Using a trucking app means managing your trucking operations more wisely and profitably and increasing your profits. Conversely, poorly managed operations can cost businesses money because it is difficult to properly control fuel and inventory as well as optimize routes and drivers. These are the reas...
International Fuel Tax Agreement (IFTA) Trip permits Consult with a lawyer to ensure your transportation business has all the necessary documentation and licenses and follows all applicable rules and regulations. Open a Business Banking Account Get a business checking account to keep your business and ...
are all properly licensed, insured and carry appropriate permits. The licenses and permits you will be required to have for your trucks are USDOT Numbers, MC Numbers, IFTA Decals, IRP Tags, 2290s and Fuel Tax Reporting. You will also need to make sure that all drivers have a valid ...
In order to become a successful private fleet owner, you must obtain a USDOT and/or MC number, intrastate licensing, pay an annual heavy vehicle use tax (HVUT), and display your international fuel tax agreement (IFTA) credentials. What Owning a Private Fleet Can Offer You Maximize Control...
need a commercial driver's license, and there are the usual running expenses including vehicle tax, insurance and fuel. As with any small business, you’ll likely need an advertising budget to attract prospective customers. Be sure to deduct these expenses from your revenue to discover your ...