"Freight brokers appear unfazed by the collapse in spot truckload rates and the effects of moderating economic activity on demand, contractual rates and gross margins," Bloomberg Intelligence officials said.
FMCSA Revisits Broker Definition and Related Terms
The definitions of freight “broker” and “bona fide agents” of freight brokers are being rethought by the Federal Motor Carrier Safety Administration. Do these terms need to be better defined?