Everything you need to know before you sell.
Plain-English guides on pricing, insurance, escrow, paperwork and what happens after the sale.
How to sell your trucking company: a step-by-step guide
The full process of selling a small trucking company with active MC/USDOT authority, from checking your records to getting paid.
Can you sell an MC number? What you are really selling
Why buyers purchase the company that holds the MC and USDOT numbers, and why sole-proprietor authorities cannot be sold.
What is my MC authority worth? The factors that set your price
How buyers price a trucking company with active authority: authority age, insurance history, safety rating, crashes and operation type.
Got an insurance cancellation notice? What to do before your authority is revoked
What a pending insurance cancellation means for your MC authority, your options, and how to sell before revocation.
Selling vs. closing your trucking company
Compare shutting down your trucking company with selling it, including what each involves and what you walk away with.
Documents you need to sell your trucking company (checklist)
A checklist of the formation, ownership, insurance, tax and debt documents buyers ask for when you sell a trucking company.
How escrow works when you sell a trucking company
How a licensed escrow service protects both seller and buyer, the due diligence period, and when you get paid.
Selling a trucking company with factoring, loans or a UCC lien
How factoring agreements, business loans and UCC liens are paid off and released when you sell your trucking company.
How to read your SAFER and L&I records
Where to find your FMCSA SAFER Company Snapshot and L&I authority history, and what buyers look for in each.
What happens after you sell your trucking company
The filings, handoffs and loose ends after closing: FMCSA updates, insurance, bank accounts, taxes and your responsibilities.
See what your company is worth
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