ve made over $4900 net pay. I bet close to $90,000. Things did fall off in March of 2022, that’s when I left the road. My DM was crap previously safety and slacked off. Listen to people when they say come get under my DM.
Neither are doing that great. when you think about how little the dollar buys. Also the lease operator assumes significant responsibility for what does not amount to significantly more.
I think that, at least the first year or so, I'd rather be a company driver making a gross $45k pay with $10k expenses. Save up to buy my own truck for a couple years, rather than right away being a lease operator making a gross $113k and my head drowing in $50k annual expenses. It kind of defeats the purpose/thrill of making more money.
So when we drive for the company the company pay for the gas and insurance stuffs. So will they deduct the money from our money what but when we joined the job for a company they say they provide gas insurance and any other repairs. So why they deduct money from us either the company pay for those 😢
Both are absolutely horrible pay, 2 years ago when I was a company driver I pulled 110k. Now it's 400k with my own truck. What do I do? Deliver containers to the port
@@TheGamingChad. you don't even need to pay for it cash but that will just be better. Doing your own thing if significantly better as long as your not just doing load boards
@@Coachplayer I did is 35k for 6 months that’s 70k 1 year that’s crazy low for a OTR truck driver that’s around 1,500 weekly that’s way to low, I’m a company driver to I make 2,100 to 2,300 weekly home every week
That's crap money. If you ever want to know how much we Canadians pay out each pay, Google ADP pay calculator. You can choose by Province, put in the gross amount and you'll see the net pay. We pay tax, EI and CPP (Canadian Pension Plan). If you think it's alot that's taken out, just remember that we don't pay extra for doctors, Hospitals, etc. It's included in our deductions.
The thing was you had to have 10.000 miles in per month back in the day to make A very good yearly income/ log book hours the sit and reset hours no reload call back in one hour see what we have no load call back next day no loads enjoy your weekend out on the road.
@@alelectric2767 yes it is. Anything at or below 1000$ a week after taxes is low slave wages. This was for a 6 months period so it's not bad. But anything less then 1000 a week is exploitation u will never build a future or have anything to leave your kids but the opportunity to trade time for money the same way u did.
HOW ARE PEOPLE SUPPOSE TO KNOW THE BEST OPTION WITHOUT KNOWING ALL THE DETAILS? -What was the total working hours for each driver during that 6 month period? -How many miles did each driver travel during that 6 month period? -Within that 6 month period, how many nights did each driver have to stay on the road and not get to go home? -During those 6 months, how many hours did each driver work over the weekend? -What benefits does the company driver get that the lease driver does not get? -What incentives does the company driver get that the lease driver doesn't get? -How easy and less stressful is it for the company driver during a typical work week vs how easy and less stressful is it for the lease driver during a typical work week? -Are both drivers home every single night? -Are both drivers off every single weekend? THE SIMILARITIES VS. THE DIFFERENCES
We are getting paid.80 cents a mile plus all extras border crossing n.y bridge switch pickup around Montreal few companies paid really good money for regional home every second night I will not do anything else good luck people make your research
There isn’t any point being over the road and being away from family for that. You can make that anywhere and not risk your life all day and deal with inspections everywhere.
Essentially you just told everyone do not work for your company as a company driver because that is on the low end of what they should be making. As a company truck driver from the company I drive that I bring home after taxes 110,thousand a year.
What's really amazing is that 26 years ago as an Owner Operator I was making $120,000 a year. More than this guy today. And I think there's this thing called inflation which means the value of his dollar is worth about half what it was 26 years ago. So in reality the Owner is making about half as much as the company driver.
For the past 2 years I gross $114k and the year after that I gross $125k as a company driver. So their is money to be made as a company driver. You just have work for the right company hauling freight that paid the driver good.
Did you strictly work on eld clock or?
Just curious.
What company are u at ?💀
@@youngtrucker9475 He’ll never answer this question🤣🤣🤣
@@youngtrucker9475 I want to know the company name. Everybody says the same thing, “you just have to work for it” what does that exactly mean? No home time ? Just working all day like a donkey ?
