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In the United States and Canada, the term typically refers to independent contractors who hire out and drive their own semi-trailer trucks.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]
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 distinction between independent contractor and employee is an important one in the United States, as the costs for business owners to maintain employees are significantly higher than the costs associated with hiring independent contractors, due to federal and state requirements for employers to pay FICA (Social Security and Medicare taxes) and unemployment taxes on received income for ...
Private carriage usually refers to trucking but is also found in rail and water transportation, as well as communication. Private carriage is distinguished from independent carrier, which is an individual owner-operator or trucker who may make discretionary deals with private carriers, common carriers, or contract carriers.
American Tower Corporation (NYSE: AMT) is a real estate investment trust (REIT) and an independent owner, operator, and developer of multitenant communications real estate.
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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