That translates into average weekly pay ranging from $560 to $1,200. The average salary of a owner operator truck driver is $290,246 per year or $5,582 per week. class type, city and state, number of hours of training. However, while, If youre considering working as a DSP driver, you may be wondering how much you can earn, how much DSP owners make and how the program works. They also have a higher upfront cost when compared to company drivers, as owner-operators must cover the cost of their own commercial driver . Here you will find as listed by SeekCapital, the lowest truck driver salaries, which takes into account the salary and the high cost of living index in the state. Why is that? Related Article >What Every Trucker Should Know About Dangerous Truck Deliveries. Some long-haul truck drivers, also called owner-operators, buy or lease trucks and go into business for themselves. What can influence CPM? How Much Does The Average Truck Driver Make Per Year? If youre just getting started, you can expect to be paid less than someone with a few years of experience, but many companies will offer pay raises every 4-6 months as you progress through your first year as a driver. The median cost of trucking school is $3,500. A few companies do pay up to $0.45 cents per mile. Passenger vehicle drivers operate buses, taxis, and other modes of transportation to take people from place to place. There are a few variables that go into the average we use, but it comes from over 6.5 million salaries submitted from truckers online and job boards. And, because we use a sliding pay scale based on experience and length of haul, the more experience you have, and the more dispatched miles you run, the higher your pay may be. Heavy and tractor-trailer truck drivers transport goods from one location to another. However, there is a tremendous variation in pay depending . Well break it down, For women who are interested in a career in trucking, theres good news: there are many opportunities to earn a great living in this career. Another con comes from inclement weather. They are known for being one of the leading Orlando trucking companies for, ABCO Transportation, Inc. is known for its commitment to safety and specializes in hauling non-hazardous goods. The State and Area Data tab provides links to state and area occupational data from the Occupational Employment and Wage Statistics (OEWS) program, state projections data from Projections Central, and occupational information from the Department of Labor's CareerOneStop. The average driver makes about $40,000 per year. Most drivers complete between 2,000 and 3,000 miles per week. What Is The Highest-paying Trucking Company. Our truck driver pay per mile scale is below: Qualified Driving Experience: Pay Per Mile: 0-5 months: 52 cpm: 6-11 months: 53 cpm: 1-3 years: 58 cpm: 3+ years: 60 cpm: After 120,000 Melton Miles: . In addition, states may produce projections for areas; there are links to each states websites where these data may be retrieved. Percentage pay for the company driver is not common. CDL Truck Driving Job in Savannah, GA | EARN 65 CENTS PER MILE Average $1,950 A Week @ 3K Miles OTR Position Starting Pay is 60 Cents Per Mile Auto Raise to 65 Cents Per Mile after 30 Days A fair hourly paid rate should apply to all delays encountered by the driver. Some drivers have one or two routes that they drive regularly, and other drivers take many different routes throughout the country. But that doesnt mean that you cant earn a great living doing what you love. This is an increase of $3 from the previous per diem rate that expired on September 30, 2021. Some truckers say that in a 70-hour work cycle, as much as 10 of those hours may be unpaid because the truck just isnt moving. The .gov means it's official. I always have enough money to pay my bills and extra money to save. What Is The Highest-paid Trucking Company? And is it beneficial? Pay-by-mile is one of the most common ways to earn income as a truck driver. This tab also includes links to relevant occupational information from the Occupational Information Network (O*NET). However, we hear of small trucking companies paying percentage. According to the Bureau of Labor Statistics, the median annual income for truck drivers in 2014 was $39,520. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment. Even if youre already in the business, you may want to find out if your pay rate is fair, or below average. But it's important to keep in mind that these are only averagesfor aCDL truck driver salary/pay, which means that the data includesindividuals at all stages of their careers and in all types of trucking., So, when researching "how much does a truck driver make", keep that in mind. A little competition in the workplace can aid in drivers working harder. 2023 Truck Driver Salary Reference Guide The Only One You Need, Average Truck Driver Salary U.S./Canada, BEWARE of Posted Truck Driver Salary Rates, The Highest Paid Truck Drivers By State, TOP 10 STATES FOR OVERALL BEST TRUCK DRIVER SALARIES, 10 STATES FOR OVERALL LOWEST TRUCK DRIVER SALARIES, Average Truck Driver Salary United States By State, Average Truck Driver Salary Canada By Province, Truck Driver Salary 5 Influencing Factors. The Federal Motor Carrier Safety Administration regulates the hours that a long-haul truck driver may work. We personally dont like this method, but it has unfortunately become the gold standard here in North America. This of course does not include his or her rates for accommodations. During this time, they drive a truck accompanied by an experienced mentor-driver in the passenger seat. About 259,900 openings for heavy and tractor-trailer truck drivers are projected each year, on average, over the decade. Life as a driveaway driver may