Zeller Transportation
It is always a bad idea to lease a truck from the same company you depend on for your revenue, ALWAYS.
Amen
Not really, a walk away lease is less risky. It’s also an avenue to build business credit in a low risk situation
Just because they hand you a contract doesn't mean you can't first cross out what you don't like and add in what you want that you don't see. This is called a counter offer and is legal and many don't even notice you did it and accept the new terms
I agree. I all ways against that. Not only you depend from them but also they all ways give you the bad loads
This is just for his company if anyone was curious. Lease drivers will always be payed more, but will have many deductions for fuel, food, lodging, maintenance, downtime, etc. Company drivers have all that paid for them but will have decreased pay. But that doesn't mean you'll always make more money in either specific area. At my job, company drivers make more than lease drivers. But most of our drivers are outsourced to another company who has their own company drivers.
Hourly paid took home 85000 last year. These drivers need to make a move!
Depending on locations. In TX, my hourly truckers doesn't get paid that much.
Pay is around 24 to 25 an hour in Dallas.
@@goshawk4340 😱😱
These are 6 month statements
First one literally makes more than you lol
As a company driver you get benefits like paid vacation with no headaches of the truck
Doesn't make it worth hardly making any money. As a lease operator or owner op, you take off whenever you want.
@@kylehooker3710 and your not paid when you take off work ...no vacation time
@@kylehooker3710that's my next move, lease operator with a paid for truck hauling reefer units to dcs. Consistent work year round. Gross between 5 to 6k weekly. Company driver is for the birds.😊
@@offroadvehiclelover Minus 2k a week in taxes, plus truck payment, plus repairs, plus fuel. Take home is realistically about $1500 a week and you get no health insurance, vacation pay or sick pay.
Lease operator is a scam.
1k per week isn’t shit
I love how when anybody talks about owner operator vs company driver, the only thing they really point out is the pay difference. But what they don’t tell you is all the permits you have to get, the registration you have to complete, the ludicrous insurance you pay, and all the red tape associated with being an owner operator. Not to mention you could have your truck break down and be out of work for days if not weeks. Sure being an owner operator is nice but it’s no where near as stress free as being a company driver, and there is nothing stress free about being a company driver. In a perfect world everyone would own their own trucks. But the reality is a lot of people don’t want to deal with all that bullshit. So really it depends on the individual.
its a extra 800 a week in take home pay . ur already clearing 1300 hundred a week as a company man.
I actually know people that started out as company drivers then became owner operators then went back to being company drivers because of the expenses.
Not to mention the high taxes you pay as a business owner(lease operator)
Sounds lazy, put in hard work you get rewards , you rather be a slave to a company then be your own boss. Everyone situation is different . Have a mechanic look at the truck you buy , take care of the truck and it will take care of you. Being a owner operator is so much better than being a dog to a company
Amen!
We need to eliminate brokers.
The only way to eliminate them is by becoming one yourself
Then you have to find your own loads.
Brokers aren't the issue. They try to make as much money as possible, just like us truck drivers. The issue is companies that are willing to haul cheap freight.
@@jeffreycairns767 which is still the issue brought by the broker. You just contradicted yourself. Brokers are useless to have anyway. It's just an extra hand to take more money off the load
@@charlesbrown6258 I didn't contradict myself. If brokers weren't around, yes the loads would pay more but the shipping companies would be so backed up trying to book loads with drivers that every shipping company would need many, many extra workers to keep track of every load and every truck picking the load up that there would be no extra money for the trucks. It may work for smaller shipping companies but only very few. Not to mention that they could promise the same load to 15 different trucks so it would be nuts. A third party company (brokers) is the best way to go unless you can work out a deal direct with a trucking company to haul only for them. Truckers want as much of the rate as possible and so does the broker. If a trucking company is willing to haul cheap freight than it's on them. Trucking companies have to say no to cheap freight and the rates will go up but until that happens, and I doubt it ever will, brokers will keep making more. I'll never blame anybody for wanting to make more money and if people are willing to take less, again, that's on them. I, personally, will never haul cheap freight but that also means my loads aren't as available. Truckers want to drive 389 Pete's, drive 80 mph and still make $10,000 for no miles. It's never going to happen, not with mega carriers out there with aerodynamic trucks, cut back to 62 mph and excepting every load they can.
