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A New ICOA - More Opportunity for Owner Operators
Updated: Aug 17
We’re excited to announce the launch of Knight’s new 2026 Independent Contractor Operating Agreement (ICOA) - designed to give Owner Operators more opportunity to increase their earnings while continuing to provide valuable fuel savings and rate protections.
What’s New?
The new ICOA introduces three key opportunities:
📈 Market Dynamic Pay
Your base rate has the opportunity to increase when Knight’s Owner Operator Revenue Per Loaded Mile increases. And importantly, your rate will never go below today’s current ICOA rates.
💵 Fuel Incentive Program
Owner Operators who meet the monthly fuel participation requirements can earn a 5¢ per loaded mile rebate.
⛽ Bigger Fuel Discounts
Using the Knight Fuel Card at participating fuel networks can provide 30¢ off per gallon.
Current Owner Operators: Watch for Your Letter
If you are a current Owner Operator, you will receive a letter in the mail regarding your current ICOA, including important information about the changes and your options.
Be sure to review the information carefully and watch for additional communication from Knight.
Have Questions? Join Us Live!
We’ll be hosting a special Owner Operator Live Stream to walk through the new ICOA, explain the changes and answer your questions.
📅 Monday, August 17
⏰ 10:00 a.m.
📍 Knight Transportation Facebook (https://www.facebook.com/events/1344599804322297) & YouTube (https://www.youtube.com/watch?v=Ct17byKW9Ec)
Whether you’re a current Owner Operator or are considering becoming an Owner Operator with Knight, this is a great opportunity to learn more about the new ICOA and what it could mean for you.
Watch. Learn. Ask Questions. Discover the opportunities available with Knight’s new ICOA.
Ready to Learn More?
Check out the infographic for a quick look at the new ICOA and its benefits.
Knight has just become one of the worst companies to lease on with! The price of freight is going up & knight just implemented a new 2026 ICOA that initially starts with a pay decrease! The new fuel savings will require you to work harder, loan knight money all month long only so they can make money of you purchasing fuel. 30 cents savings. You can get fuel way less expensive almost anywhere else! 5 cent rebate! That is them offering you the 5 cents they just took off the fuel surcharge. Market dynamic pay…according to their video 70% of their o/o are on west coast fuel protection. Based on their incorrect example that will require approximately 13.5% increase just…
I Agree 100%with him ive been an independent operater for knight for 17 years and its only getting worsr its becoming swift
Comical, your example for market dynamic pay on a 2,000 mile load leads me to believe we have a new base rate. That is wonderful news! I was not aware our base rate was $1.283 for a load over 550 miles. Please advise if this is correct? Or just a horrible example?
Thanks
Honestly, it’s not worth it. Everything you do. You’re being threatened with the contract. Can’t do nothing to your truck to make it look better because of a contract! rates do not increase and have not increased in many years, We get very minimal help with fuel surcharge honestly to be very real. I make the same amount of money I make as a company driver, if not less sometimes. This is only a way for Knight transportation to continue to micromanage and be in control of a driver. If y’all wanted to help us you could, but you don’t want to, instead you’re trying to implement more rules for us to follow your guidelines to remain c…