Tag: freight brokers

How to Verify a Freight Broker Bond

Post author By admin
Post date October 12, 2011

If you’re new to working with freight brokers, you may be confused about the role of their surety bond. From the Carrier’s standpoint, the surety bond is in place as protection in case the broker refuses to pay for services rendered. Always verify a freight broker’s bond before accepting a load.

Visit the Federal Motor Carrier Safety Administration (FMCSA) website. Go to the Licensing and Insurance section and choose Carrier Search from the drop down menu.

Enter the freight broker’s information. It isn’t necessary to fill out the entire form. If you have the Motor Carrier (MC) or Freight Forwarder (FF) number, no other details are necessary. If you don’t, fill in as much information as you can. Hit “Search.”

Choose the correct broker from the formulated list. Click on “Report.” (HTML shows a snapshot of some pertinent information. Report provides full FMCSA information about the broker in PDF format).

Note the Authorities section. Freight brokers must have current brokerage authority for their surety bond to be valid. Be sure the broker authority listed is active; with no application pending. If the broker authority status is listed as None or Inactive, the company has no current legal standing as a freight broker. Don’t take the load; the broker bond (if any) won’t be enforceable.

Drop down to the Insurance Requirements section. Look for bond insurance. If the freight broker is acting in accordance with federal law, it will list bond insurance as both required and on file. It will also show the current federal minimum requirement of a brokerage surety bond. (Note: Some brokers voluntarily purchase a larger bond. The federal minimum will show regardless of actual bond value).

Look down the page at Active and Pending Insurance. Verify a listing for an active broker bond. (Note: If the freight broker has changed insurance companies, cancelled bonds will also show on this form).

Call the insurance carrier to clarify coverage if desired. Many trucking companies find this step unnecessary, because the insurance company is required by law to notify the FMCSA if coverage ends. However, a short time lag can be possible between a bond lapse and an FMCSA update. If you want to be 100% certain the bond is in effect, note the bond number and use the insurance contact information on the form.

Tags freight broker bond, freight brokers

Freight Broker Course- Shoulder your Success

Post author By admin
Post date April 13, 2011

Our freight broker license course is unmatched in the online training industry, because we give our students many tools that other online broker courses do not offer, like load board access, transportation database, license filing service and we sell our broker courses for half of the price.

With over 5 years in the transportation industry we have developed not just an easy to understand self study freight broker course but a transportation network for you to jump start your freight brokerage career. We cover all these topics in our training program. You will be ready to enter this booming transportation industry and always use our materials as a reference point in the future.Other freight broker training courses only tell you what to do, our freight broker course SHOWS you how to do it. Our freight broker training course was designed by FindFreightloads.com online load board and freight brokers in the industry. Utilizing the load board the course was designed from all aspects of the transportation industry the shippers perspective, carriers needs and the challenges of the truck and property brokers.
What makes us different from the rest?
* We are the only training program that give 1 Year FREE membership with a load board.
* We are the only training program that gives a 350,000 transportation database.
* We are the only training program that has freight broker courses under $900.
* We are the only training program that gives 24/7 Toll Free customer support.
* We are the only training program that gives forms and contracts included in their package.
* We are the only training program that includes license filing support.
* Course has lifetime access, NEVER EXPIRE. Some schools have limits on their course WE DON’T.

Even operating as a small freight brokerage you will need a professional website to give the impression to your clients and shippers that you are an established freight brokerage company. When you market your services to shippers they will want to see your website and more than likely, based on how your website looks, (if you even have one at all) will be one of their deciding factors if they want to do business with you. Your website will be the key to describing all your services, testimonials, and contact information.
So what are you waiting for? Be your own Boss and work at home.Visit us http://freightbrokerscourse.com/.FREE to Register.

Tags freight brokers, load board

Lifestyle Trucker News

Senate bill would raise truck weight limits

Post author By admin
Post date April 9, 2011

Federal truck weight reform legislation that would give each state the flexibility to raise interstate weight limits has been reintroduced in the U.S. Senate.The Safe and Efficient Transportation Act (S. 747) is sponsored by Sens. Mike Crapo (R-Idaho), Herb Kohl (D-Wis.), Susan Collins (R-Maine) and Rob Portman (R-Ohio).Like identical companion legislation pending in the House of Representatives, SETA would give each state the option to raise interstate weight limits selectively from 80,000 pounds to up to 97,000 pounds. The higher limit applies only to vehicles equipped with six axles instead of the typical five. The additional axle would not affect truck size, but would allow shippers to use extra cargo space.

