The charts below illustrate trends in operational costs for fleets, according to ATRI's data. The average yearly salary for entry-level employees is $39,406, while the average yearly pay for experienced professionals may reach $62,482. $16,500: Food and drink while on the road - this is called "per diem" and is major for your taxes - you can deduct $66 per day in 2021) $15,000: Truck maintenance $13,000: Insurance $5,000: Tires $1,000: General administrative expenses (accounting, for example) If you drove all 52 weeks in a year at those rates, you would earn between $29,120 and $62,400. What will road life be likeis it worth it? In May 2021, the median annual wages for heavy and tractor-trailer truck drivers in the top industries in which they worked were as follows: Drivers of heavy trucks and tractor-trailers usually are paid by how many miles they have driven, plus bonuses. The three most common per mile pay rates are: Practical Mileage: This is calculated using the most efficient distance between the origin and the destination. ET, lured smaller carriers and owner operators, Trucks, trailers, tonnage: What transport data says about the state of the industry, Unscheduled maintenance becomes less frequent but more expensive, Sexual harassment goes underreported in trucking: FMCSA survey, Driver shortage eases slightly in 2022 but relief likely temporary, ATA reports, Why A. 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The average truck driver's pay per mile is between 28 and 40 cents per mile. And in a world full of traffic jams, delays and inspections, drivers are donating more of their time than they did in the past. For the first quarter of 2022, the average owner-operator has . But that doesnt mean that you cant earn a great living doing what you love. Owner-operators bring home about this much. 1-5 Months Well, typically, earning that much in the profession is pretty uncommon. Salaries below this are outliers. If you drove all 52 weeks in a year at those rates, you would earn between $29,120 and $62,400. Wyoming. Among other stipulations, the law introduced a federal minimum wage and held employers to workplace safety standards. Occupational Employment and Wages, May 2021 53-3032 Heavy and Tractor-Trailer Truck Drivers Drive a tractor-trailer combination or a truck with a capacity of at least 26,001 pounds Gross Vehicle Weight (GVW). The pay rate you receive each month after that will be based on your performance, with a guaranteed base percentage rate of 25%. The Similar Occupations tab describes occupations that share similar duties, skills, interests, education, or training with the occupation covered in the profile. What Is The Highest-paying Truck Driving Job? Truck drivers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $40,000 a year, while the top 10% makes $90,000. Running your own truck is a lot of work, and you need to know what youre up against. Some drivers have one or two routes that they drive regularly, and other drivers take many different routes throughout the country. The overall average salary for a truck driver is around $60,000. But they dont necessarily earn a significant amount more. Large carriers also tend to operate newer trucks with better fuel efficiency, thus contributing to lower fuel costs. Trucking's average operational costs per mile vary year to year, based on several line items, including driver wages, equipment costs, tolls and fuel. Most tractor-trailer drivers are long-haul drivers and operate trucks with a total weight exceeding 26,000 pounds for the vehicle, passengers, and cargo. As carriers adopt more fuel efficient vehicles and even hybrid, battery-electric or hydrogen trucks, average fuel costs will continue to decline although that cost may show up in other line items, such as equipment. 4 Years On average, the salary for a truck driver working at GP Transco is $90,000. It may also discuss the major industries that employed the occupation. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire. Changes to tort reform at the state level could also help level out insurance costs. Costs fell 9% for TL carriers and 3.5% for LTL carriers from 2018 to 2019, according to ATRI. Landstar DUV /RKY Agency 10922 State Route 212 NE Bolivar, Ohio 44612. Some long-distance drivers, especially owner-operators, are paid a share of the revenue from shipping. They may drive trains, coordinate the activities of the trains, or control signals and switches in the rail yard. Heavy and tractor-trailer truck drivers typically do the following: Most heavy and tractor-trailer truck drivers routes are assigned by a dispatcher, but some independent drivers still plan their own routes. Skill is required beyond anything else. Passenger vehicle drivers operate buses, taxis, and other modes of transportation to take people from place to place. Still, costs are up