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 ...
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 ...
This story appears in the July 23 print edition of Transport Topics. A provision in the recently enacted federal transportation legislation aimed at protecting truckers and shippers by dramatically ...
This Letter to the Editor appears in the Aug. 15 print edition of Transport Topics. Click here to subscribe today. There are two points to make here, beginning with a question about road safety: How ...
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 ...
The Federal Motor Carrier Safety Administration has denied a request for exemption from the $75,000 minimum bond requirement now in place for freight-forwarders and brokers. The request, from the ...
Small brokers oppose proposed regs to increase the minimum bond to $100,000 and add other owner-operator protection. The high-profile case of fraudulent freight middleman Kulwant Singh Gill stunned ...
Agency: "Federal Motor Carrier Safety Administration (FMCSA), Department of Transportation (DOT)." SUMMARY: FMCSA amends the regulations pertaining to financial responsibility requirements for brokers ...
Trucking plays a major role in the nation’s economy–according to the American Trucking Association, those big wheels generated $346 billion in gross revenues in the most recently calculated year, ...