I did not see federal income tax taken out for the lease operator but it is taken out on the company drivers statement. Once the lease operator pays the federal taxes both drivers will make about the same.
That's because lease operators are 1099 workers. They pay their taxes at the end of the year. W2 workers aka company drivers it automatically comes out
@@TheAutisticTrucker obviously, which is why the guy you are commenting on said "once the lease operator pays the federal taxes..."
They pay their own taxes, they're owner operators buying a truck through the company
Federal and provincial tax.
@@charlesbrown6258 no there not
Don't be a lease operator for NO TRUCK COMPANY, because the company IS NOT gonna give you the Ratecon with the original LOAD PAY RATE, and the CUSTOMER INFORMATION, if you can't call the broker or customer to confirm the Pay rate, then the company's RIPPING you OFF
Nobody on here is paying attention to what he said. This was only covering SIX MONTHS worth of pay. Meaning both amounts should be DOUBLED (x2) if you want to account for an entire year’s worth of pay on either.
$53,000 for 6 month is not much. Ive seen companies advertising that much for their drivers.
@@nightnday6675 lol net not gross taking home 106 grand a year is pretty good money, still like to see how many hours a week they do,
@@nightnday6675It’s after taxes, so yeas it is. 100k take home after taxes is more than like 90% of truckers make. Most are lucky to make 100k before taxes.
You wonder why there is a driver shortage. 2023 is going to be a scary year. 😨 drivers should be at 180k a year and exempt from all federal taxes!!!
I disagree on the taxes part. We all get the money taken out and we should,the rate could be better,I think the dumbest part is that they take it before we get anything then want us to so their accounting every year,.....they already took the money then they throw out a tripline every year. They normally end up taking too much but then penalize the payor...who paid already if they sont get their documents filed. I prefer company driver....there too much bureaucratic garbage to worry about as an owner. The sheer level of knowledge needed to do it right,not miss anything and face further penalties is ridiculous. Only large corporations can do business anymore ,with the hundreds of regulations spanning hundreds of jurisdictions its just too damn easy to miss one little thing that can ruin all your hard work.
My newest driver is netting 95k and thats after a year of being with us.
We haul our own freight, all drop and hooks. You choose where you want to go, and we have every fucking type of truck you can imagine.
Im talking flatnose, cabovers, nextgen 680's, we have something for everyone.
Looking for another new driver?
That's basically minimum wage. If a company driver is not making at least $100k, you're with the wrong company.
I was a heavy haul driver for several years in fairfield, CA, I was only making $25-35k annually. I went to HFC and make well over $109k my first year. And every year they give an extra $1000 bonus monthly. So after my 6 months, I made $2200 from my CPM and then my monthly bonus of $1000 which I was making over $10k per month. Now it's my 3rd year and each month I get $3k on top of my cpm weekly bonus. Hfc goes up to 10 years = $10k monthly bonus. Bonuses are taxed. But I'm able to live in a medium household living in California with no money issues.
Anything less then $80k, you're basically working minimum wage. Time to find a new job.
It's not minimum wage. It's 6 months. Double each amount.
How can I apply to hfc
How much experience did u have prior to working for HFC?
@benab5912 8 yrs. Mostly heavy haul. Flatbed, lowboy, military freight. Rarely ever reefer/dry van.
You don't need experience. You get paid the same straight from school or 20+ yrs of experience.but they don't provide schooling. Training yes. Training can be done really fast. We have 2 trainers and they're awesome. Obviously I didn't need one. I just had to drive 20 miles around town with the supervisor.
Not sure if I mentioned before but you have to provide your own way of getting to omaha or sidney, IA. They pay for hotels. The only reason they don't provide transportation because it costed them alot of money when people never shown up.
I flew from Sacramento to omaha. It costed me around $400. You get whatever money back from getting there real fast.
