6 Steps To Starting A Trucking Company:
The DOT compliance specialists at Johnson DOT Services can guide you through the process of starting your own trucking company, and help with the paperwork/ filings 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).
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 Johnson DOT Services’ IFTA reporting services to stay compliant.)
Lease or buy the necessary equipment, and obtain insurance to meet the requirements for your business plan.