Business

What You Need To Know Before Buying A Commercial Truck

Buying a commercial truck usually means your business or plans are at a turning point. Either your trucking business has more work or an important contract on the table, or you need a commercial truck to become your owner-operator.

No matter the reason, getting a new commercial truck is a major financial decision.

So, before you sign any paperwork, it helps to understand what qualifies as a commercial truck and how different types serve different jobs. Truck class, carrying capacity, operating costs, and compliance requirements all shape how the vehicle performs in real-world use.

What Is A Commercial Truck?

A commercial truck is a vehicle used primarily for business purposes, such as hauling goods, transporting equipment, or delivering products to customers.

Commercial vehicles differ from personal vehicles in design, cargo/load capacity, durability, and regulatory treatment under the Federal Motor Carrier Safety Administration (FMCSA).

Common examples of commercial trucks include:

Semi-trucks
Box trucks
Dump trucks
Cargo vans
Service or delivery trucks

These vehicles are built to handle repeated business use and operating conditions that personal vehicles are not designed to support.

Because commercial trucks fall under different regulatory classifications, they are often treated differently for tax purposes.

Proper income tax treatment depends on how the vehicle is used, its weight rating, and the purchaser’s tax situation. Buyers should seek tax advice from a qualified tax advisor to understand whether any tax benefits apply under applicable tax laws.

Common Types Of Commercial Trucks

Commercial trucks are grouped into classes based on gross vehicle weight rating, which affects usage, cost, and licensing requirements.

Class 3–5 trucks are light-duty commercial vehicles. These include cargo vans, smaller box trucks, and pickup-based commercial trucks. Businesses use them for local delivery, service calls, and jobs where load capacity is limited. These trucks often facilitate easier loading and, in many cases, operate without CDL requirements (if under 26,001 lbs).
Class 6–7 trucks fall into the medium-duty category. These trucks offer higher carrying capacity and often use chassis cabs that accept bodies from independent suppliers. Common uses include utility service, regional delivery, construction support, and fleet operations that need durability without full heavy-duty cost.
Class 8 trucks are heavy-duty commercial trucks, including semi-trucks designed to pull trailers. These trucks support maximum payload ratings, heavy loads, and long-distance freight. Higher capability brings higher purchase price, stricter regulations, and increased maintenance demands.

How Commercial Trucks Are Used

Commercial trucks support a wide range of business operations, and how a truck is used should always drive the buying decision.

According to data from the American Trucking Associations, trucks move 72.7% of all freight by weight in the United States. They are central to everyday transportation and supply chains.

Many businesses rely on commercial trucks for freight hauling and long-distance transportation, especially in manufacturing and wholesale distribution.

Construction and contracting companies use trucks to move materials and equipment where durability and carrying capacity matter most.

Local delivery and service operations focus on efficiency, maneuverability, and frequent stops, which is why cargo vans and medium-duty trucks remain common in urban and regional routes.

Specialized businesses also depend on commercial trucks to haul people, operate mobile service units, or transport job-specific equipment.

With so many use cases, choosing a commercial truck without first defining its job often leads to higher costs or limited performance. The right truck supports the work, not the other way around.

Key Factors To Consider Before Buying A Commercial Truck

Before buying a commercial truck, it’s important to evaluate how the vehicle will perform in real business use.

These factors deserve careful consideration before finalizing a purchase:

Intended use and payload requirements: Start with how the truck will be used and what it needs to carry. Cargo and load capacity, maximum payload ratings, and whether load capacity is limited determine what the truck can legally and safely handle. Overloading increases safety risks and exposes the business to regulatory issues.
New versus used options: New commercial trucks may include a manufacturer’s warranty, updated safety features, and optional equipment configured for the job. Used trucks lower the purchase price but can increase maintenance costs. Carefully review the maintenance and service history, and any independent supplier alterations before committing.
Maintenance and operating costs: Costs continue long after the purchase. Fuel efficiency, parts availability, service access, and downtime all affect the total cost of ownership. Driver requirements also matter, since some commercial trucks require a commercial driver’s license based on weight and configuration.
Insurance and compliance requirements: Insurance costs and compliance obligations vary by truck class, location, and use. Regulations apply differently across fleets and business models, so confirming requirements early helps avoid delays and unexpected expenses.

How Much Does A Commercial Truck Cost?

Light-duty commercial trucks, such as cargo vans and smaller box trucks, often start in the $30,000 to $60,000 range.

Medium-duty trucks commonly fall between $60,000 and $100,000, depending on carrying capacity and body type.

Heavy-duty trucks, including semi-trucks built for long-haul or heavy loads, can exceed $150,000 or more.

The final price of a truck goes beyond the base vehicle. Dealer fees, optional equipment, accessories, independent supplier modifications, and inventory availability all affect total cost.

Commercial trucks cost more than consumer vehicles because manufacturers design them for continuous business use. Heavier frames, stronger drivetrains, higher weight ratings, and reinforced systems increase durability and safety, but they also raise the purchase price.

You should also account for ongoing costs, including maintenance, insurance, fuel, compliance, and downtime, in addition to the initial vehicle purchase.

