Driving a big truck on the open road is a dream job for many people. Figuring out what type of truck driver job is the perfect fit for you is just as important as deciding what aspect of the trucking industry you would like to work in. The two main types of truckers are company drivers and owner operators.
What is a Company Driver?
A company driver is employed by a business and drives trucks issued by their job. Additionally, company drivers have their schedule determined by the company.
Typically, company drivers are paid by the hour if they are driving locally and by the mile if they drive regionally, or outside of the company‘s radius to be considered local. The driver‘s rates are set by the company they work for, as is the number of routes a driver is assigned, etc.
What are the advantages and disadvantages of being a Company Driver?
Company drivers do not have to worry about finding work because their loads are assigned by the company. Also, they do not have to worry about covering costs for the maintenance of their truck or complying with safety and insurance regulations. However, they will have to accept the loads assigned to them and work closely with company dispatchers.
What is an Owner Operator?
An owner operator runs their own business because they own or lease out their own truck. Owner operators may also lease out their services to trucking companies that need additional transportation support.
What are the advantages and disadvantages of being an Owner Operator?
Owner operators create their own schedule and set their own rates. However, this means an owner operator must find work on their own and should try to avoid deadheading, or driving a tractor with an attached empty trailer, as it means losing money. This is remedied by taking it upon themselves to develop relationships and call shippers to create a schedule. Owner operators can also partner with brokers or companies and select the routes they would like to take by leasing their truck.
Additionally, owner operators are responsible for ensuring the maintenance and safety of their vehicle.
Company Driver vs Owner Operator?
Deciding whether to be a company driver or owner operator can depend on numerous factors including:
- Number of years driving. If a driver is new to trucking or has only been working for a few years, it may be best to learn more about the industry, gain more experience, etc.
- Career goals. If you’ve always wanted to be your boss, then this is a way to make it happen.
- Financial ability. If a driver is in the position to buy or lease-to-buy his own truck and able to incur some potential costs (e.g. maintenance or breakdowns)
Choosing a career is a big decision and the trucking industry provides a wonderful opportunity for people who love to travel and drive. Deciding to become a company driver or owner operator is just the start of a rewarding profession.
