What is an OO truck driver?

For many truck drivers, becoming an OO means you have reached the pinnacle of the truck driving industry. You own, or have financed, the costs of your own truck in your own name. You decide who you will contract with, when you will contract, where you will drive, and the cargo you are willing to carry.

Is it worth being an owner operator?

Owner operators generally earn higher per-mile rates than company drivers, or a percent-of-load rate. Although they make more income per load, they also must pay all the expenses of operating a truck and business.

What is the meaning of OOIDA?

The Owner-Operator Independent Drivers Association is the international trade association representing the interests of independent owner-operators and professional drivers on all issues that affect truckers.

How much does it cost to join OOIDA?

Membership fee is $45 for one year. Add $10 for spouse and/or for each additional driver. If you would like more information about OOIDA and what we can do for you, click request information, or click timeline, to learn about the Association.

Are truckers ever home?

Long haul drivers typically come home every four to six weeks. If you are a city or regional truck driver, it may be a little different. A city or regional driver can haul trucks of varying sizes, but for shorter distances than a long-haul driver.

How much should owner-operators charge per mile?

While company drivers make between 38-52 cents per mile, owner operators typically make about 70% of the load, which would be $1.75 on a load paying $2.50, for example.

Can you be an owner-operator in California?

California’s A.B. 5 law, which effectively prohibits fleets from contracting with owner-operator drivers, is still on a temporary court-ordered hold, and that short-term pause will remain in effect least through late 2020, if not longer.

What percentage of truckers are owner operators?

9%
Owner Operators make up 9% of the truckers on the road today and earn on average $50,000 per year. They drive approximately 101,000 miles per year and haul everything from building materials to consumer goods on our nation’s highways.

Is OOIDA a union?

OOIDA is the one national organization representing all professional truckers. Becoming a member is the way for professional truckers to join together and make their views heard by lawmakers.

What is an owner operator trucking company?

An owner operator owns or leases a truck and hauls goods for client companies. If you want to start a trucking business, choose a niche market, such as logging or hazardous materials.

What is a new owner operator (Nao)?

A new owner operator is best to start out being leased to a carrier. The carrier has the responsibility of providing operating authorities and permits, securing insurance (although the owner operator often gets stuck with the insurance premiums!), license plates, trailers and of course, the freight.

How do I get an operating license for a truck?

Apply for operating licenses required by your jurisdiction. In the United States, you’ll need to apply for a Motor Carrier Authority Number and US DOT number with the Department of Transportation. If you only plan on traveling within state lines, you may only need an intrastate DOT number.