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Company Driver VS Lease Operator 🚛💰 (Pay Comparison)
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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.
@ravshanormsby
Жыл бұрын
Did you strictly work on eld clock or? Just curious.
@youngtrucker9475
Жыл бұрын
What company are u at ?💀
@kisht7469
Жыл бұрын
@@youngtrucker9475 He’ll never answer this question🤣🤣🤣
@mosthated8190
Жыл бұрын
@@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 ?
@karma6768
Жыл бұрын
Zeller Transportation
It is always a bad idea to lease a truck from the same company you depend on for your revenue, ALWAYS.
@stephenmathis3299
Жыл бұрын
Amen
@Danally1123
8 ай бұрын
Not really, a walk away lease is less risky. It’s also an avenue to build business credit in a low risk situation
@user-ep2es1mp5r
4 күн бұрын
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
As a company driver you get benefits like paid vacation with no headaches of the truck
@kylehooker3710
Жыл бұрын
Doesn't make it worth hardly making any money. As a lease operator or owner op, you take off whenever you want.
@concertscoastersandnitro725
Жыл бұрын
@@kylehooker3710 and your not paid when you take off work ...no vacation time
@offroadvehiclelover
Жыл бұрын
@@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.😊
@scottlemiere2024
Жыл бұрын
@@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.
@JTmovingweight99
7 ай бұрын
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.
@CowboyQuan
Жыл бұрын
its a extra 800 a week in take home pay . ur already clearing 1300 hundred a week as a company man.
@marylandman8638
2 ай бұрын
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.
@softlifejasmine
2 ай бұрын
Not to mention the high taxes you pay as a business owner(lease operator)
We need to eliminate brokers.
@alejandrobarcena8564
Жыл бұрын
The only way to eliminate them is by becoming one yourself
@alexiscobian9146
Жыл бұрын
Then you have to find your own loads.
@jeffreycairns767
Жыл бұрын
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.
@charlesbrown6258
Жыл бұрын
@@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
@jeffreycairns767
Жыл бұрын
@@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.
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!
@shaydesofblue2281
Жыл бұрын
Depending on locations. In TX, my hourly truckers doesn't get paid that much.
@goshawk4340
Жыл бұрын
Pay is around 24 to 25 an hour in Dallas.
@ne9835
Жыл бұрын
@@goshawk4340 😱😱
@TheGSoutherland
9 ай бұрын
These are 6 month statements
@LeAlexo
9 ай бұрын
First one literally makes more than you lol
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.
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.
@PallasRil
Жыл бұрын
It's not minimum wage. It's 6 months. Double each amount.
@MarlonMcKnight-dm7yw
Жыл бұрын
How can I apply to hfc
@benab5912
Жыл бұрын
How much experience did u have prior to working for HFC?
@AsphaltCowboy615
Жыл бұрын
@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.
@DarryModz
Жыл бұрын
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 🤝
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
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
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.
@TheAutisticTrucker
Жыл бұрын
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
@MrJshsedgwick
Жыл бұрын
@@TheAutisticTrucker obviously, which is why the guy you are commenting on said "once the lease operator pays the federal taxes..."
@charlesbrown6258
Жыл бұрын
They pay their own taxes, they're owner operators buying a truck through the company
@jeffreycairns767
Жыл бұрын
Federal and provincial tax.
@dominickjustave3558
Жыл бұрын
@@charlesbrown6258 no there not
Eliminate brokers and actually run more loads, with a smaller company and you’ll bring in over 120k as a lease operator.
@ukroadgoat
7 ай бұрын
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.
@kennethlopez4217
5 ай бұрын
@@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
@ukroadgoat
5 ай бұрын
@@kennethlopez4217 you do not make much sense, dude. Let's put it to rest. Whatever. Peace and keep safe out there.
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.
@94wasajam
Ай бұрын
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
Ай бұрын
@@94wasajamA worn out money pit
@94wasajam
Ай бұрын
@@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.
I work local 12 hours a day,60 hours a week,grossed 94k last year
@laosbboie
Жыл бұрын
Very nice
@reinaldostrobel81
Жыл бұрын
What's your employer?
