Welcome to our comprehensive guide on the two primary career paths for tanker drivers: company drivers and owner-operators. Choosing between these roles depends on your career goals, financial situation, and lifestyle preferences. This static page will help you understand the key differences and make an informed decision about your ideal tanker driving career path.

Tanker Driving Career Paths

Company Drivers: What You Need to Know

A company driver is employed directly by a trucking company and uses company-owned trucks to transport goods. As a company driver, your main responsibility is driving while your employer handles operational costs, such as fuel, maintenance, and insurance.

Benefits of Being a Company Driver

  • Steady Income: Earn consistent pay through per-mile rates, hourly wages, or salary.
  • No Upfront Costs: There’s no need to purchase or maintain your own truck.
  • Employee Benefits: Many trucking companies offer health insurance, retirement plans, and paid time off.
  • Less Administrative Work: Your company takes care of regulatory paperwork, insurance, and permits.

Challenges of Being a Company Driver

  • Limited Control: You may have less freedom to choose your routes, schedule, or cargo type.
  • Fixed Earnings: Your earning potential may be limited by company policies and the availability of routes.

For more information on trucking regulations, visit the Federal Motor Carrier Safety Administration (FMCSA).

Owner-Operators: The Independent Path

An owner-operator is an independent contractor who owns or leases their truck and works with companies or brokers to transport goods. This role provides more flexibility and the potential for higher earnings, but it also comes with additional financial and administrative responsibilities.

Benefits of Being an Owner-Operator

  • Higher Earning Potential: You can negotiate your own rates and keep a larger share of the revenue.
  • Independence: You control your schedule, select your routes, and choose the type of loads you haul.
  • Business Ownership: Running your own trucking business gives you autonomy and the opportunity for long-term financial growth.

Challenges of Being an Owner-Operator

  • Upfront Investment: You’ll need to purchase or lease a truck and handle significant upfront costs.
  • Ongoing Expenses: You’re responsible for expenses such as fuel, insurance, maintenance, and repairs.
  • Administrative Work: You’ll need to handle invoicing, contracts, permits, and taxes.

Key Differences Between Company Drivers and Owner-Operators

1. Income and Expenses

  • Company Drivers: Enjoy steady paychecks with minimal expenses.
  • Owner-Operators: Can earn more but must cover operational expenses.

2. Flexibility

  • Company Drivers: Follow routes and schedules set by their employer.
  • Owner-Operators: Have full control over their schedules and workload.

3. Career Control

  • Company Drivers: Operate within company guidelines.
  • Owner-Operators: Make their own business decisions, from truck upgrades to contract negotiations.

Is a Company Driver or Owner-Operator Career Right for You?

Consider Being a Company Driver If:

  • You prefer financial stability and don’t want to manage business-related expenses.
  • Employee benefits like healthcare and retirement plans are important to you.
  • You’re new to the trucking industry and want to gain experience.

Consider Being an Owner-Operator If:

  • You’re comfortable with financial risk and managing business operations.
  • You want full control over your schedule, routes, and load choices.
  • You’re ready to invest in your own truck and grow your business.

For insights on business operations for owner-operators, visit OOIDA for helpful resources.

Transitioning from Company Driver to Owner-Operator

Many tanker drivers begin their careers as company drivers to gain experience before transitioning to owner-operators. This approach helps build industry knowledge, save money for truck-related expenses, and establish relationships with brokers and clients.

Tips for a Smooth Transition:

  • Save for Startup Costs: Plan your budget to cover truck purchases, insurance, and initial operating expenses.
  • Build Your Network: Develop relationships with reputable brokers and clients to secure consistent, high-paying contracts.
  • Stay Compliant: Learn about state and federal regulations to ensure your business operations remain compliant.

Explore Current Job Openings

Now that you understand the pros and cons of both career paths, it’s time to take action. Whether you’re looking for a company driver position or want to start your journey as an owner-operator, we have opportunities for you. View our current job openings and find your next step in tanker trucking today!