getting your authority

Discussion in 'Ask An Owner Operator' started by smokedog, Aug 15, 2011.

  1. smokedog

    smokedog Bobtail Member

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    Aug 15, 2011
    covington, ga
    0
    what is the pros & con of having your own authority
     
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  3. Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

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    12,468
    May 28, 2009
    Rancho Mirage, Ca.
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    You're your own trucking co. with authority. So you find your freight, do the billing, deal with the Feds, get loans if needed, deal with maintainence etc. If you're leased to a company, THEY do the above mentioned, (for a %).
     
  4. BigJohn54

    BigJohn54 Gone, but NEVER forgotten

    1,972
    1,599
    May 13, 2011
    SW Missouri
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    With your authority comes increased risk, compliance responsibilities, more work and increased earning potential.

    My simplest explanation goes like this. As a driver you take on driver responsibilities. As a lease operator you take on owner responsibilities. And as carrier (authority) you take on business responsibilities.

    This doesn't mean you don't need to be a good businessman/woman to be a lease operator, it just means you will wear many more hats with your authority.

    If you want to learn about this read these threads:

    http://www.thetruckersreport.com/truckingindustryforum/ask-an-owner-operator/146942-how-to-become-an-owner-operator.html

    http://www.thetruckersreport.com/truckingindustryforum/ask-an-owner-operator/147854-what-would-experienced-o-o-buy.html

    http://www.thetruckersreport.com/truckingindustryforum/ask-an-owner-operator/125507-what-estimated-operating-costs-o-o.html

    http://www.thetruckersreport.com/truckingindustryforum/ask-an-owner-operator/148340-keeping-track-o-o-operating-costs.html

    http://www.thetruckersreport.com/truckingindustryforum/ask-an-owner-operator/134211-no-experience-but-getting-authority.html



    http://www.thetruckersreport.com/truckingindustryforum/ask-an-owner-operator/64679-my-numbers-o-o-leased-crete.html

    Then read all the docked threads in the "Ask An Owner Operator" section.
     
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