The Agreement Owner Operator Contract for Trucking in Phoenix is a legally binding document that outlines the roles and responsibilities between an owner/operator truck driver (Contractor) and a common carrier company (Carrier). Key features of this contract include provisions for transportation services, insurance requirements, liability for lost or damaged cargo, and payment processes. The Contractor agrees to transport shipments using their own equipment under specific conditions established by the Carrier, and both parties must adhere to insurance coverage parameters. This contract also stipulates documentation requirements for payment within a defined timeframe and emphasizes the independent contractor status of the Contractor. Utility for attorneys, paralegals, partners, and associates lies in its ability to clearly define legal expectations, protect interests, and facilitate compliance with federal regulations. It serves as a reliable framework to minimize disputes and ensure accountability within trucking operations. Furthermore, this contract can be customized through addendums for specific transactions, making it adaptable to varying operational needs.