Find Your Company
Owners & L2P Commercial GP Transco
Earn up to $0.60 per mile as a Solo driver, W2-1099 Full Benefits, Trailer rent available
IL | CA
DV
OTR | OO
5 DAYS OTR
W2 | 1099
FULL BENEFITS
VL | FHTL
YES
Apply now
1149
Owners & L2P Commercial Freightech
OTR Solo up to $0.60 per mile, W2-1099 Full Benefits, Sign on $2,500 bonus
IL
1099 | W2
OTR | OO | L2P
2 WEEKS OTR
FHTL | KW
DV | RF
UP TO 70 MPH
YES
YES
Apply now
577
Owners & L2P Commercial HMD Trucking
Local up to $27 per hour, W2-1099 Full Benefits, $10,000 Sign On bonus
IL
DV | FB
LC | RG | OTR | L2P
2 WEEKS OTR
W2 | 1099
FULL BENEFITS
FHTL | PETE
YES
YES
Apply now
1266
Owners & L2P Commercial DVL Express
OTR Solo up to $0.83 per mile, W2-1099 Full Benefits, Training for other trailer types
IL
DV | RF | FB | SD
LC | RG | OTR | OO | L2P
1099 | W2
FHTL | VL | PETE
Apply now
1231
Owners & L2P Commercial Freight Union
OTR Solo up to $0.70 per mile, 1099, Full Benefits, Training available
IL
DV | RF
OTR | OO | L2P
1099
VL
YES
YES
69 MPH
Apply now
3179
Owners & L2P Altex Logistics, Inc
Owner operator up to $10k per week, 1099, Gym membership, Sign On Bonus $8k
IL
DV | CO | FB | SD | RF
OO
5 DAYS OTR
1099
PETE | FHTL | VL
YES
YES
Apply now
490
Owners & L2P Commercial Transco Lines
Regional up to $0.60 per mile, W2-1099 Full Benefits, L2P available
AR
DV
RG | OTR | L2P
2 WEEKS OTR
W2 | 1099
FULL BENEFITS
INTL | FHTL | VL
YES
YES
Apply now
867
Owners & L2P Commercial Manas Express
Owner operators needed Up to 91% gross, W2-1099 Full Benefits, $2,000 Sign on Bonus availability
IL
1099 | W2
OTR | OO
2 WEEKS OTR
FHTL | VL
DV | RF | FB | SD | CO
Apply now
706
Owners & L2P Commercial Efros Group
OTR Solo up to $0.75 per mile, W2-1099 Full Benefits, Paid vacation $1,300
IL
DV | RF
OTR | OO
2 WEEKS OTR
1099 | W2
FULL BENEFITS
FHTL | PETE | VL | MACK
YES
YES
68 MPH
Apply now
897
Owners & L2P Commercial Skiff Express
Owner operator $1.00 per mile, 1099 Plenty of bonuses, Load every day!
IL
OO
1099
ANY TIME
FHTL | VL
DV
YES
YES
Apply now
354
FAQ
Becoming an Owner Operator

These are drivers who operate their own businesses and work with other businesses or customers. The vehicle is either leased purchased trucking jobs or owned by them. With this model, the driver is accountable for any dangers that the firm may encounter, but they are still their own bosses.

These drivers are frequently independent contractors rather than employees of a firm. As a result, because taxes are not deducted automatically from earnings, owner-operators are responsible for paying them.

Drivers, as company owners, must consider the expenditures that must be accounted for. This would include maintenance, breakdowns, and health and liability insurance.

As an owner-operator, a driver might earn more than a driver who works for a company. The typical value is around 70% of the load. Earnings for owner-operators range from $75,000 to $155,000, depending on the driver's ambition and dedication. Being on the road all the time would result in a larger salary.

After deducting all expenditures, owner-operators can earn $2000 - $3000 per week, however it is crucial to note that these figures vary depending on expenses and driver commitment.

How to succeed as an owner-operator truck driver?

It's common for owner operators truck driving jobs to begin their careers as company drivers before making the move to freedom, but it's not a must. The fundamental driving knowledge and abilities required for each position are the same.

Still, each strategy has drawbacks and advantages. You won't need to manage your business finances or acquire or lease a car if you work as a corporate driver. However, as an owner operator, you may choose the loads you want to haul and possibly make as much money as you want, but you'll also need to make vehicle and equipment purchases. To become a successful owner operator truck, follow these procedures.

  • Evaluate your personal situation.
    • A career in trucking or being an owner operator or having owner operator truck driver job is more than that. It's a way of life decision.
  • Assess your finances.
    • Starting your own business demands personal investment, which can involve taking on more debt. Consider your financial condition before making a car purchase or lease decision.
  • Get a commercial driver’s license (CDL).
    • A commercial driver's license (CDL), if you don't already have one, is required to operate as an owner operator and can be used to obtain lease purchase CDL jobs
  • Form a business.
    • You must establish a legal firm before requesting a USDOT Number since the Federal Motor Carrier Safety Administration (FMCSA) will inquire about how your company is run.
  • File for USDOT number.
    • The FMCSA assigns you a U.S. Department of Transportation (USDOT) number.
  • Get your trucking authority.
    • You are recognized as a carrier "for hire" who transports products on a contract-by-contract basis by your motor carrier (MC) number.
  • Purchase truck insurance.
    • Owner operators with authority are required by FMCSA to have liability coverage.
  • Decide whether to buy or lease a truck.
  • Outline a business plan.
  • Use load boards to find freight.
  • Get an electronic logging device (ELD).
    • You must purchase an FMCSA-compliant ELD in order to abide by the rules. Since you are theoretically both a driver and a fleet manager, create accounts for both.
  • Increase cash flow with invoice factoring.
  • Follow the golden profit ratio.
  • Make your health a priority.
  • Create a system for managing finances.
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