Trucking terms starting with O
Occupational Accident Accident coverage often used by independent contractors, not the same as workers compensation. Odometer Prompt A card terminal request for current mileage before a fuel purchase is approved. Off Duty Driver time relieved from work responsibility and not performing carrier work. On-Duty Not Driving Time when a driver is working but not driving, such as loading checks or inspections. OOS Out of service, a status that can stop a driver or vehicle from operating until an issue is corrected. Operating Authority Permission tied to the type of regulated transportation a company may perform. Operating Ratio Operating expenses divided by operating revenue, used to see how much revenue is being consumed by costs. OS&D Over, short, and damaged, a freight exception category for count or condition problems. Owner-Operator A truck driver who owns or leases the truck and runs as an independent business or under a carrier.