This video series, "What to Expect: A Guide to Running Your Trucking Company During the First Year," has been developed by Apex Capital to help trucking company owners understand the necessary policies and procedures for passing a safety audit and obtaining permanent operating authority. In this interview, we talk to Regan Orman, Associate General Counsel at Apex Capital and leader of the Apex Startup Program. The program aims to assist individuals interested in starting a trucking company by helping them obtain their operating authority. The trucking industry is heavily regulated, and motor carriers must stay up to date with various annual and biennial filings. One important filing is related to the operating authority, known as the "Biennial Update." This is a form through the FMCSA (Federal Motor Carrier Safety Administration) used to update contact information. It can be completed online for free through the FMCSA website or using the MCS H1 form. The Biennial Update must be filed every two years. Determining when to file the Biennial Update is based on your DOT (Department of Transportation) number. The last two digits of your DOT number indicate the month and year for filing. For example, if the last digit is 1, it's January; if it's 2, it's February, and so on. The second-to-last digit determines the year, with odd digits corresponding to odd-numbered years and even digits corresponding to even-numbered years. Another important filing related to the operating authority is the Annual Service of Process Agent Designation, also known as the BOC 3 form. When applying for authority, motor carriers must file this form, designating a process agent in each state. This ensures that if the company is sued in another state, there will be an agent available to accept legal process. Many motor carriers choose to file the BOC 3 through a third-party company,...
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Mcs-150 biennial update instructions Form: What You Should Know
BIN or LESS). Â I would also need a valid MOS number for your vehicle or a valid current identification.
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