Whether you’re a motor carrier that works with brokers or you’re thinking of spinning off your own freight brokerage business from your fleet operations, you need to know about surety bonds, also ...
Freight brokers, like trucking companies, have traditionally represented the American spirit of independence and entrepreneurship. Some people, however, fear that the changes brought about by the ...
Even BMC-85 trust funds must now consist of cash or cash equivalents. The post FMCSA’s tighter bond enforcement looms over ...
The Federal Motor Carrier Safety Administration will propose a rule Thursday that will, if made final, set criteria by which the agency could immediately revoke the operating authority of brokers and ...
The Federal Motor Carrier Safety Administration on Tuesday announced it is extending the comment period for a notice of proposed rulemaking (NPRM) offering rules to change broker and freight forwarder ...
Federal trucking regulators are seeking comments on a petition filed by the Small Business in Transportation Coalition asking for a five-year exemption from the $75,000 surety bond or trust fund ...
CHARLOTTE, N.C., Oct. 17, 2023 /PRNewswire/ -- Jet Insurance Company ("Jet") has developed an innovative bond program to provide consistent and sustainable surety credit to legitimate freight brokers ...
Americans fork over $1.75 trillion each year to comply with federal regulations, according to estimates from the Small Business Administration Office of Advocacy. Thousands of independent freight ...
FreightCenter.com increases its surety bond to a newly proposed maximum of $100,000, further demonstrating its pledge to protect the freight transportation industry against fraud. As certified by the ...