Big rig owner-operators have an exciting career. Working for yourself always brings a certain amount of pride. But, there’s a lot of work to do, before you can hit the road.
Owner-operators need to satisfy all the federal requirements including getting a bonding agent, a motor carrier number and a federal tax number. This process takes several weeks but it allows you to drive in the continental U.S. Next, drivers have to earn their Commercial Drivers License or CDL.
It’s a good idea to attend a professional driving school to prepare for the CDL test. Driving schools want to make it convenient for students to attend. So, training courses are offered seven days a week. Nationally, truckers are required to complete a 160 hour training course. If you are taking the CDL Test in Chicago, you’re required to study 200 to 240 hours. Truckers will also want to qualify for certain driving endorsements.
Hazardous Materials Endorsement (HAZMAT)-Required when transporting hazardous material in any amount;
Doubles/Triples Endorsement-Required when hauling double and triple trailers and
Tanker Endorsement-Required for a tank vehicle designed to transport liquid or gaseous material with a rated capacity of a thousand gallons or more.
Once you complete the required hours of study, you’re ready to take the CDL Test inChicago. Once you have your license, it’s time to get to work. Go to a reputable dealer to buy a truck. It’s a good idea to have a mechanic check out the truck before making your purchase. Big rigs run anywhere from $10,000 to $75,000, so you’ll probably buy a used vehicle. DOT regulations require liability coverage for commercial trucks. Check with your state about all the insurance and licensing requirements.
You’ll need a good software system for the trucking company. The software needs to keep track of the loads you take, accounts payable, accounts receivable, and all information about the loads. Register with a reputable load board to post your availability for hauling. This is the best way to get customers and establish your reputation. Trucking is exciting, but it’s a lot of work. Remember, the truck and the trucker need to stay in good health.