average pay per mile for truck drivers 2022

Salary ranges from $30,500 for newer drivers at small carriers in rural locations to $96,500 for drivers at big carriers with decades of experience. Its a great form of security knowing just how much money you will earn for any given week. 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. Related Article >The Best Trucking Companies to Work For USA. Ice road truckers make $30,000 to $40,000 in three months. The 2020 corresponding median weekly wage rate is $1,080, giving an approximate full-time annual salary for this employment group of $56,000. The median annual wage for heavy and tractor-trailer truck drivers was $48,310 in May 2021. They are also subject to random testing for drug or alcohol abuse. The tops earners average $300,000 and the lower 25% average $95,453. Its difficult to determine how much truckers make per year because theyre paid by the mile not hourly or on a salary basis. Truck drivers that are paid per mile see varying wages depending on their experience, the region they work in and the company they are employed with. In addition, companies like Air Products and Praxair report highly competitive wages for truck drivers. The overall average salary for a truck driver is around $60,000. With the Hours of Service rules coupled with the EOBR implementation, waiting time pay for drivers is essential for fair pay to the truck driver. How Much Do Oil Field Truck Drivers Make. Team Truck Driver - Sign On Bonus. I have been very successful here at Swift.". Between working periods, drivers must have at least 10 hours off duty. Heavy and tractor-trailer truck drivers transport goods from one location to another. Job Outlook 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. The bottom 10% of truck drivers earned a median of $25,740, while the top 10% brought home a median of $61,150. 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. Fuel, maintenance, insurance, licenses, fees, food, tolls, ELD, and more all come out of your pocket, which will impact your overall income. SOURCE: U.S. Bureau of Labor Statistics, Employment Projections program. Truckers pay for gas in two different ways. A large data source of this kind allows us to have a better understanding of how much the average trucker will make and share it with you. Hourly rate of pay for truck drivers, by Canadian province. two weeks after two years, and three weeks after ten years. Owner Operator Truck Drivers can make anywhere from $165,950 to $416,000 depending on where they are driving and how many hours per week they are driving. It may be more economical for truckers to pay a higher percentage of revenue to shed expenses and increase profits. Offers and availability may vary by location and are subject to change. More women are choosing life, Truck drivers earn a good living, but for many new drivers, one of the main questions they have is how do truck drivers get paid? But the driver gets short changed as he cannot always follow the shortest route due to restrictions for heavy trucks, low bridges etc. $165,950 $290,246/year $416,000. But the vast majority still pay by the mile. Running your own truck is a lot of work, and you need to know what youre up against. Related Article >The High Paying Truck Driving Jobs You Should Know About. The median annual wage for heavy and tractor-trailer truck drivers was $48,310 in May 2021. Discover jobs. Starting Pay is 60 Cents Per Mile; Auto Raise to 65 Cents Per Mile after 30 Days; Average 2700 - 3300 MPW; 5,000 SIGN ON BONUS; Benefits with Free Dental and Vision; Out 14 Days Home 3; Out 21 Days Home 5; Out 28 Days Home 6; Out 35 Plus Home 7 Days; New 2022 or 2023 . This comes out to drivers earning $1,137 per week. 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. However, the companies have been slow with increasing driver rates, and the trucker shortage problem continues to worsen. The site is secure. Drivers being paid per mile do tend to make more than hourly or salary paid drivers. Drivers can get endorsements to their CDL that show their ability to drive a specialized type of vehicle. After all, if the job doesnt meet your financial needs and expectations, no need to waste anymore of your time investigating a career in trucking. In our research and studies, I was interested to learn that most companies indicated the company driver would get 10,000 miles per month, on average. Some employers (trucking companies) use different mileage software to calculate driver pay. While the company is based, Transco Lines, Inc. is one of the leading Little Rock, Arkansas trucking companies, founded in October 1984. Most drivers complete between 2,000 and 3,000 miles per week. Delivery truck drivers and driver/sales workers pick up, transport, and drop off packages and small shipments within a local region or urban area. EARN 65 CENTS PER MILE PLUS GUARANTEED PAY. From the data set provided, we can also see that at the lowest point, salaries were $17,200 per year. Meaning if an ice road trucker could work a year straight with very little vacation time, they may earn an annual salary of $120,000 to $160,000. We've created a list of each expense to give you an idea of what you can expect to pay and ways you can plug in your own numbers to calculate the cost for your own trucking company. Salary: $45,000 to $60,000. And in a world full of traffic jams, delays and inspections, drivers are donating more of their time than they did in the past. Shortest Miles Shortest route miles of course benefits the company and saves them money. A driver would be much less inclined to hurry. However, while, If youre considering working as a DSP driver, you may be wondering how much you can earn, how much DSP owners make and how the program works. Percentage of a load pay is more often offered to the owner operator. Heavy and tractor-trailer truck drivers held about 2.1 million jobs in 2021. I've never had a job that paid like this before.I recently bought a new house and a new truck. Other actions can result in a suspension after multiple violations. The pros of being paid per mile are that it is easier to track the expected pay. If you drove all 52 weeks in a year at those rates, you would earn between $29,120 and $62,400. TOTAL ANNUAL MILES RUN =120,000 miles FIXED COST/MILE = .341 cents/mile (Total Annual Fixed Costs divided by Total Annual Miles = COST/MILE) FIXED COST/DAY = $112.41 (Total Annual Fixed Costs divided by 365 days = COST/DAY Your fixed cost/mile tells you how much it costs your business per mile to operate. About 259,900 openings for heavy and tractor-trailer truck drivers are projected each year, on average, over the decade. Do Canadian trucking