The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company outlines the responsibilities and expectations for owner operators needed in King. It establishes a contractual relationship where the Contractor agrees to handle the transportation of goods using their own equipment for the Carrier. Key features of the agreement include requirements for insurance coverage, invoicing procedures, and liability for loss or damage to property during transport. The form specifies the documentation needed for payments and details how cargo claims will be settled according to federal regulations. This agreement benefits various legal professionals such as attorneys, partners, owners, associates, paralegals, and legal assistants by providing a clear framework for the relationships and obligations of contractors within the trucking industry. It is essential for ensuring compliance with legal and regulatory standards while facilitating the smooth execution of transport services in King.