October 2019 | A STRONG GROUP

Monthly Archives: October 2019

how to become owner operator

How to become owner operator?

How to become owner operator is one of the most is one of the most raised questions (or concerns) among the drivers who have more than one year of experience.

They heard that the status of an owner operator helps them make more money and they want to get those owner operator trucking jobs and own their own truck.

How to become owner operator and when is the best time?

Before starting the process of becoming an owner operator, one should ask himself is now the right time for them to do it.

The best candidates for owner operators are experienced drivers who are ready to operate on their own. Usually, they have around 3-5 years of experience.

These drivers already know how the industry works and are capable of being independent. But, this doesn’t have to be the case for all. Some drivers advance faster and some slower, if you think you got what it takes to become independent, then let nobody stop you!

What do you need to start?

First, you need to get a USDOT number and MC number.

Next, you need to get all the required insurances, you can check that here. Since you will be owning your own truck, you need to have your own ELD. Or if you want to be an owner operator and work with us, you will get our ELD, so you don’t have to worry about that.

Of course, you will need a starting capital to pay for all the expenses and the equipment you need. If you find yourself overwhelmed with everything but you have all the money required, then you could try and find the service to do everything for you.

Managing the expenses

As an owner operator you will have a lot more earning potential than a company driver. When you become one, the profit should be on your mind from day one.

But, however, to maximize profit, the expenses have to be minimized. Regulations, liabilities, maintenance, insurance, and fuel are just some of the expenses you will have to deal with.

Reducing the operating costs should be your focus when you become an owner operator. There are a couple of ways to reduce those costs. For example, you can reduce your fuel costs just by going a bit slower.

If you keep your speed around or below 65 MPH mark, you will increase your fuel efficiency by up to almost 30%! That’s not a small increase in efficiency!

Or go even further by contacting the company that can provide you with lowest fuel prices in the

US, and offer you fuel discounts.

How to get your own truck

The thing that a lot of drivers who are wondering how to become owner operator don’t think about too much is the financing for the equipment. You can’t blame them since today there are a lot of options to get the financing.

You will have 2 options: using your savings if you have enough to cover everything or bank financing.

Trucking equipment is not cheap by any means, and this is why most people get bank financing. Pick the bank carefully, take your time and find the best possible deal you can, the lower the interest rates the better.

Choosing a bank can be stressful, costly and time consuming so it might be a better option for

you to go through a financial advising company that will do all the work for you and connect you

straight away with the best bank.

Also, simple rule and useful advice: if your down payment is bigger, your monthly payments will be less. Balance the two according to your possibilities.

Calculating your success

The formula for your success is pretty simple.

Once you’ve calculated your expenses per mile, you will know just which load is a money maker and which one isn’t.

Once you subtract you expenses per mile from the revenue per mile you will get the number of your gross revenue.

Once you remove the taxes from gross revenue, you will get your net profit.

Conclusion

How to become owner operator? Well, now you know all the basics you need. When you become one, be sure to give us a call! We work with a lot of owner operators and together we make great money!

OTR leasing – Should you do it?

OTR leasing – a doorway to a significant gross increase. Owner operator trucking jobs bring a lot more money than company positions and OTR leasing programs are a great starting point.

Misinformation about lease purchase programs is often a barrier between company driver and his future as an owner operator, which is why we came up with this guide to give all those company drivers interested in OTR leasing a hand.

How is OTR leasing different than the company position?

As a lease operator, you will be owning the truck you drive, which gives you a lot more flexibility, freedom and a lot bigger earning scale, depending on the lease program you choose.

When you own your truck, you get to pick your own loads and keep the bigger piece of the cake for yourself.

Depending on the carrier you decide to work with, that piece can vary in size. But, when compared with the earnings of a company driver, you will be getting significantly greater amounts of money.

What can you expect?

You can expect a better working schedule since you will be the one who is creating it. You pick the lanes, the rates, load and home time as you please.

From that moment on, when you sign an OTR leasing program, you are your own boss and you decide how, when and what will you haul.

As for the income, you’re looking at $140,000.00 NET yearly and more, depending on the carrier you lease on to.

Even when you put lease purchase payment into the calculation, you still end up with more money and you have your own truck in the end.

What do you need to apply for the OTR leasing program?

The conditions vary from program to program.

When it comes to our lease purchase program, we require that you have at least 2 full years of OTR experience with valid CDL class A, and 24 years of age at least.

As for the downpayment, depending on the model of the truck, the downpayment can vary from $5,000.00 to $20,000.00.

You can lease the truck without any downpayment, but we require that you work with us as our OTR driver for 3 months prior to the OTR leasing program, just enough time to get to know each other.

The best lease purchase program so far

Our OTR leasing program is among the best ones that you can find – guaranteed!

We offer 88% of the load, 99% no-touch freight, dedicated dispatcher, cargo and liability insurance, no-forced dispatch, fuel cards, parking spot, repair shop and much more.

We got your back on everything!

