$210,000+ O/O Income
EFS Fuel Card
Let’s Find You The Perfect Fit. What Type of Driver Are You?
Over the Road
MADCO IS YOUR LAST CARRIER
Complete Owner Operator Application
Pass Drug, Background & Credit Check
Enroll in Company Training
Discuss Routes & Drive
“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”
Friendly Management: Have a problem, suggestion, or request and our amazing office staff will not only listen but seek out a solution quickly in order to make sure you feel like a valued team member.
Maintenance Program: We take pride in our equipment, aim to minimize breakdowns, and DO NOT want issues with any inspections, so we offer great deals with our network of mechanics.
Fleet Fuel Cards: We have great partnerships with Loves, TA, Pilot, Flying J, and are able to offer O/O's fleet fuel cards that would be deducted from your net earnings statement weekly.
24/7 Dispatch Support: Shit happens all the time, so we will always have someone readily available to answer the phone, grant you support and help you solve any problems.
Smart Technology: All owner-operator trucks are equipped required to use Samsara ELD technology to keep you connected, provide tracking and stay compliant on the road!
Available to Purchase
401K Retirement Plan: Choose from over 40 mutual funds picked by Vanguard and other low-cost providers. Or our partners will help you pick a portfolio that fits your specific goals.
Real Estate Retirement Plan: Dedicate a portion of your monthly check to gain another income stream, grow your money over time, and plan for the future after you stop driving for MadCo.
Medical Insurance: Protect yourself and your loved ones with our basic health plans or upgrade to the best package that will work best for your personal situation.
Vision Insurance: Stay sharp on and off the road, plus take care of your family’s eyes with the best vision benefits around.
Life Insurance: Life insurance provides crucial financial protection for your family if something were to ever happen to you which is why everyone gets a $50,000 life policy.
Dental Insurance: Keep yours and your family’s teeth clean, white and healthy for a lifetime with our dental benefits.
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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