35% of brokers have ...

TweetThe number of freight brokers disappearing from the federal rolls has been increasing by the hundreds every day since Dec. 1, following the new requirement to carry a $75,000 bond, boosted from $10,000 by the MAP-21 highway funding act passed last year. Today, 35 percent of brokers in...

Thousands of brokers...

TweetThe number of brokers registered with FMCSA may be dropping — coming on the heels of the enforcement date of the increase in the minimum surety bond required for brokers to carry — but some of the numbers being tossed out don’t represent what’s actually happening, said Chris...

Illegal Brokerage Am...

TweetOn October 1, the FMCSA issued a Final Rule that adopts regulations required by MAP-21. The rule includes the provision which sets a minimum financial security of $75,000 for brokers and freight forwarders, including carriers that occasionally broker loads. In the Final Rule, the FMCSA...

Freight Broker Licen...

TweetA freight broker, also called a broker authority or freight broker agent, is a domestic transportation expert who is knowledgeable about the logistics of cargo shipment of manufactured and distributed products. A freight broker company arranges for transportation of trade cargo by...

Cargo Freight Compan...

TweetLogistics A big part of starting a cargo freight company is figuring out logistics and costs for moving cargo. Analyze the cost of shipping cargo within the United States by land and water, and into foreign countries. This includes accounting for customs, freight duties and cost of...

Trucking Firm Owners...

TweetThe owners of a southwest Missouri trucking company have been convicted in a conspiracy that defrauded boat maker Tracker Marine of at least $924,000. A federal judge on Wednesday found James Keith Ivey and his wife, Melinda Kay Ivey, guilty on numerous counts including fraud and money...