The recent years have been lucrative for local owner operators in the trucking industry. There is a high demand for new drivers and an increased need for freight—so, what are you waiting for?
How Much Money Do Local Owner Operators Make?
The amount of money you can earn as an owner operator varies based on your contract with the company you work with and whether you are paid on a mileage or percentage basis. There are also various niches within the trucking industry with different compensation structures. For instance, general freight or van driving may pay less than specialized jobs, such as heavy haul work. Recent data provided by ATBS, the largest owner-operator financial services company in the United States, reported that independent owner operators earned an average of $61,167 in 2015. 2015 was also the first year that owner operator average salaries exceeded $60,000.