Independant Contractor

Topic 4706 | Page 1

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Eric P.'s Comment
member avatar

What's the difference between an O/O and an independent contractor?

I think (but, I'm not sure) that O/O are truckers that not only own their own trucks but, also bid on what loads they want to take. Where as, an independent contractor is someone who owns their own truck but, hires onto a company and hauls their loads for a higher cpm than what a company driver would get.

Any info?

CPM:

Cents Per Mile

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

Brantley B.'s Comment
member avatar

Do O/O always have a better gig?

Eric P.'s Comment
member avatar

To be honest I'm looking for more info myself. My father in law owns his own truck but, has hired onto a company that hauls loads for Schneider, JB Hunt and one other I forget the name of... From what I see most of his loads are within 250-400 miles and he's shown (before he accepts the load) what he'd get paid for that load. From the few times that I've gone with him his loads average between $800-$1300. He has to handle his own taxes, fuel, tolls, repairs etc... but, to my thinking at 6 days a week he's averaging close to 6k a week before expenses. That puts him at $312,000 a year (before expenses).

I can't wait to see what he clears at years end

guyjax(Guy Hodges)'s Comment
member avatar

When I had my own truck I grossed $275,000 and I cleared $68k.

While, in this recovering economy, I would not recommend having your own truck and I am sure this has been one subject that has been death so I will only say at least get 3 or 4 years experience first to learn how the trucking industry works.

James R.'s Comment
member avatar

When I had my own truck I grossed $275,000 and I cleared $68k.

While, in this recovering economy, I would not recommend having your own truck and I am sure this has been one subject that has been death so I will only say at least get 3 or 4 years experience first to learn how the trucking industry works.

You guys are going to have to make a macro or make a copy that you can just copy paste in or something lol.rofl-3.gif

guyjax(Guy Hodges)'s Comment
member avatar

double-quotes-start.png

When I had my own truck I grossed $275,000 and I cleared $68k.

While, in this recovering economy, I would not recommend having your own truck and I am sure this has been one subject that has been death so I will only say at least get 3 or 4 years experience first to learn how the trucking industry works.

double-quotes-end.png

You guys are going to have to make a macro or make a copy that you can just copy paste in or something lol.rofl-3.gif

Yea no doubt. This question comes up often. But rather than out right saying don't do it I choose this time to take a middle ground. Did not feel like having a long drawn out conversation about it. The going back and worth, while is health for a good debate, after a while it starts to take away from the post and the meaning and intention of the post gets lost.

OOS:

When a violation by either a driver or company is confirmed, an out-of-service order removes either the driver or the vehicle from the roadway until the violation is corrected.

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