Update on becoming O/O

There is more to the story.

 

You might want to consider joining NASTC and/or OOIDA, both can offer a lot of help in a lot of ways. I recently got my own authority, and it's an eye-opener for sure. You will find some brokers won't work with you because your authority is not old enough, had a couple of experiences with that - some are 30 days, some 90, one even said 1 year. As others have mentioned, getting rates is the biggest thing you can learn....amazing what low offers you will get. I am definitely trying to work on that, sort out the good from the bad. You have to consider how you're going to get paid...I'm sitting on about $13,000 in a/r right now, having chosen (so far) to not get hooked into a factoring company. And just about to pay my first quarter, portion of a quarter, fuel taxes. That's why NASTC and/or OOIDA should be a big help to someone just starting out, so many things to do and learn, easy to miss something. Good luck to you...

 

My advice, and take it for what it's worth because it's free....

Get a job driving for a fleet owner leased to a company like Mercer or Malone that uses load boards so you can get familiar without risking your own money.

I mean this with all due respect and I would tell anyone this. You don't know enough to start and you won't learn it here of anyplace else on the Internet. You need to invest in some real time, hands on experience.

I wish you nothing but luck but luck won't pay the bills....experience will.

 

you need money to do transportation business, credit will take you to fail
don't use credit of any kind