Starting an auto transport business isn’t an easy feat. In fact, it takes a lot of education, training, tools, hauling equipment, and certifications to become a successful transport company. Nevertheless, it can be done. With persistence and the willingness to learn, you can create an auto transport business all your own. The trick is to know what must be done and where to begin.
Of course, as a company that is paid or hired to operate as a carrier, the laws and policies of the FMCSA must be met. This is perhaps one of the most difficult parts of the beginning process of a startup transport company. Below is how you should get started:
- File an OP-1 application form through the FMCSA and register online. The OP-1 form must be filed to obtain temporary broker MC #. Once all the requirements are met, your MC# will become permanent.
- File a BOC-3 form to receive your process agents. Process agents are the professionals who will receive all your transport company’s legal paperwork. A list of addresses is provided for each state. The processing fees for this one-time application are usually around $50. You cannot operate as a broker until the BOC-3 is processed. This may take 7 to 10 days.
- File a BMC-84 or BMC-85. This is a trust fund agreement issued by a financial institute. As a broker, this agreement is more beneficial than that of a bond.
- Receive high-quality leads from a reputable provider. Buying real-time, organic leads from a provider with high conversion rates can help bring you a lot of business as a broker. Our experience and knowledge at A1 has driven us to find only the best leads for our customers.
- Set up an easy to navigate, visually appealing website. Use a reliable merchant account and payment processing system. Purchase any online software that will help your brokerage stay organized and manageable.