With gas prices rising, everyone is feeling the pinch right now, especially truckers. You’re watching expenses increase and wondering, how can I make more money as an owner-operator? Whether you have one truck or a fleet, we have some ways to help you put more money in your pocket.
Trucking is extremely competitive, so you need to position yourself as the person people want to turn to for important loads. Dependability is always your first step to being an on-demand driver – get your loads to their destination safely and on time. However, as a businessperson, you know, it takes a little more than just that. Some things to help you rise to the top of your class include,
The best-laid plans help you avoid delays on the road and maximize your time behind the wheel. Know your route before you ever hit the road. Know your stops, know your route and potential delays, and map out potential alternates in case something unexpected occurs on the road. This will help you keep your schedule (making you the Trucker to Call) and manage your on-the-road expenses.
If you’re behind the wheel, you should be making money. An empty return trip is just an expense. One way to avoid this is to schedule backhauls – loads you take on your trip home after your original haul. While backhauls can mean less pay on your return trip, they beat fueling an empty truck.
If a penny saved is a penny earned, you have the potential to make thousands with your own hands. Learning basic repair and maintenance for your truck can save you a lot of money between jobs. It can also save you time, as you can perform basic repairs and changes yourself instead of waiting for a shop that can do the work.
Credit cards often get a bad rap, but if you know how to use your credit card to your advantage, it can be one of the most powerful items in your wallet. ZDNet offers some tips to help you manage your credit card wisely. Here are how their tips can apply to you as an owner-operator.
Many regional and national gas station chains offer loyalty programs that are free to join. Shop around for the best ones on your routes so that you’re saving money with each stop. Remember that the savings you get from a gas station’s loyalty program will be in addition to any cashback incentives you have for your credit card, which can really add up the savings for you.
REY Logistics’ Owner-Operator program can help you with almost everything on this list. We offer an incredible fuel discount program, 24/7 personal dispatcher, and more. If you’re ready to move your trucking business to the next level, apply today.
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