The average gross most of our trucks are making is between $5,000-$7,000+. An owner operator may take home around $2000-$5000+ weekly, while an investor can make a profit of $500-$2000+ per truck weekly. However, there are many factors that affect profitability. Here you will find a rough estimate of earnings based on average market rates and expense values.
Owner operator and Fleet owner earnings greatly depend on the performance of the person driving the truck
and the type of operations.
The following factors can greatly affect the profitability of weekly operations:
Mileage driven
Frequency of home time, re-sets and days off
Driver performance (efficient communication, consistency, timeliness and punctuality, knowledge of electronic logbooks)
Truck repairs and maintenance
Type of operations (dry van, reefer, flatbed, team)
Changes in the overall market situations
Seasons
Other factors such as additional expenses (for trailer or other services provided)
Definitions:
Owner operators are those who own a truck and drive it themselves.
Fleet owners are also referred to as Investors, they own at least one truck but are not driving them. They typically provide their own drivers and candidates, or CTA can also assist in finding drivers for their trucks.
* The statements shown below serve only as an example of average operations and should not be considered as a guarantee of any sort of earnings since all operations are individual and may vary.
** The following tables represent different estimates for owner operators and fleet owners based on the type of operations (solo or team). If you own a different type of equipment suitable for operations, such as flatbed, stepdeck or reefer, the averagerate per milewill be higher than what you see in the table. Additional estimates may be provided upon request.
The four week columns show four different financial outcomes depending on themileagethe truck ran, or if the truck was moving at all. W4 represents an idle week.
Average rate per mile represents the average broker market rate, it is not fixed, it may be higher or lower depending on the week, the season, the overall market situations, the areas of operation, type of equipment and type of operations. Rate per mile varies load by load.
The Grossis estimated by multiplying mileage by average rate per mile, it does not reflect the actual gross you will be making.
Insurancereflects the company insurance rate. It may also vary from one year to another, or based on driver record.
The downpayment minimum amount that needs to be paid upfront before starting operations is $250.
Diesel cost is estimated at $4.00 per gallon with fuel consumption of 5 miles per gallon. It may vary.
Driver pay is estimated at $0.70 per mile. It may be different.
Tolls and Other expenses are also just estimates and will be different in reality.
Weekly balance reflects your earnings from a given week. Depending on how your truck runs, it could be getting you over $3000 take-home profit every week, but it could also be resulting in negative balance weeks if the truck breaks down or remains idle.
This calculation does not account for any maintenance orunexpected repairs.
