O/O requirements to get loads off load board?

save money you can do all the filing yourself it takes work phone calls and orginization I did it all myself. most important you will need liability ins before DOT will activate your authority. I dont know where you live but in CA I had to put a down payment of 2200for my commercial INS. Be prepare to spend at least 3500 for everything. some states requires you to file gor that state DOT#i.e. CA needs a CA#, TX, OR ect.... there is more but I NEED TO HIT get some sleep. got long night ahead. email me if need more info on self help filing.

 

There are two components to it.

You, as a driver, have your own score that is only accessible to a carrier that you have applied to work for. That score is known as your PSP score, and is based on violations that were assessed to you during roadside inspections over the last 3 years.

Your carrier (or you if you have your own authority) will have a SAFER score, which is also based on violations that you or any of your drivers were assessed during roadside inspections over the last _2_ years.

The carrier score is publicly available, while the PSP score is not.

 

If I may suggest get with a company that has money behind the loads and not off the truck stop boards, find a company that pays fast and will not screw you over.

There are some good companies that if you are new you still run under all your authority and with your own trailer, they pay better and the reward is fast pay and easy functions of load finding.

Stay away from the 30 day pays or other nonsense.

 

What company do you run under your own authority for ?

 

CH Robinson and Landstar, Robinson pays fast but the brokers at Landstar are the heel draggers.

If you do your docs correct Robinson will have your pay in 72 hours or less direct deposit, but you have to have a T number and cleared just like any other so it is no big deal.

 

30 days until pay or "Net 30" is an accounting issue. If you are operating under your own authority and you haul a load the payment on that load might be Net 30. In other words you will be paid 30 days after you haul the load. So in accounting terms the bill would be and account receivable. Usually companies will take the full 30 days to pay because they can hold onto their money longer and earn interest. You will see Net 30, Net 45 even Net 60. All that means is how long until you get your money.

Sometimes a discount will be offered for early payment so if they pay in 10 days they get a 3% discount for example. In trucking you have factoring companies that pay you fast and keep a percentage off the top. So they wait the 30 days for payment and you get a little less for not having to wait.