Percentage Pay Versus Mileage Pay

Topic 10485 | Page 5

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Old School's Comment
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Unfortunately, this data is from 2019

That is unfortunate. Freight rates are so low right now that this data is very unrealistic.

Sir Victor II's Comment
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I agree! I have learned that a budget and an acute ability to financial discipline is key to being financially free and doing things smartly. I want to find OldSchools on the road cook books! I'm tired of inflammation from fast food. It's terrible. I'm cooking with my Mother so I can get better at my ability to save financially and health wise. I do research for health for both sides of the aisle and wow is there a lot you have to watch for these days.

Vic, I'm not stalking u I swear lol. I see your concern about the money. Yes you will make more money driving a truck than whatever you're doing at 10hr. I've also said several times that these flatbed companies pay well and not one will outshine the other so much that there will be an obvious choice. It's a dangerous job simply driving, being a rookie flatbed driver just adds to that. Pick a company with thorough training and decent equipment to make your job easier. You will make money out here, but it depends more on you and your ability to solve problems and efficiently doing the job. You could make .75cpm and not make any money if you don't know what you're doing.


Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

Sir Victor II's Comment
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That is staggering! Big differences. Hoping we get back to those rates or better.

I tracked everything (fuel cost, MPG, CPM , %, O/O %, etc etc etc) to compare my truck to the same driver that would be paid in CPM, % of load (what I chose), and a O/O leased onto TMC.

Unfortunately, this data is from 2019, and it looks like I can only recover the first 15 weeks:

All else being equal through the first 15 weeks I was with TMC:

%: $23,749.61
CPM: $16,308.00
O/O: $69,394 (before expenses)

This worked out to 56 CPM vs 40 CPM (had I chose to take CPM instead of % of load)


Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.


Hours Of Service

HOS refers to the logbook hours of service regulations.
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