Are you about starting a trucking business and you need trucking authority? If YES, here is a guide on how to get a trucking authority and how much it cost. There comes a point in your business life as a freight mover when you would decide to become independent in order to expand your profit …
Trucking Authority
Also known as Operating Authority or Motor Carrier Authority, it is the permission granted by the government to transport goods in exchange for profit. Without trucking authority, you are not allowed to cross boundaries or even carry goods for delivery purposes. Although required by law, not everyone in the field has trucking authority.
In the United States, some companies are leased owner-operators, meaning revenues made are shared between the owner and operator. Alternatively, getting your own trucking authority offers you the operational freedom to choose your own loads, schedule, and even route leading to a more efficient and income-generating business.
To make good and substantial money in the trucking business, it is advisable you get your own authority. Yes, you can offer your services to a leasing firm, and doing so is a wonderful and easier way for those with challenged credit to get their own rig. But getting an authority can help you to …
An owner-operator owns and operates the truck he is driving. Owner-operators are tasked with the necessary expenses of operating the truck, such as insurance, fuel, maintenance, etc. Numerous owner-operators, instead of offering their services to a leasing firm, choose to obtain their own authority. Obtaining an authority is a very necessary step if you intend …