In starting your own trucking company, several requirements must be followed. You need to obtain your motor carrier number that is a requisite for all trucking business owners that operate both trucks that serve as transportation and for hire units. It is not just about making a profit out of your business, but you also need to follow the necessary guidelines and procedures. There are a lot of paperwork processes that need to be considered when you apply for mc number.
Sometimes, obtaining new truck drivers are not the only way that you can drive your units on the road. Following the mandated rules must also be done. If you want your units to work and your business to operate effectively without the threat that you might be called out by the authorities, application through paperwork would be necessary. Applying for a motor carrier number must be done through legal documents.
There are packages that every trucking company may consider, and this is the motor carrier authority package. A mc authority package would typically include an FMCSA registration fee that would cost around three hundred dollars. You must pay for the fee first to be registered under FMCSA. The fees would usually go to the safety activities for all carriers and commerce for all for hire carriers of the support state.
Ideally, apart from the motor carrier information, companies must acquire the USDOT number if they are manhandling a truck that weighs above ten thousand pounds. This will serve as an identification number for your business. But if you are still doubtful if you have to acquire a USDOT, evaluate if the vehicle required a safety permit. All vehicles that would transport hazardous materials and other quantities are mandated to register for it.
Now, the next step to do is to acquire your mc number. This is important to ensure that your company is allowable to operate at any given condition under the regulations of FMCSA. This number goes along with the USDOT you obtained. Now you might be wondering why these have to be acquired, perhaps, without these important requirements, you will not be given a go signal to start with your business.
Filing of the BOC 3 needs legal assistance to be done. But if you cannot one, consider seeking professional assistance. Some brokers and agents are willing to cater to your needs. There are also service packages that cater to include this federal filing on their service. Hence, there is a need for you to look for a service company that will guarantee a correct application that will not provide you any hassle.
You can register for Unified Carrier Registrations. They typically charge depending on the number of trucks that will operate. You have to remember that this form should be processed and renewed every once in a year. The next thing you can do after obtaining and applying for different forms is to apply for insurance. This is the final step that you must process, and obtaining it demands another cost.
Insurance is always dependent on the type of carrier authority you are applying. What is usually required is seven hundred fifty thousand dollars and one hundred thousand dollars cargo and liability. An agent will be the one who will file for your insurance, and once there is a guarantee you have finished all the previous requirements, you will be asked to wait for a week or two.
Once you received a letter that your mc authority is already active, you will be ready to operate around the state. Through the process, seeking professional assistance will be the ideal thing to consider avoiding delay. This will not only help you in making the process quick and easy, but this will ensure you have properly applied for the right steps and procedures. You will have an assurance that you filed the requirements.