Carrier motor authority holds significant importance for FMCSA-recognized trucking companies,...
What Does BOC-3 Mean and Why You Should Care
The trucking industry operates under strict regulations, making it crucial for those starting a trucking company to comply and ensure smooth operations. One requirement that often raises questions is BOC-3. Let’s clear the air on BOC-3 and its importance for trucking companies.
What BOC-3 Entails
The acronym is responsible for many questions of concern in the trucking industry.
- What is BOC-3 in trucking and what is the purpose of a BOC-3?
- Who needs a BOC-3 filing?
- What reasons might a company choose to be its own BOC-3?
Let’s start with the basics. BOC-3, or Blanket of Coverage form, is a vital document mandated by the Federal Motor Carrier Safety Administration (FMCSA) for motor carriers, brokers, and freight forwarders operating in the United States. It serves as a designation of process agents who act as representatives in legal matters in every state of operation. BOC-3 is a must for all interstate freight carriers before starting their operations in the United States.
Filing BOC-3
Trucking companies are already stressed with the task of finding loads for their trucks. On top of that, filing BOC-3 costs and forms may initially seem overwhelming, but it is a straightforward process. Motor carriers, brokers, and freight forwarders must provide specific information, including their legal business name, address, and a list of states where they operate. Various BOC-3 filing options, such as online portals and third-party services, simplify the process.
Designation of Process Agents
A process agent for trucking companies plays a crucial role in ensuring legal compliance for trucking companies. They act as intermediaries between the FMCSA and the company, receiving and forwarding legal documents. Having process agents in each state of operation is essential to avoid legal complications and mitigate the looming transport challenges trucking companies already face. Besides trucking companies can require additional compliance that BOC-3 process agents review and look for.
Cost of BOC-3 Filing
How much does a BOC-3 cost? This exact BOC-3 filing cost may vary by state and the filing method, and it’s most commonly needed for those with an interstate footprint. According to DAT Freight and Analytics, MC authority from the FMCSA is needed for all trucking companies that carry interstate loads. While some companies handle the filing process themselves, working with professional service providers specializing in BOC-3 filings is often more cost-effective and efficient.
Maintaining BOC-3 Compliance
Maintaining up-to-date BOC-3 filings is essential. Any changes in business operations, such as adding or removing states of operation, require updating the BOC-3 forms. Failure to comply can result in legal penalties and potential suspension of operations. Providing the correct mailing address to the FMCSA and designated agents is also crucial.
Ensuring BOC-3 Compliance for a Successful Trucking Business
Compliance with BOC-3 filing is not only a legal requirement but also fundamental for running a successful trucking business. Understanding BOC-3 filing correctly, designating process agents, knowing how to check your BOC-3 status, and staying compliant allows trucking companies to avoid legal complications and focus on their core operations. The good news is that there are plenty of resources and experts in BOC-3 filings and partnerships with authorized agents via a simple online search. And once you’ve completed the filings, you’ll be ready to take on new loads. Connect with CarrierSource to find more loads and ensure your trucking company remains compliant.