Name change

Red flag for a lot

 

It will be a red flag, and a change from sole proprietor to a corporation is an ownership change so you will have to redo your US DOT number and operating authority.

With all yhe recent fraud it will be tough to prove you are still you with your broker accounts.

 

I just did mine, basically just an 150 update, notify cargo insurance and change drug testing over, can’t help you in the brokered part though

 

Why not use the name you have now? Just add LLC or Inc on the end of your current company name, depending on the type of corporation you use.
That name change might flag you with brokers. Not as much as a complete name change.
When I had a growth or tax reason to change to a corporation, I went to an LLC.

Good luck.

 

Legally a corporation is a seperate entity from the owner, you. To change from sole proprietor, or even a single member LLC, is legally forming a new entity that will take ownership of your former business assets.

Since a US DOT number belongs to one person, or entity, for life, a new corporation .Y need a new DOT number, depending on how your lawyer structures the operational changes.

 

Here is some US DOT info on the subject.
https://www.fmcsa.dot.gov/faq/do-i-...nging-my-companys-legal-name-or-form-business

https://www.fmcsa.dot.gov/faq/how-d...ration-usdot-number-andor-operating-authority

 

Wrong

https://www.fmcsa.dot.gov/faq/do-i-...nging-my-companys-legal-name-or-form-business

"We will allow a sole proprietor to maintain its USDOT number when it changes its current form of business, and the new entity will continue to operate virtually the same (absent the form of business change) as before the change. There would be no change in company officials, address, or other demographic information and the new entity will maintain identical operations, employees and assets. We will permit a change in the Tax ID number based on the new articles of incorporation."