Frequently Asked Questions
The things people actually ask us before they buy or sell an authority. If yours is not here, just ask.
Getting your head around it
MC stands for Motor Carrier. It is the operating authority issued by the Federal Motor Carrier Safety Administration (FMCSA) that permits a company to transport regulated goods for hire in interstate commerce. It is separate from your USDOT number, which identifies you for safety and compliance purposes. Most for-hire interstate carriers need both.
Your USDOT number is your identifier. It tracks your safety record, inspections and compliance. Your MC number is your permission to operate for hire across state lines. You can have a DOT number without operating authority, but if you are hauling regulated freight for money across state lines, you generally need the authority too.
Because the rest of the industry uses it as a filter. Many brokers and shippers will not work with a carrier whose authority is only a few months old. Insurance underwriters price new authorities higher because they have no track record to look at. Some load boards and factoring companies apply their own minimums. An older authority clears more of those hurdles from day one.
Yes. Insurance is tied to the operation, not simply carried over with a number. You will need to arrange coverage that meets federal requirements and get the required filings made on your behalf. We can tell you what will be expected, but we do not sell insurance and you should speak to a licensed agent for that side.
If you are buying
Operating authority is held by a legal entity, and any change in ownership or control of that entity has to go through the proper FMCSA process. It cannot simply be handed over or informally re-registered. Deals are structured around the entity and the required filings. We coordinate that process, but we are not a government agency, and we cannot promise a particular outcome. Anyone who tells you otherwise is not being straight with you.
That is exactly what we check before presenting anything: age and continuity, safety and inspection history, whether required filings are current, and whether there are liens, judgements or open claims attached to the entity. If something is wrong, you hear it from us up front. We would rather lose a deal than put you into a bad one.
It varies with the age and condition of the authority and what is included in the deal. There is no fixed price list, and we do not publish one because it would be misleading. Tell us what you are looking for and we will give you real numbers for what is genuinely available.
You keep your operation running and we stay reachable. If something comes up with the filings or you need to understand what you are now responsible for, call us. We do not disappear once the money has moved.
If you are selling
It depends on how old it is, whether it has been continuously active, its safety and compliance record, what type of authority it is, and what buyers are currently looking for. We give free valuations with no obligation. Send us your MC and DOT numbers and we will come back with a figure and the reasoning behind it.
Not necessarily, but time is against you. Value drops the longer it sits dormant, and once it is revoked there is generally nothing left to sell. If you are anywhere near that point, talk to us now rather than in six months.
No. That is our job. You do not have to advertise it, screen enquiries or deal with people who are not serious. We bring you a buyer and handle that side of the conversation.
That depends entirely on how the deal is structured and what is disclosed. It is one of the reasons everything goes in writing and why full disclosure matters on your side too. For your own protection you should have your attorney or accountant review the terms before signing, and we will always tell you that rather than rush you.
About Sleepless
We are at 2117 W 1st St, Springfield, Ohio 45504, and we work with carriers and buyers in all 50 states. Most business happens over phone, email and Telegram, so your location is not a limitation.
Telegram at t.me/mcanddot is usually quickest. You can also call 770-770-4474 or email Contact@mcsalessleepless.org.
No. Sleepless is an independent private company. We are not the FMCSA, the U.S. Department of Transportation, or any other government agency, and we are not endorsed by them. We help arrange transactions and coordinate paperwork. We do not issue authority and we cannot approve anything.
No. We can explain how the process normally works and what to expect, but we are not attorneys or accountants. For anything touching liability, tax or contract law, use your own professional. We would rather you got proper advice than took our word for it.
Still have a question?
Ask it. We would rather spend ten minutes on the phone than have you guess.