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How to start a trucking company with new MC and USDOT #s
Highest Rated
Rating: 4.5 out of 5(35 ratings)
214 students

How to start a trucking company with new MC and USDOT #s

Apply for a new trucking authority from the comfort of your home - Receive a packet with various trucking templates
Highest Rated
Created byEnis Mahmutovic
Last updated 12/2021
English
English [Auto],

What you'll learn

  • How to register a trucking company
  • Applying for MC and USDOT numbers
  • Getting tax and state permits
  • Setting up fuel cards
  • Finding a factoring company
  • Looking for insurance
  • Obtaining state permits
  • Finding an ELD provider
  • Paying for Highway tax

Course content

2 sections • 16 lectures • 1h 18m total length

  • Introduction2:48

    A short introduction about the "How to start your own trucking company course"

  • Register an LLC in your state and open up a business bank account3:17
  • Receive a Federal EIN from the IRS3:04
  • Register for an MC and USDOT number with FMCSA7:30
  • Complete the BOC-3 filling6:02
  • Finding liability and cargo insurance7:29

    Compare liability and cargo insurance options to protect your trucking startup, using local agents, shop for quotes, and tailor coverage to your drivers, trucks, and radius.

  • Find an invoice factoring company3:40
  • Get set up with fuel cards3:54
  • Choose an ELD provider2:18
  • Get your state permits, IFTA, iPass and PrePass15:31

    Learn how to obtain state permits, register for IFTA, iPass and PrePass, and manage quarterly returns across New York, Kentucky, Oregon, and New Mexico for trucking startups.

  • How to file for Highway Tax5:02

    Learn how to file highway tax for your trucking fleet, about $550 per truck annually, using Dexcom's online service. Register your business, add trucks with VIN, and pay IRS.

  • How to make a carrier packet2:16

    Create a carrier packet for your new trucking company, including authority, insurance, your DMC number, W-9, remittance or factoring details, and references to show brokers your legitimacy.

  • How to file for UCR3:15

    Pay the annual UCR fee based on your fleet size before you start driving, and complete the payment before year-end for the next year using the government UCR site.

  • Costs involved in starting and maintaining a trucking company8:05

    Identify upfront costs to start a trucking authority, including registration, insurance down payments, and basic office setup. Plan for roughly $3,500 to $10,000 upfront.

  • Test your knowledge before you start
  • Downloadable content2:59

Requirements

  • No driving experience needed
  • No third party fees. Only government registration fees.
  • You only need a computer, internet and a phone

Description

This course includes all the necessary steps to obtain a trucking authority by yourself from your computer. Please note that some of the websites and services require registration with your personal information and a fee in order to register your authority and the permits.


This course will either teach you or show you the necessary steps that you have to take to acquire a new MC and USDOT number. It will also show you how to look for some services in your area as some of the steps that are required involve working with local businesses. Everything can be done on your computer and with your phone.


There is no need to hire someone to do this for you as you can do it all by yourself without paying any extra fees.


I also included a set of 31 downloadable documents and templates for driver qualifications folders, equipment folders, handbooks, contracts, worksheets, etc., for free.


Here are some of the things you will learn:


  • Registering an LLC in your state

  • Getting a FEIN from IRS

  • Applying for MC and USDOT numbers at URS (FMCSA website)

  • Filling for a BOC-3 form

  • Getting your Highway Tax paid

  • Setting up a permit packet

  • Looking for a drug screen provider

  • Getting permits for NY, OR, KY, NM

  • Paying UCR fees

  • Finding ELD providers

  • Searching for an invoice factoring company

  • Finding a provider for fuel cards

  • Rundown of start-up costs and maintenance costs



Who this course is for:

  • Beginner trucking business owner
  • Potential Owner Operators who want start their own authority

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