If you plan to have a trucking company, then you need to get your MC Authority. MC Number Registration is one big step to stay compliant with the Federal Motor Carrier Safety Administration regulation. Operating under your authority means you have more responsibility, more expenses, and more paperwork to handle. But it also allows you to bid directly with different companies to obtain freight. That means you get to choose your load, time of operation, routes with a bigger payoff.
Obtaining authority is paramount to maximize your profits without
being limited to working for other companies. You can enjoy the benefits of
being your boss with this exciting adventure. Read on as Global Multi Services
explain the benefits of obtaining your MC Authority.
YOU ANSWER TO YOURSELF
Having your Motor Carrier Authority allows you to make all the
decisions about running your trucking business. You have a sense of freedom and
responsibility over your time, money, and equipment. Operating under your
authority also means you will only answer to yourself and your insurance
company. You also have to follow the Federal Motor Carrier Safety
Administration regulations religiously to avoid costly penalties or fines.
With your MC Authority, you get to control your pay, decide your
route, and when to operate within the hours of service. Your operating expenses
will also be much higher. Therefore, you have to maximize your revenue and
reduce your expenses to boost your profit.
CHOOSE YOUR FREIGHT AND ROUTE WITH MC AUTHORITY
Motor carrier authorities allow you to make decisions on the type of
freight you want to haul. These also give you control over where you go, how
much money you make, the route you take, and many more. But companies do not
just come and meet you to haul their freight once you get your MC number. You
have to build your reputation and gain their trust. You will also spend a lot
of time negotiating contracts. It is different from working with a big
organization with a pipeline full of freight ready to be carried.
ALL THE PROFIT IS YOURS
When you operate under your MC Authority, you get to keep the profit
left after paying your expenses. You make more money by working hard and
traveling for long hours instead of adding to another company bank account.
However, making such money is not simple. You have to find companies to haul
for with your authority. These might sometimes be difficult because most
companies prefer to work with existing trucking companies.
MC AUTHORITY ALLOW YOU TO WORK WHEN YOU LIKE
With your MC Authority, you decide when to work and when you take time
off. Having this opportunity is a dream come true for many truck drivers. But
you have to be disciplined and remember you need to make enough money to cover
your expenses and cut yourself a decent paycheck. Balancing freedom and
flexibility with long-term profitability is the goal, and this is what having
your motor carrier authority gives you.
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