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Furthermore with this type/ option for operation, you will probably have to pay higher insurance (health insurance as well as truck insurance) costs and use your own equipment.
The good side with choosing this option is that will give you most return in profit. At least that’s what the trucking company owners with company truck drivers are saying!
Moreover, it will give you total control over your business and the employees.
But, like and with everything else in life, there is downside to it. The only con that I can think of right now for the trucking company owners is the fact that this option requires a lot more start-up capital and other operating costs.
Owner Operators
The owner operators are the drivers who drive their own trucks usually. Even thought they privately own and run their businesses, they should still take in consideration all the additional cost and expenses that come with this option.