How to start your own trucking business

Apr 23

Dreaming of hitting the open road on your own terms? Starting your own trucking business is a powerful way to gain independence, increase earnings, and take control of your future. But the road to ownership comes with its share of curves—and you need the right plan to navigate it.

At Trucking IQ, we’ve helped countless drivers go from behind the wheel to behind the business, and we’re here to help you do the same.

🧱 Step 1: Decide on Your Business Structure

Most owner-operators set up as one of the following:

Sole Proprietorship (simplest, but no personal liability protection)
LLC (Limited Liability Company) – most popular for truckers
Corporation (S-Corp or C-Corp) – for larger operations

🔗 Apply for your EIN here

🚛 Step 2: Get Your CDL (Commercial Driver’s License)

If you don’t already have one, this is your first ticket to legally operating a commercial vehicle. You’ll need to pass both a written and skills test.

🔗 CDL requirements vary by state – check your local DMV

📜 Step 3: Register for DOT & MC Numbers

To operate legally, you’ll need:

A USDOT Number – for tracking safety and compliance
An MC Number – for transporting goods across state lines (interstate)

You’ll file both through the FMCSA (Federal Motor Carrier Safety Administration).

🔗 Apply at FMCSA.gov

🛡️ Step 4: Get Trucking Insurance

You can’t hit the road without insurance. At a minimum, you’ll need:

Primary Liability
Cargo Insurance
Physical Damage Coverage

Trucking IQ specializes in trucking-specific policies that meet FMCSA and broker requirements—without breaking the bank.

🔗 Get your custom quote today

🚚 Step 5: Choose the Right Equipment

Buy or lease your truck based on your budget and freight type. Don’t forget to:

Check maintenance records
Understand the financing terms
Look for trucks with fuel efficiency and safety features

📈 Step 6: Set Up a Business Bank Account & Accounting System

Keep personal and business finances separate. Use accounting tools like QuickBooks, TruckLogics, or Rigbooks to track:

Fuel costs
Repairs
Loads
Taxes

💼 Step 7: Start Finding Loads

Once you're legal and insured, you're ready to book loads and earn. Use:

Load boards (DAT, TruckStop, 123LoadBoard)
Freight brokers
Direct contracts with shippers

Pro tip: Build relationships with reliable brokers and clients for repeat business.

🧠 Final Thoughts from Trucking IQ

Starting your own trucking business takes planning, grit, and the right support team—but the freedom and income potential are worth every mile.

At Trucking IQ, we’re more than insurance. We’re your roadside advisor, ready to help you launch, protect, and grow your operation.

🚀 Ready to Roll?

Let Trucking IQ help you hit the ground running with the right insurance, licensing guidance, and industry insight. Your journey to trucking independence starts here.

📞 Call us today
🌐 Visit us at www.trucking-iq.com
📩 Request a Quote

Nick Shurling