Well I guess I'm in for a little more sittin'.....

Discussion in 'Ask An Owner Operator' started by MilkMan, Sep 4, 2008.

  1. MilkMan

    MilkMan Bullshipper

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    Well, I finally got 95% of all my paperwork filed and in play to get my own MC Authority. Thinking that through internet all things are faster, I figured I'd be able to go foward and make some money soon, but at this minute, it turns out there's a waiting/objection period or something to get your MC# approved after you get your docs in. I must've missed that part in the filing process, so now, I'm sitting still, making nothing, and need to.......

    It's gonna be a loooong ten days. If one of y'all need some help for ten days or so, send p.m. I have ten days to kill and want to work.
     
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  3. 550hpW900L

    550hpW900L Road Train Member

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    You should be approved within days, you will have to have insurance on file with the gooberment before they actually release your final authority letter, but thats just a matter of your agent faxing some paper work over to them.

    Oh prepare for a cavity search by the DOT within the first few months of you operating, they do a audit on all new MC #'s within the first few months now, they been doing that for about 6 years now.
     
  4. bullhaulerswife

    bullhaulerswife Forum Leader/Admin Staff Member Administrator

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    Yup, they sent our letter out shortly after we got the MC#. Requesting that we call and set up the audit. Then its a waiting game, as to when they actually call and do the audit.
     
  5. Donk

    Donk Have a Cup Of Concrete

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    Whats needed and what are the costs for the authority?

    Im going to do a cost comparison to here for my own interest.
     
  6. 550hpW900L

    550hpW900L Road Train Member

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    I couldnt tell ya now, but when i filled for ours when i was a kid 10 years ago, lol, it was $50. I *think* its $300 now. Then you have your IFTA, which is just a fuel tax sticker, its free in MI just have to file your quaterly returns ofcourse. UCR is a new thing that started 2 years ago, i believe i paid $130 for 2 trucks and 2 trailers? Oh and the new mexico permit was $12 for 2 trucks. Thats what i need for the year in permits alone.

    Then you have insurance, which depending on truck and age etc, but i pay $6800 a year for that.
     
    Donk Thanks this.
  7. walleye

    walleye Road Train Member

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    I had my authority for a little over a year, the dot called when I got started to let me know they would come to do a audit....BUT....they never did call back to audit me?????.... I didn't call em' back to beg them to come audit me as I didn't want them to think I was a whiner!!!!!!!!!LOL..LOL..LOL..
     
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  8. MilkMan

    MilkMan Bullshipper

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    LMAO. Now that sounds like a plan I could go for.
     
  9. MilkMan

    MilkMan Bullshipper

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    Authority Filing: 300
    BIPD Insurance: 7500
    Cargo Insurance: 975
    BOC-3 Filing: 35
    IRS Fuel Tax: 550
    Base Plates: 800
    Then is IRC, IFTA, UCR and a couple more.

    Opportunity Cost having to ride out the waiting period, so some goobermental bureaucrat can drink coffee and tell you to sit home and do nothing until the period is over?......... not exactly Priceless. :biggrin_25523:
     
  10. 550hpW900L

    550hpW900L Road Train Member

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    Where did you get a IRP tag for only $800? Unless you only plan to run in state..... OK use to do this and give out cheap tags thats why everybody had an "office" in OK. But since the great state of IL sued them they had to quit and bring their prices up to what everyone else charges......... Looking at $1800-2400 depending on states and home state.

    The 2290 $550 is not a fuel tax, its a heavy highway use tax. IFTA is fuel tax and that has to be done quaterly.
     
    Baack Thanks this.
  11. Les2

    Les2 Road Train Member

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    Dumb question but do you have your own freight or you just going to broker stuff from other companies?
     
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