Knowing where you’re going is essential in the transportation industry. Drivers and logistics managers understand how crucial it is to have a route planned out before getting behind the wheel. The same is true for drivers who are planning their career paths and trying to decide whether to be an owner-operator or join a fleet. Each option has its own unique advantages and disadvantages. There’s no right or wrong answer, only what best suits the individual’s preferences and career goals.
For example, if you enjoy the freedom to set your own schedule, being an owner-operator gives you the latitude to accept jobs that fit your preferred timetable. However, that freedom comes with a great deal of responsibility. You also will need to maintain and repair your equipment as well as handle all the bookkeeping and administrative tasks.
It’s always a good idea to know where you want to go before setting out on any journey. If you’re weighing your options as a driver, take a look at the accompanying infographic. It contains some of the key differences between being an independent operator and driving for a fleet. It can provide you with a roadmap to help you make the decision that is right for you.
Graphic created by InstaPay Flexible
Charisse Castagnoli
Charisse Castagnoli is General Manager and General Counsel for InstaPay, a freight factoring service for brokers and trucking carriers. Educated at the University of California, Berkeley and the University of Texas at Austin, Castagnoli brings 34 years of experience in technology and 24 years in information security to the company. Previously, she served as VP of Security at Trucker Path before the startup was acquired and InstaPay emerged as its own entity. InstaPay continues to grow in size under her leadership.