Bought a truck and a Tax ID, now what?

I'm not an o/o but you will need all the insurance and permits as if you were going out on your own. Basically your are going to lease on with your friend. Like I said I'm new so there might be ways around this so you can run under his insurance and company name.

 

When I first started under my own authority I too was worried if brokers would tell me to get lost because of how new I was, that wasn't the case though, as long as I had insurance in line, they had no problem letting me take a load from them, I'd say only 2 out of 10 brokers said I couldn't haul for them because my DOT number was too new, I figured establishing relationships as soon as I was good to go would be best and it was, one time I called a broker that had a very very great paying load going from Chicago to Ohio, she was worried about how new my DOT number and my business was but I gave her references to other brokers I've hauled for so she ended up giving me the load, needless to say, after that my phone was ringing off the hook from her wanting me to haul more loads for her, be respectful, always call them everyday to let them know your progress, and if you like a particular route, let them know that you would be very interested if they have any more loads going the same route, good luck in your new adventure and keep us posted!!

 

I just started as a new owner operator and only a couple wanted to see my mc number mature. Most are happy to have you. From the phone call to being setup with a broker for the first time takes usually 45 mins to 2 hours.
They will want you to name them on certificate of insurance, see your w9 and fill out 5-20 pages of their carrier packet. Once you are on with them, then you're good to go.

It helps to have someone at home sending all the faxes back and forth with carrier setup, but I do my own calling and negotiating rates.

 

You need to decide whether or not you want to lease on with him or run under your own numbers. Very few brokers turned me away on my first year with my authority. You will be paying a good chunk of money for your primary liability and cargo insurance to maintain an active MC number just to let it mature