The Owner operator agreement template for trucking company in King is a comprehensive legal document designed to outline the relationship between a contractor, who operates as an independent truck driver, and a carrier company. Key features of this agreement include stipulations regarding transportation services, insurance requirements, and the documentation needed for payment processing. The document specifies that the contractor must maintain certain insurance coverages and adhere to federal regulations concerning liability for cargo. It also details the invoicing process and the timeframe for payments, while establishing the carrier-agent relationship for freight charges. This template is particularly useful for attorneys, partners, and legal assistants who need to draft clear and enforceable transportation agreements. It helps ensure compliance with legal standards and minimizes liability for both parties. Paralegals and associates can utilize this form to streamline operations within a trucking company, ensuring that all parties understand their responsibilities and the handling of claims. Overall, the template provides essential guidance for managing cooperative relationships in the trucking industry.