The Truck Owner Operator Contract with USPS in Wayne is a detailed agreement between a contractor (owner/operator truck driver) and a carrier (common carrier company). Key features of this contract include stipulations for transportation services, insurance requirements, invoicing processes, and responsibilities of both parties. Contractors must carry a minimum liability insurance of $1,000,000 and cargo insurance of $250,000, with detailed documentation needed for invoicing. The contract outlines the independent contractor relationship and contains clauses on liability, handling of cargo claims, and maintenance of communication in case of delays. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for operational expectations and legal obligations. It serves as a vital tool for ensuring compliance with federal regulations and can help mitigate potential disputes regarding freight transportation. Additionally, the form emphasizes the importance of documentation and the timely provision of necessary proof of delivery and service to facilitate payment processing.