Excavating business questions again

[RyanL]

Hi guys well here i am again with more questions. Some of you guys probally have seen my post bout service truck. But more i think bout it. It would make more sinse to use what i already own and is paid for. So ill start with a little info about what i got and so on. Im 24 yrs old i currently work for B&N coal. I have worked as operator here sinse i was 18. Ive ran everything from d-3 to d-11 dozers,320 to 5110 cat hoes and 972-992 loaders 777 trucks ts-24 pans etc. Now for what i own pertaining to excavating: 96 ford l9000 single axle 4wd dump truck 10ft dump 35,000gvw 3306 cat with jake 9spd. I have class A cdl also. John deere 450B turbo dozer with 4way blade and winch. Kubota kh191 7ton excavator with steel tracks. I dont have a tag trailer but do have gooseneck and couple pickups to pull it. Also have kubota m7040 with loader. I currently jus have all this for personal use clearing land. I jus have million liabilty coverage on truck. My questions are what do i need as far as license, insurance,etc to legally get into this part time to start out. Also any other advice.

 

[DIRTROAD]

If I were you, I would just work at the coal company until the economy improves. Currently there is not enough work to go around, so if you try to do this part-time, you will be robbing work from the guys that do it full-time. If or when the economy turns around and there is plenty of work for all, then I might consider a part time venture, but right now you wouldn't make enough extra money to cover the additional liabilities (underground insurance is expensive and you don't want to dig without it). Basically you would be pi$$ing ing the wind and working for nothing.

 

[20 20]

Go over to the heavy equipment forums, they be able to answer any questions you have. There is work out there in the right places and at the right times.

 

[RyanL]

Well ive been pickin up some stone hauling for homeowners because alot of the bigger trucks are hauling stone for the oil/gas rig locations. They are hauling 24hrs day 7days a week to build these locations. So alot guys dont want mess with little jobs. I just dont know what all i need to make my truck legally for hire? DOT numbers or names on door or ??

 

[Bob Rooks]

Ryan,
You need to talk to your insurance carrier, the DMV, and your state department of revenue before you hual another load. Foremost, you must have a business licence, and the state registration number, along with your name and phone number, must be permanent on the door or side of the truck.

My advice: Stay at the coal company, have fun and avoid the headaches and ulcers.

 

[RyanL]

Ive just been haulin for people i know so far. And this coal company is a joke somedays. So...

 

[Bob Rooks]

Ive just been haulin for people i know so far. And this coal company is a joke somedays. So...

Well, you just have to be pulled over once or stopped at the scales and the sign flashes "BRING PAPERS". You'll be the joke. You can be made to pay very stiff fines for doing what you're doing. It's not worth the risk, imho.

 

[RyanL]

True. Ive only hauled couple loads for other people. The rest of the time i use the truck for personal use. Which i think is legal to not have any lettering or anything as long as its not profit. This is why i was askin what all is required.

 

[Duffster]

True. Ive only hauled couple loads for other people. The rest of the time i use the truck for personal use. Which i think is legal to not have any lettering or anything as long as its not profit. This is why i was askin what all is required.

Are you just hauling as a favor?

If not you most likely need your name DOT number and possibly a MC number on your truck.

It doesn't have to be permanent. They can be on a magnetic sign.

If it is truly personal use then no DOT registration should be needed.

 

[RyanL]

Well... No comment on the favor. But thanks for input so far. I will keep truck for personal use. And check into legal side before i haul for anyone else. Thanks