Financing And Ownership Considerations

Most buyers finance a commercial truck rather than paying cash up front. Commercial financing works differently from auto loans and typically considers business income, credit history, down payment, and supporting documentation.

First-time buyers may face different approval criteria than established fleets, which is why understanding current commercial truck financing rates matters before committing to a purchase.

Cash flow planning also plays a central role in ownership. Monthly payments should align with revenue from the job or service the truck supports, not strain day-to-day operations.

Before finalizing a purchase, buyers should carefully review financing terms, warranty coverage, and required disclosures to avoid surprises after delivery.

A dedicated trucking financier like Mission Financial Services can help you get faster and fairer rates, even if you have bad credit or are a first-time buyer.

Frequently Asked Questions

What Qualifies As A Commercial Vehicle?

Commercial vehicles are trucks or vans used primarily for business purposes, not personal transportation. This includes vehicles used to deliver goods, haul equipment, transport people for work, or support service jobs. Weight rating, usage, and configuration determine whether a vehicle falls under commercial regulations and insurance requirements.

Are There Tax Benefits When Buying A Commercial Truck?

Yes, commercial truck purchases may qualify for tax benefits. Available tax benefits can include depreciation deductions or other forms of proper tax treatment under applicable federal tax laws. Because tax outcomes vary, buyers should consult a qualified tax advisor before relying on any potential tax benefit.

Is A Cargo Van Considered A Commercial Truck?

A cargo van can qualify as a commercial truck when used for business purposes such as delivery, service work, or transporting equipment. Cargo vans are common in local delivery and trade businesses because they offer enclosed space, easier loading, and lower operating costs compared to larger trucks.

What Are Chassis Cabs And When Are They Used?

Chassis cabs are commercial truck platforms that include the cab, engine, and frame, but no cargo body. Businesses use chassis cabs when they need a customized setup, such as utility bodies, dump beds, or service boxes installed by independent suppliers.

Conclusion

Buying a commercial truck is about choosing equipment that supports the work your business actually does. Truck class, carrying capacity, operating costs, and compliance requirements all shape how that vehicle performs once it is in service.

In the end, the right commercial truck is the one that supports your daily operations, protects cash flow, and allows your business to grow without creating unnecessary risk.

Ready to move forward with a commercial truck that fits your budget and workload?

Mission Financial Services helps first-time buyers, owner-operators, and growing fleets finance commercial trucks with terms designed for real-world business use.

Start your credit application today and secure financing that supports how you work, not just what you buy.

Why Proactive Risk Management Is Key for Today’s Lenders

Financing is critical for keeping drivers and fleets on the road, and lenders play a central role in making that possible. But with regulations growing more complex and fuel prices swinging unpredictably, lenders can’t afford to take a wait-and-see approach.

Proactive risk management (identifying risks early and embedding safeguards into lending operations) is no longer optional. It’s what allows lenders to navigate an industry where the rules and risks are changing by the month. Understanding what’s changing, why it’s happening, and how it shapes the way lenders make decisions is the first step to staying ahead.

The Evolving Risk Landscape And Technology’s Role

The Federal Motor Carrier Safety Administration (FMCSA) is overhauling its Safety Measurement System (SMS) – the framework used to track violations and prioritize carriers for enforcement. Starting in 2025, violations will be grouped into categories, with scoring based on a 12-month window. For lenders, this means safety performance will be tracked more tightly, and borrowers with poor safety scores could face higher commercial trucking insurance costs or operational disruptions that increase loan default risk.

MC Numbers Retired in Favor of USDOT Identification

Another significant change is the phase-out of Motor Carrier (MC) numbers. By October 1, 2025, carriers, brokers, and freight forwarders will operate under USDOT numbers only, streamlining identification and reducing fraud.

This change affects permits, contracts, insurance, and compliance systems, which must be updated to use USDOT numbers exclusively. Although the phase-out is firm, the first URS release will allow existing MC numbers to remain valid, and the “suffix” system for types of operating authority will be introduced gradually.

Driver Qualification Rules Tighten

Driver qualification rules are tightening as well. Since late 2024, the Drug and Alcohol Clearinghouse requires state licensing agencies to downgrade commercial driver’s licenses (CDL) for drivers with unresolved violations. Borrowers who fail to maintain a valid CDL create heightened risk for lenders, which is why ongoing license verification is an essential part of responsible lending practices.

Equipment Mandates on the Horizon

The National Highway Traffic Safety Administration (NHTSA) is considering an Automatic Emergency Braking (AEB) requirement for new Class 7 and 8 trucks. The federal proposal estimates incremental per-vehicle costs of $716–$1,083 to equip new heavy vehicles with AEB.

Technology Steps In as a Safeguard

Technology is becoming a frontline defense for trucking lenders. Automated compliance engines, digital documentation and e-signatures, and fraud-detection tools help ensure contracts meet state and federal rules while reducing errors. Telematics and connected vehicle data also give lenders visibility into asset use and borrower performance, allowing risks to be identified and addressed before they escalate.

