Salary of a self owned tractor trailer truck driver

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Salary of a self owned tractor trailer truck driver
Tractor-trailer truck owners can find freelance delivery work in several industries. (Comstock/Comstock/Getty Images)

The Bureau of Labor Statistics reports that around 8 per cent of all truck drivers are self-employed and own their own vehicles. Most of these self-employed drivers operate tractor-trailer trucks, which are more commonly used for long-distance deliveries. The salary of a self-owned tractor trailer truck driver depends on the type of goods he delivers.

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Salary

The average salary of self-employed truck drivers was £21,450 as of 2011, according to Simply Hired. The BLS reports that the average salary for all tractor-trailer truck drivers, including those who own their own trucks, was £25,642 annually, with salaries ranging from less than £16,074 in the 10th percentile to over £37,362 in the 90th percentile.

Industry

Tractor-trailer truck drivers, including those who owned their own trucks, earned an average salary of £26,715 working in general freight trucking and £25,148 a year working in specialised freight trucking as of 2010, reports the bureau. Those delivering goods for grocery and related product merchant wholesalers earned an average of £28,294 a year, while those working for speciality trade contractors earned an average of £23,881. In the industry of cement and concrete product manufacturing, the average income of these truckers was £23,471 a year.

Location

According to the bureau, Nebraska had the highest concentration of all tractor-trailer drivers, including those who were self-employed, as of 2010, offering an average salary of £26,390 a year. The highest paying state for these drivers was Alaska with a salary average of £31,362 annually, with Fairbanks as the highest paying metropolitan area in the nation at a salary average of £34,560 and southeast Alaska as the highest paying rural area in the nation at an average of £33,572.

Outlook

The employment rate for tractor trailer truck drivers is predicted to increase by 13 per cent between 2008 and 2018, according to the bureau. Job opportunities are more favourable for these drivers, as the demand for long-haul deliveries is higher than for local deliveries, so drivers considering purchasing their own truck may want to consider long distance delivery jobs.

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