Independent CDL A Lease Operators
2 days ago
Silver Trucking LLC is seeking experienced Class A CDL lease operators to join their fleet. With a strong focus on independence and autonomy, this role offers the opportunity to be your own boss and work with a reputable company.
Compensation: Our lease operators can expect to earn an average of $250,000 to $300,000 in annual gross revenue, equating to approximately $5,500-$6,670 weekly. This figure is based on 2,500 to 2,900 miles driven per week, with an average rate per mile of $2.10-$2.30.
The company pays 70% of the average gross revenue (AGR), with an option to increase to 80%. For example, if an operator earns $5,500 in AGR for a week, they would receive $4,400 after deductions; if they earn $6,670, they would get $5,336.
Deductions: The contractor is responsible for paying tolls, which are deducted from their trip settlement. Other deductions include fuel, weekly lease payments, mileage fees, and security deposits.
A security deposit of $5,000 is required, which can be paid out over 43 weeks at $100 per week. The deposit is split between Silver Trucking LLC and the leasing company, with $1,000 held by the company and $4,000 held by the leasing company.
Lanes and Routes: The company operates primarily in the Midwest, with 60% of lanes located in this region. They also have routes in the Southeast, South, West, and Northeast, although these are less frequent.
Fuel and Maintenance: Lease operators are responsible for paying for fuel, but the company covers trailer maintenance costs. If a trailer is damaged, the operator will be liable for repairs.
Equipment and ELD: Silver Trucking LLC uses Samsara as their electronic logging device (ELD) and provides outward-facing cameras in all trucks. Inside cameras are optional, but operators who opt out will receive 5% less of their AGR.
Orientations and Training: New operators attend a 2-3 day orientation program, where they learn about company policies, procedures, and equipment. They also receive training on using the Samsara ELD and other necessary systems.
Policies and Requirements: To qualify for this role, applicants must have a minimum of 2 years' experience as a Class A CDL driver, with a preference for those with 5+ years of experience. Applicants are also expected to obtain an X endorsement within 30-45 days of leasing on, although this is not mandatory initially.
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