December 6, 2013 - Industry News
Nearly 10% of the nation’s freight brokers no longer have their licenses following new federal regulations that took effect requiring a higher bonding amount.
Tags: FMCSA, ATA, TIA, OOIDA, Freight, Brokers, AIPBA
December 3, 2013 - Industry News
A woman has pleaded guilty to charges in U.S. District Court in Macon, Ga., for her involvement in a double-brokering freight scam. On Nov. 20, Pauline Robinson-Kirkland, of Donalsonville, Ga., admitted to mail fraud. She was indicted in July 2012.
Tags: Freight, Brokers, Fraud
November 26, 2013 - Industry News
The Association of Independent Property Brokers & Agents lost a challenge on Tuesday before the U.S. Court of Appeals for the 11th Circuit to delay enforcement of the Federal Motor Carrier Safety Administration’s new broker bond requirement that takes full effect on Dec. 1.
Tags: FMCSA, Brokers, AIPBA
October 23, 2013 - Industry News
The suit by small property brokers against new bond requirements is back in motion after a federal magistrate lifted a stay, clearing the way for legal arguments over moving the matter to federal appeals court.
Tags: FMCSA, Congress, Freight, Owner-Operators, Brokers, Litigation
September 5, 2013 - Industry News
The Federal Motor Carrier Safety Administration is setting an Oct. 1 deadline for compliance with new requirements for brokers and freight forwarders. In a Federal Register notice Thursday, the agency laid out its plan for implementing the terms of last year’s highway law, including a $75,000 bond requirement.
Tags: FMCSA, Insurance, Brokers
July 18, 2013 - Industry News
A group representing small property brokers has sued the Federal Motor Carrier Safety Administration to stop the new $75,000 bond requirement scheduled to go into effect Oct. 1, saying large trade groups are trying to eliminate small broker competition.
Tags: Owner-Operators, Brokers
February 15, 2013 - Industry News
Reaching the highest-ever volume for the month of January, the DAT North American Freight Index increased 42% last month compared to January 2012. Freight volume was unusually robust for the season, exceeding December levels by 24%
Tags: Economy, Freight, DAT, Spot Freight, Brokers
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