Compliance As The Foundation Of Risk Management

Responsive compliance is no longer enough. In 2025, lenders are expected to embed compliance into every stage of the loan lifecycle. A strong program includes:

Automate regulatory integration: Leading lenders use loan origination systems that update in real time to reflect mandates like the FMCSA Safety Measurement System overhaul, the Clearinghouse CDL downgrade rule, and proposed equipment requirements such as AEB.
Map asset-level compliance: Responsible lenders track whether financed trucks meet equipment standards, confirm active USDOT numbers as MC numbers are phased out, and keep fleet records current.
Verify CDLs digitally: Strong compliance programs connect directly to the FMCSA Drug & Alcohol Clearinghouse to confirm borrowers maintain valid licenses before loans are issued or renewed.
Monitor safety scores: Lenders that review borrower SMS ratings under the updated 12-month scoring system can intervene early, thereby reducing the risk of defaults triggered by enforcement actions or higher insurance premiums.
Disclose clearly and proactively: Proactive lenders explain regulatory impacts to borrowers upfront – for example, how the potential costs of AEB requirements could affect repayment schedules or loan terms.

By moving beyond reactive fixes and treating compliance as an ongoing, technology-enabled process, lenders demonstrate stability and reliability. For borrowers, that means working with partners who anticipate challenges, protect portfolios, and build long-term trust.

How Strong Lenders Manage Risk In 2025

Proactive risk management in trucking finance is about turning abstract risks into concrete, manageable steps. Good lenders put strategies like these into practice to protect portfolios and support their borrowers.

Keep Contracts Flexible To Prevent Losses

Flexibility can be the difference between salvaging a loan and writing off a loss. Leading lenders may:

Adjust payment schedules: When fuel prices rise sharply, some lenders shift borrowers from fixed monthly payments to a per-mile structure that better aligns with revenue flow.
Include early exit clauses: Loan agreements may allow buy-outs or refinancing when market or regulatory conditions shift, keeping borrowers from defaulting when circumstances change.
Offer grace periods for seasonal operations: Agricultural haulers and other seasonal carriers often experience predictable swings. Lenders that account for these cycles in repayment schedules reduce delinquency risk.

Build Protections Into Every Loan Agreement

Contracts are a lender’s first line of defense against fraud and compliance failures. Strong lenders typically:

Add cybersecurity and fraud provisions requiring multi-factor authentication for digital portals and shifting liability if borrowers fail to safeguard access.
Apply dealer verification protocols by checking licensing status, financial stability, and prior performance before funding loans tied to dealer sales.
Mandate insurance compliance clauses that require active liability, cargo, and physical damage coverage, with penalties or auto-default triggers if coverage lapses.

Catch Issues Before Defaults

The best lenders don’t wait until a borrower is in trouble to act. Rather, they use tools that protect both their portfolio and their customers. For example, they may:

Use telematics to confirm financed commercial trucks are being operated as expected, which helps keep loan terms fair and accurate.
Automate insurance tracking so drivers get reminders before a policy lapses, preventing costly coverage gaps.
Run periodic financial check-ins to identify strain early and offer restructuring options before a missed payment turns into a default.

For borrowers, this means working with a lender who is proactive and committed to long-term relationships, not just collecting payments.

Stay Connected to the Industry

Good lenders know what’s happening in the industry, with close connections to American trucking associations and other organizations. These partnerships give lenders early insight into regulatory changes, market trends, and best practices.

For borrowers, that means working with a lender who understands what’s coming down the road and can adjust loan programs to match industry realities, rather than reacting after it’s too late.

Conclusion

In the trucking industry, risk will never disappear. But it will continue to evolve. That’s why the best lenders treat compliance, technology, and proactive strategies as essentials, not extras. By embedding safeguards, anticipating challenges, and staying flexible, they protect their portfolios while building long-term trust with the drivers and businesses they serve.

At Mission Financial Services, we put these best practices into action every day. We work to reduce risk for our customers and keep financing simple and reliable. That’s why truckers across the country trust us when it’s time to finance their next commercial truck.

Ready to move forward with confidence? Start your credit application today.

Is Leasing a Semi Truck Right for You? Pros and Cons Explained

Choosing whether to lease or finance a semi-truck can significantly impact your trucking career’s future. Leasing promises lower upfront costs and flexibility, while financing builds equity and long-term stability. Ultimately, the right choice depends on your goals, your finances, and how you plan to use the truck.

Today, we’re going to discuss what a semi truck lease actually involves, the major advantages and drawbacks, and how to decide whether leasing is the right path for you. We’ll also explore alternatives such as financing and direct lender loans, allowing you to create an informed plan for your business.

What Does It Mean to Lease a Semi Truck?

A semi-truck lease is an agreement where you pay a fixed monthly payment to use a truck for a specified lease term. Unlike buying, you don’t own the truck at the end of the contract unless it’s a lease-purchase deal, where you can buy the truck after making all scheduled payments.

There are different kinds of leasing options:

Full-service lease: The leasing company covers most maintenance, repairs, and substitute vehicles, allowing drivers to focus on hauling freight.
Lease-purchase agreements: These provide the option to own the truck at the end of the contract; however, the costs are often higher, and the lease agreement may have stricter financing requirements and terms.
Short-term rentals: Sometimes, fleets and companies lease trucks by the week or month to fill gaps in inventory or meet seasonal transportation demands.

In every case, you gain access to a truck without having to make the large down payment typically required for traditional financing.

