FAQs
High Paying Regional Owner Operator Truck Driver Jobs
- Box Truck Owner Operator. ...
- Company Tanker Truck Driver. ...
- Tanker Truck Driver. ...
- Sewer Truck Driver. ...
- Van Owner Operator. ...
- Water Truck Driver. ...
- Bulk Tank Driver. Salary range: $50,000-$52,000 per year. ...
- Intermodal Owner Operator Truck driver. Salary range: $36,000-$36,000 per year.
Are owner-operators making money? ›
The average owner-operator also makes $2.94 per mile — well above the rates for company drivers, who have an average compensation of $0.72 per mile (although, note that you'll have to allocate some of these extra earnings toward expenses such as maintenance and day-to-day business operations).
Is it smart to become a owner-operator? ›
The biggest benefits of being an owner-operator are by far the freedom with time, work location, and finances. Provided your business is successful, you can be in full control of your time, where you spend that time, and how much you make when you work.
How much do owner-operators make local? ›
$134,700 is the 25th percentile. Salaries below this are outliers. $366,400 is the 75th percentile.
What loads pay the most for owner operators? ›
Freight type
For example, refrigerated loads (a.k.a. reefers) will generally earn more money than van freight because they require a specialized truck. Similarly, flatbed loads often have higher rates because they are heavier or larger than the average load.
What do most owner operators make per mile? ›
Owner operators' average rate per mile depends on factors such as the type of freight being transported, the distance traveled, market demand, fuel prices, and operating costs. However, as a rough estimate, owner operators typically aim to earn between $1.50 to $2.00 per mile on average.
What semi trailer makes the most money? ›
Dry vans are versatile and can be suited to carry various types of commodities. Also, because of that versatility, dry vans are always in high demand among multiple industries. So making income with a dry van won't be a problem. On average, dry van owner-operator can score great annual numbers up to $228,575 a year.
What are the cons of owner-operator? ›
Isolation. Although many people may enjoy the independence of being a truck driver, you are often away from friends and family for a long time and that can become difficult to manage. Potential for Unhealthy Lifestyle.
Is it worth it to own your own semi truck? ›
Your own trucks pack a lot more value into your business and can open up more funding opportunities. Plus, when you own your truck, you have the freedom to use and modify it as you see fit. Ultimately, ownership gives you more control over your business—but also adds a lot of responsibility.
What percent of owner-operators fail? ›
Unfortunately, 90% of new small trucking companies are unable to succeed due to common mistakes made by inexperienced business owners. In this article, we'll discuss the reasons trucking companies fail and how you can avoid making the same mistakes with your new business.
Owner-operator salaries by state. The top five high-paying states for owner-operator truck drivers are California, Rhode Island, Hawaii, Idaho and New York. For the most up-to-date Indeed salaries, please click on the links below: Alabama: $263,464 per year.
What is the best truck for owner-operator? ›
Some truckers swear by a Peterbilt, while others prefer Kenworth, Freightliner, or Volvo. Your best bet for long-haul trucks is to look at companies that have built an extensive dealership network across the nation. Kenworth and Peterbilt trucks have the smoothest ride and handle well in inclement weather.
What is the highest paying owner operator company? ›
Top companies for owner/operators in US
Rank | Company | Avg. Salary |
---|
1 | Landstar System | $169,848 |
2 | FedEx | $163,016 |
3 | Pilot Freight Services | $164,364 |
4 | Knight Transportation | $131,745 |
6 more rows
How do owner-operators pay themselves? ›
Owner-operator jobs vary from different companies, from trucking companies to freight brokers. They may work as a team, or they may be on their own. The pay structure varies by company and by individual contract. Owner-operators receive two types of compensation for their work: a percentage of the load and mileage.
Can an owner operator become a millionaire? ›
Whether through small side gigs or your main gig, being in the trucking industry can lead to interesting opportunities. Many people who work in the trucking industry strike gold and become millionaires because of their job as owner-operators, drivers or company owners.
What machine operator makes the most money? ›
High Paying Heavy Equipment Jobs
- Mobile Crane Operator. ...
- Construction Equipment Operator. ...
- Cement Truck Driver. ...
- Grade Checker. ...
- Heavy Equipment Operator. ...
- Dozer Operator. Salary range: $42,000-$56,000 per year. ...
- Bulldozer Operator. Salary range: $36,500-$56,000 per year. ...
- Overhead Crane Inspector. Salary range: $53,000-$55,000 per year.
What type of freight pays the most? ›
Freight rates fluctuate weekly based on current market demand, but which loads pay higher is relatively constant. Dry vans pay the least, flatbed loads pay higher, and refrigerated cargo pays the most. Each type of load required different driver skills and equipment.
Which type of trucking makes the most money? ›
In the search for the top paying truck driving jobs, the roles of owner operators, heavy haul truckers, and hazmat tank drivers are at the top. Owner operators usually make the most money because they have the flexibility to negotiate their rates and choose the loads that are the best fit for them.
What is the highest salary for a machine operator? ›
Machine Operator salary in India with less than 1 year of experience to 8 years ranges from ₹ 0.2 Lakhs to ₹ 4.0 Lakhs with an average annual salary of ₹ 2.2 Lakhs based on 14.4k latest salaries.