When employees are hired as privately-owned employees, each driver is an employee working directly for the trucking company. This model benefits the truckers because it gives them a steady source of pay and some level of certainty about their job.
It also benefits the trucking company because it often results in higher profits, happier, and more loyal employees. However, it’s more costly for the trucking company to maintain in the beginning because it adds to the overhead. Learn how to start your own Trucking Company and whether it is the right fit for you. Open a Business Bank Account & Credit Card.Register your Trucking Company for Taxes.Form your Trucking Company into a Legal Entity.Start a trucking company by following these 10 steps: Ready to form your LLC? Check out the Top LLC Formation Services.
