If
you own a trucking company that has interstate operations, you need
to secure an MC Authority. Regulated by the Federal
Motor Carrier Safety Administration (FMCSA), MC Authority dictates
the kind of operations a certain company can engage in, including the
kinds of cargo and passenger services it is allowed to render. It may
come with the prefix of either MX, FF, MC. MX is given to carriers
domiciled in Mexico, FF is for freight forwarders, and MC is for all
other types.
When
getting your own trucking authority, you need to submit an
application to FMCSA. As a new entrant, you have to fill out MCS-150
and once it's submitted, you will be assigned a temporary USDOT
number. Aside from this application package, you also need to secure
all other registration and licensing requirements set by the FMCSA.
You
also have to complete the OP-1 form series and pay a fee of $300.
Private and for-hire vehicles are exempted from paying this fee. On
the other hand, vehicles that carry hazardous materials and those
that are domiciled outside the US may have additional requirements.
The next thing to do is
to file BOC-3 in order to assign a process agent. Then finally, you
have to buy the right insurance for your business. You'll need to
have your permanent MC and USDOT numbers, too.
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