MENU
SEARCHMENUSEARCH
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.
Read More →As of Oct. 1, all FMCSA-registered freight brokers and forwarders must have proof of a $75,000 surety bond or trust fund. While much has been reported about the FMCSA’s 60-day phase in period, the fact remains you need a $75K bond or trust in place now in order to legally operate.
Read More →The transportation law, MAP-21, upped the financial security requirements for freight brokers and forwarders to $75,000. The law offers options for the new financial security requirement, but specifics are not always clear. With the FMCSA deadline approaching in just a week, here is some information on an option for small- to mid-size brokers and for carriers who also act as brokers.
Read More →
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.
Read More →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.
Read More →
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%
Read More →