Owner Operator of the Month – February 2023 – Doug03/30/2023
Owner Operator of the Month – March 2023 – Buddy04/28/2023
Important Factors for Owner Operators to Keep in Mind When Looking for a New Transport Company
Are you an Owner Operator looking to join us at Trailer Transit, Inc. or just beginning your search for a transport company to lease on with? Keep these tips in mind to help you find one that meets your needs:
Routes & Cargo
It’s important to consider the types of loads and routes that a transport company selects. So, find a hauling company that schedules the type of cargo you like to transport. Check if their routes fit your desired home time and location.
Payment and Fees
Also, consider the payment and compensation structure offered by the transport company. Look for transparent payment practices, including competitive rates, clear payment terms, and timely payments. It’s important to know how and when you will be compensated for your services. This can greatly impact your earnings as an owner operator.
Reputation & Culture
Look for a transport company with a solid reputation in the industry. Research the experiences of other power only drivers who have leased with the company. Check online reviews and ratings on different platforms. A company with positive reviews and feedback is likely to be more reliable and trustworthy.
Customer Equipment & Maintenance
As an owner operator, you are temporarily responsible for the trailers, cargo, or equipment of others. Are they in decent condition and well-maintained by their owners? This is important to avoid any potential breakdowns or delays that could cost you. Look for a transport company that finds clients who regularly maintain and service their property.
Support & Resources
Likewise, what about maintenance of your own rig? Look for a transport company who understands that mishaps and repairs are part of the job. They might provide maintenance and repair support. Ask about other resources that would benefit you as a power only driver. Do they have dispatch support and good customer service?
Carefully review the contractuals and lease terms offered by the transport company. Pay attention to details such as lease duration, termination clauses, insurance requirements, and any additional fees or charges. This will help you avoid unpleasant surprises or unexpected costs down the road. Pay attention to how open they are to discussing the contracts with you.
Give careful thought to these factors. This will help owner operators make an informed decision when selecting a transport company to lease on with. Conducting thorough research and selecting a reputable, reliable company is crucial for a successful and profitable partnership.