New to this topic... What does being a partner carrier mean?

Discussion in 'Ask An Owner Operator' started by rookietrucking88, Aug 4, 2021.

  1. rookietrucking88

    rookietrucking88 Bobtail Member

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    Aug 4, 2021
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    First off, I apologize if I'm posting this in an incorrect forum--as you will see, I'm not the most knowledgeable on "all things trucking." I would appreciate if anybody would be able to provide me clarity onto what a partner carrier relationship entails? From what I've read so far, an O/O--also a power only driver if I'm not mistaken--essentially works with or for a larger carrier to transport a shipment using another carrier/shippers trailer. With this partner carrier relationship, are O/Os literally leasing their vehicles and services to the larger carrier? Or are O/Os receiving a percentage of the haul? Or maybe both? Do these vary from relationship to relationship? Are O/Os allowed to do independent work and/or work with other carriers while being signed on with a certain carrier?

    Basically to sum it all up, what does a typical partner carrier relationship look like--insurance/financially, liability, etc.

    Any help is appreciated! Thank you!
     
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  3. RedForeman

    RedForeman Momentum Conservationist

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    It's basically a lease that isn't a lease. A tiny carrier like you signs an exclusive agreement. That is, you agree to only haul their freight. They agree to make it work with volume to keep you busy and an above average rate to guarantee the capacity you offer. You're still a carrier, and continue to enjoy all the additional costs and overhead that comes with that. In 10 years I've never seen an offer that is profitable enough to bother with.

    I did explore one maybe 7-8 years ago and it was a bust. The claimed rates and volume were never there. Ended up just invoicing the three mediocre loads I hauled with them and moved on. Coincidentally, I learned that company went TU about 6 months later. I wasn't exactly shocked. Fortunately I'd collected already so no harm done.
     
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