See our guide on the Requirements for Leasing a Semi-Truck for more information.

Pros of a Semi Truck Lease

Leasing a truck comes with clear benefits, especially for new drivers or small businesses looking to improve cash flow. Here are the most prominent advantages.

Lower Upfront Costs Compared to Financing

With a semi truck lease, you don’t need to make a large down payment, which can be tens of thousands of dollars, if you were buying. Instead, you keep more money available for critical operating expenses like fuel, insurance, repairs, and taxes. For a company driver moving into independent contractor work or a new owner-operator, this means you can start hauling freight without draining your savings. In a tight freight market, having that extra cash flow for day-to-day business needs can be the difference between success and struggling to stay afloat.

Flexibility to Upgrade or Switch Trucks

Leasing makes it easier to stay equipped with newer, safer, and more fuel-efficient commercial trucks. At the end of your lease term, you can upgrade instead of being tied to an older vehicle. This matters in a shifting market, where keeping a truck that’s equipped with the latest technology can lower operating costs and improve safety scores. Newer trucks are also more attractive to customers and fleets looking for reliable transportation partners.

Fewer Maintenance Responsibilities and More Money For Business Expenses

With a full-service lease, many of the biggest repairs and routine maintenance tasks are covered by the leasing company. This often includes scheduled service, emergency repairs, and even substitute vehicles if your truck is down. That coverage reduces the hassle and unexpected expenses that can eat into your profit.

For independent contractors and small fleets, this translates into more money available for other business expenses, such as fuel, insurance, taxes, and driver support. Instead of tying up cash in unpredictable repair bills, you can stabilize cash flow and put funds toward growing your transportation business, finding new customers, or staying competitive in a shifting freight market.

Easier Credit Check Approval for Drivers With Bad Credit

Many leasing semi-truck programs have more flexible credit check requirements than traditional loans. This makes them a realistic option for drivers with poor or limited credit history who still want to lease a semi truck and start a business. While monthly payments may be higher than what the best-qualified buyers expect, a lease gives you access to a truck, the ability to haul freight, and a chance to build your record in the industry. A semi truck lease can be the entry point to proving yourself in the trucking market.

Cons of a Semi Truck Lease

A lease isn’t without its drawbacks. In many cases, the downsides outweigh the benefits, especially in the long run.

No Equity or Ownership at End of Lease

At the end of a lease term, you return the truck unless it’s a lease-purchase deal. Unlike financing, where you own a semi truck once it’s paid off, leasing leaves you without an asset to sell or leverage later. That means you can’t trade the vehicle in for an upgrade, borrow against it, or use it to expand your business. This limits long-term success and the ability to build real value and equity in your transportation company.

Higher Long-Term Costs Compared to Buying

A semi truck lease often has lower monthly payments than financing, but over time, the costs add up. Since you never gain ownership, you’re continually paying for access without building equity. Even if you save on repairs or maintenance through a full-service lease, the combined payments over several years may take more money out of your pocket than purchasing or financing a truck would. What initially was a cheaper option actually reduces your improved cash flow in the long run.

Lease Restrictions (Mileage, Customization, Early Termination Fees)

Most lease agreements include restrictions that directly affect how you operate your business:

Mileage limits penalize you if you haul too much freight, which can cut into profits during busy weeks in the freight market.
Rules against customizing the vehicle may stop you from adding safety technology, improving fuel efficiency, or branding the truck with your company name to attract more customers.
Early termination fees can cost thousands of dollars if you need to exit the lease before completion – a major risk if freight slows or your driving plan changes.

These restrictions add hassle and can make it more difficult for independent contractors or fleets to remain flexible.

Risk of Predatory Lease-Purchase Agreements

Some lease completion or lease-purchase programs advertise the opportunity to own a semi-truck after making payments for years. However, these predatory lease agreements often have hidden expenses, inflated costs, and unfair terms, resulting in the driver paying far more than the truck is worth.

In some cases, drivers never gain ownership of their vehicles. Industry experts caution drivers to review every lease agreement carefully, watch for unclear wording, and avoid deals that promise support but deliver little more than debt.

Who Should Consider Leasing a Semi Truck?

Leasing can be a suitable option for some, depending on your goals and circumstances.

First-Time Owner-Operators Testing the Industry

For a first-time owner-operator, a semi truck lease gives you access to a truck without having to come up with a large down payment. Leasing lets you haul freight as an independent contractor while you test the waters of the trucking business. You can focus on gaining experience, serving customers, and building confidence before you decide whether full ownership is the right move for your long-term success.

Drivers With Bad Credit or Limited Financing Options

If your credit history (or lack of it) keeps you from qualifying for traditional loans, leasing semi trucks may be your best option. While you won’t gain ownership at the end of the lease term, you’ll still be able to get on the road, start generating income, and strengthen your credit profile. Over time, this can improve your business standing and eventually make you eligible for financing programs with fewer restrictions and more money going back into your pocket.

Fleets Needing Short-Term or Seasonal Trucks

Leasing can help you cover business needs during peak demand. When seasonal freight volumes rise or your existing inventory of trucks is down for repairs, flexible rentals and short-term lease agreements make it possible to stay equipped without locking into a long contract. You’ll have the vehicle access you need to keep customers happy and your transportation plan running smoothly, while avoiding long-term expenses tied to buying additional trucks outright.

