Percentage pay means he gets a percentage of what they charge to haul the load. In the case you described he would get $23 out of every $100. One thing is that he must be able to see what they are actually charging. If they won't show him what the charges are he will have no idea if he is actually getting his percentage. TMC has a video on their website that explains how they pay. http://www.tmctrans.com/drive-for-tmc/why-tmc/pay.aspx I don't know anything about the company you mentioned, sorry. Hope this helps a little anyway.
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I have a friend (no it's not me, I'm quite happy where I am with Swift) who is interested in working with Service Transport Company driving Tankers. I couldn't find much info to offer him so I thought I would ask you guys. He told me that they said its percentage pay & not mileage pay. He say the recruiter told him that the driver makes 23% of what the load pays. I have no idea how percentage pay works or even if it's a good idea. So I guess the 2 questions I have are 1) is this a good company to work for & 2) is percentage pay better than mileage pay. & if you can explain it to me I would greatly appreciate it! Thanks guys!