starting trucking Company 100% owner operator

Discussion in 'Ask An Owner Operator' started by BigCS, Oct 4, 2014.

  1. BigCS

    BigCS Bobtail Member

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    Oct 3, 2014
    Hammond Louisiana
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    I own a new trucking Company and I would like to go 100% owner operator. My question is do I need a MC# ? What type of insurance should I carry ?
     
    Chinatown Thanks this.
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  3. Jerry12

    Jerry12 Heavy Load Member

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    Sep 9, 2014
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    First, you are not a Trucking Company. next, read thru the fmcsa website, they break it down
     
    Cetane+ Thanks this.
  4. DocHoof

    DocHoof Light Load Member

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    Sep 2, 2014
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    You must be a glutton for punishment...Being prepared for your bank account to hemorrhage money is the first step.
    First things first.
    Driver qualification file. Internet search for "Truck driver qualification file." Make certain it is 100% correct.
    Pre employment drug screening and enrollment into a drug testing consortium. OOIDA has a full compliance package you can purchase to cover compliance issues. Quite honestly, the myriad of paperwork that has to be 100% correct or you lose, I recommend going through a 1-stop shop for all your authority and compliance needs. I see this as one of the biggest reasons new trucking companies fail. They miss the littlest thing and the New Entrant mandatory 30-90 day audit gets a fail and your DOT#, MCC authority gets revoked and you have to wait 30 days to reapply.
    There are a whole host of places that will take care of it all. I chose www.truckersbookkeepingservice.com for EVERYTHING. Insurance, BOC-3, MCC & DOT #'s, KY #, NM permit, Oregon permit, NY HUT, IFTA setup, IRP, NV registration (home based state), UCR registration and their start up compliance package. All said and done, they got around $1,200 of my money minus the insurance, but I have the peace of mind in knowing everything I need is done correctly and that unless I have an anal cranial inversion between now and my DOT New Entrant Program audit, all my ducks are in a row and I will pass.
     
  5. BigCS

    BigCS Bobtail Member

    3
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    Oct 3, 2014
    Hammond Louisiana
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  6. Chinatown

    Chinatown Road Train Member

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    Henderson, NV & Orient
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    Check the OOIDA website; the answers to your questions are there.
     
    BigCS Thanks this.
  7. freightwipper

    freightwipper Road Train Member

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    I hope you knew the answer to those questions before going out to buy a truck....
     
  8. Old Man

    Old Man Road Train Member

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    Oklahoma City, OK
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    Sounds good, why should I lease my truck to you?
     
  9. exhausted379

    exhausted379 Road Train Member

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    I'm really not understanding what this guy is after. To want to start an o/o company and not knowing he needs an MC# kind of makes me think maybe he wants to run his own authority with his truck. But that's just a guess.
     
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  10. Old Man

    Old Man Road Train Member

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    Oklahoma City, OK
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    Doesn't say "start" says "owns". as in already has but doesn't know if he needs MC number?
     
  11. Mara

    Mara Light Load Member

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    Jan 31, 2014
    Franklin, WI
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    You need an mc#, dot# boc-3 and to file a highway heavy tax depending on how many trucks you have.

    I opened my company just over 6 months now. I used Ivan from Turnkey authority..he was great and handled e everything.

    Keep in mind that it could take up to 21 days to become active authority. If you pay your cargo insurance immediately and it shows on file, that will definitely expedite the process!

    Let me know if you have anymore questions, I would be happy to help!
     
    Tim_1326 and Ukumfe Thank this.
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