Carrier Contract Contractor For Canada
Description
How to fill out Carrier Services Contract - Self-Employed Independent Contractor?
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FAQ
An independent contractor is a driver with a contractual relationship with a carrier, or a company that transports freight. The carrier guarantees work for the driver and provides them with necessities for transport, such as liability insurance, a toll pass and the right to operate a commercial vehicle.
In addition, common carriers are restricted in the rates they can set, while contract carriers can negotiate the rate they want with a shipper. An example of a common freight carrier is FedEx (they are also a contract carrier), and DHL is an example of a contract carrier.
What's included in a carrier packet? Broker-carrier agreement. ... Completed W-9 form. ... Liability insurance. ... Copy of MC operating authority. ... Safety rating documentation. ... Broker bonds. ... Transportation licensing. ... Invoicing procedures.
Contract carriers provide for-hire truck transportation to specific, individual shippers, based on contracts.
A contract carrier agreement is a legally binding document between a carrier (like UPS or FedEx) and a customer detailing terms and conditions, services, and fees to be provided by each party.