What does owner-operator mean?

Definitions for owner-operator
own·er-op·er·a·tor

This dictionary definitions page includes all the possible meanings, example usage and translations of the word owner-operator.

Wiktionary

  1. owner-operatornoun

    A subcontractor that can be a commercial carrier, but most often provides capacity (trucks and drivers, with or without trailers or chassis) to either commercial or private carriers under a contract for services.

Wikipedia

  1. Owner-operator

    An owner-operator is a small business or microbusiness owner who also runs the day-to-day operations of the company. Owner-operators are found in many business models and franchising companies in many different industries like restaurant chains, health care, logistics, maintenance, repair, and operations.

Wikidata

  1. Owner-operator

    In the United States and Canada, as is with many small business owned by the same person who is running day-to-day operations. Owner operators are found in many business models and franchising companies in many different industries like restaurant chains, health care, logistics, maintenance, repair, and operations. In trucking, it is a self-employed commercial truck driver or a small business that operates trucks for transporting goods over highways for its customers. The Motor Carrier Act of 1980 deregulated the industry and made it easier for manufacturers to set their own prices on shipping goods, and also allowed owner-operators to be more successful by taking some of the control out of the hands of the larger motor carriers. It was now possible to find a carrier willing to haul goods for what customers wanted to pay, rather than what the larger carriers' rates were. ⁕An owner-operator is free to either haul free-lance, or enter into a lease agreement to dedicate their equipment to one customer or product. ⁕The owner-operator typically has to pay higher rates on insurance due to smaller size than most larger companies, meaning they have to charge more to balance the cost.

How to pronounce owner-operator?

How to say owner-operator in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of owner-operator in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of owner-operator in Pythagorean Numerology is: 3

Examples of owner-operator in a Sentence

  1. Lydia Cisaruk:

    Before the acquisition, this matter was addressed by the franchise owner/operator in conjunction with the licensing authorities, staffing changes were made prior to the school coming under corporate ownership last year.


Translations for owner-operator

From our Multilingual Translation Dictionary

Get even more translations for owner-operator »

Translation

Find a translation for the owner-operator definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"owner-operator." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/owner-operator>.

Discuss these owner-operator definitions with the community:

0 Comments

    Are we missing a good definition for owner-operator? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    separate or cut with a tool, such as a sharp instrument
    A abash
    B elaborate
    C cleave
    D loom

    Nearby & related entries:

    Alternative searches for owner-operator: