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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.
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.
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 ...
Financing a semi truck can help ease the startup costs as an owner-operator. And the good news is that semi-truck financing can be easier to secure than other business loans if you’re a new ...
CFI operates from four dedicated truckload terminals and 37 sales offices throughout the United States, Canada and Mexico. [6] As of 2021, CFI's operations included approximately 2,000 drivers, over 1,800 tractors, and over 7,000 trailers plus 700 contracted owner-operators.
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.
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