Owner Operator Income for 2017

According to ATBS, the nation’s largest owner-operator business services firm, The Net income for leased and independent owner-operators dipped about $255 in the first half of 2017 in comparison to prior years quarterly review. While mileage compared to previous years remained the same. This trend demonstrates a constant in miles traveled while earning for owner-operators dropped.

Income losses for reefer haulers drove the declines for leased operators. Flatbed operators had strong gains, while dry van haulers saw net income rise slightly.

Independents on average made $29,642 in the first six months of the year. Leased operators on average took home $29,291.

Fuel costs rose more than $3,000 despite cheaper diesel prices. Amen says relatively cheap diesel, however, may be partly to blame, as owner-operators typically drive faster, thus burning fuel at a high rate, when diesel prices are cheap. Independents drove almost 500 more miles on average, according to ATBS data, and average revenue grew $4,055. Higher fuel costs, $3,060, ate into the stronger revenues. Owner-operators in the segment drove 1,123 fewer miles in the first half of 2017. Revenue, however, was up nearly $1,500 on average while Fuel costs rose $3,297 in the six-month period, and maintenance costs climbed $1,111.

Flatbedders, meanwhile, earned $33,130 in net income — $1,849 more than in the first half of 2016. They drove nearly 1,000 more miles, and revenue climbed $5,428. Fuel costs jumped by $3,795.

Van haulers’ income rose $75 to $29,763. Owner-operator van haulers drove more than 316 more miles in the first half of the year, and revenue climbed $3,544. Fuel costs also climbed, up $3,377.

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