My first post, so be gentle.
I was an owner op in PA from 2012 to 2018, then voluntarily deactivated my authority to reorganize my life. Now, I live in AZ and have a pretty cushy company driver job.
I have a friend who owns a Ram 3500 and just bought a 48' gooseneck and would like to get into commercial hauling with it. Now, I understand it takes 4-5 weeks to establish a new authority, and he is trying to get hauling asap. We brainstormed about me reactivating my authority and he lease onto me, but wouldn't that require 2 separate insurance policies? And I don't own a truck myself.
BUT, would it be possible to just reactivate it under his business name instead? Of course he would need a new DOT #, but I understand that could be acquired same day. If I reactivated the MC myself, I would need to change my business name and address anyway...
Let me know what I'm missing here. Thanks!