Signing Owner Op To My Company

Discussion in 'Ask An Owner Operator' started by Trucking1414, Nov 25, 2024.

  1. Deere hunter

    Deere hunter Road Train Member

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    You are correct!
     
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  3. jamespmack

    jamespmack Road Train Member

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    Unless your specializing in e

    Wrong. I posted the link. Brokering freight with out authority is a civil infraction with penalty no more than $10,000. Read the link I posted. Even more rules for HHG.

    Except if your brokering exempted goods. Then no authority needed in situations.
     
    Iamoverit Thanks this.
  4. bad-luck

    bad-luck Road Train Member

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    I guess it is possible, but it would be idiotic to pay insurance under ones authority, then pay Insurance under the leased carrier as well. Also not a good idea to have two dot numbers on the truck.
     
  5. Iamoverit

    Iamoverit Road Train Member

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    Why would the leasee pay for the carrier's insurance?
     
  6. Ridgeline

    Ridgeline Road Train Member

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    It isn't brokering freight unless it is done for hire.

    If he - the OP - contracts with another carrier to take care of loads from a customer that he is contracted with and can not fulfill the needs of the customer, then it is not by any means brokering.

    I have a specific list of carriers who we use for contracted freight when we can not cover all their work, they are contracted with us to take the loads and the customer knows this. I am not a broker, I don't make anything other than direct costs and I handle the billing because it is my load because of the contract.

    If I solicited loads from other sources with the sole purpose of making a profit, this is brokering. This is where I need to register with the FMCSA and be bonded. If I went and advertised as a broker, or setup an account as a broker for hire, then I need to go down the FMCSA registering.

    But as I said in my post, if it is between two carriers, then it is alright but it has to be a contractual agreement, not a solicited agreement.

    The other thing is insurance which this eliminates the problem, the OP contracting with another carrier, the second carrier carries the load insurance, not the OP.
     
  7. Iamoverit

    Iamoverit Road Train Member

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    Just because you're doing it doesn't mean it's legal. The carriers are being paid for their services by you from payment you're receiving from your customer. You are profiting from the entire process. You need a broker MC.
     
  8. wichris

    wichris Road Train Member

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    Brokering(without broker authority) excess contract freight went away with MAP-21
     
  9. bad-luck

    bad-luck Road Train Member

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    If you lease your truck on to someone they are not going to pay your insurance for you.
     
  10. Iamoverit

    Iamoverit Road Train Member

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    Did that take Interlining away as well?
     
  11. Iamoverit

    Iamoverit Road Train Member

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    GL should be paid with the percentage they're taking unless you're talking about NTL.
     
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