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Selling Company with Authority

Discussion in 'Trucker Forum Classifieds & Trading Post' started by Rsquaredtruckinginc, Aug 28, 2019.

  1. Aug 28, 2019 #1
    Rsquaredtruckinginc

    Rsquaredtruckinginc Bobtail Member

    5
    0
    Aug 8, 2018
    0
    As title states I'm looking to sell my S Corp. Active authority since 10/2017
    2012 Freightliner Cascadia DD15 sleeper with complete overhaul (reman engine 4/2019 directly from Freightliner with 2 year warranty from Freightliner) 10k miles on engine 521k on cluster
    2013 Peterbilt 386 sleeper cummins isx15 with 581k miles
    2007 , 2005 and 2004 utility dry Vans

    Call/text 2012909008 for more info. Serious buyers only.
     
    Rsquaredtruckinginc, Aug 28, 2019
    Rsquaredtruckinginc, Aug 28, 2019
    #1
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  3. Aug 28, 2019 #2
    Stubby T Slapnutt

    Stubby T Slapnutt Light Load Member

    169
    134
    Jul 20, 2012
    0
    I’m not sure the authority is transferable. Asset of Corp yes
     
    Stubby T Slapnutt, Aug 28, 2019
    Stubby T Slapnutt, Aug 28, 2019
    #2
  4. Aug 28, 2019 #4
    Rsquaredtruckinginc

    Rsquaredtruckinginc Bobtail Member

    5
    0
    Aug 8, 2018
    0
    As per FMCSA MC is transferable not DOT. Company MC is listed with 100+ brokers.
     
    Rsquaredtruckinginc, Aug 28, 2019
    Rsquaredtruckinginc, Aug 28, 2019
    #4
  6. Aug 28, 2019 #5
    Rsquaredtruckinginc

    Rsquaredtruckinginc Bobtail Member

    5
    0
    Aug 8, 2018
    0
    Click link to FMCSA for your review >> Are USDOT numbers transferable? <<
     
    Rsquaredtruckinginc, Aug 28, 2019
    Rsquaredtruckinginc, Aug 28, 2019
    #5
  7. Sep 5, 2019 #6
    crewman767

    crewman767 Bobtail Member

    14
    3
    Aug 10, 2018
    0
    Trucking companies are bought and sold every day, if it’s a corporation the DOT number and the MC number stays with the corporation. If the numbers are attached to an individual it is not transferable.
     
    crewman767, Sep 5, 2019
    crewman767, Sep 5, 2019
    #6
    LoneRanger Thanks this.
  8. Sep 5, 2019 #6
    Rsquaredtruckinginc

    Rsquaredtruckinginc Bobtail Member

    5
    0
    Aug 8, 2018
    0
    Business name change is very attainable with FMCSA.
     
    Rsquaredtruckinginc, Sep 5, 2019
    Rsquaredtruckinginc, Sep 5, 2019
    #6
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