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How To Choose The Best Owner Operator Companies

When there’s a need for a trucking company, you need to know how to choose the best owner operator companies that would provide the kind of service that you need.

Most owner operator companies have been operating for many years and they usually come recommended by others who have used their service. However, if you’re looking to know how to choose the best owner operator companies, the Status Transportation reviews by other customers may be a great help. So here, we provide you with 3 tips on how to make sure you make the right informed choice.

Experiences and Tenure

For many owner operators, being in the business for more than 18 years is common. Experience of the owner operators and their employee drivers usually range between 11 – 25 years. Between them, they’ve recorded at least 100,000 miles of driving mileage. Other than that, for the drivers, it’s not uncommon for them to be with the current company for more than 8 years. These factors are important, based on the Status Transportation reviews because they indicate stability, credibility, and reliability of the owner operator companies. You can find this information directly from the owner operators themselves, or you can ask around when you’re looking for recommendations about which company would be the most suitable for you. You just need to keep a watch on when owner operators needed by them.

Financial Stability

Although you won’t get the exact number from most owner operators, it’s good to know the basic or at least what you could expect when you want to choose the best company around. For most owner operator companies, their trucks are all paid off or at least 65% of them have paid of their truck. The annual net remuneration is usually around $50,000 and most of them invested in Freightliner and/or Peterbilt trucks. Based on this, you’re able to have a picture how serious and reliable is an owner operator company in conducting their business.

Relationships

Most owner operators maintain a good long-term relationship with their carrier and customers. Serious and reliable owner operators understand the market and the importance of maintaining a good relationship. Not only it’s an important aspect to build trustworthiness, but also because it’s a smart thing to do in terms of maintenance, income expectations, rates, and cost. Owner operators that change between one carrier to another carrier will usually be out of business in less than 6 months and they may have to start all over again. You want hire an owner operator company that is professional, reasonable, and reliable.

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