December 21, 2017
How to Start Your Trucking Company in 2021
*Last Updated December 7, 2020.
While the year 2020 wasn’t the year we expected, there is a lot of potential for 2021. If you’ve decided that you’re ready to start your own business, it’s time to begin.
A New Year’s resolution is the perfect time to make big changes. Make plans, get the money you need, and learn which registrations you need and which ones you don’t. A good resource to take the next steps is to listen to our podcast Haulin Assets, for more details on each of these steps, but here’s a brief checklist of what you need to do for a new year, new you:
- Get your Motor Carrier Authority
- Purchase a truck and trailer
- Invest in truck insurance
Get Your Trucking Authority
No matter if you’re planning on running as in independent owner operator or hiring drivers to start a fleet, you’ll most likely need to get some form of operating authority and USDOT number to be compliant with the Federal Motor Carrier Safety Administration (FMCSA). A good resource to get started is Motor Carrier HQ’s New Motor Carrier Authority package, which includes:
- FMCSA Filing Fee ($300 required by the FMCSA)
- BOC–3 Processing Agent (filed for free as part of our package)
- USDOT Number
- MC Number (Interstate Operating Authority)
You can order this package online for just $499.
Purchase a Truck and Trailer
We’ve got you covered there, too. Download our free spreadsheet to help you compare all your potential options and get the most out of your buck. Remember, the truck is one of the largest investments you make when starting your own business. Don’t get caught spending more on unexpected truck maintenance.
Get Insurance
Episode nine of Haulin Assets covers how to purchase truck insurance, but we’ve also got other resources on what you need to find the right insurance for your business. If you’ve got the truck and the operating authority, make sure you have insurance lined up to stay compliant once your operating authority becomes active.
Read More: How to Purchase Commercial Truck Insurance
How Can Motor Carrier HQ Help?
At Motor Carrier HQ we create a customized game-plan for you and your company. We save you money by only registering for what you need and not what you don’t. Get peace of mind knowing that you won’t be getting fined for improper registration while knowing you didn’t spend more than you had to.
Tips to Make Your Trucking Company a Success
A new year, new you. If you’re considering taking the steps up above, we’re always willing to help. Give us a call at 866-739-2032 and we’ll walk you through how you can get your trucking company started. If you want a few more tips, we’ve got a few things to consider for your New Year’s resolution.