The Independent Contractor Agreement between an Owner/Operator Truck Driver and Common Carrier Company is designed for individuals operating in Los Angeles as truck drivers who work with carriers to transport goods. This form outlines crucial responsibilities, ensuring that contractors meet insurance requirements, maintain compliance with federal regulations, and provide essential documentation for shipment processing. Key features include terms for liability, insurance obligations, and the relationship dynamics between the contractor and the carrier. The form emphasizes the need for both parties to maintain clear communication regarding any delays or issues during transport. It also includes clauses to protect the carrier from liabilities arising from the contractor's operations and defines the payment process for services rendered. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form invaluable for establishing professional agreements that govern the transportation industry, ensuring legal clarity and compliance in contractual relationships.