Company Driver vs. Owner-Operator: Navigating the Flatbed & Step Deck Decision in 2025

By Open Way Inc – August 2025

The decision between remaining a company driver or transitioning to an owner-operator role is pivotal for CDL professionals, especially in the flatbed and step deck sectors. With fluctuating fuel prices and varying load rates, understanding the implications of each choice is crucial.

Company Driver: Stability with Structure

Pros:

• Predictable Income: Company drivers receive a consistent paycheck, often with benefits like health insurance and retirement plans.

• Lower Financial Risk: The company bears costs for equipment maintenance, insurance, and fuel.

• Less Administrative Burden: No need to manage taxes, permits, or business operations.

• Training and Support: Access to ongoing training and support from the employer.

Cons:

• Limited Earning Potential: Earnings are typically capped, with less opportunity for significant increases.

• Less Flexibility: Routes, schedules, and loads are determined by the employer.

• Potential for Limited Freight Variety: Depending on the company, there may be less variety in the types of loads hauled.

Owner-Operator: Independence with Increased Responsibility

Pros:

• Higher Earning Potential: Owner-operators can negotiate rates and choose loads, potentially leading to higher income.

• Control Over Business Decisions: Freedom to select routes, schedules, and clients.

• Tax Advantages: Opportunities for deductions related to business expenses.

• Asset Appreciation: Ownership of equipment can lead to asset growth over time.

Cons:

• High Initial Investment: Significant capital required for purchasing equipment.

• Increased Financial Risk: Responsible for all operational costs, including maintenance, insurance, and fuel.

• Administrative Responsibilities: Need to manage taxes, permits, and business operations.

• Market Vulnerability: Income can fluctuate based on market conditions and load availability.

Current Market Dynamics: Flatbed & Step Deck in 2025

As of mid-2025, the flatbed and step deck sectors are experiencing unique challenges:

• High Fuel Prices: Ongoing elevated fuel costs impact overall profitability.

• Low Load Rates: Despite a slight increase in flatbed rates to $2.58 per mile, rates remain below historical averages.

• Economic Pressures: Rising interest rates and inflation contribute to increased operational costs for both company drivers and owner-operators.

Making the Right Choice

In the current market:

• Company Drivers benefit from stability and reduced financial risk, making this a suitable option for those valuing consistent income and less responsibility.

• Owner-Operators have the potential for higher earnings but must navigate increased financial risks and market uncertainties.

  
  

For those considering the transition to owner-operator status, it's advisable to:

• Gain Experience: Accumulate experience in the industry to understand market dynamics.

• Evaluate Financial Readiness: Ensure sufficient capital for equipment purchase and operational costs.

• Understand Market Trends: Stay informed about fuel prices, load rates, and economic conditions.

  
  

Conclusion

The decision between being a company driver and becoming an owner-operator in the flatbed and step deck sectors is complex and influenced by various factors, including current market conditions. Assessing personal financial situations, career goals, and risk tolerance is essential in making an informed choice.

At Open Way Inc., we are committed to providing opportunities that align with your career aspirations. Whether you choose the stability of a company driver role or the independence of an owner-operator position, we support your journey in the flatbed and step deck industries, however, at the end of the day, YOU are the one to decide, based on your current available savings, investment opportunities, willingness to risk and dedication to the industry. Even your personal family situation plays a big role in this important decision!

Wherever you decide for now, or in the future, Open Way Inc. wishes you good luck and open roads in your career!