significantly over the last decade, ATRI said in its report. Employment of heavy and tractor-trailer truck drivers is projected to grow 4 percent from 2021 to 2031, about as fast as the average for all occupations. Heavy and tractor-trailer truck drivers held about 2.1 million jobs in 2021. . Some heavy and tractor-trailer truck drivers plan their own routes. In fact, it can take 10 years of experience to start earning about $60k annually. But the Bureau of Labor Statistics does provide some figures to go off of. They spend much of this time alone. Nationally, load-to-truck ratios are at 13.97, compared to 11.36 on January 29 th. Things like gas, maintenance, fuel taxes, permits, tolls, tires insurance and even coffee add up over time and can account for a serious chunk of your earnings. BRAND NEW trucks. Getting this endorsement requires passing an additional knowledge test and a background check. State salaries in the U.S. tend to be all over the map literally. Without your consent employers will not be able to contact with job offers, would you like to opt-in now? How Much Does The Average Truck Driver Make Per Year? A close second is luxury hauler truck driver who can earn up to $100,000 annually. Occupational employment projections are developed for all states by Labor Market Information (LMI) or individual state Employment Projections offices. "Tire demand will reflect economic activity," ATRI stated, adding that tire costs are expected to rise over the next year. Net pay refers to take-home pay amounts after these deductions are subtracted from your check. Estimated average of $3,421 per week Company Solo Driver $0.37 - $0.60 per mile Up to 3,000 miles per week Estimated average of $1,239 per week Owner Operator Driver $1.22 - $1.75 per mile Up to 3,000 miles per week Estimated average of $4,162 per week Salaries by years of experience in California Most truck drivers are paid on a cents-per-mile basis. Working as a long-haul truck driver is a lifestyle choice because these drivers can be away from home for days or weeks at a time. The average salary for truck drivers is $59,684, but that normally requires some level of experience to achieve. Comparing Per-Mile Rates with Per-Hour Wages Experts anticipate continued upticks in driver wages and insurance premiums, but fuel costs may remain low. An alternative to getting paid an annual salary is to be paid per mile driven. The average hourly wage for a Truck Driver - Heavy in the United States is $22 as of September 27, 2021, but the range typically falls between $20 and $26. Owner-operators may take in over $260,000 in gross revenue, but once you deduct expenses, maintenance and all of the costs that go along with running a truck, many dont earn much more than experienced company drivers. The lowest 10 percent earned less than $30,710, and the highest 10 percent earned more than $72,730. The Midwest has the highest average flatbed rates at $3.11 per mile; the lowest rates are in the West, with an average of $2.41 per mile. It does not include pay for self-employed workers, agriculture workers, or workers in private households because these data are not collected by the Occupational Employment and Wage Statistics (OEWS) survey, the source of BLS wage data in the OOH. Even if youre already in the business, you may want to find out if your pay rate is fair, or below average. J.B. Hunt Transport Services Jobs (2,070), Box Truck Driver-Located In Phoenix Sky Harbor International Airport. Throughout the U.S., the average salary for a truck driver is roughly $60,326 per year, which boils down to $29.0 per hour. The U.S. Energy Information Administration expects petroleum demand to remain low through 2021, which will keep diesel prices and fuel costs low for carriers. What is the highest paying truck driver job? The State and Area Data tab provides links to state and area occupational data from the Occupational Employment and Wage Statistics (OEWS) program, state projections data from Projections Central, and occupational information from the Department of Labor's CareerOneStop. Trucking Rates Per Mile Stay on top of truck freight rates per mile and keep your profit margins high. "Once insurance carriers are realizing profits again, they will be able to stabilize rates," Nuest said. To set a fair price for your flatbed truck services, you need to consider things like: The trailer type you need to carry a load At Schneider, drivers can take advantage of: Health benefits. The salary of a truck driver is dependent on various factors such as where they are based, the distance traveled, the size of the vehicle, the hiring company size, seniority, driver qualifications, working conditions, pay structure etc. Truck drivers can have their CDL suspended if they are convicted of driving under the influence of alcohol or drugs or are convicted of a felony