How do my numbers look for car hauling? What am i missing or inaccurate on?

Lite bug · Jan 16, 2019

The3SomeTrailer said: ↑

Wow. You are truly a wealth of knowledge. I appreciate it. I am going to start all of my paperwork now because that seems to be the only slow part of the process really. Be prepared though my new friend, I anticipate many more unforeseen questions.

I owe you one.
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Here is a idea. Thank his post.

The3SomeTrailer · Jan 16, 2019

Lite bug said: ↑

Here is a idea. Thank his post.
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Sorry, like I said, I am new.....didn't knwo that was a "thing"

Lite bug · Jan 17, 2019

The3SomeTrailer said: ↑

Sorry, like I said, I am new.....didn't knwo that was a "thing"
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This is how I see it. Somebody gives you good intel, other people can gauge their information as credible by the number of thanks they have received. The information he gave was incredible, I myself read your post and not being a car guy decided not to respond. Figuring someone having expertise in that field has a better understanding to respond. Welcome to the forum. Keep reading.

highwayMike · Jan 17, 2019

brian991219 said: ↑

Happy to help. Because of this board's rules against soliciting my direct messages are disabled. So I will do my best to answer your questions in the thread.

1) You are correct, at those weights you skate just under CDL in every state except California. For CA based operators they look at justbthe weight of the trailer.

You didn't ask, but those weights also get you just under apportioned plates (IRP) and fuel tax decals (IFTA). All other requirements such as medical card, DOT/MC numbers and entering weigh stations still apply. You will not need a drug testing consortium since you will be under cdl, although I highly suggest you sign up for a non-DOT drug and alcohol program as a cover your arse in the event of a crash. Lawyers love to attack those that skirt the cdl program as a lesser qualified company.

2) Yes, you need to update you address from FL to GA before shopping for insurance. I can't tell you what to expect for insurance rates as they are truly all over the place. Shop around, sometimes two different brokers will return wildly different quotes using the same underwriter. Expect to have Progressive for the first year, they seem to be the only ones currently writting new enterants with pickup trucks. My clients see premiums starting at $12k up to $20+ depending on their financial and driving history.

Another question you didn't ask but I will address. You have been a broker per above, so obviously you have broker authority.

You say you have a DOT number you didn't use from 6 years ago, this will need to be updated and reactivated. You will also need motor carrier authority to operate your truck if any of the short haul work you are doing fits the definition of interstate commerce.

Keep in mind that it is the INTENT of the shipment that matters not if the truck actually crosses a state line. They look at origin, destination and intent. This means cars from the port are always interstate commerce even if they only go a few miles up the road. Same applies if you are using the teuck to gather up vehicles and store them until bigger loads are built and hauled away by other carriers.

When updating your carrier address you will have to file an updated OP-1 if you already have MC authority and pay an $80 fee. If you don't already have motor carrier authority, just broker, you will need to apply for MC and pay a $300 fee. This will also subject you to the new enterant program and start the clock for a mandatory compliance review once you are operating.

One more piece of unsolicited advice, you should get the insurance quotes before you commit to the truck and trailer in case the rates are higher than you think. Domicile zip code, commodity (new/used/salvage) and years of experience all play signifigant roles in premium calculation. It may be cheaper in the long run to keep brokering the work to established carriers.
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I’m new here and this information is golden...

Hauler545 · Jan 18, 2019

1 dollar is a bit high. Regional runs are about 60-80 cents, but depends on the market and season. Buy new equipment to not have repairs. and save money to upgrade to a big truck as quick as possible. 20k insurance starting out is more realistic on clean license first 2 years. And be prepared for roadside inspections, you will have plenty. Overall, you should do fine,but that truck has to move every day. .can't afford to sit still

The3SomeTrailer · Jan 19, 2019

Lite bug said: ↑

This is how I see it. Somebody gives you good intel, other people can gauge their information as credible by the number of thanks they have received. The information he gave was incredible, I myself read your post and not being a car guy decided not to respond. Figuring someone having expertise in that field has a better understanding to respond. Welcome to the forum. Keep reading.
Click to expand...

Yeah Yeah...again, i am new to the site and was "completely unaware" there was a "thank you" button, let alone that people appreciate it and it counts towards your "score"....it took me 3 years to "like" my first post on Facebook....Im not an "online guy".

Lite bug · Jan 19, 2019

The3SomeTrailer said: ↑

Yeah Yeah...again, i am new to the site and was "completely unaware" there was a "thank you" button, let alone that people appreciate it and it counts towards your "score"....it took me 3 years to "like" my first post on Facebook....Im not an "online guy".
Click to expand...

Me neither, I don’t even have Facebook. Just trying to help.

Ziggy319 · Jan 20, 2019

brian991219 said: ↑

Happy to help. Because of this board's rules against soliciting my direct messages are disabled. So I will do my best to answer your questions in the thread.

1) You are correct, at those weights you skate just under CDL in every state except California. For CA based operators they look at justbthe weight of the trailer.

You didn't ask, but those weights also get you just under apportioned plates (IRP) and fuel tax decals (IFTA). All other requirements such as medical card, DOT/MC numbers and entering weigh stations still apply. You will not need a drug testing consortium since you will be under cdl, although I highly suggest you sign up for a non-DOT drug and alcohol program as a cover your arse in the event of a crash. Lawyers love to attack those that skirt the cdl program as a lesser qualified company.

2) Yes, you need to update you address from FL to GA before shopping for insurance. I can't tell you what to expect for insurance rates as they are truly all over the place. Shop around, sometimes two different brokers will return wildly different quotes using the same underwriter. Expect to have Progressive for the first year, they seem to be the only ones currently writting new enterants with pickup trucks. My clients see premiums starting at $12k up to $20+ depending on their financial and driving history.

Another question you didn't ask but I will address. You have been a broker per above, so obviously you have broker authority.

You say you have a DOT number you didn't use from 6 years ago, this will need to be updated and reactivated. You will also need motor carrier authority to operate your truck if any of the short haul work you are doing fits the definition of interstate commerce.

Keep in mind that it is the INTENT of the shipment that matters not if the truck actually crosses a state line. They look at origin, destination and intent. This means cars from the port are always interstate commerce even if they only go a few miles up the road. Same applies if you are using the teuck to gather up vehicles and store them until bigger loads are built and hauled away by other carriers.

When updating your carrier address you will have to file an updated OP-1 if you already have MC authority and pay an $80 fee. If you don't already have motor carrier authority, just broker, you will need to apply for MC and pay a $300 fee. This will also subject you to the new enterant program and start the clock for a mandatory compliance review once you are operating.

One more piece of unsolicited advice, you should get the insurance quotes before you commit to the truck and trailer in case the rates are higher than you think. Domicile zip code, commodity (new/used/salvage) and years of experience all play signifigant roles in premium calculation. It may be cheaper in the long run to keep brokering the work to established carriers.
Click to expand...

Are you not allowed to say what your business does?? Your services have helped me greatly.

brian991219 · Jan 20, 2019

Ziggy319 said: ↑

Are you not allowed to say what your business does?? Your services have helped me greatly.
Click to expand...

Correct.

Ziggy319 · Jan 20, 2019

brian991219 said: ↑

Correct.
Click to expand...

That’s redicous

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