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The comment period for the Federal Motor Carrier Safety Administration’s advance notice of proposed rulemaking on the financial responsibility of freight brokers and forwarders will expire on Nov. 26.
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The Highway Trust Fund is likely to run into the red by September, according to the latest update from the Department of Transportation. In its most recent monthly status report, DOT shows the fund’s cash balance dipping below zero in late August or the first week of September.
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The Intermodal Association of North American has submitted several recommendations to the Federal Highway Administration to increase its focus on the intermodal movement of freight, following the agency recently releasing a draft designating the nation’s Primary Freight Network.
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Former Transportation Secretary Ray LaHood joined the law firm DLA Piper, the firm announced. LaHood will serve as senior policy advisor in the firm’s Washington, D.C., and Chicago offices. Joining him in the move is his former chief of staff at DOT, Joan DeBoer.
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The Federal Motor Carrier Safety Administration’s newest enforcement tool is a shutdown order for carriers that flagrantly disregard the safety rules. Under a final rule to be posted this week, the agency can suspend or revoke the authority of willful repeat violators, and impose civil or criminal penalties.
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The Federal Motor Carrier Safety Administration will hold a public listening session on Jan. 13 in Nashville, Tenn., to solicit ideas and information from interested parties on possible knowledge testing requirements for New Entrant passenger and property carriers, freight forwarders, and brokers.
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In last year’s highway bill, Congress said it wants the Department of Transportation to set a place for freight at the transportation policy table. The first step in that process, defining a highway-based Primary Freight Network, is under way now. It turns out, though, that tracing a Primary Freight Network is not a simple thing.
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The U.S. Department of Transportation proposed a series of key highways to serve as a highway Primary Freight Network, as required by the Moving Ahead for Progress in the 21st Century Act. The notice appeared in today’s Federal Register.
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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 Moving Ahead for Progress in the 21st Century Act (MAP-21), which recently took effect, are about to change this.
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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.
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