be a good choice, Read More How Much Do Driveaway Drivers Make?Continue, Why did you get into the trucking business? The projected percent change in employment from 2021 to 2031. GP Transco has one of the lowest turnover rates of all trucking companies, and this is partly because of the great salary and benefits. The Work Environment tab includes the number of jobs held in the occupation and describes the workplace, the level of physical activity expected, and typical hours worked. Compensation is rather low for rookie drivers, but pay rates usually increase after 6 months to 1 year. Florida: The average salary is $60,566. *For purposes of this webs page the term "Salary" is used as a basis of pay comparison to other trucking jobs. Many owner-operators routinely work with the same company, and many lease their trucks through a carrier in hopes of being their own boss. That translates into average weekly pay ranging from $560 to $1,200. This model works well for the trucking industry at least it did for many decades. Those who succeed have reported bringing home earnings of $60,000-$80,000 or more. Most heavy tractor-trailer drivers work full time. If you think you can simply buy a truck on Trucker to Trucker and start raking in over $150,000 per year, youd be dead wrong. Swift's drivers are not paid a fixed amount each week. Median wage data are from the BLS Occupational Employment and Wage Statistics survey. IF YOURE LOOKING FOR A HIGH PAYING TRUCK DRIVING JOB, the secret is to look for a state where the salary is high and the cost of living is low. Cost-Per-Mile; Driver pay: $0.44: Fuel: $0.53: Truck insurance: $0.16 . These drivers either have a very long tenure, but most likely theyre owner-operators. Truck Driver Pay Per Mile Typestrucks.com Already know truck driver pay per mile calculator? The highest paying owner operator jobs are long-distance runs, which may require you to spend a lot of time out on the road. Drivers must record their hours in a logbook. Remember, just because you gross over $150,000 per year, that doesnt mean all of that money is going into your pocket. Some North American trucking companies dont pay drivers adequately, for time spent behind the wheel and away from home, along with considerable out-of-pocket expenses. Cdl drivers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $41,000 a year, while the top 10% makes $96,000. Related Article >The High Paying Truck Driving Jobs You Should Know About. Hourly rate of pay for truck drivers, by Canadian province. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. It may be more economical for truckers to pay a higher percentage of revenue to shed expenses and increase profits. . Another positive aspect of being paid per mile is that it averages out to a decent hourly wage. Starting Pay is 60 Cents Per Mile; Auto Raise to 65 Cents Per Mile after 30 Days; Average 2700 - 3300 MPW; 5,000 SIGN ON BONUS; Benefits with Free Dental and Vision; Out 14 Days Home 3; Out 21 Days Home 5; Out 28 Days Home 6; Out 35 Plus Home 7 Days; New 2022 or 2023 . Some long-distance drivers, especially owner-operators, are paid a share of the revenue from shipping. Rather, Swift drivers are generally compensated by the trip as is customary in the industry. GP Transco truck drivers also report happiness with the transparency and support the company provides. Just like many other job professions out there, the truck driver job pay amount you earn will depend on a persons ability to perform at or above the employers expectations. Average marginal costs per mile The trend Trucking's average operational costs per mile vary year to year, based on several line items, including driver wages, equipment costs, tolls and fuel. Now that the problem is very serious, some trucking companies are finally getting the message they can no longer pay peanuts to drivers. As of October 2018, TanTara has transitioned into a percentage pay format from the traditional mileage pay for our flatbed drivers. There are many reasons for this major drop in miles and every IC probably has their own take. A veteran 40+ years truck driver shares 10 of the all time, tried and true truck driving safety tips ALL professional truckers should know AND follow! The companys headquarters are located in Russellville and. Other companies may pay as much as $0.45 per mile. Many specialists are forecasting a 50% increase in the average pay per mile for truck drivers 2022. The site is secure. These estimates are available for the nation as a whole, for individual states, and for metropolitan and nonmetropolitan areas. Prices depend on the type of CDL class type, city and state, number of hours of training, and whether you take it at a college or independent school. The rate of truck driver pay CAN sound great for some states. In our research and studies, I was interested to learn that most companies indicated the company driver would get 10,000 miles per month, on average. Amazons DSP program, Status Transportation Owner Operator Jobs & Pay. We promote this method of pay to the truck driver for the above reasons. Weighing out the pros and cons of being paid per mile as a truck driver shows that there are more positives than negatives. Calculate Your Own Cost-Per-Mile: The Cost of Trucking $1.38 The average per mile operating cost for the trucking industry $180,000 The average total yearly cost of operating a commercial truck The largest operating expense is diesel fuel. Heavy and tractor-trailer truck drivers transport goods from one location to another. Then for renting a trailer and for cargo it costs about $500 a week, the cost of fuel on a weekly basis depends on the miles traveled but also on the truck you drive. Riverside Transportation - Franklin, TN. During these classes, drivers also learn the federal laws and regulations governing interstate truck driving. Driving for many consecutive hours can be tiring, and some drivers must load and unload cargo. This method is easier to track for the company and the driver. Per diem pay portions are not eligible for . They may drive trains, coordinate the activities of the trains, or control signals and switches in the rail yard. Breakdowns stop a truck driver from completing any miles. 