At RIDEWAY, owner-operators receive 82% of the gross load, while the company takes 18%. This allows owner-operators to retain the majority of their earnings from each load, promoting higher income potential and incentivizing efficiency and performance.
About RIDEWAY
RIDEWAY Express, Inc. is a leading logistics company providing safe, reliable, and efficient transportation solutions across all 48 states. Our strategic headquarters and extensive network enable us to offer exceptional service and support. With a focus on innovation and excellence, we are committed to the success and satisfaction of our partners through advanced technology and a strong emphasis on safety and reliability.
Our Services
RIDEWAY specializes in regional and over-the-road (OTR) transportation, offering dry van, reefer, stepdeck, and flatbed loads. Our advanced TMS system and extensive network connect owner-operators directly with clients, ensuring efficient and profitable operations. Our strong safety program and technology solutions enhance communication and service quality.
Owner-Operators, We Value You
At RIDEWAY, owner-operators are essential to our success. We offer a competitive revenue split, instant pay options, and comprehensive support services. Our benefits include discounted fuel cards, insurance processing, and 24/7 assistance. With diverse load options and access to direct clients, we provide the tools and support needed for a successful and rewarding career.
RIDEWAY handles various types of loads, including dry van loads, reefer, stepdeck, and flatbed. This versatility allows us to meet the diverse needs of our customers and provide a range of opportunities for our owner-operators. Additionally, we have direct customers and also utilize load boards to ensure a steady flow of freight and maximize opportunities for our drivers.
If you deliver a load before 12:00 PM EST and submit your Bills of Lading (BOLs) along with all required paperwork for the load, we will verify the load and pay you immediately upon verification. Our team strives to verify each load as quickly as possible, typically completing the verification process within 4 hours. This ensures that you have quick access to your earnings without having to wait for standard payment cycles, helping to maintain cash flow and financial stability.
Our fuel card offers significant discounts at major truck stops, allowing you to save up to $0.85 per gallon. The card can be a valuable tool in maintaining profitability by lowering one of the most significant expenses in trucking.
If there are accessorials on a load, such as detention, you will get paid for these once they are confirmed and paid by the customer. This ensures that you are fairly compensated for any additional time or services provided.
Public Liability and Cargo Insurance: $298 per week to cover necessary insurance requirements.
Plate Program: $67 per week if applicable.
ELD and Permits: $24.83 per week for electronic logging device compliance, IFTA processing, and necessary permits.
IFTA Miles Tax: Charged per load based on the miles run.
If you rent a trailer from RIDEWAY, the trailer rental fee is $285 per week. This fee will be deducted from the first load of the week you complete. Our trailers are 53ft dry van swing doors, ensuring you have access to reliable and well-maintained equipment without the upfront cost of purchasing your own trailer.
Payments are calculated by first deducting the 18% revenue split from the gross load payment. Following this, all weekly deductions are applied, which are deducted from the first load of the week. Our week runs from Sunday through Saturday. Additionally, the IFTA miles tax is deducted per load based on the miles run for that specific load. Estimated tolls are deducted per load if applicable unless a toll receipt is presented. This system ensures that all necessary costs are covered before disbursing your earnings, simplifying your financial management and ensuring compliance with all requirements.
If you have a negative balance due to fuel advances or other expenses, this negative balance will be deducted from the earnings of your subsequent loads until repaid. This ensures that all debts are managed and repaid promptly, maintaining the financial integrity of your operations.
If you need breakdown assistance, contact the driver assistance department for help. If the assistance is approved, we will set up a repayment plan for any costs incurred. This ensures that you receive the necessary support promptly while managing the financial aspects of the assistance effectively.
Yes, at RIDEWAY, owner-operators have the flexibility to choose their preferred routes and manage their own schedules. This allows for a healthy work-life balance and the ability to align professional goals with personal needs.