Owner Operator Percentage

Sep 17, 2014 at 07:12 AM CST + 2
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Could someone tell me what percentage owner operators pulling hoppers are getting for just tractor and for tractor and trailer

Replied on Thu, Sep 18, 2014 at 10:32 AM CST
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. A few years ago we received 82% of gross pulling their trailers. I was responsible for compliance, ifta, fuel card etc. I have no idea if this was fair back then, but it seemed there 18% cut was a little high to me. We lasted about 3 months before we left.

Replied on Thu, Sep 18, 2014 at 01:14 PM CST + 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Last company I was with, we paid O/O's 10% with their own trailer and 80% with ours. 10% for a trailer may seem high but we never really made money on the trailers after tires, insurance, repairs, tags ect.

Replied on Fri, Sep 19, 2014 at 09:10 AM CST + 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Truck,trailer&my reputation,8%or we don't talk...

Replied on Fri, Sep 19, 2014 at 02:17 PM CST + 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. So are we talking owner operators with own authority getting 90-92%

Replied on Sat, Sep 20, 2014 at 09:01 AM CST
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Quote: "Truck,trailer&my reputation,8%or we don't talk..." Joe is that with your own authority?

Replied on Sat, Sep 20, 2014 at 09:47 AM CST
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Quote: " Last company I was with, we paid O/O's 10% with their own trailer and 80% with ours. 10% for a trailer may seem high but we never really made money on the trailers after tires, insurance, repairs, tags ect." Your exactly right 8% trailer and 10% dispatch is fair, if they do repairs over $50, minus negligence Get a trailer lease agreement in advance, and read it.

Replied on Sat, Sep 20, 2014 at 09:47 AM CST

Posted by a private BulkLoads.com member.

Quote: " Last company I was with, we paid O/O's 10% with their own trailer and 80% with ours. 10% for a trailer may seem high but we never really made money on the trailers after tires, insurance, repairs, tags ect."

Your exactly right 8% trailer and 10% dispatch is fair, if they do repairs over $50, minus negligence Get a trailer lease agreement in advance, and read it.

Replied on Sat, Sep 20, 2014 at 12:30 PM CST + 3
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. With my Authority and Equipment 92%. Their authority my equipment 87%. Their authority and their trailer 78%. This is just my view but get your own trailer fast as you can. You will save money in the long run. I was paying 10% for their trailer. One month my trailer payment was over $2000. I put $5000 down on a 32,000.00 trailer my payments are $580.00 per month. The savings more than pay for any tires/repairs and put more $$$ in my pocket. If companies weren't making money charging you a percentage they wouldn't do it. If you are running their trailer you are making their payment for them.

Replied on Sat, Sep 20, 2014 at 12:30 PM CST

+ 3

Posted by a private BulkLoads.com member.

With my Authority and Equipment 92%. Their authority my equipment 87%. Their authority and their trailer 78%. This is just my view but get your own trailer fast as you can. You will save money in the long run. I was paying 10% for their trailer. One month my trailer payment was over $2000. I put $5000 down on a 32,000.00 trailer my payments are $580.00 per month. The savings more than pay for any tires/repairs and put more $$$ in my pocket. If companies weren't making money charging you a percentage they wouldn't do it. If you are running their trailer you are making their payment for them.

Replied on Sun, Sep 21, 2014 at 09:25 AM CST
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. I agree with Steven on this one, get your own trailer. If you take care of it well, tires and brakes should be your only major upkeep expenses. After a few years you might have to replace the tarp with all the daily use on it, but that can be done for less than $1,000. The other key item, trailers hold their value, unlike trucks.

Replied on Mon, Sep 22, 2014 at 08:31 PM CST - 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. I have two guys running my authority one with my trailer the other with his own. I dispatch them both. I charge ten and twenty percent and it works for all of us

Replied on Tue, Sep 23, 2014 at 07:59 AM CST
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Quote: "So are we talking owner operators with own authority getting 90-92%" Yes, this is typical for owner operators signing on with their own authority, tractor, trailer, plates, and responsible for everything else. They are independents that are riding or using the dispatch service of a larger carrier. They have learned that they make more money by having somebody in an office keep them moving on better loads. Most companies pay between 75% - 85% for owner operators leased on without their own authority. With a variety of charges for insurance, plates, trailer, etc. It is the risk reward concept. The less risk the booking carrier has the more reward they should pay out. It is funny we have a program for owner operators that ranges from 75% - 90%, it seems that everybody wants the 90% but they don't want the responsiblity or overheads that comes with it. They want us to work for free while taking the risk of them running under our authority. Please realize that we have dry vans as well as hoppers, so that is why there is a wide range with us. Hoppers pay a higher rate then the dry vans.

Replied on Tue, Sep 23, 2014 at 07:59 AM CST

Posted by a private BulkLoads.com member.

Quote: "So are we talking owner operators with own authority getting 90-92%"

Yes, this is typical for owner operators signing on with their own authority, tractor, trailer, plates, and responsible for everything else. They are independents that are riding or using the dispatch service of a larger carrier. They have learned that they make more money by having somebody in an office keep them moving on better loads.

Most companies pay between 75% - 85% for owner operators leased on without their own authority. With a variety of charges for insurance, plates, trailer, etc. It is the risk reward concept. The less risk the booking carrier has the more reward they should pay out.

It is funny we have a program for owner operators that ranges from 75% - 90%, it seems that everybody wants the 90% but they don't want the responsiblity or overheads that comes with it. They want us to work for free while taking the risk of them running under our authority.

Please realize that we have dry vans as well as hoppers, so that is why there is a wide range with us. Hoppers pay a higher rate then the dry vans.

Replied on Mon, Oct 06, 2014 at 01:23 PM CST - 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Quote: "Joe is that with your own authority?" Yes it is John.

Replied on Thu, Oct 09, 2014 at 12:14 AM CST + 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. my truck my trailer my authority I make 90% to be loaded constantly by a single broker

Replied on Wed, Oct 22, 2014 at 12:03 PM CST
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Quote: "So are we talking owner operators with own authority getting 90-92%" Hi Dave, this is Dick Mueller, and somehow I misplaced your ph. no. and your e-mail address and I found this on the load board so thought I could contact you this way. Do you stil;;l have that hopper for sale? If so send me a pic. or two if ypou don"t . mind. my e-mail is [email protected]. Ph. is 417-399-1957 Thanks Dick

Replied on Wed, Oct 22, 2014 at 12:03 PM CST

Posted by a private BulkLoads.com member.

Quote: "So are we talking owner operators with own authority getting 90-92%"

Hi Dave, this is Dick Mueller, and somehow I misplaced your ph. no. and your e-mail address and I found this on the load board so thought I could contact you this way. Do you stil;;l have that hopper for sale? If so send me a pic. or two if ypou don"t . mind. my e-mail is [email protected]. Ph. is 417-399-1957 Thanks Dick