Note: I'm not a recruiter, I don't get an compensation for recruiting. I'm just one of the drivers who enjoys the company that doesn't give bs. Yeah. The dispatcher can be a hard ass at times but every single person in the office including the boss drives too. Except for the Bpss's daughter. So nobody bs you there.
I'm still walking away in a couple years because I want to get I to bull hauling and I miss driving a kenworth w900 and I miss driving the long nose, especially a manual transmission that's not governed. That's just my preference.
Dude spoke facts if yeen making 100 your making minimum wage just off the fact inflation has cause housing,car market,food,gas everything to sky rocket 1000 a week use to be good money years ago not anymore 🤝
You forgot about the IRS and taxes to Uncle Sam. That's an additional 25% of $53,221.00
A truck that is generating only $227k a yr gross is only avg $4540 on 50wks. If your truck floor isn’t $7k then your running with the wrong company. I know it’s slow now but that didn’t mean you have to settle for rates that low. Pick a new industry if you have to. I drove for lease operators last two yrs: oilfield my truck wkly avg $11,400 (and it was slow), harvest $10,800, OTR $10,250. My current truck that I bought and put a driver in avg’s 9k a week van. $7k is the floor.
Which company would u recommend to start with?
I’m home every day and off on weekends and make more than the lease driver does. I would never work for a company that paid that low.
It's for 6 months lol
@@chasewilliam1902 William didn't say he made more in a year, I'm sure he has at the very minimum basic knowledge in order to understand the pay given was for a 6 month period.
I doubt you make more than a lease if you're a company driver which you didn't say, but yeah for a fact you don't if they have the right loads being hauled and you're home every day. You probably work long as hell hours doing local
@@charlesbrown6258 I agree but who ever that guy is leasing with isn’t making much
Stop lying to yourself just to make yourself feel good 😂🤣 people that jump into lease purchases can come up if they know what they’re doing. I’ll go stub for stub with you as a lease vs company. If you’re talking about lease companies like Schneider, JB Hunt, Werner etc, then I believe you, go ask the guys over at Vl trucking lease the amount of money they’ve made and has changed their lives.
What he's not telling you is as a leased driver you are 1099 so in the end you make the same if not less due to all the taxes plus self employment tax
Both are making crap wages. The risk involved regardless of the contract is significant but the pay is not. No wonder we have supply chain issues.
I work local 12 hours a day,60 hours a week,grossed 94k last year
Very nice
What's your employer?
@willynaylor7356 what was your net?
@Steve H yeah I dont want to do that
@@bubbles6883 why you say that? Explain
Eliminate brokers and actually run more loads, with a smaller company and you’ll bring in over 120k as a lease operator.
US$53k before tax. Compared to 49k before tax as a company driver I don’t see much advantage in coping with all the hassle, risk potential liabilities or SLA penalties headaches, etc unless one is looking to expand and run a fleet.
@@ukroadgoatdo your own research outside of here, as an owner operator you can definitely make a lot more money but you also have a lot of freedom and if you get used to that freedom and forget about the work part, you’ll definitely make more money being a company driver
@@kennethlopez4217 you do not make much sense, dude. Let's put it to rest. Whatever. Peace and keep safe out there.
L/O $53K is a pre tax number vs company post tax net of $35K. There is more to the story so make sure you hold back 25% to pay your personal income tax with , then pocket whats left over.
It all depends on your drive. I was both an owner and a company driver. As an owner health insurance was a killer. I'm doing better as a company driver but miss the freedom.
So, a give and take if you will.
So a person working at my local SHEETZ convenience store who worked 70 hours a week (like a company driver normally works) making sandwiches and selling gas would make $5k MORE than a trucker...
No wonder there's such a shortage of drivers...
Make 106k last year working as the bottom driver at an LTL company so it depends where you go. Monday thru Friday, home every day, worked weekends prob a hand full of times by choice
Niceeee
what company?
If the company driver only netted $35,600, the company is robbing him. I netted $53k most of my last 10 years. And if the truck blew an engine, it was not my problem.
