The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company or Organization serves as a crucial document for owner operators engaging with FedEx in Wayne. This agreement stipulates the responsibilities and obligations of both parties, ensuring that the contractor provides transportation services using their own equipment while meeting the carrier's specific needs. Key features include the requirement for comprehensive insurance coverage, invoicing procedures, liability clauses, and delay notification protocols. This form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it outlines the legal framework that governs the relationship between contractors and carriers. Users will find instructions on necessary documentation for payment and adherence to federal regulations regarding cargo claims. The agreement also highlights the independent contractor status, ensuring that both parties understand their roles and liabilities. Additionally, it provides clear terms for the delivery of services, negotiating charges, and protecting the carrier's interests against competition from the contractor. By using this agreement, the target audience can orderly navigate contractual relationships, helping mitigate risks and resolve potential disputes effectively.