A product of merging several transportation and logistics companies, Tri-National, Inc. provides truck transportation services between Canada, the United States, and Mexico. Mostly operating satellite-equipped trailers and late model tractors, Tri-National, Inc. is a premier North American Free Trade Agreement provider that understands what it requires to start a trucking company.
Over 70 percent of all freight in the United States moves through trucks. Hence there is a demand for truck transportation services. Those intending to start trucking companies follow some basic guidelines.
First, the US Department of Transportation (DOT) requires several documents: a US DOT number, state transportation permits, state business registration documentation, an IRS tax identification number, and commercial liability insurance. Besides, each driver must have a Class A driver’s license.
In addition to these, the business owner must determine if their company will be a corporation or limited liability corporation. Each has its advantages and disadvantages in various states' liability and taxes. Additionally, the entrepreneur must outline how they will handle operations such as truck parking, finding loads, and executing administrative tasks such as invoicing and accounting. Other requirements include details on how the company will adhere to weight and size standards, safety rules, and EPA (Environmental Protection Agency) air quality regulations.