Alternatives to Leasing a Semi Truck

If you’re hesitant about a semi truck lease, there are other ways to gain access to a truck.

Financing Through a Direct Lender

Direct lenders, like Mission Financial Services, offer semi-truck loans without the restrictions of leasing. Financing may require a down payment and a credit check, but once the truck is paid off, you gain full ownership – an asset you can keep, sell, or leverage for business purposes.

Owner-Operator Loan Programs

Specialized loan programs help independent contractors become owner-operators. These loans often come with flexible terms, making them ideal if you want to transition from company driver status to owning your own commercial trucks.

Options for Bad Credit or First-Time Buyers

Even if you have low credit, there are bad credit loans designed to help. Mission Financial works with drivers who may not qualify elsewhere, offering financing for semi trucks and commercial vehicles that other lenders won’t cover. Unlike some lease-purchase programs, these loans are structured for fairness and business success.

When Buying or Financing May Be the Better Choice

For many, financing or buying a semi truck makes more sense than leasing. If you plan to stay in the industry long term, financing builds ownership and stability. Once your truck is paid off, you can continue using it without monthly payments, improving cash flow and reducing expenses. Financing also gives you the freedom to customize your vehicle, manage your own maintenance plan, and eventually sell or trade the truck. If you want to build a career and own your business, financing is often the better investment.

Conclusion

Leasing a semi truck can be a smart way to get started, especially if you’re new to the industry, running a fleet with short-term needs, or working with limited credit. But it also comes with trade-offs: no equity, higher long-term costs, and restrictions that limit your flexibility.

If you’re serious about building equity, improving cash flow, and creating long-term stability in your trucking business, financing a truck may be the better move. The right path ultimately depends on your goals and how you want to shape your career.

Mission Financial Services makes that next step easier. We offer flexible financing programs designed for independent drivers, small fleets, and first-time buyers so you can move beyond leasing, own your truck, and grow your business with confidence.

Start your credit application today and take control of your future in the trucking industry.

How Much Do Semi-Truck Drivers Make an Hour?

Are you considering becoming a commercial truck driver? We can understand why. Commercial vehicle drivers, particularly semi-truck drivers, are in high demand in the US. Truck drivers often earn good salaries, too.

But how much do semi-truck drivers make an hour, and what influences their potential income? Get the facts in this guide to semi-truck driver earnings.

How Much Does a Semi-Truck Driver Make?

The answer to this question can vary widely, depending on where you look for the information. Job sites base their calculations on what the job posts they’re sharing are offering. Meanwhile, government websites post statistics based on more comprehensive data.

However, job sites will give you a pretty good indication of what many truck drivers are earning. They also provide valuable info on the requirements for different types of semi-truck-driving jobs.

National Average Truck Driver

How much do semi-truck drivers make an hour or per year according to government data?

Let’s look at the US Bureau of Labor Statistics’ last available data (2023) for heavy and tractor-trailer truck driver salaries. It showed a median of $54,320 per year or $26.12 per hour. Also, approximately 240,300 openings for heavy and tractor-trailer truck drivers are projected each year, on average, until 2033.

Meanwhile, the median annual wage for all workers at that time was $48,060. This proves that heavy truck driving can be a sensible career choice.

Average Salary Annual Salary and Hourly Earnings on Job Sites

According to the employment site Indeed, the average salary for a truck driver in the US is $93,206 per year or $30.99 an hour. But, truck driver salaries start at about $41,408 a year.

Why such a big difference? Owner-operators with their own semi-trucks are likely the ones earning the higher salaries. Truck drivers who drive for smaller businesses are probably the ones at the lower end of the pay scale.

The Highest Paying Semi-Truck Driver Jobs

There are different types of truck-driving jobs. Semi-truck driver jobs that involve specialized vehicles, very long distances and difficult driving conditions, or dangerous cargo usually have the highest earning potential.

Of course, if you own your own truck and act as an independent contractor, you’ll have even better odds of a good income.

Owner-Operators

The average salary for an owner-operator driver in the US is $147 per hour or $343,218 per year. But this is more open to variation than other trucker jobs because owner-operators themselves determine what their earnings will be.

Being an owner-operator truck driver gives you more freedom and more earning potential, and it also demands more responsibility. But if you’re thinking of making a career as a solo driver, you’re not alone. Many resources can help you make a success of your path as an owner-operator.

American Trucking Associations don’t just provide vital support to large trucking businesses and fleet owners. They also help truck owner-operators stay up-to-date with industry trends and navigate state regulatory compliance.

Specialty Vehicle Haulers

What truck drivers earn often depends on what type of truck they’re driving. So, how much do semi-truck drivers make an hour driving specialty vehicles such as car haulers? According to data on the job site Indeed, the average salary in the US for a car hauler is $48.09 per hour or $96,173 per year.

Driving specialty vehicles like those designed for construction or hauling new cars can pay quite well. That said, it typically requires further training aside from a commercial driver’s license (CDL).

