Owner-Operators are those individuals that own and operate their own trucking business. They may lease on to a carrier or they may operate under their own authority. If they operate under their own authority, they will have a D.O.T. and M.C. number identifying them as a registered carrier. There are approximately 350,000 Owner-Operators registered in the U.S. most lease on to larger carriers and operate under that carriers D.O.T. number.
An Independent Owner-Operator owns and operates their vehicle under their own operating authority. As an independent Owner-Operator, the driver assumes the operating costs including fuel, repairs, maintenance, insurance, etc.READ MORE..
A Leased Owner-Operator leases their truck with driver services to a trucking company to haul truckloads for a period of time. The Leased Owners typically retain control over the use of their vehicle, but the exact details will be covered in the official lease agreement.READ MORE..
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