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In trucking, an owner-operator is a self-employed commercial truck driver or a small business that operates trucks for transporting goods over highways for its customers. [1] Most owner-operators become drivers for trucking companies first to gain experience and determine whether the career is for them.
As of May 2015, over 90.0% of companies in the United States long-distance freight trucking industry are owner-operators. [citation needed] [38] Therefore, even the top corporate operators only hold a small share of the total market.
WTI was founded in 1989 under the name Welborn Transportation by owners, Stephen Rumsey and Miller Welborn whose fleet of 12 flatbed owner operators hauled freight throughout the Southeast. [2] In December 1997, Boyd Bros. Transportation merged with Welborn Transportation and later changed the Welborn name to WTI Transport, Inc. [ 3 ]
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A Nissan Diesel trucker in Hong Kong. There are three major types of truck driver employment: Owner-operators (also known as O/Os, or "doublestuffs" [4]) are individuals who own the trucks they drive and can either lease their trucks by contract with a trucking company to haul freight for that company using their own trucks or haul loads for multiple companies and are self-employed independent ...
The Owner-Operator Independent Drivers Association (OOIDA), a group that represents independent trucking owner-operators, has been a key force behind the new regulations. While the final rules in MAP-21 fell short of the OOIDA's wishes, Todd Spencer, executive vice president of the organization, praised them as a "win-win" for truckers and ...
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