Skip to main content

Site Navigation

Your Account

Choose Language

Company driver question in regard to what carriers charge

Do you ever see any paperwork that shows what your carrier is getting paid?

Are they getting rich?

Answer this question I have this problem too

Is this a good question?

Score 1
Add a comment

6 Answers

Most Helpful Answer

There is nothing wrong with someone "getting rich" as you ask. I call most of these scenarios as "being successful", but if you are working for a carrier, running 120K+ miles per year making <$40K per year, your working for the wrong carrier!

UNLESS.........you are covered with DOT/CSA violations!

Was this answer helpful?

Score 2
Add a comment

I wouldn't say rich. They are making money. A good carrier has got operating costs down to the penny. So they may only net .05 per mile. But some may net .25-.50 or even more. But after you figure that multiply that times how many trucks they have.

Was this answer helpful?

Score 1
Add a comment

What a carrier makes really is no different then what Wal-Mart makes profit on a loaf of bread you buy. That is their business. Do your research and find a good home. I know carriers sometimes take big hits that company drivers never feel. They take the risk which sometimes is good and sometimes not.

Was this answer helpful?

Score 1
Add a comment

Is it important to you, as a company driver, to know what kind of dollars your carrier is making on your load? Or, is it important to you, as a company driver, to know that at the end of the load, you are getting paid for what you were hired to do?

At the end of the day, I have no concern on the profit margin of a Big Mac for my local McDonald's franchisee. Although, I am concerned that my carrier stays ahead of the game, and can pay it's bills and cover my payroll, it is not important for me to know what their bottom line is.

If it is important for you to know what kind of dollars and cents your carrier is making or losing on the loads that you are pulling, maybe it is time to look into an O/O, I/D or lease purchase program so you can look at the numbers?

Was this answer helpful?

Score 1
Add a comment

I would hope my carrier is making good money on the freight because then hopefully they are making enough to pay me more.

Was this answer helpful?

Score 1
Add a comment

It is no secret. The FMCSA requires every Carrier to make available the rated freight bill to each of their leased operators.

I am amazed by how many people try to play this game and don't know the rules to the game. Why would you guess, when it comes to your money? All you got to do is read.

Here's the reg, whether percentage or mileage, the carrier has to show you the charges your revenue is based on.

http://www.fmcsa.dot.gov/rules-regulatio...

(g) Copies of freight bill or other form of freight documentation. When a lessor's revenue is based on a percentage of the gross revenue for a shipment, the lease must specify that the authorized carrier will give the lessor, before or at the time of settlement, a copy of the rated freight bill or a computer-generated document containing the same information, or, in the case of contract carriers, any other form of documentation actually used for a shipment containing the same information that would appear on a rated freight bill. When a computer-generated document is provided, the lease will permit lessor to view, during normal business hours, a copy of any actual document underlying the computer-generated document. Regardless of the method of compensation, the lease must permit lessor to examine copies of the carrier's tariff or, in the case of contract carriers, other documents from which rates and charges are computed, provided that where rates and charges are computed from a contract of a contract carrier, only those portions of the contract containing the same information that would appear on a rated freight bill need be disclosed. The authorized carrier may delete the names of shippers and consignees shown on the freight bill or other form of documentation.

Was this answer helpful?

Score 1
Add a comment

Add your answer

darren90909 will be eternally grateful.
View Statistics:

Past 24 Hours: 0

Past 7 Days: 0

Past 30 Days: 0

All Time: 614