New Trucker
Topic 18558 | Page 1
With out knowing a hole lot more info such as the kind of freight, how many miles, and what other pay there may be. My gut says no that is not a good deal
OWI:
Operating While Intoxicated
Sandy, from a purely legal point of view, you are not an independent contractor unless you own the truck. Only an unscrupulous trucking company would try to convince their employees that they're independent contractors, and that is so they can circumvent paying payroll taxes. You should clearly run from this opportunity and not look back.
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CDL:
Commercial Driver's License (CDL)
A CDL is required to drive any of the following vehicles:
- Any combination of vehicles with a gross combined weight rating (GCWR) of 26,001 or more pounds, providing the gross vehicle weight rating (GVWR) of the vehicle being towed is in excess of 10,000 pounds.
- Any single vehicle with a GVWR of 26,001 or more pounds, or any such vehicle towing another not in excess of 10,000 pounds.
- Any vehicle, regardless of size, designed to transport 16 or more persons, including the driver.
- Any vehicle required by federal regulations to be placarded while transporting hazardous materials.
Independent Contractor? Do you mean Owner Operator , or Lease Operator?
From what I have gathered, and learned, an o/o, or l/o will make a lot more than that, per mile. I recently watched a trucking vlog on youtube, where an o/o was making $2.15 per mile, on a load with 700 miles on it. And he got 78% of the revenue from the load. I am not sure all the math that goes into it, but, if you, as an Independent Contractor, are only making .35cpm that is not good at all.
If you are company, that isn't a bad starting point. But then I am confused as to how a company driver can be an Independent Contractor.
Owner Operator:
An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.
CPM:
Cents Per Mile
Drivers are often paid by the mile and it's given in cents per mile, or cpm.
Uh...NO! New company drivers with less than a year's experience (at a lot of companies) make 35 cents per mile or more.
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As an independant contractor making 35 cents per mile, with $100 coming out your pay every week until for 6weeks and $150 a month for insurance is that good for a beginner