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
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
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
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.
Numerology
Chaldean Numerology
The numerical value of owner-operator in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of owner-operator in Pythagorean Numerology is: 3
Translations for owner-operator
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"owner-operator." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/owner-operator>.
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