Opportunities

Insurance

WORKERS' COMPENSATION: Workers' Compensation provides protection for work related injuries. TCS requires that all owner operators provide workers' compensation insurance for themselves and anyone else they hire. Coverage is available through a TCS program at a cost of 3 cents per dispatch authorized mile. If an owner operator elects to obtain coverage through an outside agent, it must meet standard requirements established by TCS.

Reserve Fund

The Reserve Fund is similar to a security deposit and is used to offset any possible debits the owner operator has incurred at the time of termination. The contractual requirement is $3000.00 with a minimum weekly commission statement deduction of $50.00. Interest is paid quarterly on this fund based on an interest rate equal to the U.S. Treasury Bill rate. TCS will provide an accounting of the Reserve Fund.