@kenerythompson88
Жыл бұрын
@willynaylor7356 what was your net?
@bubbles6883
Жыл бұрын
@Steve H yeah I dont want to do that
@nia6849
Жыл бұрын
@@bubbles6883 why you say that? Explain
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...
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!!!
@veritasjustus8543
14 күн бұрын
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.
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.
@chasewilliam1902
Жыл бұрын
It's for 6 months lol
@Bama_Boy
Жыл бұрын
@@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.
@charlesbrown6258
Жыл бұрын
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
@musayildiz9189
Жыл бұрын
@@charlesbrown6258 I agree but who ever that guy is leasing with isn’t making much
@truck_the_world6137
Жыл бұрын
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.
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.
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
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.
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.
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.
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.
@CowboyQuan
Жыл бұрын
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.
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.
@NorthAmerican-Trucking-News
Ай бұрын
All great points! There's only so much info to pack into a KZread short
Mile pay is a rip off Everyone steals from the driver
Company driver have decent pay with no responsibility. That's great for drivers who hate responsibility and being told what to do, where to go and when, and how much time they're allowed to take off with or without pay to do personal things. Owner operators deal with lots of registration fees and taxes along with the other truck expenses. In a great season you'll pay very little for repairs and in a bad year... you plan ahead by having a backup truck to decide whether to repair it or acquire a different truck while keeping yourself moving in the 2nd truck. Take advantage of ALL tax benefits and put yourself on your own payroll. At the end of the day there will always be those who say that being a company driver is better because of a dollar amount and that it's less stressful. But there are those "other thinkers" who understand that if it were 1970 I'm not trying to work for Robert E. Low; instead, I'm going to watch him, learn, and BE Robert E. Low... the founder of Prime Inc. Yes, come and work for me and make millions FOR ME while you brag about $100k per year with zero responsibility. It's all about perspective, not a "what's better" overall opinion.
@NorthAmerican-Trucking-News
6 күн бұрын
That's an interesting take
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
@quiet9088
Жыл бұрын
What'd you do to get your own truck ?
@N54God666
Жыл бұрын
@@quiet9088 can you not read?
@TheGamingChad.
Жыл бұрын
@@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?
@N54God666
Жыл бұрын
@@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
@TheGamingChad.
Жыл бұрын
@@N54God666 what does an F650 classify as? Does it still have plenty of opportunities when it comes to trucking?
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.
@NorthAmerican-Trucking-News
Ай бұрын
So, a give and take if you will.
a company driver is drug tested a lease driver is not
@392nightrunner
Жыл бұрын
Any cdl driver is tested
I know one company I'd never even consider going to work for...
@squonkers762
Жыл бұрын
Western Express
@reinaldostrobel81
Жыл бұрын
@@squonkers762 what's wrong with western express?
@squonkers762
Жыл бұрын
@@reinaldostrobel81 lol
@eugeneanthony4623
Жыл бұрын
@@reinaldostrobel81 Everything. They got worst pay 💰 in the USA 🇺🇸
@lamentingdriver
10 ай бұрын
I'm stuck there for another 4 months until my contract is done. 2 months in rn.
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
@NorthAmerican-Trucking-News
Ай бұрын
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?
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.
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
@brendanberto-jones3352
Жыл бұрын
100k a year is not bad 🤣
@scottlemiere2024
Жыл бұрын
@@brendanberto-jones3352 that was six months and no taxes were taken out on the sucker. So you can deduct another 40% from that $53k.
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.
You got about 25k in taxes to take out of that lease operator still. Lease operator is a scam.
@RonLennard1020
2 ай бұрын
Don’t forget write offs, leasing is a business model , not a company job with no overhead to operate.
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
This dudes a crook. Doesn't care about his drivers
@craigcp7455
11 ай бұрын
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
Lmao both those numbers are weak, I make more then the o/o as a company driver. The way I see it both of them need to look for a better place
@Yannick3585
2 жыл бұрын
For 6 months its not that bad. Depend on how many days out.
