GREEN BAY — Picking your own load and compensation isn’t usually part of the job description for an owner-operator. But Schneider National has introduced a percent-of-revenue lease program for U.S. owner-ops that — paired with Schneider’s long-standing mileage-based program — provides owner-operators the ability to choose the compensation option that best fits their needs.

Owner-operators looking to control their own destiny — unlike forced-dispatch programs that may not maximize their time or earning potential — have begun looking to Schneider to get the most out of their time on the road, their time at home and the loads they deliver, the company says.

The percent-of-revenue lease option pays 65 percent of the line-haul revenue and 100 percent fuel surcharge with no trailer rental fees. Owner-operators can view all of Schneider’s freight opportunities in their market, regionally and nationally, before selecting a load online. This driver-friendly tool provides owner-operators with the ability to view all loads for that day and look ahead to select their next load.

“Whether our owner-operators feel the mileage-based program or the new percent-of-revenue option is best for them, they have the freedom to manage their own business and increase their revenue,” says Mike Bethea, director of operations of truckload contractors for Schneider National. “Our owner-operators who select their own loads average $1.30 to $1.35 per mile and $165,000 per year.”

The percent-of-revenue program allows owner-operators to choose their freight, miles, locations, route and the amount of revenue they bring in. The program has directly resulted in an increase in the number of owner-operators signing with Schneider National in the last six months. According to Bethea, the company has seen a 22 percent increase in owner-operators joining Schneider since the program launched.