ok partner finally bought 2nd truck

Discussion in 'Ask An Owner Operator' started by peabody747, Aug 12, 2022.

  1. peabody747

    peabody747 Light Load Member

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    Ok so my bud, partner has his own authority up and running, bought a 2nd truck and gonna let me drive it. We have the funds for everything but getting stuck on insurance issues.

    So how does it work if we lease the truck onto a company? I'm obviously his employee but does he lease the truck on then I'm driving for him?
    So would I need to do company application or just him etc thanks
     
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  3. RStewart

    RStewart Road Train Member

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    You're better off asking the carrier you're Leasing on to but the short answer is you'll have to qualify for the carrier that has the DOT number. Your buddy will also have to have an employee file on hand for you as well.
     
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  4. baha

    baha Road Train Member

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    I know of a co that makes both of you fill out a application for the driver part because if you can't drive that day for some reason, after being home for the weekend the owner of truck can get load Del.
     
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  5. roundhouse

    roundhouse Road Train Member

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    If he has his own authority why would he want to lease it on with a carrier ?
     
  6. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    Exactly.
     
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  7. Vampire

    Vampire Medium Load Member

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    These are things the both of you should have researched before getting into this business. It’s here all at your fingertips. Either way, good luck.
     
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  8. Ridgeline

    Ridgeline Road Train Member

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    Wait, he is your partner but he owns the truck?

    and he has his own authority?
     
  9. RStewart

    RStewart Road Train Member

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    Sounds like they're having a hard time getting insurance for the second truck so they're looking at leasing it to a carrier so this guy can drive it. At least that's the way I read it. If it were me I would fix that insurance problem and keep the truck under my own authority.
     
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  10. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    Reading comprehension leads me to believe "Partner", is his buds name......

     
  11. RStewart

    RStewart Road Train Member

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    Good catch. My reading comprehension must be slipping.
     
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