
If you are a new driver or maybe just received authority as an owner-operator, understanding what deadhead is can be critical when searching for the right load.
Deadhead in trucking is when a truck driver is driving with an empty trailer. Since loads aren’t found in our backyards, deadhead is usually necessary for owner operators who must drive a certain distance to pick up a load.
Not necessarily. Some trucking companies will pay for deadhead mileage after the first 100 miles, although it isn’t required. For example, C.R. England pays independent contractors $.80 per deadhead mile. While company drivers typically get paid for deadhead mileage, owner-operators aren’t always as lucky and the cost could come out of pocket.
The more often you haul cargo, the more you generally will earn. It’s a simple concept. In order to maximize earnings, it’s important for a trucker to stay loaded and avoid driving back empty. With the national average diesel prices forecasted to be $2.71 per gallon in 2017 (according to Gas Buddy),driving empty can become a costly issue for owner operators. At that price, a 200-mile deadhead with a Peterbilt or Mack truck that gets around 5 mpg could cost over $100, cutting into the profit a driver might earn. Deadhead might be the last resort if there are no loads nearby.
Trucking deadhead can be extremely dangerous for truck drivers. Trucks with an empty trailer weigh half as much as full ones. This can be problematic if a trucker is driving through an area with especially high winds. Not only can an empty trailer sway around and be difficult to control, it can flip open, causing serious injury. Be sure to always check the weather reports and wind conditions before heading out to pick up a load with an empty trailer.
Truckloads is a free load board connecting carriers with shippers. It features unlimited premium loads, customized search options and carriers can call brokers right from the app. Additionally, owner operators can search for over two million monthly loads nearby or based on deadhead. Carriers can also view the rate, days to pay and even view a brokers credit score.




Recourse vs Non Recourse Factoring [p]Get paid in a day with freight factoring and understand the benefits and differences between recourse vs non recourse factoring.[/p]
[h2]Recourse vs Non Recourse Factoring[/h2]
[p]What's the difference between recourse vs non recourse freight factoring actoring? Say you're an owner-operator who's interested in freight factoring because you no longer want to wait 30 days to get paid for hauling a load. You come across a few factoring companies offering different rates and notice some are recourse factoring and others are non-recourse but don't know which freight factoring option is best.[/p]
[h2]Recourse Freight Factoring[/h2]
[p]With recourse freight factoring, you agree to sell your invoices to a factoring company that will then pay you after hauling a load (days to pay vary) however, you're responsible for collections from your client. Recourse factoring is commonly used in factoring finance however it presents the highest risk.[/p]
[p] Even if a recourse factoring company has taken on your invoice or provided you an advance, you are still liable if they are unable to collect from your clients. This puts your business at risk for a potential loss.[/p]
[h2] Non Recourse Freight Factoring [/h2]
[p]The opposite is true for non recourse freight factoring. When you sell your invoices to the factoring company, you are not liable to collect from your clients. Instead, the factoring company pays you after hauling a load and they assume the risk if your client fails to pay. Due to this, typically a non recourse factoring rate is slightly higher because the burden to collect is placed on the factoring company and not you.[/p]
[p] If you're an <a href="https://truckerpath.com/blog/how-to-become-an-owner-operator/">owner-operator</a> or manage a small fleet, it's usually more beneficial to choose non-recourse factoring in order to avoid a potential loss in revenue if there are complications with collections. Choosing a non recourse factoring company like Trucker Path InstaPay allows you to focus on running your business and haul more loads.[/p]
[button-green href="https://truckerpath.com/instapay/?utm_source=blog&utm_medium=recourseornonJuly5"]Learn about InstaPay[/button-green]
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