How many owner operators are there

Owner operators have their own authority so that anyone in their business can successfully and legally transport freight. Why do some independent contractors choose not to become owner operators? There are additional expenses, such as insurance, taxes, and equipment expenses. As long as you are operating under interstate authority, have equipment and insurance, you can use the DrayNow app to find local loads and haul intermodal freight.

Our free app has local intermodal loads available to carriers of all sizes to pick up and haul. Carriers: Get the App. Customer Login Carriers: Get the App. Blog Owner Operators vs. Independent Contractors: The Differences September 24, Get Started Ready for a new way to haul? Download the app to get started with DrayNow. What is an independent owner operator? Simply put, anyone who owns a semi truck and is driving freight either under their own authority or in a leased truck under contract with a freight company.

In fact, drivers spend more than nights a year away from home on average. There are a variety of factors that might lead a driver down the path to becoming an independent owner operator. For many drivers this can be a deciding factor, even though expenses rise when the choice is made to own your own truck.

When you own a truck, you become responsible for any repair and maintenance costs that come up. When the rig is out of commission in the shop for repairs or maintenance, your income dries up unless you have a second truck or trailer.

Backup equipment, preventative maintenance, and insurance can all increase your cost per mile. Another big draw to drivers thinking of becoming owner operators is the ability to make their own schedules. However, there is a downside to this as many owner operators may find they need to take personal responsibility for working long hours on the road.