@El_Borrego_Negro
2 жыл бұрын
@@Yannick3585 my schedule is 17-7 thats 5-1-5-1-5-7, every 1 day I'm home then I get 7 days off. Like getting a vacation every 17 days. As a company driver you should be around 30k at 3-4 months. If you're not there, I would advise to keep looking
How many hours did each work?
$35k/yr working 70hrs per week. What a joke!
@TheDeane
Жыл бұрын
He said six months so 70k. Still crap tho
No profit driving trucks... Thank you. 👍
@turbo12v
2 жыл бұрын
@@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.
@alelectric2767
Жыл бұрын
@@turbo12v Then go start your own company. 👍
@jeffreycairns767
Жыл бұрын
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.
@jesslittle7110
Жыл бұрын
Lots of profit driving trucks .... just not for them .
@TheDeane
Жыл бұрын
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
Lease operator is the biggest mistake ever.! If you want to be an owner operator then go buy yourself a truck of your choice from a dealership. Get your own authority and you just might stand a chance of making it.
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?
@squonkers762
Жыл бұрын
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.
@spamspammingtom6397
Жыл бұрын
Pretty sure he just misspoke. It is pretty clear the second one is the company driver info.
35g for company driver!!! Are you nuts
@chasewilliam1902
Жыл бұрын
It's for 6 months. Do your ears work?
@alexdreychan566
Жыл бұрын
@@chasewilliam1902 my ears are working just fine
That’s what happens when you go to a big company, the pay sucks.
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
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.
That lease operator is actually doing very well considering they're buying a truck too.
This is a Canadian, and talking about 6 months. So take that in mind.
@CartoonWeasel
2 жыл бұрын
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....
That company is disgusting. Companies that pay that little should be embarrassed .
Hey that’s pretty cool how much did the company make off those two drivers?
Walmart truck drivers start at $90,000.... This doesn't make any sense...
Uber driver’s make more then this in NYC
@NorthAmerican-Trucking-News
2 ай бұрын
I hear that... and I believe that
This is an important video! Awesome job! Thanks. Will watch again!
You forgot about the IRS and taxes to Uncle Sam. That's an additional 25% of $53,221.00
Thanks Great Video Presentation Very Clear Camera Lots of information Thanks Again
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.
@NorthAmerican-Trucking-News
3 ай бұрын
Leasing blindly will sink you very very quickly
U said the 1st driver is the company driver...the first driver you mentioned was the lesse correct?
@NorthAmerican-Trucking-News
Ай бұрын
Yes! Thank you for pointing out that error!
Seems like some drivers are working for peanuts.
Company driver will sue u for workman's comp
@NorthAmerican-Trucking-News
2 ай бұрын
Workman's comp?
Have to dispatchers for my company don't even answer the phone it's very frustrating
This is pathetic ! 35k for company driver.
@NorthAmerican-Trucking-News
16 күн бұрын
To be fair this was a 2022 video
Remember if you don't pay any money into social security you're not going to get much out I work 30 years as a union driver now I get 3,000 a month social security you won't get s*** when you retire working for a lease purchase. And I get a Teamster pension too.
@CartoonWeasel
2 жыл бұрын
Thats what i figured also. The lease doesnt pay for any benefits of anykind. If he did it would come up to the same. Also lease will still need to pay taxes at the end of the year
The difference!? Company driver gets paid! Lease driver doesn't!
Thanks for showing us not to work for your company
I make 70k as a company driver and only stay in the US. I don't have to drive 3k miles aweek.
@NorthAmerican-Trucking-News
Жыл бұрын
Thanks for sharing Bob!
No matter how much money you make, it’s not enough, for sacrificing your life for a truck. Don’t waste your life, or your family’s life, for a truck.
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.
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
God damn you don't pay your driver shit do you I'm a company driver over here making $100,000 in the US you guys are fucking paying shit aren't you let me guess you're paying your company drivers 36 Cpm 😂
@warlocksnevereverdie
2 жыл бұрын
It's over 6 months
@chipinfoos
2 жыл бұрын
How are you making $100,000 as a company driver for 6 months????
