Are you ready to take the leap from driving other companies’ trucks to becoming an owner-operator? Want to start your own fleet but not sure where to start? Starting a trucking company can provide Owner-operators with freedom and a higher earning potential, but it also includes more responsibility. For many drivers, the necessary paperwork needed to start a trucking company can be overwhelming. Office Tenders can help you with all of the DOT and FMCSA requirements to make starting a trucking company as simple as possible.
6 Steps To Starting A Trucking Company:
The DOT compliance specialists at Office Tenders can guide you through the process of starting your own trucking company, and help with the paperwork every step of the way. If you’re interested in starting a trucking company, you need to follow these 6 steps:
- Decide what type of legal entity your trucking company will operate as and consider writing a business plan.
- File your “Doing Business As” for your new business name and apply for your Federal ID # (Employer Identification Number, EIN).
- Acquire a DOT # and Motor Carrier #, and file for the Unified Carrier Registration (UCR). Simplify this process with our affordable Obtaining Authority services.
- File BOC-3 Form (Designation of Process Agent) with the FMCSA.
- Obtain your new trucking company’s International Registration Plan (IRP) tag and International Fuel Tax Agreement (IFTA) decals. (Take advantage of Office Tenders’ IFTA reporting services to stay compliant.)
- Lease or buy the necessary equipment, and obtain insurance to meet the requirements for your business plan.
Hiring Drivers for Your New Trucking Company
If you have chosen to hire private drivers (higher start-up costs, higher profits), as opposed to utilizing sub-contracted drivers (lower start-up, lower profits), for your new trucking company, each must have a DOT physical, a Driver Qualification File, and the proper CDL class license. Office Tenders can help with these important steps to getting your truck drivers on the road and making sure your trucking company is meeting all DOT and FMCSA regulations.
Get Help Starting A Trucking Company With Customizable DOT Paperwork Services From Office Tenders
We customize our DOT compliance services to meet YOUR new trucking company needs. From records management to setting up your DOT random drug and alcohol testing program, we are just a phone call away. Get started with Office Tenders today, call (800) 954-3414 to speak with a compliance specialist!
