The Owner Operator Contract with FedEx in Houston is a detailed agreement designed for independent contractors who drive trucks for FedEx. This form outlines the responsibilities of the contractor and the carrier, including the transportation of goods, required insurance coverage, and documentation that must be provided for payment processing. Key features include liability coverage stipulations, payment terms, and explicit instructions regarding handling delays and accidents. It emphasizes the independent contractor status, specifying the supplier's obligation to maintain necessary insurance and adhere to federal regulations. Useful filling instructions guide users on completing the agreement accurately to avoid disputes. This document serves various legal roles, providing attorneys, partners, owners, associates, paralegals, and legal assistants with a framework for contractual obligations and risk management specific to the trucking industry. Each party is advised to maintain clear communication and document retention to fulfill their contractual duties effectively.