That said, it offers job seekers more flexibility, allowing drivers to apply for a wider range of semi-truck driving jobs. You may decide to start driving a regular delivery truck and work your way up to driving a specialty vehicle.

Over the Road Truckers

Over-the-road or OTR truckers transport goods over long distances, across state lines, and even across international borders. Unlike regional drivers, they are on the road for several weeks or even months at a time, on average 300 days annually. That’s why they usually earn more than regional truck drivers.

The average OTR trucker base salary before bonuses or profit sharing, according to Payscale, is currently $65,974 per year or $24.23 an hour. But it can be far higher for experienced drivers working for large, international companies.

Continuous long-distance driving is not for everybody. But, the abundance of truck stops in the US makes these long-haul drivers’ lives a lot easier. So, remember to check out our truck drivers’ guide to truck stops if you’re interested in long-distance trucking.

Hazmat Drivers

How much does a semi-truck driver make an hour? What they’re hauling can influence their potential income. Hazmat transport is the perfect example. The average hazmat truck driver in the United States earns approximately $30 an hour, but some can earn much more.

Hazmat truck drivers transport hazardous materials from place to place, preventing these toxic substances from harming people and more populated environments. It pays well because of the higher risks involved than with other cargo.

These drivers must inspect containers of hazardous materials for leaks or damage, load and secure them in the truck, and unload them again. And all the while, they have to wear protective gear and follow stringent safety regulations.

What Affects The Average Annual Salary Of A Semi-Truck Driver?

How much does a semi-truck driver make an hour, and what are the factors that determine that rate? The company the driver works for, the business size and location, the job description, and the trucking route all play a role in determining salary.

Location and Route Type

Location often plays a larger role in earning potential than you might think. This is true for almost every industry and job description, including driving a semi.

Local drivers who aren’t finding the salary they’re looking for and don’t mind relocating simply try somewhere else. Trucker salaries can vary widely between states, so relocation may prove to be the answer to raising your hourly rate.

The route driven is another significant factor. Driving through rough terrain, high-crime areas, dangerous climatic conditions, and steep or narrow roads makes driving a semi much more challenging and risky. That often means you can demand more pay per hour.

These risk factors also contribute to the need for comprehensive commercial truck insurance. This is insurance designed to protect against damage and loss along the road. There are different types of truck insurance, so read through our commercial truck insurance tips to find the best coverage.

Business Size and Job Description

Who you choose to work for and the role assigned to you will affect what you can earn as a commercial truck driver. Is it a small, local business just starting to make a name for itself or a major player in the trucking industry with a huge fleet? The salaries they offer will be very different.

Also, truck driver jobs are not all alike.

Some truck-driving jobs require much longer distances and more hours on the road than others. On the plus side, they will typically pay more than 9-5 delivery drivers. And if you’ll be driving a specialty vehicle or transporting dangerous goods, you can also look forward to an even higher potential income.

The Driver’s Experience

You’ll need a commercial driver’s license (CDL) to drive a commercial truck in the US. You’ll find a few smaller companies willing to give you a job with less experience if you can prove proficiency. The important thing is having a CDL, being healthy and drug-free, with a clear driving record.

If you haven’t got your CDL yet, check out our guide to the top CDL training schools for semi-truck drivers. This is the first step on the journey to becoming a well-paid semi-truck driver.

But aside from the commercial driver’s license, most trucking companies look for experience. Some companies require that job applicants have a CDL for at least two years before applying with them. If you’re going to be driving a specialty vehicle or transporting hazardous goods, this will be even more important.

Knowledge of transport logistics, preventive truck maintenance, and the routes you’ll be expected to drive will be to your advantage. And it won’t hurt if you’re tech-savvy, either. Modern trucks use integrated telematics and AI technologies, and you’ll need to know how they function.

Conclusion

How much do semi-truck drivers make an hour? Their earning potential depends on various factors. These include their location, routes, experience, working conditions, who they work for, the type of truck, and the cargo they haul.

Most semi-truck drivers earn a good salary and enjoy the freedom of being on the open road. And if you’re thinking of putting that CDL to use with your own truck as an owner/operator, Mission Financial Services can help.

Regardless of whether you’re looking for a new or used truck, the top of the range or a budget beast, we’ll get you the financing you need. Contact us today to get the wheels turning.

Semi-Truck Driver School | Top CDL Training Schools

Driving a commercial motor vehicle requires more advanced driving knowledge and skills than driving a regular car. That is why it requires its own license, the CDL, and has training schools and programs specifically designed for and committed to teaching these skills.

So, what will you learn at a semi-truck driving school, and which are the top CDL training schools to consider? Find out all in this short guide to CDL training.

What is a Commercial Driver’s License Training Program?

A commercial driver’s license (CDL) training program is a specialized course designed to prepare students to qualify for a commercial driver’s license. And if you are keen on driving commercial vehicles like semi-trucks for a living, that’s the license you’ll need.

Education Benefits Offered

The Federal Motor Carrier Safety Administration (FMCSA), a division of the Department of Transport (DOT), oversees the issuing of CDL licenses. But CDL training schools help you prepare for getting the license.

You’ll have access to the shared industry expertise of experienced instructors and learn all about what it takes to drive a semi, safely. CDL programs at a semi-truck driver school typically include classes taught by knowledgeable instructors as well as practice driving lessons.