@itsallovernow2929
2 жыл бұрын
@@chipinfoos That's lease operator for 6 months
@chipinfoos
2 жыл бұрын
@@itsallovernow2929 so trucking journeys is a lease company driver making $100,000 in 6 months? That would be pretty good 👍
@CartoonWeasel
2 жыл бұрын
@@itsallovernow2929 the comp driver also was for 6 months
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. $7k is the floor.
Lol I'm a company driver my gross pay last year was 117.000$. 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.
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
@nia6849
Жыл бұрын
How many days a week do you work to get 40 hours?
@tnhomestead
Жыл бұрын
@@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!
No wonders this industry is at its brink to collaps…. All that hustle and stress for peanuts…..No thank you….
@clydeweaver3569
Жыл бұрын
6 month statement
It would be 53 against 49 don't forget oo have to pay taxes as well.
@NorthAmerican-Trucking-News
Ай бұрын
True!
@TitusPullo08
Ай бұрын
@@NorthAmerican-Trucking-News had to edit 53 not 43. Lol
As a company driver, I'm at 110,000, in a full year. That company driver is not doing so great, and that lease operator is getting hosed
This is why I left the industry. Too much time away from home and rude customers for the money
Yeah no tax deductions bro, you’re misinforming people
What does it mean to be a lease operator?
@NorthAmerican-Trucking-News
18 күн бұрын
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
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.
wow! i knew canadian drivers made less than usa drivers but i didn’t know it was that much
@itsallovernow2929
2 жыл бұрын
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.
@El_Borrego_Negro
2 жыл бұрын
@@itsallovernow2929 I remember my first part time job lol
@itsallovernow2929
2 жыл бұрын
@@El_Borrego_Negro LOL, except I'm 18+ years trucking and considered full time.
@CartoonWeasel
2 жыл бұрын
@@itsallovernow2929 im a rookie and being paid 25/h in QC.
@CartoonWeasel
2 жыл бұрын
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.
Excellent work! A real contribution!!
@NorthAmerican-Trucking-News
6 ай бұрын
Glad you liked it!
And what he doesn't tell you,, owner ops make much more than lease operators, especially if you own your truck outright
Both are low paying jobs.
@alelectric2767
Жыл бұрын
Take home of $53K is not a low paying job.
@lordpowell3788
Жыл бұрын
@@alelectric2767 yes it is. Anything at or below 1000$ 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.
@simbos174
Жыл бұрын
@@alelectric2767 I took home 86k I think that’s low… I’m an electrician
@laosbboie
Жыл бұрын
@@simbos174 Keeping the lights on
@codym7960
Жыл бұрын
@@simbos174 he said these numbers are 6 months not full year.
You never deducted income tax from the lease operator….it’s a wash. Better to be a driver. You can keep the headache
Where can I make that much as a lease operator? So far I’m not having any luck getting anything near that.
@NorthAmerican-Trucking-News
Ай бұрын
With this video being about a year old, things are a lot more different today
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.
Not worth it . You’re insane be away from home for 50 is bad but for 35 that’s even worse
@chasewilliam1902
Жыл бұрын
It's for 6 months
The most revealing is that your company pay is too low. Thats gonna hurt the recruiters wallet more than anything 😂
Can't understand why you'd want to be a lease driver, when you could just get your own authority, and drive completely independent. Thoughts?
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
Much more to consider
@NorthAmerican-Trucking-News
5 ай бұрын
There's always more to consider, this was just some of the key factors!
Okay. Where are the taxes to be paid by the lease operator because he still has to pay taxes which will basically bring it to the same as the company driver
There is no way I know company drivers bringing in over $80,000 a year he is just trying to get people to lease out so the trucking company makes more.
I’d be broke if I’d work for you, we’re doubling that in ny / nj not even breaking a sweat
@NorthAmerican-Trucking-News
Ай бұрын
Congrats!
I like how everyone in the comments section is making 150k a year, full benefits, home everynight with 1 month vacation.
No. The difference is IF THEY LIKE YOU. Nothing else you said even mattered...!
If you make 35 k a year as a cdl A driver get out now
@NorthAmerican-Trucking-News
4 ай бұрын
Haha, yup
@Coachplayer
2 ай бұрын
You didn’t watch the video close enough
@Real08-j9g
2 ай бұрын
@@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
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.