That’s 6 months
It's amazing how you show just how guys who are drivers should not walk away from that company they should run away from that company what a crook
100k a year is not bad 🤣
@@brendanberto-jones3352 that was six months and no taxes were taken out on the sucker. So you can deduct another 40% from that $53k.
No profit driving trucks... Thank you. 👍
@@calvinjulian2092 thats 99% of truck companies steal money from drivers while they pocket all the money. This how they get new shinny trucks for new drivers.
@@turbo12v Then go start your own company. 👍
This company charges minimum of $2.30 per mile but pay the lease operator $1.50 per mile Including fuel surcharge. I make $2.05 per mile minimum (depending on the miles. Shorter hauls pay more per mile) plus $25 per pick/drop. I make $20-$25,000 per month. Plates, insurance, elog, ALL maintenance, etc is included in my lease agreement. I also have a walk away deal should I ever need or want out.
Lots of profit driving trucks .... just not for them .
Not with ET transport. There are plenty of other companies that will pay you a lot more than that. I do very well and there are plenty of guys who are doing even better than me as company drivers
You should also mention home times of both as well. Leasing is the worst decision any trucker makes. As a company driver you have the upper hand while in lease you’re their slave.
Leasing blindly will sink you very very quickly
I know one company I'd never even consider going to work for...
Western Express
@@squonkers762 what's wrong with western express?
@@reinaldostrobel81 lol
@@reinaldostrobel81 Everything. They got worst pay 💰 in the USA 🇺🇸
I'm stuck there for another 4 months until my contract is done. 2 months in rn.
Ouch! Going to stop complaining about my pay, make more than both home daily, every weekend and holiday off! Make about 1200 a week for 40 hours
How many days a week do you work to get 40 hours?
@@nia6849 usually 6 hours a day, 5 days. I do get 8 or 9 hour days on occasion which suck as far as I am concerned!
@@tnhomestead: what company is it?
@nia6849 venture Express, we do automotive parts in the Midwest for the plants. We also have a couple other big contracts. But if your in tn, ms, oh and ky it may be a good option to work for.
Walmart truck drivers start at $90,000.... This doesn't make any sense...
How many hours did each work?
We need to go back to the old days and re-regulate the trucking industry when the trucking industry was regulated you made money there was big time brokerage firms and trucking companies made money big and small
Proof that their company is robbing the company driver blind. If he's only taking home $35,000 in 6 months. And only 54 Grand when you're an owner operator. I'm almost certain that at Amazon employees get paid more than that.
The owner op makes around 200k while the conpany guy makes around 80-90k a year .
The difference is 30k a year in take home pay witch is about 600 hundred a week.
For company driver that is still almost $1500 weekly. Being that you’ll be in your truck you can cancel rent and bills like electricity…and even if you get a day or two back home you can get a nice Airbnb all in all making $1500 a week you can save $1000 weekly
Hmmmm, not a bad prospect though I think there are a lot of factors to consider. For example, what if they have a family and can't do the recurring rentals?
35000 to drive a truck full time around Toronto is a joke ,might as well stay at home
Fair enough
Are the numbers for the company driver from 1990? When I started driving 15 years ago, I made more money at my first driving job.
The industry has plummeted, in case you've missed it
This is an important video! Awesome job! Thanks. Will watch again!
Forgetting the value of benefits which nearly doubles it for company driver. From unemployment benefit value, workman's comp value, family insurance average around 2300 mth company co tribution, then retirement programs.
I made 85k as company driver. Full benefits but 4 yes of 401 I already had over 100k built up by pushing for full max
Thanks for sharing!
Ronen you said company driver for the first one but there's a lease deduction, how can he be company driver yet he's paying for a truck?
You can lease a truck. The company I drive for lease all their trucks so they don’t have to spend money on repairs or maintenance.
Pretty sure he just misspoke. It is pretty clear the second one is the company driver info.
10 years in sysco,120k a year only work 11 months out of a year off weekend and free lunch every day
& Hard physical unloading labor 😮💨 you left that part out 😂😂😂
@@TillNextTimes I know food service not for everyone,all about seniority there is lot of accounts just pallets drop like hospitals bucees schools
Lol I'm a company driver my gross pay last year was 117.000$. Lmao and I drive a new company truck. .065 per mile 35.00$ drop and pick and first and last plus wait time at 27$ after an hour.
