The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company delineates the responsibilities and rights of an owner/operator and a carrier in Kings. It facilitates the transportation of goods by defining the operational terms including insurance requirements, documentation needed for payment, and liability issues for both parties. Key features include stipulations regarding insurance coverage amounts, procedures for invoicing and shipment confirmation, and liability for damages or losses incurred during the transport process. The form outlines expectations for timely communication regarding delays and mandates the contractor to uphold strict liability standards according to federal regulations. It also encompasses clauses on compensation structures, solicitation restrictions, and legal jurisdiction for dispute resolution. This form is particularly useful for attorneys, partners, and paralegals involved in drafting or negotiating transport agreements, as it establishes a clear framework for independent contractor relationships within the trucking industry. Legal assistants and associates can utilize this document to ensure compliance with federal laws and secure necessary contractual protections for their clients.