In the modern world, running a business is not easy and especially with all the strict
obligations and rules to follow, it becomes quite a hectic thing to maintain.
If you are in the transportation business, you have a lot of things on your
table for sure. One of them is what we will be discussing today; the entire
fiasco of BOC 3 form and process agents.
In the United States, the entire transportation industry has is controlled by
FMCSA (Federal Motor Carrier Administration). This is the authority that makes
sure that the industry is working by following all the rules and regulations.
Moreover, the important part of its job is to make sure that all businesses are
legitimate in every manner. This is why every hauler company in the states
has to have the BOC 3 and only a registered process agent can file that for the
company.
If
we had to explain a Process Agent by the definition then we can say that “a process agent is a representative of a company who provides all the legal information and documents of that company,
on request by the authorities.” Similarly, BOC 3 by definition is the “legal
form filed by the authority to a hauler as a permit to carry out business in
different states.”
Basically,
for any freight forwarder or hauler to work in states, having BOC 3 form is
necessary. The process of getting a BOC 3 form is that your designated process
agent will take all the necessary details of your business and submit them to
FMCSA. Then, FMCSA will approve the form and hence, you will be officially
allowed to operate your business in all the states that you want. And if in the future, there are any changes in the policies of the government or if any legal
document of your business is required by the authorities, your process agent
shall deal with it on your behalf.
The
benefit of hiring a process agent is that for one, your business will be
handled more efficiently with someone to take care of legal issues and two; you
will be able to focus on the operational area with stability. Moreover, if
there are changes in your own business, which are important to be forwarded to
the authorities, your process agent will handle that part as well. He will make
sure that complete and correct information is being provided to the authorities
to avoid any lawsuits or interruptions in business operations.
You
will have a process agent for each state in which you operate and this also
includes the states you just pass through. However, you can also get blanket
coverage; one process agent for all the states. This will help you save time and
money; this way you will have more efficiency.
Looking
for a professional process agent in
the area? Hire A+ Plus Agents of Process
Inc. to make things easier for yourself. When you have them by your side,
your business will work with a high level of proficiency.
