The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company or Organization is designed for individuals or businesses looking to formalize their working relationship in the transportation sector in Wayne. This contract outlines the responsibilities of both the Contractor and Carrier, detailing the transportation of goods, insurance requirements, invoicing, and payment timelines. Key features include the stipulation of liability and property insurance minimums, documentation needed for payment, and clauses addressing delays or accidents. The form emphasizes that the Contractor acts as an independent contractor but allows the Carrier to invoice on their behalf. It is especially useful for legal professionals, such as attorneys and paralegals, who need to understand the nuances of transportation regulations and contractor relationships. Additionally, it serves as a resource for business owners managing logistics, protecting their rights, and clarifying obligations in a legally binding manner. The form ensures clarity in contract terms, facilitating smoother operations for all parties involved.