Best CDL Training Schools

If the open road is beckoning, heed the call and head to one of these leading CDL training schools.

All-State Career

Are you in Baltimore, Maryland, or Pittsburgh, Pennsylvania, and planning to make interstate trucking your career?

You can’t go wrong with the commercial driving programs at the All-State Career CDL school. They offer various courses, including Advanced Tractor Trailer Driving, Class A CDL Driving, Class B CDL Driving, and Commercial Truck Driver Training.

Roadmaster Drivers School

Roadmaster Drivers School offers comprehensive CDL instruction and behind-the-wheel truck-driving training.

This CDL training school has multiple locations in several US states. Their Class A CDL Training Program provides students with the skills to qualify for entry-level commercial driver positions. Roadmaster offers financial assistance with tuition and career placement services.

International Truck School

The California-based International Truck School offers CDL training for Class A and B licenses and hands-on experience with 10-speed manual trucks. These schools offer small classes for more personalized tuition, and job placement assistance is available. This school also has classes in Spanish.

SAGE Truck Driving School

SAGE Truck Driving Schools are situated at multiple locations across the US. They offer Class A and B CDL training courses.

SAGE schools go the extra mile, with resume and application assistance, interview preparation, and even job offer analysis. Therefore, they not only help you qualify for a truck-driving job but also help you find the best opportunities.

Ace Trucking Academy

The Ace Trucking Academy is based in Houston, Texas. You can get your entry-level driver training and permit here, followed by a Commercial Learner’s Permit (CLP). Ace offers extensive behind-the-wheel training for anyone wanting to qualify for the CDL.

5 Steps to Getting Your CDL

Once you have chosen the semi-truck driver school that seems to be the best fit for you, there are 5 steps to getting your CDL.

1. Apply for the CDL Training Program

Apply for the truck driver training program that best meets your needs. Attend the orientation at your chosen semi-truck driver school. You’ll learn what to expect on the CDL truck driver course and meet all the instructors.

If you have any more questions about the CDL training at that point, you’ll have a chance to get them answered.

2. Obtain an ELDT and Commercial Learner’s Permit

To qualify for a CDL, you must complete the Entry Level Driver Training (ELDT). FMCSA’s ELDT regulations are the foundation for training requirements for entry-level drivers seeking to obtain Class A or B CDLs.

A commercial learner’s permit (CLP) is a permit that only authorizes you to practice on public roads with a qualified CDL holder sitting next to you.

Class A vs. Class B

Class A CDL drivers can operate vehicles with a gross combination weight of 26,001 pounds or more if the vehicle being towed is heavier than 10,000 pounds. Class B CDL: Drivers can operate a single vehicle with a Gross Vehicle Weight Rating of 26,001 pounds or more and tow vehicles under 10,000 pounds.

3. Receive Classroom Training and Instruction & Behind-the-Wheel Experience

Every top semi-truck driver school offers both classroom instruction and practical commercial truck driver training. Once you have received enough classroom training, your semi-truck driver school teachers will take you through more hands-on training.

4. Gain Behind-the-Wheel Experience and Complete Your CDL Driver Training

The behind-the-wheel component is crucial as it will prepare you with the right driving skills for the semi-truck driving experience. Attending a few classes is not enough to get the trucking job you desire. Even if it gets tough, you must complete your CDL driver training.

There are realities of the truck-driving industry you’ll discover once you’ve been driving for a while. One of these is a driver’s knee, a repetitive strain injury that affects professional truck drivers. The more prepared you are, the more likely you can prevent it when you start working as a semi-truck driver.

5. Pass the DOT Physical and Pass Your CDL Exam

DOT requires that drivers undergo a health check to ensure that they meet the physical and mental demands of semi-truck driving.

The FMCSA regulates these mandatory health exams. You’ll have to pass this physical exam regularly to keep driving commercial vehicles. Our complete guide to the DOT physical will give you all the information you need.

Once you have passed your CDL exam, you’re ready to start your career as a truck driver.

Once You Have Your CDL, What’s Next?

If you intend to start your own driver/operator business, you’ll also need to meet FMCSA requirements for commercial vehicle insurance. We’ve compiled a list of the most common truck insurance questions and answers, so be sure to give that a read.

Whether you are an owner/operator or in the employ of a large motor carrier, we recommend that you familiarize yourself with basic truck maintenance and repair.

This will be very helpful to you should any minor mechanical incidents occur on the road that impair your truck. You will be able to repair small problems yourself and get back on the road quickly. It also offers more flexibility in your career. Trucking companies will be keen to hire a driver who can maintain the truck en route.

Conclusion

A good semi-truck driver school will help you prepare for getting a commercial driver’s license. It’s the first step in becoming a semi-truck driver. You may even start to dream of starting your own motor carrier business. And Mission Financial Services can make that dream a reality.

We help people get the financing they need to buy new or used semi-trucks and other commercial vehicles. We offer a variety of lending options for purchasing commercial vehicles or paying for truck repairs. Contact us today.

How to Write a Commercial Truck Driver Job Description (With Samples)

Are you looking for truck drivers to transport your goods regionally or interstate? To ensure that your job posting attracts the best applicants, you need a good job description.

