How to Create and Start a Trucking Company?

The trucking industry is a vital part of the global economy, responsible for moving goods and products across the country. However, starting a new trucking company can be a daunting task, especially when it comes to obtaining the necessary authorities and permits. In this blog post, we will discuss the various authorities required to operate a trucking company, as well as the steps involved in obtaining them.

Here is your new authority checklist and below are explanations!

1. DOT/MC Application Process

2. Create FMCSA Account

3. BOC-3 Filing

4. SCAC Code Setup

5. UCR Registration

6. Create IPR Account

7. Purchase Plates

8. Create IFTA Account

9. Install Decals

10. Create CDL Manager Account

DOT/MC Application Process

The first step in obtaining trucking authority is to file an application with the Federal Motor Carrier Safety Administration (FMCSA). This application, known as the DOT/MC application, is a comprehensive form that requires information about your company, your drivers, your vehicles, and your insurance coverage. The application process can be completed online, and the FMCSA will review the application to ensure that your company meets all the regulatory requirements.

Create FMCSA Account

To complete the DOT/MC application process, you will need to create an account with the FMCSA. This account will allow you to track the status of your application, upload supporting documentation, and communicate with the FMCSA.

BOC-3 Filing

Another requirement for obtaining trucking authority is to file a BOC-3 form. This form designates a process agent in each state where you plan to operate. The process agent is responsible for accepting legal documents on behalf of your company. The BOC-3 filing can be completed online through the FMCSA website.

Create IFTA Account

The International Fuel Tax Agreement (IFTA) is a system that allows carriers to report and pay fuel taxes to the states where they operate. To participate in IFTA, you must create an account and submit an application. The application process requires information about your vehicles, including their fuel usage and the states where they operate.

Install Decals

Once you have obtained IFTA registration, you will need to install decals on your vehicles. These decals indicate that your vehicles are registered under IFTA and are authorized to operate in multiple states.

Starting a trucking company can be a complex and challenging process, but with careful planning and research, it can also be a highly rewarding venture. By following these steps and working with experienced professionals, you can start a successful trucking company that meets the needs of your customers and delivers long-term profitability.

Get Help from CarrierHQ

Make sure you have all the correct documentation to get your fleet up and running. CarrierhQ can help you get the adequate coverage you need. Give us a call to make sure you have the best policy for your authority.

Call at (866) 621-4145