Pros and Cons of Renting a Box Truck for Amazon Relay

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Renting a box truck and hauling for Amazon relay with your own authority might be the easiest way to start a trucking company ever. So I lay out some pros and cons of this strategy from the consideration of your trucking insurance….it plays a hug part!

Steps to starting a trucking company with a rental box truck:

1️⃣Register your business
Search google: “[your state] Secretary of State”
Cost varies by state

2️⃣Request an EIN (Tax ID)
Free if you do it yourself
LegalZoom can include this if you go through them


3️⃣Setup a bank account and sign up for QuickBooks
***Big banks have better technology***

4️⃣Setup two email addresses
1 for important business, 1 for your motor carrier application so you can weed out all the marketing
Use promo codes for 10% off:
Starter Plan - $6: U9CC7FHR3R4R9FG
Standard Plan - $12: E9NCH9XFED6DV9Q

5️⃣Get another phone number to avoid unwanted marketing calls/texts
$25/month
Once you download the app, setup your voicemail and forward all calls straight to voicemail

6️⃣Apply for your Motor Carrier Authority
Seriously watch this video and don’t mess it up, takes forever to fix mistakes

7️⃣Get your BOC-3 and UCR

8️⃣DOT Physical Exam for Medical Card
~$85 - $100

9️⃣Fill out this Quote Form for Insurance
*If you are in a state that I’m not licensed in yet, I’ll forward you this form and it will have exactly what you need to get a quote in your state.

1️⃣0️⃣Setup freight factoring and fuel cards
RTS is by far the best for both factoring and fuel cards plus they offer special rates for Amazon Relay

1️⃣1️⃣Find an amazing dispatcher
Interview several, don’t look for the cheapest, you absolutely want the best
If they charge more than others, that probably means they are better

1️⃣2️⃣Sign up for Load Boards

1️⃣3️⃣Shop Box Truck Rental Rates in your area, let them know you are a motor carrier for Amazon, some provide better rates for this

1️⃣4️⃣New Entrant Phone Call
You will get a letter in the mail from FMCSA for your audit call. Do this ASAP. It’s easy, they basically just go over your application to verify what you’ve entered.

1️⃣5️⃣Pay your down payment for insurance close to the 21st day after applying for your authority
You have to wait 21 days from the time you apply for your Authority and you want to make your insurance effective a couple days prior to that to make sure the insurance company has time to process the filings so your MC will be active on the 21st day.

1️⃣6️⃣Apply to brokers

1️⃣7️⃣Gather your documents in a single binder

OPTIONAL:
Donate: Truckers Against Trafficking

Order Door Magnets
Optional if you have a rental truck less than 30 days at a time
Promo Code - 15% off: CHARLESSTRING

🚚 Motive
- ELD, Driver Safety, GPS tracking
- Get $100 when you sign up

I do receive compensation from some of these affiliates for referring you to them. That being said, I have a great relationship with each of these companies and I have worked with some of their competitors in the past...so there's a reason why these are the companies I recommend...they are the best. If for any reason you have a bad experience with them, please let me know because I take that feedback seriously. My business is your business, so I want (need) you to succeed.

[chismehoras]

Can i do a corp or have to be an llc??

[gavinross]

When renting a box truck you tell the place your renting from that your keeping the truck for a couple of months...so you don't have to keep updating your insurance policy

[markamos]

Good evening, I awesome videos thank you so much for your content, I don’t see the links you speak about, how can I get the links you speak about specifically the ones you talked about when starting a Box Truck business?

[chismehoras]

Waoooo man I want to tank you very much after watching 2k videos you the only one came out with the truth 🤝👍👍👍👍👍

[RJJSmith]

Thanks for the great content! If planning to rent, what do you put the vehicle model as when quoting/purchasing insurance? In theory, I'd be purchasing my 6 month insurance policy to become active a few days before I pick up a truck.

[Usaewa]

You're the only agent that I've come across that has any level of understanding of the rental and insurance issue for doing amazon relay. Thank you so much for sharing your knowledge. ❤

[kas]

Whats the best company to rent from? Some of em charge Ridiculous prices pre mile

[HODGEYSHEEK]

Hello. Thank you for the great content, your videos are really helpful. One thing, when I call the insurance company, I know commercial, but what limit/amount do I tell them I need? I.E., a million, more or less? I am not sure if I just say I need commercial insurance for a 26ft box truck and that's it. Thank you for the help.

[Lovealwayswins]

Is maintenance included with renting like it is when you term lease?

[GeorgeLiquor]

I couldn't imagine paying $2500 a month to rent a fucking box truck lmao... That's what I pay for my brand new Cascadia

[blanco]

so if i do this for a month and quit ill have a pending cancellation??? which is bad

[alejo]

Just wondering if you could give your insight about semi-rental Insurance on AMZN relay thanks l enjoy your videos..

[johnm]

He looks like Jay Cutner ex Chicago bears quarterback

[MisterBryanp]

But how much money do you actually do? If I have a a driver I’m paying, $800 a week, my insurance is $2400 a month, rental is $650 a week unlimited miles, how much money would I have after gas? Is it profitable? Would I make at least $500 a week? Let’s say I drive the truck as well on Saturdays too. Thank you for your response

[opbuilt]

I was told by 4 dot officers in different states, Door Magnets are not legally approved by fmcsa, stickers must be affixed to the vehicle . Just seen it in your description and wanted to throw out my experiences .

[makialsmith]

Hi please make a video about trucking locally in North Carolina !!!

[lashandagray]

Can u dispatch yourself. And do you need a freight agent or broker for Amazon relay??

[marcusmyth]

It’s good to see you’re coming around to the idea. I’m still working on getting my insurance agent to come around lol.

[ayazali]

Great breakdown, definitely agree with the process. I have a few 26-foot box trucks with liftgates, was trying to learn if Amazon Relay was worth it? Do you have any statistics or calculations on the financials, such as per-mile rates and expenses related to Amazon Relay.

[Patronesofly]

But how do you get an authority with a rental because you need to get a truck first with insurance on it to get a actual trucking authority.