If we have a 18ft truck under 16000lbs doing business as a carrier does it have to go through the scales on the highway? Do we have to display IFTA decals? Would the drivers be required to have a log book for these size trucks? Besides all these questions, we're already incorporated as a corporation. What is the next step to obtain our operating authorities? Any recommendations for good and affordable insurance? Once insured, we have drivers that carry their own liability and cargo insurance, would a certificate holder be enough or would I have to add them under my insurance? Thank you so much for your time!
I'm making a few assumptions and not looking up each answer in order to cover different variables. Ultimately you need to do your own homework on all this because it's a lot to cover. If we have a 18ft truck under 16000lbs doing business as a carrier does it have to go through the scales on the highway? I think so. Do we have to display IFTA decals? Yes, if interstate. Intrastate check with your state. Would the drivers be required to have a log book for these size trucks? Possibly. Under 100 mile radius and less than 12 hours on duty then no; more than either of those then yes. If no, time record still needs to be kept by employer (you). Besides all these questions, we're already incorporated as a corporation. What is the next step to obtain our operating authorities? http://www.fmcsa.dot.gov/registration-licensing/registration-steps.htm Any recommendations for good and affordable insurance? Get multiple quotes and compare coverage and price. Lowest price isn't necessarily the best choice. Once insured, we have drivers that carry their own liability and cargo insurance, would a certificate holder be enough or would I have to add them under my insurance? Since when do drivers carry liability and cargo insurance? Sounds like you're talking about owner-operators. If you're having owner-operators lease on then familiarize yourself with the leasing regulations. A certificate holder isn't provided any coverage by the policy. They're only given notice if the coverage is ended. For leased operators I think you have to have the insurance. For using outside carriers the outside carrier has all their own insurance and then you could just be a certificate holder, but you may want to be an additional insured depending on the interplay of risks and coverage of the various policies and contracts (insurance and customer contracts). Buy this book: http://www.jjkeller.com/shop/Product/Federal-Motor-Carrier-Safety-Regulations-Handbook And check this list out: http://edmaclane.blogspot.com/2014/01/resources-to-learn-business-of-trucking.html
Ifta kicks in at 26001 and over, 2290 kicks in around 54,000 and so does KYU. yea you have to have a log book if not local,yes on stopping at the scales As far as getting your authority it is as simply as a bank or credit card and 20 min's on the pc. wait 2-3 weeks on the insurance cause it will be 3 weeks before they even think of getting you active, then you will receive your authority letter in the mail and be ready to go. you will get your numbers as soon as you hit the submit button, and the phone will start ringing from companies wanting to file your boc-3 filing don't pay more than $25 for this.
