$.29 Per Mile
Topic 25250 | Page 2
29 CPM is low. I started out 32 cpm 2.5 years ago. But the 32 cpm only lasted 6 months.
Personally if he is not under contract, seriously would recommend looking elsewhere. If he is, then about a month from the end of contract start looking. Also would be the quickest way to find out what kind of driver he really is. If the company is willing to let him just walk, not that great of a driver. If he is a good driver, company will ask one very important question: “What can we do to get you to stay?”
I have been asked that twice now. First time I opted to stay. This time, I am taking the other opportunity.
The first time I was looking at possibly leaving Wolding was at my 1 year mark. I was looking for different and unique opportunities. I looked at companies that did concerts. Wife shot that one down, lol. I looked at a lot of different outside the box type of jobs. The opportunity I passed on was hauling motorcycles, ATVs and snowmobiles. That would of been a cool job, lol.
Seriously, if your buddy is not under a contract it is probably in his best interest to start looking elsewhere. If for no other reason, it could be leverage for a pay raise, as long as he was willing to not just be bluffing.
CPM:
Cents Per Mile
Drivers are often paid by the mile and it's given in cents per mile, or cpm.
TWIC:
Transportation Worker Identification Credential
Truck drivers who regularly pick up from or deliver to the shipping ports will often be required to carry a TWIC card.
Your TWIC is a tamper-resistant biometric card which acts as both your identification in secure areas, as well as an indicator of you having passed the necessary security clearance. TWIC cards are valid for five years. The issuance of TWIC cards is overseen by the Transportation Security Administration and the Department of Homeland Security.
GP negoiates contracts year to year. I ran one 4.5 years ago and it paid .30. The companies pay the drivers based on the contract. I would never recommend doing their fleet. We did get a bonus at the end of the year if you drove enough miles, but that wasn’t anywhere near the lost revenue of the low cpm
CPM:
Cents Per Mile
Drivers are often paid by the mile and it's given in cents per mile, or cpm.
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This driver opted out of per diem on the advice of his tax person. Why I don’t understand. He has a perfect driving record, on time deliveries and has had no negative issues. When he told me his pay rate, I was shocked.
CPM:
Cents Per Mile
Drivers are often paid by the mile and it's given in cents per mile, or cpm.
Per Diem:
Getting paid per diem means getting a portion of your salary paid to you without taxes taken out. It's technically classified as a meal and expense reimbursement.
Truck drivers and others who travel for a living get large tax deductions for meal expenses. The Government set up per diem pay as a way to reimburse some of the taxes you pay with each paycheck instead of making you wait until tax filing season.
Getting per diem pay means a driver will get a larger paycheck each week but a smaller tax return at tax time.
We have a ton of information on our wiki page on per diem pay