Don’t worry if you’ve never written one before. In this short guide, we explain how to write a commercial truck driver job description.

Truck Driver Job Description

If you are unsure about what to include in your commercial truck driver job description, here are the most important categories to include.

Job Title and Summary

The job title should be at the very beginning of your commercial truck driver job description. Next, include a short job brief or summary of the job on offer.

This will tell applicants if they need to read the job description further or not. They will quickly know if they may be right for the job.

Truck Driver Responsibilities

Next, you’ll list the responsibilities the successful applicant will have. So, let’s have a look at some typical truck drivers’ responsibilities.

A truck driver is responsible for transporting goods or materials by road to and from manufacturers, warehouses, retail businesses, and/or distribution centers. It is not usually the driver’s responsibility to plan the route but instead to deliver the cargo on time.

Typical responsibilities also include picking up and delivering cargo while navigating fuel stops and any toll roads along the route. You may also require basic truck inspection, upkeep, and preventative maintenance may also be required. If this is the case, mention this in the job description, too.

A driver should be able to handle any impromptu route changes in an emergency. Therefore, it helps if they are familiar with the area they will be driving through. Remember to mention this in your job description.

Other responsibilities as a truck driver depend on the type of truck and the type of cargo.

Some businesses expect the drivers to load and unload cargo. However, more often than not, the driver is not tasked with loading and unloading goods. If you expect your truck driver to handle loading and unloading, state this clearly in your job description for a semi-truck driver.

Truck Driver Requirements and Qualifications

Your driver must have a commercial driver’s license (CDL). This allows them to drive and operate trucks for your business.

They must also provide a valid DOT physical medical certificate no older than two years.

Some businesses ask that job applicants have had their CDL for at least two years. This is more common with the bigger companies. It’s up to you if you want to ask for this. However, some experience with commercial truck driving is always advised.

Education and Training

If your driver has attended a CDL training school, they will be better equipped for commercial truck driving.

What if they’re driving a specialty truck, such as a construction vehicle, a hazmat truck to transport hazardous materials, or a truck for towing semis? Your business may offer its own specialized training, and if you do, state that clearly.

If you do not provide such specialized training, request that CDL drivers provide proof they are qualified to drive such a vehicle.

Technology Skills

Modern trucks are fitted with modern safety, navigation, and fleet management systems, telematics, route optimization features, and AI-assisted technologies. Your driver must be familiar with these technologies. Alternatively, you must provide training on how to use them.

What Makes a Good Truck Driver?

Before writing your semi-truck driver job description, think about what makes a good truck driver.

They must have a CDL and preferably specialized truck-driving training. Experience in truck driving is advantageous. They should be healthy and fit, willing to travel, and able to maneuver large vehicles and drive for long distances.

They also need to know the relevant truck-driving rules and regulations and modern truck technologies. They should also be able to make decisions under pressure and follow accident procedures.

Sample Job Descriptions

These sample commercial truck driver job descriptions will show you how you can structure your commercial truck driver job description. Your exact needs will determine what you add, remove, or amend.

Long-Haul Tractor Trailer Driver Job Description

Looking for a Long-Haul Tractor-Trailer Driver

We are looking for an experienced long-haul tractor-trailer truck driver to deliver our manufactured goods across the US.

Job Responsibilities include:

Loading, transporting, and unloading finished goods
Managing distribution from our manufacturing plant to our warehouses throughout California
Meeting delivery schedules on time while complying with road rules and federal regulations
Mechanical and safety inspection of vehicles
Basic preventative maintenance
Documenting and logging your work expenses
Reporting of serious mechanical problems, road accidents, traffic violations, incidents, or cargo defects

Qualifications & Job Requirements

Commercial Driver’s License CDL with (X) years of experience as a tractor-trailer truck driver
(X) years of experience with tractor-trailer truck driving, truck telematics, and (X) software
Ability to drive long hours and travel regularly
Good knowledge of applicable traffic laws and regulations
A clean driving record with no history of traffic violations
Willingness to submit to regular drug checks
No criminal record — a background check will be done

Local Delivery Heavy Truck Driver Job Description

Looking for a Local Delivery Heavy Truck Driver

We are looking for an experienced heavy truck driver to deliver our manufactured goods to regional distribution centers.

Job Responsibilities include:

Transporting finished goods to our distribution centers throughout California
Meeting delivery schedules on time while meeting all relevant road rules and trucking regulations
Mechanical and safety inspection of vehicles
Preventative maintenance
Reporting road accidents, traffic violations, and incidents

Qualifications & Job Requirements

Commercial Driver’s License CDL with (X) years of experience as a heavy truck driver
(X) years of experience with heavy truck driving
Knowledge of truck-driving rules and regulations
A clear driving history with no traffic violations
Must be willing to submit to regular drug checks
No criminal record — a background check will be done

Conclusion

With these commercial truck driver job description samples as your guide, you’ll be able to write your own commercial truck driver job description with ease.

And if you’re looking for financing to add to your fleet of trucks, we’ve got you covered there, too. Mission Financial Services provides access to financing for both new and used trucks and lending options for truck repairs.

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