involving the use of a motor vehicle. However, the lawmakers did not adjust the FLSA provisions, accordingly, leaving drivers still earning per-mile rates. Truck drivers need good hearing. Truck Driver US$ United States. Average marginal costs per mile The trend Trucking's average operational costs per mile vary year to year, based on several line items, including driver wages, equipment costs, tolls and fuel. Industry averages for total driving labor expense per mile range from $0.49 to $0.83 ($0.67 per mile on average). Reduced costs in several line items contributed to the drop after the freight boom in 2018, as outlined in many of the charts below. Following behind GP Transco is Barr-Nunn, where the average salary is $87,142, and Walmart, with an average salary of $87,013. Despite the insurance cost trend, ATRI's data shows a drop in insurance costs from 2018 to 2019, which the institute described as "the most surprising cost center decrease.". Explore resources for employment and wages by state and area for heavy and tractor-trailer truck drivers. The need for truck drivers should rise as households and businesses increase their spending and their demand for goods. The Real Cost of Trucking - Per Mile Operating Cost of a Commercial Truck Calculate Your Own Cost-Per-Mile: The Cost of Trucking $1.38 The average per mile operating cost for the trucking industry $180,000 The average total yearly cost of operating a commercial truck The largest operating expense is diesel fuel. About the Company JK is Increasing Minimum Company Driver Pay to. There are three primary factors that determine a driver's percentage amount. This period of on-the-job training is given so that the new drivers will learn more about the specific type of truck they will drive and material they will transport. Truck drivers make $60,326 per year on average, or $29.0 per hour, in the United States. A dedicated driver that focuses on deliveries for a single company enjoys consistency with a specific route and enjoys more home time. Owner-Operator Pay Rates The US Bureau of Labor Statistics lists the average truck driver salary/pay as $47,680 per year. Ice Road Trucking: Ice road truckers are the highest paid in the specialty field with oversized load drivers and Hazmat haulers following closely behind. "The growing cost differential between for-hire and private fleets may move more private fleet trips to for-hire carriers in the future," ATRI wrote in its report. Going off of these figures, truckers earn a higher salary than the average occupation in the U.S., which is $35,540 for all occupations. KLLM Transport Services is raising pay and compensation next month by up to 33% for. According to The Bureau of Labor Statistics, the government agency that publishes employment figures, the 2021 median heavy and tractor-trailer truck driver pay was $48,310 per year or $23.23 per houramong 1,951,600 drivers. Larger fleets have more bargaining power with fuel suppliers than smaller fleets. Prices depend on the type of CDL class type, city and state, number of hours of training, and whether you take it at a college or independent school. Multiple factors influence the pay system. ATRI consulted with insurance experts on the cost decline and concluded that the industry is maxed out in its ability to pay high insurance premiums. FreightWaves estimates the total cost of operating a truck at about $210,000 annually (or about $1.76 per mile) based on the average truck driver driving 120,000 miles per year (400 miles per day, 6 days a week, 50 weeks per year). Driver bonuses are not part of the wages or benefits calculation, but ATRI's data does indicate all types of bonuses (safety, starting and retention) increased from 2018 to 2019, with retention bonus values up more than 80%. Here are nine of the highest-paying jobs in trucking you may consider. The More Information tab provides the Internet addresses of associations, government agencies, unions, and other organizations that can provide additional information on the occupation. $89,989 . Driver wages consistently make up the largest percentage of operational costs for fleets, and they were at one of their highest levels since ATRI began collecting data, despite a slight decrease from 2018 to 2019. Read More Schwans Food Delivery Driver PayContinue, If youre considering a career as a trucker in Canada, you may be wondering what the average salary is and the outlook for this career, Read More How Much Do Truck Drivers Make in Canada?Continue. We have researched the job market for this profession in detail and derived average values. On average, across the United States, truck drivers make 70,000 to 80,000 dollars a year. How Much Does A Normal Truck Driver Make? GP Transco truck drivers also report happiness with the transparency and support the company provides. For an experienced