Hello. I am working for a trucking company that is looking to launch an OTR fleet. They currently have local O/O that work on their local accounts but have tasked me with launching the OTR fleet. Company also has a brokerage division (where I came from) and work closely with many of the top expeditors in the industry. I have a few questions on the OTR expediting industry.
1). Can O/O lease on to multiple carriers at the same time?
2). If so, where do most carriers post openings?
3). If so, how do most carriers handle the Insurance requirements and deductions? If a driver leases on but only hauls a load under my authority every now and then, how is it profitable for them to be paying multiple carriers insurance deductions? Or does each O/O have their own Insurance and list my company as Additional Insured?
Thank you in advance.
1). Can O/O lease on to multiple carriers at the same time?
2). If so, where do most carriers post openings?
3). If so, how do most carriers handle the Insurance requirements and deductions? If a driver leases on but only hauls a load under my authority every now and then, how is it profitable for them to be paying multiple carriers insurance deductions? Or does each O/O have their own Insurance and list my company as Additional Insured?
Thank you in advance.
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