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An owner-operator truck driver both drives and owns the vehicle they use to transport goods. They are responsible for finding work, administrative tasks, and covering costs such as maintenance, fuel, and insurance.
In many cases, truck drivers are employees. They are hired by a company or the owner of the vehicle to transport goods. An owner-operator truck driver is someone who can do both. He drives and owns the vehicle he drives.
When a person is just a driver, they usually don’t have as many responsibilities. He must see that the loads are picked up and delivered on time and that they are in good condition. When one person is an owner-operator truck driver, the responsibilities can multiply greatly. How many responsibilities he has will depend on whether he gets assistance with certain tasks.
Success in the trucking business involves having a moving truck. Generally, if the truck is not moving, money is not being made. A truck owner-operator’s income depends on finding work for himself.
Some people sign a single long-term contract. This ensures that they will be able to carry a specified number of payloads for a single entity. These cases usually generate enough income that the driver does not have to look for another job.
Others, however, work load by load. An owner-operator truck driver might, for example, find a job that requires delivery in Tallahassee, Florida. He will likely try to find something that needs to be pulled out of Tallahassee, Florida. Otherwise, he may be traveling at a loss. These arrangements are usually done through brokers to eliminate some of the owner-operators’ work, but some do it themselves.
In addition to finding work, the owner-operator truck driver may also have to deal with administrative tasks. He may have to track payments and ask questions about payments that have not been received. He may be responsible for billing clients for the work he has done. He may also have to deal with customers when deliveries are late or when new work needs to be negotiated. Sometimes a secretary is employed to take care of such tasks while the driver is on the road.
There are many costs associated with the owner-operator truck driver. Truck maintenance and fuel are two of the main ones. He will also need insurance to cover the vehicle and generally the goods it transports. Also, he must support himself while traveling unless he sticks to local jobs, maintaining household expenses unless he lives in his truck.
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