Owner-Operators are those individuals that own and operate their own trucking business. They may lease on to a carrier or they may operate under their own authority. If they operate under their own authority they will have a Department of Transportation (DOT) and Motor Carrier (MC) number identifying them as a registered carrier. There are approximately 350,000 owner-operators registered in the United States, most lease on to larger carriers and operate under that carriers DOT number.
Professional Employee Drivers (PEDs) do not own or operate their own truck and trailer, nor do they have a DOT or MC number. Instead, PEDs work directly for a carrier as an employee.
The Owner-Operator:
- Are mostly Truck load carriers (TL)
- Regarding trucking experience
- Been the trucking business for 26 years
- Average age of becoming an owner-operator is 37 years old
- Have been an owner-operator for over 18 years
- Average age is 55 years old
- Very stable in their habitat as most have lived in the same area for 11+ years
- Are educated with at least 86% completing high school and approximately 45% going on to receive some level of a college education
- Trucking Business information includes:
- Receives a net income of approximately $50,000+ per year
- Receive pay by percentage of the line haul pay if leased to a carrier
- 95% run solo
- Average over 101,000 miles driving per year
- Majority are away from home a 100+ nights a year with 41% spending over at least 200 nights away from home.
- 69% own either a desktop computer, a laptop computer, or both
- Most own 1.2 trucks and 1.2 trailers
- Regarding the truck:
- 66% have their trucks paid off
- Peterbilt and Freightliner are the trucks most likely owned
- Caterpillar engines are the most popular
- 69% have 450 horsepower engines or greater
- 13 speed transmissions are the most common followed by 18 speed
- Dry Van and Flatbed trailers are the most common trailer owned
- Biggest maintenance problems were tire and engine troubles
- Average maintenance per year is $14,000
- 36% have served in the military
- 90% are registered voters
- 86% plan to vote in the upcoming 2014 election
- Are mostly republicans followed by independents
The Professional Employee Driver:
- Male (95%), which is consistent with the most current census of drivers in the United States
- 55 years of age
- 5 foot 10 inches tall
- Weighs on average 222 lbs. unfortunately, this will place the average drivers in the obese category devised by the Department of Health in terms of the Body Mass Index.
- Caucasian (91%)
- 22% are smokers which represents a 33% reduction from 2007
- 40% exercise regularly
- The PED is not a novice driver as he or she has been in the trucking industry for 26 years
- Been with the present carrier for the last 7 years.
- The truck will probably be a 2007 Freightliner with a 10 speed transmission and a 400-500+ Cummins engine averaging 5-6.9 miles per gallon.
- Only 37% will have an ELD
- A third will have GPS tracking devices on board.
- 70% drive for a carrier that has a speed limiter device on the truck with an average speed setting of 66 mph.