The BCO Advantage
Tired of being a company driver but not sure if you want to take the leap to owner-operator?
Then becoming a BCO might be right for you.
What is a BCO?
A “Business Capacity Owner” is an owner-operator that works with Landstar, one of the best owner-operator companies in the industry. There are several advantages to becoming a BCO including:
One of the biggest differences between a BCO and owner-operator is that when you are a BCO, you act as your own dispatcher. You decide which loads you take, when you take them, and when you head home. You have access to thousands of loads through the company’s load board so there’s as little or as much downtime as you need. What’s more, there is absolutely no forced dispatch. You are in control of your work schedule.
Support
The downside to being an owner-operator is the lack of support. This is not the case when you’re a BCO. BCOs enjoy a number of support services starting with a two-day orientation. From there, BCOs are assigned a representative who acts as a single point of contact between you and the company. Safety and business reviews are then provided at the 120-day mark. Training for flatbed or step decks is even provided, if needed.
Percentage Pay
In addition to being paid a percentage of load revenue for each load, BCOs also receive 100 percent of the fuel surcharge. Pay does vary depending on whether you own your own trailer or lease from the company. For instance, you receive 65 percent of 100 percent with a leased van trailer but 72 percent of 100 percent with your own van trailer.
Considering the advantages, it only makes sense as an owner-operator to partner with a company and become a BCO.
Guest Author: Lolita Di