Selling MC's legit?

Discussion in 'Ask An Owner Operator' started by Wespipes, Sep 10, 2019.

  1. Wespipes

    Wespipes Medium Load Member

    Jul 14, 2019
    I've seen a lot of these posts. Can you really sell a MC #? Looking at the posts I see a lot of arguing about the legality of it
  2. brian991219

    brian991219 Road Train Member

    Aug 10, 2013
    Lords Valley, PA
    Of course you can, you have to sell the entire company, although there may not be any physical assets so to speak. Trucking companies get bought out all the time and their US DOT/MC numbers never change, just look at UPS Freight for example, They have the same US DOT and MC that Overnight had.

    That said, there is little value in purchasing a MC number unless the carrier had been open a long time and has a clean safety rating as well as clean credit rating with brokers. In that case you can save thousands on insurance as well as have access to the top loads without the normal one or two year period of establishing yourself.
    DrDieselUSA and Wespipes Thank this.
  3. rank

    rank Road Train Member

    Feb 11, 2010
    50 miles north of Rochester, NY
    Not sure how anyone would argue the legality of it. What you can’t sell your trucking company now?

    Maybe you’d run into a road block if you tried to sell a sole prop, which is another reason to incorporate
    Bean Jr. Thanks this.
  4. xairx

    xairx Light Load Member

    Jun 24, 2019
    How much is a good MC number anyway?
  5. FoolsErrand

    FoolsErrand Road Train Member

    Sep 15, 2017
    However much you can get for it. The potential buyers will decide.
  • Draft saved Draft deleted