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Owner Operators are Self-Employed Truckers who run a small Business Trucking company and run every aspect of the business. They are usually experienced Truck Drivers who have worked for Trucking Companies in the past that decided to start their own business. They are considered Independent Contractors.
Why become an Owner Operator? What are the benefits of it?
Pros:
• You can be your own boss
• Can choose to be selective of the type of freight you carry.
• Price Rates can be negotiated.
• Flexible Schedule (You create the hours!)
• Earn more than a Company Truck Driver, since you’re working for yourself, you get all of the money!
• Truck Customization, make it look the way you want!
• You own your truck!
Cons:
• Insurance rates typically cost more due to smaller company size.
• You have to take care of your vehicle, where as a Trucking company would take care of it for you.
How does Owner Operator Trucking Work, what does an Owner Operator do?
Like with a Trucking Company, an Owner Operator will seek out new clients to haul goods for them. But unlike Trucking Companies, they can choose their clients as well as have contracts which would allow for them to try new companies to work for.
Don’t forget! Make sure to get your USDOT and MC numbers!
See Also: HotShot Trucking
★ By the way!
If you or someone you know owns/starting a Trucking and/or Passenger company and needs help with their DOT and or DMV Regulations, we are in fact a company that helps Trucking/Passenger companies stay in compliance with these regulations!
Not sure how to feel yet? We offer a FREE Trucking & Passenger Regulation Consultation! Call us at 631-277-3456 to schedule an appointment.
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