The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company outlines the contractual relationship between a contractor and a carrier in the transportation industry. Key features include provisions on liability, insurance requirements, and payment terms, emphasizing the independent contractor status of the parties. The form facilitates the contractor's obligation to provide transport services using their equipment while ensuring compliance with federal regulations. It highlights the necessity for documentation, including bills of lading and proof of delivery, which must be submitted within specified timeframes. The agreement also incorporates liabilities relating to cargo claims and the process for addressing delays or accidents. This form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to establish clear operational and legal guidelines between truck drivers and carriers, ensuring mutual understanding of responsibilities and rights. It serves as a crucial resource in managing contractual relationships and safeguarding against potential disputes.