driver, the per-hour pay rates increase significantly. Alabama $40,580 / $19.27hr Alaska $ 57,630 / $27.04 hr (Drivers don't pay taxes) Arizona 45,430 $21.46 hr Arkansas $40,620 / $19.53 (Low wages, low cost of living) California $45,560 / $21.90 (Low wages, high cost of living, lots of jobs) If youre just getting started, you can expect to be paid less than someone with a few years of experience, but many companies will offer pay raises every 4-6 months as you progress through your first year as a driver. They travel with a team including a spotter so that their journey is safe from start to finish. In January 2021, for example, the national average rate per mile broke down this way: Vans: $1.97 mile Reefer: $2.35 per mile Flatbed: $2.17 per mile Most drivers complete between 2,000 and 3,000 miles per week. How Much Do Truck Drivers Make in Canada? High. But it's important to keep in mind that these are only averages for a CDL truck driver salary/pay, which means that the data includes individuals at all stages of their careers and in all types of trucking. Median pay for big-rig drivers under $50,000. That puts you in the 10th percentile of annual income for a truck driver in the U.S., which is about what you would expect if you were new to the field. How do I pay myself as an owner operator? Experienced drivers start at 28% for their first month of employment. This model works well for the trucking industry at least it did for many decades. Is it possible to earn $100K a year driving trucks or will I earn a measly salary? Fleets have already locked in 2021 build slots for trucks and trailers, according to FTR, as carriers anticipate continued freight demand this year. Trucking wages often follow trends on the spot market, which has surged in 2020 alongside the demand for e-commerce. Nearly four decades later, many drivers believe this pay system is outdated and needs an overhaul. "Motor carriers are redesigning how theyre distributing work so that drivers can have consistent miles, but also have the ability to be home in bed every night," Farrell said, pointing to trends in more regional routes versus over-the-road and more drop-and-hook locations all part of "creating a more desirable job experience.". Compensation is rather low for rookie drivers, but pay rates usually increase after 6 months to 1 year. "We are committed to rewarding company drivers for the safe and professional work they do to excite our customers," said Dave Geyer, EVP and Group President of Transportation and Logistics at Schneider. Thursday, September 8, 2022. That translates into average weekly pay ranging from $560 to $1,200. This amount is subject to variations, both up and down, depending on employment status, location, and training. For truck drivers, this meant getting paid per mile of travel. Carriers are betting on widespread vaccine distribution to give way to a stronger 2021, particularly for the transport sectors sluggish in 2020, such as food service and industrial. Because of the potential for traffic accidents, heavy and tractor-trailer truck drivers have one of the highest rates of injuries and illnesses of all occupations. How much a trucker actually makes will depend on how theyre paid. I'd say a good starting number is 40. That translates into average weekly pay ranging from $560 to $1,200. Other drivers, such as those carrying liquids, oversized loads, or cars, must follow rules that apply specifically to them. The pay per mile model is considered piecework pay. If you drove all 52 weeks in a year at those rates, you would earn between $29,120 and $62,400. Ice road truckers make $30,000 to $40,000 in three months. Tire costs have largely trended downward over the last decade, though the decrease is less than 1 cent per mile, or about 25 cents per hour, since 2011. However, many companies offer regular pay increases every few months during your first year as a driver. . Dry van owner-operators spent $45,416 on fuel, Reefer owner-operators spent $56,165 on fuel and Flatbedders spent $43,127 on fuel. In 2022, the average salary for a tow truck, Read More Tow Truck Driver SalaryContinue, Until the famous Ice Road Truckers TV series, most people had never heard of ice road trucking unless they were in the trucking business, Read More How Much Do Ice Road Truckers Make?Continue. Rookie wages are lower, typically between $0.27 and $0.29 per mile. Based on the average salary data we have, we can make the following conclusions: There are some people who recommend not accepting pay thats less than $0.40 per mile, which equates to about $40,000 per year for most drivers. These drivers deliver goods over intercity routes that sometimes span several states. Most drivers can average 2,000-3,000 miles in a 70-hour workweek. And again, the numbers above are just estimated figures. 