This is a Canadian, and talking about 6 months. So take that in mind.
Lease doesn't seem to get taxes take off and hes paying no benefits.
Company would be better in this case since taxes are taken off and also retirment pay etc....
Honestly at those prices I could not see myself or king for that company. At the standard rates across the board your company driver should be making at least what the lease driver makes and the lease driver should be doubling that.
Take taxes out of the lease of the lease drivers check, and the end amount would be practically identical to the company drivers pay.
I make 70k as a company driver and only stay in the US. I don't have to drive 3k miles aweek.
Thanks for sharing Bob!
U said the 1st driver is the company driver...the first driver you mentioned was the lesse correct?
Yes! Thank you for pointing out that error!
Totally underpaying your drivers you should have more respect for them in the sacrifice they take away from their families and give them a raise
I want help to drive with prim ink but there not accepting me because I have a California cdl permit how can transfer my permit to a different state
Go to the local state dmv office or look it up online to make sure because i remember seeing someone from a whole different state transferring their cdl from their home state to Missouri at the dmv here in Missouri
@ okay
Don’t forget that lease operators are under 1099. He may have made $52k but 25% of that goes to the government for taxes which is like $13k so really he made about $39k give or take. I’m guesstimating don’t come for me.
Making the same but hopefully owning a truck at the end of it if youre leasing from a good company sounds like a good deal to me. But im trying to figure all this out for myself, hence why im even here. Gotta get away from this local position asap tho
@@94wasajamA worn out money pit
@@bill7778 if i can make it run long enough to put a down payment on another, i can make it work. financing a 2nd truck means you can write off the entire cost of the truck. if that just so happens to be more money than i profited that year, according to the IRS my business is at a loss and made no taxable income that year. not saying i WANT to do a lease purchase, but im GOING to find my way into my own truck one way or another.
Hey that’s pretty cool how much did the company make off those two drivers?
The owner-op still has to pay taxes. The employee already got deductions out of gross. So in essence they are roughly the same but different benefits. O/p your the boss quit when you want. Employees can't really refuse loads. Always been O/p since starting in the transportation service. Don't like being told what to do....something with authority issues.😅
That about sums it up!
I make 15000 more than the lease operator. And I work at a group home. Who is doing driving jobs for that little money. That's crazy to me
That’s what happens when you go to a big company, the pay sucks.
AS a self employed individual you pay all operating expenses relative to your truck buy your own health insurance, fund your own retirement pension and in the US pay both the employer and employee share of Social Security a combined 15.30% This guy isn't telling you the entire story.
All great points! There's only so much info to pack into a TH-cam short
This dudes a crook. Doesn't care about his drivers
EXACT SAME THING I THOUGHT!!! IN ALL HIS VIDEOS HE TRIES TO GET DRIVERS TO BE COMPANY DRIVERS BY DEMOTIVATING THEM WITH FABRICATED EARNING - hes shit, dont ever work for his company, we truckers know such types
There’s just no way that’s what a driver makes. These numbers will be valid for 2023, but this is just a very very different year. This is not the norm.
Can’t be.
Rectification … the pay period was February-July 2021. Look closely.
So, a lease operator will net over 100k for a full year. That looks a lot more realistic.
This guy said "6 months".
I have questions. 1-are both paid per mile? Or is the lease op paid %??? 2-if the lease op is paid %, what is the comparison for miles driven between both of them? I ask because as a lease op I typically run far less miles per week than a company driver for my company. But still clear higher.
wow! i knew canadian drivers made less than usa drivers but i didn’t know it was that much
The average hourly rate in the Toronto area is $23/hr. I'm lucky, I make $26/hr but I only work 5-6 hours a night. I can't stand driving through Toronto during the day. 8-12 lanes each way and still bumper to bumper from 6am to midnight or later.
@@itsallovernow2929 I remember my first part time job lol
@@El_Borrego_Negro LOL, except I'm 18+ years trucking and considered full time.
