A settlement is the trucking version of a pay stub โ the statement that shows what a driver earned, what was deducted, and the net. Here's how they work.
From the gross, carriers deduct items like fuel, advances/comdata, insurance, trailer rent, ELD/ELD fees, maintenance escrow, and any damage chargebacks. The settlement lists each one so the driver sees exactly how net pay was reached.
| Line | Example |
|---|---|
| Loads & gross pay | $4,200 |
| Fuel | โ$1,100 |
| Advances | โ$300 |
| Escrow | โ$50 |
| Net pay | $2,750 |
Settlements are where small carriers lose hours (and trust) to spreadsheet errors. TruckSpot Dispatch builds each driver's settlement automatically from delivered loads and tracked deductions, so pay is accurate and the statement is one click โ for per-mile, percentage or flat-rate drivers.
Automate driver settlements โ free trial โUsually per mile, a percentage of the load's linehaul, or a flat per-load rate. Owner-operators are most often paid a percentage.
Common deductions include fuel, advances, insurance, trailer rent, maintenance escrow, and any chargebacks โ all itemized on the statement.
TruckSpot Dispatch generates each settlement automatically from delivered loads and tracked deductions, supporting per-mile, percentage and flat-rate pay.