And the direct deposit is every Friday.

Conclusion

85% of carriers in the US have started as lease purchase operators, and now own up to 6 trucks!

Our OTR leasing program is one of the best opportunities you can have at the moment to earn more, rest more and be your own boss!

Gret in touch with us, and we can give you the list of trucks we have available for lease purchase that you can call your own.

How many truck drivers in USA are there?


As of October 2019, there are around 3.5 million truck drivers in the USA. This number, however, represents only the truck drivers, the total number of people employed in the trucking industry exceeds 8 million.

Are truck drivers still in demand?

Even though we witnessed a few companies shutting down, truck drivers are still in demand, and truckers of those companies will probably find new jobs very fast.

There’s still plenty of freight to haul, and even though the market doesn’t look that great when compared to last year, there’s still enough job demand for a trucker to earn his pay.

We’re highly in demand and we’re often looking for good drivers to meet the needs of our customers.

Apply here for the best rates (70 CPM & 60 CPM) and miles in the country!

Why are truck drivers in the USA important?

Trucking drives the economy and the economy drives trucking. It’s an inseparable bond. Truckers are also the first to signal the general state of the economy. If consumer confidence is high, so will be the demand for transportation of the goods they’re buying.

Truck drivers are one of the best examples of the American dream. One of the most frequent routes to business ownership is owning and operating a truck or a small fleet.

Over 90% of carriers operate with 6 or fewer trucks, meaning that the trucking industry is made up of small business owners.

Is trucking a good carrier choice?

When compared to average household income, truck drivers in the USA still make a good living. Truck drivers average salary is still bigger than the average middle-class worker.

But, overall, is it a good carrier choice?

For those who want to earn decent money fast with minimum entry requirements, absolutely. The main problem the truck drivers have is not getting enough miles or getting low rates for the miles they get.

You can often see companies offer a decent CPM, but when the driver starts working with them, he gets around 2500 miles per week, which results in not so great earnings.

It’s important to do the math before applying for a driver position with a carrier. High rates, high miles is the best formula for great earnings!

Our drivers average around 3000+ miles per week with 60 or 70 CPM, based on the division.

What does the future hold?

With recent innovations in the industry in the form of self-driving trucks and volatility of the market, there’s a debate among truck drivers in the USA what will happen in the near future.

Self-driving trucks are a reality, but also the reality is that they won’t be able to automate everything a trucker does on a daily basis.

In Conclusion

Truck drivers in USA are still making good money on average. Some better, some worse, depending on their company and the lanes they run.

OTR is still the way to go if you aim for the highest earnings possible, while regional and local have significantly lower rates.

 

CDL Jobs Class A – Open positions!

CDL Jobs Class A positions open!

CDL jobs class A currently in the offer:

TYPE OF DRIVER

TRAILER TYPE

EXPERIENCE REQUIRED

AVERAGE SALARY

OTR Solo Driver

Flatbed

2 years

$1,900.00 net per week

OTR Solo Driver

Dry Van

2 years

$1,700.00 net per week

OTR Team Drivers

Flatbed

2 years

$4,000.00 net per week

OTR Team Drivers

Dry Van

2 years

$3,300.00 net per week

Owner Operator

Flatbed

2 years

$6,500.00 gross per week

Owner Operator Dry Van 2 years

$6,000.00 gross per week

We’re looking for drivers who love to make money to fill out our CDL jobs class A applications! Several positions are open due to the expansion of our fleet. We have a lot of loads, a lot of miles and great new equipment (trucks and trailers) to offer.

Our average driver does around 3,000 miles per week, and that’s the minimum we expect from all of our new drivers.

APPLY NOW!

ALL MILES ARE PAID (EMPTY & LOADED)

The loads are here, the best rates in the US are here, the only thing that’s missing is you!

Flatbed rate for solo drivers0.70 CPM (0.75 CPM for teams)

Dry Van rate for solo drivers0.60 CPM (0.65 CPM for teams)

Owner operators – 3 payment options:

  • 88% gross revenue (not included Cargo & Liability Insurance, trailer
    rental and IFTA)
  • 80% gross revenue ( Cargo & Liability Insurance included)
  • 70% gross revenue ( included Cargo & Liability Insurance, trailer rental, and IFTA)

There’s a great lease purchase program available if that’s what you would like as well.

99% no-touch freight with a lot of benefits and help from the company, $2,00 – $3,00 for empty or loaded miles!

We often post CDL jobs class A in search of the best of the best drivers in the country who are capable to deliver all the miles we can provide.

When you take a look at the average truck driver salary today, coming on board with us will be a no-brainer, because you can get even double that amount here.

It is in our core belief that the synergy between dispatch and safety teams and drivers is the key to mutual success.

You can rely on our dispatching team to give you the best loads and to keep you busy, no time wasted! Working together to create an influx of 3,000 miles on average is the routine around here.

Forget about changing companies, and going around in circles trying to find the right one, here you will get what you deserve, finally!