For many truckers, the word “self-reliance” conjures up images of liberation and self-reliance. Being your own boss and being able to set your own hours are two of the most captivating reasons to become a self-employed trucker. It will also be your responsibility. Keeping a good work-life balance is essential for truck drivers, who are the backbone of any transportation company’s operations. Truck drivers who work on their own must have a commercial driver’s license (CDL). There are a few things to consider.

Self-employed trucker: What it means

Owner-operators and lease contractors have some things in common with independent truckers, but the two professions have significant differences. Instead of a lease, you’ll buy or lease a car from a private individual or company. You will not be operating under your own DOT authority, unlike an owner-operator. A freight carrier will handle all of the paperwork for you, including fuel taxes, permits, and load insurance.


An owner-operator or DOT-authorized trucking company may hire you as an independent truck driver. The majority of the time, you’ll have complete control over the tasks you’re given and the time you spend working. As the owner of a small business, you’ll be responsible for everything.

Checklist of things for aspiring independent truck drivers

Working as an independent trucker has distinct advantages and disadvantages over any other position in the industry, including those of company employees, lease contractors, and owner-operators. You should keep these things in mind when making a decision.


Some of the perks of working as a truck driver for yourself include:


  • Freedom. There’s no red tape to deal with, and no one but yourself to answer to when you’re an independent contractor.
  • A piece of kit that you already own at home. You have complete control over the truck your employer provides you with. If you want something bad enough, you have to be prepared to spend a little more money to get it.
  • Vacation. Vacation policies for company drivers must be adhered to. You have complete control over your work schedule as an independent contractor.
  • Opportunities to make money.. Truckers who work for themselves rather than for an employer have the potential to make significantly more money.


There is, of course, no such thing as a perfect life, so why bother? Go into business on your own and make sure you can handle the responsibilities that come with it. Some examples are as follows:


In contrast to an owner-operator, an independent trucker is typically employed by a contract company. Using your own power would make it even easier to locate available loads.


This is your responsibility since you’re an independent contractor. Insurance for trucks, health care, and even a business are all options. Inquire about load insurance coverage with the carrier.


Since you’re not a corporation, you’ll be able to write off some of your business expenses against your taxable income. Keep meticulous records and receipts for tax deductions if you want to avoid this complication. All applicable federal, state and local laws must be complied with, including maintaining accurate logs of your travel and working hours.

Steady Income

They are less well-served because independent truckers are not guaranteed weekly wages. Any economic downturns will require an expert at finding ways to reduce expenses and save money as well as managing your finances.


It is not possible for independent truckers to receive financial assistance from the company with which they have a contract. Make sure you have enough money on hand to cover any costs not covered by your contracted carrier and any payment delays that may occur.


A per-job basis is the most common way in which owner-operators and trucking companies hire independent truck drivers On the other hand, it is entirely up to you to find and select contracts. You can find contracts in a variety of places, like:

Loading broker

A loan broker acts as a go-between, bringing together drivers and potential customers. Because these companies charge fees, you need to factor them into your pricing and budgets. Before you can close a deal, you’ll need to be able to do a number of things.


When local trucking companies are swamped with work and their drivers are unable to handle it, overflow loads can be taken.


To be an independent trucker, you’ll have to deal with paperwork and money worries on a regular basis. If you don’t keep accurate records, you can’t claim a tax deduction. It’s much easier to get paid for your work if you negotiate contracts and have everything in writing. As a result of poor money management, you may find yourself unable to keep up with all of your financial obligations.