Years and Years ago I had my own authority.I'm not doing this anymore, as, unless you have the time to hunt down your own loads,and yes I know about the load boards,but if I'm going to compete with other trucks for the same loads,I may as well just be leased to a company,no matter whom it is.There are cases where owners have never been paid what they were offered,you usually dont get the FSC,and in the expedite world,just your getting the left over loads,that the leased trucks dont want.There are some advantages, you can pick where you want to go,and you may feel you have more freedom,but when you pay for your insurance programs,you load board contacts,your permitting,and all the little odds and ends no one speaks of,for me it's just not worth it.
A few years ago when FECC cut my lease for safety reasons,I was going to get my own authority.When I played with all the numbers,I decided to go with Con-Way Now,even though this turned out to be a mistake,I'm not sure having my own authority would have turned out any different.Of course i'm in a tractor,and unless you actually get into the LTL world,or a true expedite load,the pay scale really sucks for truck load rates