Best trucking companies to work for owner operators

By Zippia Expert - Dec. 17, 2021

The trucking company that pays owner-operators the most is Covenant Transport and CRST Expedited. While the average truck driver pay per mile is between 28 and 40 cents per mile, owner-operator truck drivers at these companies earn between $1.50 and $1.60 per mile.

Top Paying Companies for Owner-operator Truck Drivers:

• Covenant Transport: Solos are paid $1.40 per mile, with a $5000 sign-on bonus and 2300 guaranteed miles per week. Teams are paid $1.50 per mile, with a $10,000 sign-on bonus and 4000 certified miles per week.

• Crete Carrier began as an all-owner operator company in 1966. There are a variety of pay packages from which to choose, from flat-rate mileage to percentage of gross load revenue.

• CRST Expedited boasts 50 years of industry experience, and the company is passionate about supporting its owner-operators. Those who already own their rig make an average of $1.60 per mile, while those in the extensive lease purchase program earn 70% of revenue plus a fuel surcharge.

• J.B. Hunt is where owner-operators can enjoy local and regional opportunities moving railway containers and are typically home daily or weekly.

• National Carriers offers Owner Operator pay and benefits that help truck drivers get ahead. OTR trucking jobs with the Elite fleet offer steady year-round freight and dependable home time when you need it.

• USA Truck is committed to helping its owner-operators grow their business. Choose between mileage pay at $1.05 per mile or revenue pay of 65% plus fuel charge surcharge. Self-dispatch, bonuses, and an extensive lease purchase program make USA Truck a top choice for owner-operators.

• Warren Transport is a 100% Owner Operator carrier, so "taking care of business" means seeing that your business is booming. Independent Contractors profit from a steady stream of high paying freight, plus a variety of cargo that allows Owner-Operator truck drivers the flexibility they want.

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1. I reached the point in my career that I'd never again want my trucks somewhere that relied on a carrier for freight.
   There are various reasons for this, biggest of all being rates.
   My experience and observation has been no carrier will give you access to big money, they will attempt to keep as much as they can for themselves in whatever way possible. One such example being brokering loads to themselves thus keeping (stealing) however much they want for themselves before offering it to their O/Os.
   These scams are real and does happen out there, I've personally been on the other end of it.

   So that left me with two options, get my own authority or lease onto carrier that let's me run my own show.

   There's positives and negatives for each.
   There's many threads of how to get your own authority and what comes with it so I won't really get into that here.
   Will say one of the big challenges was insurance for both rates and wanting to grow a fleet, was not liking what I was hearing there.

   Okay so leasing onto a carrier that let's you run your own show, what's the biggest challenge with that?
   Well most all of them want to keep 20%+ of your gross which sucks.
   However after some time I found exactly what I wanted a carrier with 90% pay with freedom along with offering lots of value and support.
   Been here a few months now and my experience has been wonderful, I could not ask for any better.

   So how it works is basically this...
   YOU are running your own show under their numbers.
   You are free to get your own loads, customers etc.
   Whatever bills you turn in Tuesday you get paid that Friday, no factoring fees or anything like that.
   When you pick up a load you immediately can access a 40% advance for no fee.
   You are given a fuel card that money is loaded onto and that has fuel discounts.
   They handle all the back office stuff keeping you good to go.
   Making sure you're good on all your permits, doing your IFTA, drug program, logs etc etc.
   Insurance is less expensive than what I could get with my own authority, plus they are cool with me growing a fleet under them no problem.
   Carrier log in for a bunch of brokerages is given to you but I personally really just use DAT.
   They do care a lot about safety and their rating, one such example being they offer bonuses if you get pulled in for DOT inspection and pass.
   They already pay 90% so them offering more money for passing inspections is cool.

   What I feel the greatest bonus with my truck under them is this...
   If I got my authority I'd have a new MC and appear as a noobie.
   By being under them they (brokers/customers) see a carrier in business 8 years, 100+ trucks (mostly all O/Os), good safety rating but that's not all..
   Most all the brokers I've worked with we're already set up and the "carrier" has done business with before and built a good service record with.
   I feel there is huge value in that and plays a factor in commanding the rates that I do.

   Overall there truly is a lot of value in their 10% and another aspect is my time.
   I currently have two trucks and am aiming for a third by Summer.
   Managing drivers and working to get the best rates possible takes a lot of my time and time is money. There is only so much I can do as one person but by being leased onto this carrier I have staff and support on my side.
   Couple examples..
   If a broker is giving me a hard time over detention pay, I've told them and they have offered to help on fighting to get me money (which they have succeeded).
   Another example is a TONU (truck order not used). Long story short one time a broker screwed me on a load and then was giving me a hard time on paying. I told my carrier what was going on and that I was slammed. They went to work for me and got me my money. Those are examples of them going the extra mile helping me out and saving me time.
   For me personally I feel I just can't beat the value that is here and 90% pay, plus being treat as a person part of a team and not a number.

   There's really no need to be giving up 20%+ to be leased to a carrier if you don't go the own authority route.
   For me 90% works and is worth it where I'm at, Mag carriers out of Georgia.
   There are a few other good paying similar programs out there I considered, this ain't the only one but it has worked for me.
   Most of all wherever you consider try to be sure you get paid what you're worth and deserve. Too many out here take advantage of trucks drivers, we deserve better.

   I will share on this thread some of my experiences working the open market which I am here. Feel free to ask any questions.

2. Trucking Jobs in 30 seconds

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3. Sounds like you found a great gig, that works out well for you. Let's hope it continues.

4. Win win, Almost to good to be true, keep us updated if you would please!

5. I've never paid over 10% when I was leased. Sounds like you found a home like me. Good luck and Happy Trails.

7. Sounds like a fair arrangement.
   Question. Are you pulling their trailers? Included for the 10% or is there some extra monthly fee? Or have your own wagons?

9. I have a new truck so no choice. They do allow older trucks though.

10. I have my own trailer but keep in mind that I pull a dump trailer and that's a different ball game than general freight.

11. I brought my own trailer.
    They have an option for a Van for an extra fee but it ain't their trailers though.

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