@@itsallovernow2929 im a rookie and being paid 25/h in QC.
What he showed was for 6 months.
Also the lease op doesnt get taxes taken off or any retirement funds of any kind.
In the end, company driver is better off.
He gets retirement dollars auto taken, taxes auto taken and other benefits.
Lease has none and you need to pay taxes at the end of the year.
What does it mean to be a lease operator?
A lease operator owns a truck that is leased from a company and as a result they pay monthly installments until the truck is paid off. The upside of leasing is that you get the truck as soon as you make your downpayment, which allows drivers to own their own truck faster. The downside is that this truck isn't officially yours until you make that final payment which typically comes out to a higher cost overall as opposed to buying it outright
Can you tell me what’s the difference of a company driver and an owner operator but don’t count the price of the truck payment I’m talking if you buy a truck brand new for cash and get the title day one
Honestly a lot has to do with luck too. I seen an owner op go broke due to constant repairs on his truck and i have also met an owner op with a 2.8 million mile truck woth only one rebuild.
I'm a local company driver, 4 day work week...I gross $100k
Nice!
You got about 25k in taxes to take out of that lease operator still.
Lease operator is a scam.
Don’t forget write offs, leasing is a business model , not a company job with no overhead to operate.
Leasing from a company that controls what you eat is a fools island . NEVER DO THIS GUYS!!
I did it to make more, which I did in comparison. Only that swift dedicated account for Walmart as a company driver would have got me more than any other company job I’ve had. The highest net pay I’ve done was with bay and bay transportation, a lot of weeks I’ve made over $4900 net pay. I bet close to $90,000. Things did fall off in March of 2022, that’s when I left the road. My DM was crap previously safety and slacked off. Listen to people when they say come get under my DM.
Where can I make that much as a lease operator?
So far I’m not having any luck getting anything near that.
With this video being about a year old, things are a lot more different today
And what he doesn't tell you,, owner ops make much more than lease operators, especially if you own your truck outright
Mile pay is a rip off
Everyone steals from the driver
Neither are doing that great. when you think about how little the dollar buys. Also the lease operator assumes significant responsibility for what does not amount to significantly more.
It would be 53 against 49 don't forget oo have to pay taxes as well.
True!
@@NorthAmerican-Trucking-News had to edit 53 not 43. Lol
I think that, at least the first year or so, I'd rather be a company driver making a gross $45k pay with $10k expenses. Save up to buy my own truck for a couple years, rather than right away being a lease operator making a gross $113k and my head drowing in $50k annual expenses. It kind of defeats the purpose/thrill of making more money.
Have to dispatchers for my company don't even answer the phone it's very frustrating
So when we drive for the company the company pay for the gas and insurance stuffs. So will they deduct the money from our money what but when we joined the job for a company they say they provide gas insurance and any other repairs. So why they deduct money from us either the company pay for those 😢
I netted 76k in 2023 but man was it a grind, 47 weeks on the road to touch that as a company driver. 130k miles and lots of tarping
35g for company driver!!!
Are you nuts
It's for 6 months. Do your ears work?
@@chasewilliam1902 my ears are working just fine
That company is disgusting. Companies that pay that little should be embarrassed .
Lease driver’s stub is before Federal Income Tax, correct?
Both are absolutely horrible pay, 2 years ago when I was a company driver I pulled 110k. Now it's 400k with my own truck. What do I do? Deliver containers to the port
What'd you do to get your own truck ?
@@quiet9088 can you not read?
@@N54God666 im thinking about becoming a truck driver, would you say owning the truck is arguably a better way to go as long as i can pay cash for it?
@@TheGamingChad. you don't even need to pay for it cash but that will just be better. Doing your own thing if significantly better as long as your not just doing load boards
@@N54God666 what does an F650 classify as? Does it still have plenty of opportunities when it comes to trucking?
If you make 35 k a year as a cdl A driver get out now
Haha, yup
You didn’t watch the video close enough
@@Coachplayer I did is 35k for 6 months that’s 70k 1 year that’s crazy low for a OTR truck driver that’s around 1,500 weekly that’s way to low, I’m a company driver to I make 2,100 to 2,300 weekly home every week
@@Real08-j9g these are numbers for 6 months, not one year
How many milesto achieve?
