It is a good business practice to have a Federal Employer Identification Number for your company though not required if you are a sole proprietorship.
You should if you are concerned about personal exposure to lawsuits or debts arising from your trucking operation.
Approximately four weeks.
A Federal filing that typically designates legal agents in each of the fifty states to receive and forward legal documents which have been served.
Begin having your insurance quoted once you receive your DOT/MC numbers. Towards the end of the mandatory waiting period, you will want to decide upon your provider, pay the premium, and have the agent file the coverage with the FMCSA.
A minimum of $750K in liability is required. Cargo isn’t generally required by the government for most operations, however many shippers and brokers often insist upon at least $100K in cargo insurance.
Yes, NASTC has a long-standing relationship with a factoring company that can customize a cash flow program for your new endeavor.
Created by the Unified Carrier Registration Act of 2005, it replaced the former system of registering and collecting fees from vehicle operators engaged in interstate travel. The annual fee must be paid each January by carriers and brokers.
No, not until your renewal time – even if it would make your fee higher.
It is a base/home state agreement which allows an apportioned CMV to travel through all of the contiguous states with only one license plate and cab card registration.
Once your authority has reached authorized for hire status, you may set up your IRP account by visiting your state’s Commercial Motor Vehicle division. It is a good practice to call ahead to know exactly what your state requires you to bring with you.
Yes you must have a physical structure owned or leased by the company. A post office box is not sufficient.
A tax collection agreement among the forty-eight contiguous states to simplify the reporting and collection of fuel taxes when carriers operate in more than one jurisdiction.
Yes…not having a program is an auto-fail violation of the new entrant audit (382.115).
It is a good business practice to have a Federal Employer Identification Number for your company though not required if you are a sole proprietorship.
You should if you are concerned about personal exposure to lawsuits or debts arising from your trucking operation.
Approximately four weeks.
A Federal filing that typically designates legal agents in each of the fifty states to receive and forward legal documents which have been served.
Begin having your insurance quoted once you receive your DOT/MC numbers. Towards the end of the mandatory waiting period, you will want to decide upon your provider, pay the premium, and have the agent file the coverage with the FMCSA.
A minimum of $750K in liability is required. Cargo isn’t generally required by the government for most operations, however many shippers and brokers often insist upon at least $100K in cargo insurance.
Yes, NASTC has a long-standing relationship with a factoring company that can customize a cash flow program for your new endeavor.
Created by the Unified Carrier Registration Act of 2005, it replaced the former system of registering and collecting fees from vehicle operators engaged in interstate travel. The annual fee must be paid each January by carriers and brokers.
No, not until your renewal time – even if it would make your fee higher.
It is a base/home state agreement which allows an apportioned CMV to travel through all of the contiguous states with only one license plate and cab card registration.
Once your authority has reached authorized for hire status, you may set up your IRP account by visiting your state’s Commercial Motor Vehicle division. It is a good practice to call ahead to know exactly what your state requires you to bring with you.
Yes you must have a physical structure owned or leased by the company. A post office box is not sufficient.
A tax collection agreement among the forty-eight contiguous states to simplify the reporting and collection of fuel taxes when carriers operate in more than one jurisdiction.
Yes…not having a program is an auto-fail violation of the new entrant audit (382.115).