I'm Quitting C.R. England Because Of Low Miles

Topic 7034 | Page 3

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Old School's Comment
member avatar
Great Answer!

Greeny, I don't want to burst your bubble, but I don't know any truck drivers who are making six figure incomes. I noticed an earlier post where you made a similar comment, and I decided not to say anything, but if you persist in putting this kind of information on here I have to correct it. If not for your sake, at least for the other new folks who jump in here looking for "trucking truth".

I was a business owner for many years, and I had years where our revenues were measured in large six figure amounts, yet the money that we actually made were only around thirty or forty thousand dollars. The only truck drivers that you could have possibly spoken with who think they are making six figure incomes would be owner operators, and one of the things they seem to learn early in their careers is how to exaggerate their incomes.

A hard working individual who has a good head on his shoulders can really do well in truck driving. You can earn some good money. You can make a good steady pay check, and you can enjoy a totally cool life style that few people can afford. But it is very rare for a truck driver to make a six figure income.

There is a great disparity between revenues and actual dollars earned in the trucking business. With an industry average of around a 3% profit margin, just doing some simple math will show you that a lot of people are losing money in this business. It's been that way for a long time. There are some major players in this game who can afford to keep the margins low. It is a commodities business where the lowest bid gets the job - there is no getting around that. There are little niches here and there that people try to capitalize on, but they are always short lived as the onlookers will move in on them like sharks in a feeding frenzy.

Any truck driver who has told you they are making six figure incomes does not have enough sense to differentiate between revenues and actual income.

Owner Operator:

An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.

Arejay (RJ)'s Comment
member avatar

Old School, I don't want to burst your bubble....

But I've done my research and found that it is indeed VERY COMMON for truck drivers to be paid a six figure salary.... In Pesos!

dancing-banana.gifrofl-2.gifrofl-1.gifdancing-banana.gif

$30,000 USD = 437,614.50 Mexican Peso

Robert B. (The Dragon) ye's Comment
member avatar

Old School, I don't want to burst your bubble....

But I've done my research and found that it is indeed VERY COMMON for truck drivers to be paid a six figure salary.... In Pesos!

dancing-banana.gifrofl-2.gifrofl-1.gifdancing-banana.gif

$30,000 USD = 437,614.50 Mexican Peso

Yo Quiero Taco Bell

Old School's Comment
member avatar

Ralph, your research has confirmed my suspicion - it is those foreign truck drivers who are making all the dinero!

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Scott O.'s Comment
member avatar

Ralph, your research has confirmed my suspicion - it is those foreign truck drivers who are making all the dinero!

I worked on the docks at Conway freight in pa off 81 and Conway HR managers say there senior drivers make 100k + but that's ltl line haul

LTL:

Less Than Truckload

Refers to carriers that make a lot of smaller pickups and deliveries for multiple customers as opposed to hauling one big load of freight for one customer. This type of hauling is normally done by companies with terminals scattered throughout the country where freight is sorted before being moved on to its destination.

LTL carriers include:

  • FedEx Freight
  • Con-way
  • YRC Freight
  • UPS
  • Old Dominion
  • Estes
  • Yellow-Roadway
  • ABF Freight
  • R+L Carrier

Line Haul:

Linehaul drivers will normally run loads from terminal to terminal for LTL (Less than Truckload) companies.

LTL (Less Than Truckload) carriers will have Linehaul drivers and P&D drivers. The P&D drivers will deliver loads locally from the terminal and pick up loads returning them to the terminal. Linehaul drivers will then run truckloads from terminal to terminal.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Brett Aquila's Comment
member avatar
Yo Quiero Taco Bell

rofl-3.gif

Brett Aquila's Comment
member avatar
I worked on the docks at Conway freight in pa off 81 and Conway HR managers say there senior drivers make 100k + but that's ltl line haul

Maybe a few guys that run their *ss off and have been with the company for 25 years might be making that. Maybe.

LTL:

Less Than Truckload

Refers to carriers that make a lot of smaller pickups and deliveries for multiple customers as opposed to hauling one big load of freight for one customer. This type of hauling is normally done by companies with terminals scattered throughout the country where freight is sorted before being moved on to its destination.

LTL carriers include:

  • FedEx Freight
  • Con-way
  • YRC Freight
  • UPS
  • Old Dominion
  • Estes
  • Yellow-Roadway
  • ABF Freight
  • R+L Carrier

Line Haul:

Linehaul drivers will normally run loads from terminal to terminal for LTL (Less than Truckload) companies.

LTL (Less Than Truckload) carriers will have Linehaul drivers and P&D drivers. The P&D drivers will deliver loads locally from the terminal and pick up loads returning them to the terminal. Linehaul drivers will then run truckloads from terminal to terminal.
Scott O.'s Comment
member avatar
double-quotes-start.png

I worked on the docks at Conway freight in pa off 81 and Conway HR managers say there senior drivers make 100k + but that's ltl line haul

double-quotes-end.png

Maybe a few guys that run their *ss off and have been with the company for 25 years might be making that. Maybe.

When I was in orientation with them that's what they said.... They said the senior drivers make that much.... But Conway here they pay 19.01 a hour on the dock and I think .53 cpm to start

LTL:

Less Than Truckload

Refers to carriers that make a lot of smaller pickups and deliveries for multiple customers as opposed to hauling one big load of freight for one customer. This type of hauling is normally done by companies with terminals scattered throughout the country where freight is sorted before being moved on to its destination.

LTL carriers include:

  • FedEx Freight
  • Con-way
  • YRC Freight
  • UPS
  • Old Dominion
  • Estes
  • Yellow-Roadway
  • ABF Freight
  • R+L Carrier

Line Haul:

Linehaul drivers will normally run loads from terminal to terminal for LTL (Less than Truckload) companies.

LTL (Less Than Truckload) carriers will have Linehaul drivers and P&D drivers. The P&D drivers will deliver loads locally from the terminal and pick up loads returning them to the terminal. Linehaul drivers will then run truckloads from terminal to terminal.

CPM:

Cents Per Mile

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

Brett Aquila's Comment
member avatar
But Conway here they pay 19.01 a hour on the dock and I think .53 cpm to start

Wow! 53 cpm is amazing for starting pay. It's amazing for ending pay!

smile.gif

But even if those guys were cranking out 120,000 miles per year they'd have to be making 83 cpm to hit $100,000 in earnings. That pay per mile and total earnings are more than double the industry average and that's if you're cranking out some pretty good miles.

CPM:

Cents Per Mile

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

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Scott O.'s Comment
member avatar
double-quotes-start.png

But Conway here they pay 19.01 a hour on the dock and I think .53 cpm to start

double-quotes-end.png

Wow! 53 cpm is amazing for starting pay. It's amazing for ending pay!

smile.gif

But even if those guys were cranking out 120,000 miles per year they'd have to be making 83 cpm to hit $100,000 in earnings. That pay per mile and total earnings are more than double the industry average and that's if you're cranking out some pretty good miles.

Oh I know that now but when I worked there on the dock and they said that my jaw dropped and that's when I got to thinking about becoming a trucker lol

CPM:

Cents Per Mile

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

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
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