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An owner-operator is a small business owner who typically also runs the day-to-day operations of the company. Owner-operators are found in many business models and franchising companies in many different industries like restaurant chains, health care, logistics, maintenance, repair, and operations. In the United States and Canada, the term typically refers to independent contractors who hire out and drive their own semi-trailer trucks.
In trucking, it is a self-employed commercial truck driver or a small business that operates trucks for transporting goods over highways for its customers. Most owner-operators become drivers for trucking companies first in order to gain experience and determine the career is for them.
The Motor Carrier Act of 1980 deregulated the industry and made it easier for manufacturers to set their own prices on shipping goods, and also allowed owner-operators to be more successful by taking some of the control out of the hands of the larger motor carriers. It was now possible to find a carrier willing to haul goods for what customers wanted to pay, rather than what the larger carriers' rates were.