$192,000+ O/O Income
Benefits Package
EFS Fuel Card
Let’s Find You The Perfect Fit. What Type of Driver Are You?
Flatbed
Stepdeck
Conestoga
Heavy Haul
MADCO IS YOUR LAST CARRIER
STEP 1
Complete Owner Operator Application
STEP 2
Complete Equipment Applicaiton
STEP 3
Pass Drug, Background & Credit Check
STEP 4
Complete Payment Forms
Have questions? Give us a call : 1-800-721-1649
“Trucking saved my career, provided for my family and allowed me a fresh start.
Now it is your opportunity to do the same by partnering with MadCo”
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WHAT PEOPLE ARE SAYING ABOUT MADCO
What Do You Need to Know
Are you searching for a new carrier to partner with? At MadCo Transportation, Inc. we can answer all your needs as an owner operator. We can offer you consistency, accuracy, availability, honesty, and flexibility. Bring your equipment, focus on delivering the freight and we will handle all of the office work. Avoid the headaches, take advantage of the benefits of partnering with a large fleet and increase your annual income! Call, email, message or text one of our team members today!
Own Operator Income Potential
Average Revenue per Mile
Average Revenue per Week
Average Revenue per Month
Average Revenue per Year
Typical weekly miles are between 2,200 - 3,200 at MadCo, depending on driver preferences, market conditions, and other factors. National salary average is based on a 3,000-mile week in US trucking companies according to Zip Recruiter. The calculation above is an estimate, does not guarantees your exact income and is pre-tax income.
What Makes MadCo So Different?
For all our owner operators, we are able to offer a pay scale ranging from 65% to 80% of the trucks (that you are driving) total gross income given that owner operators, like yourself, are the ones actually working every day and using your equipment
An Owner Operator with No Trailer:
- Company Flatbed Trailer: (75% of 100%)
- Company Stepdeck Trailer: (75% of 100%)
- Company RGN / Lowboy: (72% of 100%)
Contractor Revenue with Own Trailer:
- Own Dry Van Trailer: (80% of 100%)
- Own Refrigerated Trailer: (80% of 100%)
- Own Flatbed Trailer: (80% of 100%)
- Own Stepdeck Trailer: (80% of 100%)
- Company RGN / Lowboy: (77% of 100%)
Contractor Percentage Deductions:
- Subtract 2% for each driver violation on driving record up to 3 points
- Subtract 2% for drivers with less than two years verifiable experience
As an Owner Operator working with MadCo, our expectations include, you, the owner operator, agreeing that we partner for one year and/or twelve months, strive to drive 10,000 miles per month on average and aim to generate $200,000 or more in gross revenue for your truck.
Income Distribution for Owner Operators are paid to your personal name i.e. SSN or they can be paid to a specific business name, that the Owner Operator owns and operates their truck. Earnings will be a Percentage pay of the gross income generated by the Owner Operators and MadCo. Any Standard deductions, operational charges, fines, and/or optional amenities will be automatically deducted from net earnings prior to direct deposit. Paid on 1099 i.e. No Taxes.
Responsibilities of Owner Operators during partnership with MadCo, include, but are not limited to bringing their own truck and/or trailer, maintaining equipment properly, keeping equipment cleaned, paying tolls, scales, permits, pilot cars, fuel, DEF, Anti-Gel, base plates, oils, fuels, tires, tubes, lubricants, washing, painting, collision insurance, bobtail insurance, workers compensation insurance, and will be responsible for all equipment owned by owner operator. In the situation that owner operator wishes to utilize MadCo’s programs for tolls, fuel, and other expenses, charges will be deducted from net pay prior to direct deposit into bank.
Responsibilities of MadCo during partnership with Owner Operator, include, but are not limited to providing motor carrier authority, US DOT number, company decals, commercial general liability insurance, general aggregate insurance, cargo insurance, electronic logging device, office support, dispatching, load search, rate negotiation, detention, paperwork, fuel tax, road taxes, and will offer operator opportunity to purchase from vendors at the carrier’s discount rate including fuel, DEF, tires, maintenance, tolls, etc. In addition, 401k, health, medical, dental, vision, and life can be purchased through MadCo.
Equipment Responsibilities of Owner Operator include providing items to secure open deck freight at their own expense including, but not limited to, headache racks, storage boxes, tarps, straps, chains, binders, edge protectors, bungee cords, and other material to secure loads. IF hauling bulk, liquid, or other freight that requires addons such as blowers, hydraulic pumps, wet lines, etc. that would be at the owner’s expense too. Financing can be provided with weekly debits to net pay if owner needs assistance in securing the properly equipment for their job.
As a Bonus, You'll Also Get:
- Flexible Schedule
- Administration Support
- Business Consulting
- Retirement Strategy