THE OWNER OPERATOR

Many truckers dream about owning their own rig. There’s loads of perks for owner operators if you manage your business wisely.

  1. But, there’s loads of responsibilities that go along with owning your own truck – truck payments, fuel costs, replacing equipment, escalating truck expenses, insurance rates, maintenance(which takes money and time) and sometimes struggling to be paid by a carrier or a customer.
  2. If you decide at some point that you’re not satisfied with the deal you’ve made with a carrier, it’s not just a simple matter of leaving a carrier you’ve leased on with, and signing on with another. Chances are you are under a stringent contractual agreement and the company has a hefty hold-back fund of yours.
  3. It’s expensive to jump from carrier to carrier as an owner operator.

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