Thanks Great Video Presentation Very Clear Camera Lots of information Thanks Again
That's crap money. If you ever want to know how much we Canadians pay out each pay, Google ADP pay calculator. You can choose by Province, put in the gross amount and you'll see the net pay. We pay tax, EI and CPP (Canadian Pension Plan). If you think it's alot that's taken out, just remember that we don't pay extra for doctors, Hospitals, etc. It's included in our deductions.
BEING A TRUCK DRIVER IS UNDERPAID
HOPEFULLY ONE DAY THINGS GET BETTER CAUSE WE ARE THE HEART OF AMERICA 🇺🇸
STOP BEING GREEDY
Hopefully things change
@@NorthAmerican-Trucking-Newsblessings my brother .
The thing was you had to have 10.000 miles in per month back in the day to make A very good yearly income/ log book hours the sit and reset hours no reload call back in one hour see what we have no load call back next day no loads enjoy your weekend out on the road.
Back in the day trucking was pretty great actually!
$35k/yr working 70hrs per week. What a joke!
He said six months so 70k. Still crap tho
Both are low paying jobs.
Take home of $53K is not a low paying job.
@@alelectric2767 yes it is. Anything at or below 1000$ a week after taxes is low slave wages.
This was for a 6 months period so it's not bad. But anything less then 1000 a week is exploitation u will never build a future or have anything to leave your kids but the opportunity to trade time for money the same way u did.
@@alelectric2767 I took home 86k I think that’s low… I’m an electrician
@@simbos174
Keeping the lights on
@@simbos174 he said these numbers are 6 months not full year.
That's low for company drivers, most company drivers gross 100k + yearly. That's depending on experience also but we are under paid in this industry
This is why I left the industry. Too much time away from home and rude customers for the money
I call that bull crap.
I made 65000 this year.
This is coming from a big carrier.
I made 48000working foe usx 5 years ago
HOW ARE PEOPLE SUPPOSE TO KNOW THE BEST OPTION WITHOUT KNOWING ALL THE DETAILS?
-What was the total working hours for each driver during that 6 month period?
-How many miles did each driver travel during that 6 month period?
-Within that 6 month period, how many nights did each driver have to stay on the road and not get to go home?
-During those 6 months, how many hours did each driver work over the weekend?
-What benefits does the company driver get that the lease driver does not get?
-What incentives does the company driver get that the lease driver doesn't get?
-How easy and less stressful is it for the company driver during a typical work week vs how easy and less stressful is it for the lease driver during a typical work week?
-Are both drivers home every single night?
-Are both drivers off every single weekend?
THE SIMILARITIES
VS.
THE DIFFERENCES
We are getting paid.80 cents a mile plus all extras border crossing n.y bridge switch pickup around Montreal few companies paid really good money for regional home every second night I will not do anything else good luck people make your research
Iam a company driver and gross 93600 yearly minimum guarantee even after the Heartless Express buyout
I drive local hauling cement powder in iowa. Last year I grossed 72k, net was 62k.
I grossed 349,000 last year this is bad wages they need to find a different company
Woah!
There isn’t any point being over the road and being away from family for that. You can make that anywhere and not risk your life all day and deal with inspections everywhere.
a company driver is drug tested
a lease driver is not
Any cdl driver is tested
Excellent work! A real contribution!!
Glad you liked it!
Essentially you just told everyone do not work for your company as a company driver because that is on the low end of what they should be making. As a company truck driver from the company I drive that I bring home after taxes 110,thousand a year.
What's really amazing is that 26 years ago as an Owner Operator I was making $120,000 a year. More than this guy today. And I think there's this thing called inflation which means the value of his dollar is worth about half what it was 26 years ago. So in reality the Owner is making about half as much as the company driver.
20/20 came an blew up the trucking industry before our eyes
My man looks like the Temu version of Adam Sandler 😂
I don't know if that's a compliment because it's Adam Sandler or an insult because it's Temu 😂