companies, Line haul trucking is one of the industrys most desirable positions. How much can you REALLY earn as a professional driver? This means miles are down 10.7% year over year or almost 11,000 miles overall. Trucking companies have not been clever enough to do anything about it until recently. Within every occupation, earnings vary by experience, responsibility, performance, tenure, and geographic area. The per-mile rate varies from employer to employer and may depend on the type of cargo and the experience of the driver. And using Indeed.ca data, truck driver salary averages at $77,064 (as at January 22, 2023). Most drivers will get between 2,000 and 3,000 miles per week. According to the Bureau of Labor Statistics, the median annual income for truck drivers in 2014 was $39,520. But again, compensation per mile and the number of miles you get per week will vary greatly depending on who youre working for, and your experience level. Even if youre already in the business, you may want to find out if your pay rate is fair, or below average. However, we hear of small trucking companies paying percentage. CDL Truck Driving Job in Savannah, GA | EARN 65 CENTS PER MILE Average $1,950 A Week @ 3K Miles OTR Position Starting Pay is 60 Cents Per Mile Auto Raise to 65 Cents Per Mile after 30 Days TanTara's Staff Accountant, Bill Alt, says, "Our new drivers don't need to wait to start making good money. Theyve been unable to turn their heads away and ignore the problem any longer. Full-time truck drivers can expect to spend up to 300 days a year . It may also discuss the major industries that employed the occupation. Furthermore, a good starting salary for a truck driver can vary by state. Long drives, big trucks, and truck stop food are just some of the things that go along with being a trucker today. Keep in mind that hot shot trucking does require you to pay for your own expenses as well. The Job Outlook tab describes the factors that affect employment growth or decline in the occupation, and in some instances, describes the relationship between the number of job seekers and the number of job openings. Rookie wages are lower, typically between $0.27 and $0.29 per mile. Those who succeed have reported bringing home earnings of $60,000-$80,000 or more. And, because we use a sliding pay scale based on experience and length of haul, the more experience you have, and the more dispatched miles you run, the higher your pay may be. This tab also includes links to relevant occupational information from the Occupational Information Network (O*NET). Typical level of education that most workers need to enter this occupation. The average ATBS client is running just over 90,000 miles per year. The 2020 full-time average hourly wage rate for transport and heavy equipment operation and related maintenance occupations, which includes truck drivers, is $25.85. This method is easier to track for the company and the driver. The Federal Motor Carrier Safety Administration website has a full list of medical conditions that disqualify someone from driving a long-haul truck. For an experienced independent truck driver, the rate per mile could be as high as 80 cents a mile. But keep in mind, those high paying states for truck driver salaries, could also be states with a high cost of living. Here Are The Five Most In Demand Cities Right Now: Here are the five companies hiring the most now: Here are some examples of how much a truck driver salaries can based on different industries: The retail industry pays truck drivers an average salary of $58,554, The lowest paying industry for truck drivers is the construction industry. Were well into 2022 and freight demand is on the rise again. Benefits with Free Dental and Vision. Following behind GP Transco is Barr-Nunn, where the average salary is $87,142, and Walmart, with an average salary of $87,013. New Jersey: The average salary is $72,543. But many trucking companies will only pay this rate to drivers with experience in the industry. Average Pay: $0.40 per mile Below Average Pay: $0.28 per mile Above Average Pay: $0.45-$0.50 per mile There are some people who recommend not accepting pay that's less than $0.40 per mile, which equates to about $40,000 per year for most drivers. Pay data was calculated using 2021average weekly driver pay(annualized)from Swift full-time companydrivers who received paychecks within thespecifiedline of business.No amount of weekly or annual payis guaranteed., "Before Swift, I was in the VA homeless program. Apply Now. Truck drivers must be able to pass vision tests. Rather, Swift drivers are generally compensated by the trip as is customary in the industry. Divide this amount by the number of hours in the workweek. Drivers that are just starting out can expect to see starting wages. The largest employers of heavy and tractor-trailer truck drivers were as follows: 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. Theres sometimes extra money for freight pick ups, deliveries, border crossings, waiting/delay time, safety bonuses, maintenance bonuses etc. Truck drivers make $60,326 per year on average, or $29.0 per hour, in the United States. . Being an owner-operator does have its perks, and if you know what youre getting into, it can be a profitable career. In the very least, know what youre getting into. What Is The Highest-paid Trucking Company? Additionally, some companies have stricter standards than what federal regulations require. Truck drivers make the most in Delaware, Rhode Island, Connecticut, New Jersey, and New York. They must have a commercial drivers license (CDL). For example, if you live in Delaware you should be paid close to $70,901 per year. I would definitely not recommend percentage pay for a company driver. Based on data released by the Bureau of Labor in 2018, on average truck drivers in the US make about $44,000. There is less chance of a driver being short paid by the company as the EOBR will accurately record the drivers hours worked. If you drove all 52 weeks in a year at those rates, you would earn between $29,120 and $62,400. The four cent per mile increase is effective July 1, 2022. This means for an experienced independent truck driver traveling an average of 70 miles an hour on the interstate can make an average of 56 dollars an hour. In addition, we offer a wide range of supplemental benefits that you can choose to participate in on an as-needed basis. Most drivers complete between 2,000 and 3,000 miles per week. There are many reasons for this major drop in miles and every IC probably has their own take. The average truck driver's pay per mile is between 28 and 40 cents per mile. 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.