5+ Years, Please select ALL of your current, valid drivers licenses. Comparing per-mile rates with modern wage standards is necessary to understand the difference between an hourly-based system and a mileage-based system. The median annual wage for heavy and tractor-trailer truck drivers was $48,310 in May 2021. What about owner-operators? $48,750 . But fleets changing what commodities they hauled, when demand grew in some categories and fell in others, may have increased insurance premiums due to perceived risk of hauling an unfamiliar product, she said. Under this scheme, workers are paid a fixed rate for the unit produced regardless of how long it takes. The projected percent change in employment from 2021 to 2031. If youre a seasoned driver, you have earning potential you can earn as much as 60 cents per mile, according to TruckDriverSalary.com. Average Salary of Trucking Types of Jobs Class A: $49,000 CDL Driver: $46,000 Truck Driver Run OTR: $62,000 OTR CDL Truck Driver: $57,500 Dump Truck Driver: $39,000 CDL Truck Driver: $51,500 Tank Truck Driver: $59,500 Bulk Truck Driver: $52,000 Semi-Truck Driver: $49,000 Most drivers complete between 2,000 and 3,000 miles per week. Many variables go into answering, "what is the average pay for a truck driver?" Keep reading to find out how you can join the ranks of the many truck drivers who are in demand and well compensated. Volvo reported in October that fleets were resuming their pre-pandemic replacement cycles, resulting in truck orders increasing more than 60% YoY. In comparison, Amazon is ranging between $50,000-$60,000 on average, and Sysco is averaging around $80,000. To be clear, your pay per mile will not account for time spent: As you can see, drivers spend a lot of time waiting, and theyre often not compensated for it. In 2020, the Northeast was the . Weekly Truck Revenue To determine pay per hour, take the number of miles per trip times the pay rate. Requires commercial drivers' license. Many prospective drivers attend professional truck driving schools, where they take training courses to learn how to maneuver large vehicles on highways or through crowded streets. The ongoing driver shortage has prompted fleets to raise pay for drivers, in hopes of enticing new talent to the workforce and retaining truckers already on the payrolls. 2-time, consecutive Agent of the Year Award in Landstar history. Most drivers can average 2,000-3,000 miles in a 70-hour workweek. Or will my trucker salary support my family? The industry average rate per mile typically varies between $1.50 and $2.50 per mile, although you will find exceptions outside those ranges. PAY $0.73CPM per mile reefer/ $0.68 CPM per mile dry van Average miles 2500 ~ 2800+ miles per week solo/4000 ~ 5000+ miles team ; ALL MILES are PAID MILES ( empty + loaded, zip code to zip code); The wage at which half of the workers in the occupation earned more than that amount and half earned less. These costs often operate in tandem with fuel costs, as the tires are derived from petroleum. The vast majority of trucking companies pay their drivers by the mile rather than the hour, so a lot depends on how many miles you drive. About 259,900 openings for heavy and tractor-trailer truck drivers are projected each year, on average, over the decade. However, its likely that drivers retire before they are able to reach that sought-after 6 figure salary. For instance, a rookie driver earning 28 cents per mile for a 2,500-mile trip would receive $700. However, this is just a national average, which means your area may have higher or lower rates. Presidential Concession If costs in these . Most heavy tractor-trailer drivers work full time. About 259,900 openings for heavy and tractor-trailer truck drivers are projected each year, on average, over the decade. #1 + Quote Reply Trucking Jobs in 30 seconds Every month 400 people find a job with the help of TruckersReport. If the haul, or trip, equals out to 800 miles then the driver will make $640. Trucking companies are boosting pay to keep drivers on their payrolls. Most drivers complete between 2,000 and 3,000 miles per week. Depending on the company and with a safe driving record spanning several years, a driver can potentially earn upward of . Regional truckload dry van drivers with their hazmat endorsement will start at 55 cents per mile and average $1,350 in five days, with an estimated annual compensation of $70,200 per year . In a new original study, Seek Business Capital examined average annual truck driver wage data from the BLS by state in relation to the average per capita income and the results show the profound effect location has on salary and could justify an interstate move for many truckers struggling to make ends meet. There was very little regulatory oversight, and many jobs involved working long hours in unsafe conditions.
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