The Owner Operator Agreement Template with a Carrier in Wake is a legal framework designed for an independent contractor (the Contractor) and a common carrier (the Carrier) to outline their mutually agreed terms for transportation services. This agreement specifies responsibilities, including the Contractor's obligation to deliver goods using their equipment and comply with all relevant regulations. It highlights the requirement for both parties to maintain appropriate insurance coverage, ensuring that liability and property insurance meets federal regulations. Important elements include documentation requirements for payment processing, a clear definition of the independent contractor relationship, and guidelines for managing delays or accidents during transport. The form also includes provisions regarding cargo claims, non-solicitation clauses, and the management of operational responsibilities, with specific mention of insurance obligations for hazardous materials. This template is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured approach to establishing contractual relationships in the transportation industry, ensuring compliance with legal standards while protecting the interests of both parties. Users can easily fill out and edit this document to meet their specific needs, making it a practical tool for various legal and operational contexts.