The Owner Operator Contract with FedEx in Phoenix is a key legal document that outlines the relationship between a contractor and a carrier for transportation services. This agreement establishes the responsibilities of both parties, specifically detailing how the contractor will transport goods using their own equipment and the insurance requirements necessary for operation. Key features include liability coverage, payment terms, and required documentation for invoicing, ensuring that contractors are compensated for their services efficiently. The contract also delineates the obligations regarding cargo claims and the maintenance of appropriate insurance policies. Filling and editing instructions suggest that users should carefully complete each section, providing accurate information regarding addresses, payment agreements, and any specified terms. This form is particularly useful for attorneys and legal assistants in the transportation sector, as well as business owners and partners involved in logistics. It aids in safeguarding the interests of both contractors and carriers while ensuring compliance with federal regulations.