How to Start a Cargo Trucking Business: What You Need to Know
- Nate Jones, CPCU, ARM, CLCS, AU
- Sep 16
- 2 min read
Starting a cargo trucking business can be a rewarding venture in the transportation industry. With the rise of e-commerce and supply chain demands, cargo trucking plays a vital role in moving goods across the country. Whether you're launching a fleet or starting as an owner-operator, understanding the startup process is key to long-term success.
What Is a Cargo Trucking Business?
A cargo trucking business involves transporting freight—such as retail goods, industrial supplies, or raw materials—using commercial trucks. These businesses can operate locally, regionally, or nationwide, depending on licensing and logistics capabilities.
Startup Costs for a Cargo Trucking Business
Here’s a breakdown of typical startup expenses:
Truck Purchase or Lease: $30,000–$80,000 depending on truck type and condition
Insurance Coverage: $6,000–$15,000 annually depending on driving history and cargo type
Licensing and Permits: $500–$2,500
Marketing and Branding: $500–$2,000
Fuel and Maintenance: $1,000–$3,000 monthly
Dispatching and Load Boards: $100–$300/month
Wexford Insurance specializes in helping cargo trucking companies secure the right insurance coverage to protect their assets and meet legal requirements.
Licenses and Permits You’ll Need
To operate legally, cargo trucking businesses must obtain:
USDOT Number: Required for interstate operations
MC Number: Needed for transporting regulated commodities
Commercial Driver’s License (CDL): Required for operating heavy trucks
State Business License: Required in most jurisdictions
BOC-3 Filing: Designates a legal agent for service of process
Essential Insurance Coverages for Cargo Trucking
Insurance is a critical part of running a cargo trucking business. Wexford Insurance offers comprehensive coverage options, including:
Trailer Interchange Insurance: Covers non-owned trailers used under interchange agreements
Auto Liability Insurance: Covers bodily injury and property damage caused by your truck
General Liability Insurance: Protects against third-party claims not related to driving
Cargo Insurance: Protects the goods you’re transporting from theft, damage, or loss
Physical Damage Coverage: Covers your truck in case of collision, vandalism, or natural disasters
Whether you're a fleet owner or a new venture, Wexford Insurance helps cargo trucking businesses nationwide stay compliant and protected.
Tips for Success in the Cargo Trucking Industry
Choose Your Niche Wisely: Focus on high-demand cargo types like retail, construction materials, or refrigerated goods.
Use Load Boards Strategically: Platforms like DAT and Truckstop can help fill gaps in your schedule.
Build Relationships with Brokers: Reliable brokers can help you find consistent loads.
Maintain Your Equipment: Preventative maintenance reduces downtime and costly repairs.
Invest in Insurance Early: Partner with Wexford Insurance to ensure your business is protected from day one.
Final Thoughts
Starting a cargo trucking business requires careful planning, smart investments, and the right protection. With the right strategy and support, you can build a successful operation in a thriving industry.
Contact Wexford Insurance today to get expert guidance and comprehensive coverage tailored to your cargo trucking business needs.
