The car hauling industry is a great place to make money. However, the exact amount depends on a lot of factors. For example, the Bureau of Labor Statistics reports that heavy and tractor-trailer truck drivers earn an average annual salary of over $42,000. On top of that, some auto transport drivers can make six-figures.
A typical car hauler drives an OTR (over-the-road) route. They typically work nights, weekends, and holidays. They have a lot of autonomy on the job and can be away from home for months at a time.
As a result, they have to be well-versed in safety. In addition, they have to stay up-to-date on their cargo insurance. Lepke says he works with his carrier to ensure he’s carrying the appropriate level of coverage for each load. He also makes sure he’s aware of any special requirements when shipping a high-end vehicle.
Some car haulers choose to work as independent owners-operators. This type of work requires more capital than working as a company driver, but it can be rewarding for those who are willing to put in the hard work and establish a strong reputation in the industry.
In terms of earning potential, owner-operators can expect to make a higher rate per mile than the average trucker. However, there are other expenses like fuel, maintenance, and insurance that can lower their overall earning potential. As a result, it’s important to compare different offers before making a decision.