5,000 SIGN ON BONUS. Drivers can get endorsements to their CDL that show their ability to drive a specialized type of vehicle. Truck drivers are typically paid anywhere between a range of $0.27 and $0.50 per mile. Drivers learn the federal laws and regulations governing interstate trucking. Their earnings are structured around a mileage rate with some jobs paying extra money for various other duties. All state projections data are available at www.projectionscentral.com. They must have a commercial drivers license (CDL). . The Midwest has the highest average flatbed rates at $3.11 per mile; the lowest rates are in the West, with an average of $2.41 per mile. Auto Raise to 65 Cents Per Mile after 30 Days. But they dont necessarily earn a significant amount more. Median wages for rookie truck drivers are between $0.27 and $0.29 per mile. Physical health. Under this scheme, workers are paid a fixed rate for the unit produced regardless of how long it takes. Average truck driver pay per mile is between 28 and 40 cents per mile. However, our investigations tells us that some companies WILL charge for truck delays to their customers but NOT pass on the money to the driver. The average base salary for a trucker in the US is $77,321 per year, compared with an average salary of roughly $51,000 for the rest of the US. Certain cargo requires drivers to adhere to additional safety regulations. Because of the potential for traffic accidents, heavy and tractor-trailer truck drivers have one of the highest rates of injuries and illnesses of all occupations. On these team runs, one driver sleeps in a berth behind the cab while the other drives. There is less chance of a driver being short paid by the company as the EOBR will accurately record the drivers hours worked. two weeks after two years, and three weeks after ten years. The factor of experience is easiest to understand by dividing the above range into sub-ranges that can be labeled within different levels of experience. There are distinct niches in the trucking industry where trucker pay is above the average wages paid. Trucking Rates Per Mile Trucking Rates Per Mile Stay on top of truck freight rates per mile and keep your profit margins high. The type of truck being driven. The Pay tab describes typical earnings and how workers in the occupation are compensatedannual salaries, hourly wages, commissions, tips, or bonuses. For the most accurate professional driver salary figures, its best to refer directly to the pay of a specific driving job with the trucking company of your choice. Drivers of heavy trucks and tractor-trailers must be able to coordinate their legs, hands, and eyes simultaneously so that they will react appropriately to the situation around them and drive the vehicle safely. Additionally, some companies have stricter standards than what federal regulations require. Based on data released by the Bureau of Labor in 2018, on average truck drivers in the US make about $44,000. Some companies are making the shift towards other compensation models, like hourly or even profit percentages. In the very least, know what youre getting into. In this case, the unit produced would be miles. Average truck drivers get paid per mile between 28 and 40 cents. Company Following behind GP Transco is Barr-Nunn, where the average salary is $87,142, and Walmart, with an average salary of $87,013. This is one of the most common types of pay across the trucking industry. Costs fell 9% for TL carriers and 3.5% for LTL carriers from 2018 to 2019, according to ATRI. Today, the company is the leading regional LTL carrier and serves more than 950 locations, Headquartered in Johns Creek, GA, Saia Trucking has more than 185 terminals and 12,000+ employees. Pay per mile, often called CPM (cents per mile), pays drivers for the miles they run. The per-mile rate varies from employer to employer and may depend on the type of cargo and the experience of the driver. This is certainly one of the most frequently asked questions by those considering pursuing a career as a trucker, and for those truckers already in a driving job, but looking for greener pastures. This is not the first time that rates have increased. Hand-eye coordination. 5,000 SIGN ON BONUS. The What They Do tab describes the typical duties and responsibilities of workers in the occupation, including what tools and equipment they use and how closely they are supervised. If you drove all 52 weeks in a year at those rates, you would earn between $29,120 and $62,400. How Much Money Do Truck Drivers Make at Prime? Within mileage pay, there are several ways to calculate truck driver pay. The projected numeric change in employment from 2021 to 2031. As for percentage pay for the owner operator, much of the financial success of this method of pay would strictly depend on the trucking company the owner operator is leased to. Unlike other industries, truckers are paid by the mile not hourly, or on a salary basis. Drivers also are limited to driving no more than 60 hours within 7 days or 70 hours within 8 days; then drivers must take 34 hours off before starting another 7- or 8-day run. As a result, there is a truck driver shortage in North America. . Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Heavy and Tractor-trailer Truck Drivers, Please enable javascript to play this video.