Starting A Company

Discussion in 'Trucking Industry Regulations' started by beno95, Feb 15, 2014.

  1. beno95

    beno95 Bobtail Member

    15
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    Feb 15, 2014
    Saint Louis, MO
    0
    Hello guys and gals. I'd like to start off but saying I did a search but I got no results on my questions. If there is a thread please redirect me.
    I just got my USDOT# and MC# as common carrier. I will be running for now only one owner operator with my trailers. We are located in the state of Missouri. I am planning on running him all over the United States for now. I am waiting for my insurance agency to shoot me quotes back on cargo, and I am in the process of finding a FMCSA agent for BOC-3. What I don't fully understand is IFTA, IRP, UCR and how does that work
    because I will be running a owner operator and not a company owned truck. The owner operator will be leased and I will be taking a certain percent from each load. If any one could please explain how this will work and what is needed. If there is anything extra please let me know, the more I learn the better. or if you have any suggestions.

    -Thanks
     
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  3. Freddy57

    Freddy57 Road Train Member

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    Nov 29, 2013
    Mount Vernon, MO
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    Join the OOIDA and call their business services, they will file your BOC-3 for free and help you with the rest.
     
    sevenmph Thanks this.
  4. beno95

    beno95 Bobtail Member

    15
    2
    Feb 15, 2014
    Saint Louis, MO
    0
    What about IFTA, IRP/Base Plates, UCR how does that work since I am not the owner of the truck just owner of the company.
     
  5. that65

    that65 Light Load Member

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    Jan 16, 2012
    Lincoln,Ne.
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    If your that green, get out while your still ahead.
     
    mattbnr Thanks this.
  6. beno95

    beno95 Bobtail Member

    15
    2
    Feb 15, 2014
    Saint Louis, MO
    0
    Just wanted to thank everyone that gave helpful advice /links. It is about to be a full year since our start and everything is rolling smooth *knock on wood*. I am in the process of looking for a third truck. To anyone that would like to start all i can recommend is research, research, ask.
     
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