“SETA is a narrowly drawn bill that enables companies to move a given amount of product in fewer vehicles without adding more weight per tire or increasing stopping distances,” said John Runyan, executive director for the Coalition for Transportation Productivity, a group of more than 180 shippers and allied associations backing the legislation.The American Trucking Associations previously has estimated that the trucking industry will haul 30 percent more tonnage in 2021 than it does today. If current weight restrictions remain the same, ATA estimated the U.S. economy will require 18 percent more trucks on the road driving 27 percent more miles than they do now. Runyan said SETA would help correct this imbalance by allowing shippers to reduce truckloads, fuel, emissions and vehicle miles traveled for each ton of freight shipped.

Tags carriers, freight broker, freight brokers, trucking companies

Trucker News

How to become Owner Operator?

Post author By admin
Post date March 20, 2011

Owner operators are those individuals, fleet operators, ship organizations that own and operate commercial vehicles themselves.Being an owner-operator has many advantages. It puts you in charge of your truck-driving career. Your truck your choices of where and when to go and what to haul. But it is also more difficult: you have to keep your truck running, find jobs,cover all of your expenses yourself, there is no carrier to do it for you.

You long for the life of the open road, sitting behind the wheel of your truck, driving across the country hauling loads far and wide. But you want more than to be just a driver for a carrier, you want to be your own boss, and make your own decisions. Being an owner-operator can have many advantages over driving for a carrier. Owner-operators can make quite a bit more money than they would drive for a company. Many successful owner-operators even go on to buy more trucks and hire their own drivers as well, creating their own fleets.

Because you don’t just have a job, you have your own business; you also have to pay for many things that normally a carrier would pay for: health coverage, dental coverage, truck insurance, life insurance, workman’s compensation, etc.Being an owner-operator is a very involved business, far more so than driving a truck. If you want to become an owner-operator, the most important thing is: be prepared. Before you make the step into the world of owning and operating your own truck, make sure that you know what you’re doing. You might be a great driver, but in order to succeed you also have to be a good businessman.

Tags carriers, freight brokers, Owner Operators, Truck Driver Jobs

Freight Brokers Freight Loads

Freight Broker Training Course – How to Become A Freight Broker

Post author By admin
Post date February 26, 2011

The freight broker training program by FreightBrokersCourse.com is a meticulously designed and planned training program by the industry experts. If you are aspiring to become a successful freight broker then, you can lay the foundation of this reaping freight broker business with FreightBrokersCourse.com. The Freight broker course offered here is exceptional when compared to other similar training programs. Our program targets at the comprehensive assistance that is required by new candidates especially when they are new to the industry itself.

The FreightBrokersCourse comes at half the price and double the features of other online broker courses. Moreover, we don’t only sell the course and leave you wandering in the industry. We back you up with our strong transportation network which we have developed in last so many years being in the industry.
The training manual is very easy to understand and outlines all the minute details which you might want to know before you start the freight broker business. This handy manual is a must have as it will resolve many of your queries at different stages while you are in the business. It comes along with the purchase of the course or can be purchased separately. The topics covered in the manual are:
• Freight Broker/Agent job description
• Setting up your business
• Becoming a freight broker
• Members involved in a freight movement transaction & their roles How to find shippers (customers)
• Contacting Shippers
• Shipper Cold Call Script
• Paperwork between broker & shipper
• Approve a shipper for business
• Calculate a freight shipment rate
• Locate trucks to move your loads using load boards
• Make sure a truck is legal & reputable
• Calculate the rate for the truck
• Paperwork between broker & carrier
• Load Tracking
• Billing & Payment
• Step by step guide to freight movement
• Factoring
The most amazing part of the FreightBrokersCourse.com is if you purchase the comprehensive course then we will offer you one year free membership of our leading load board FindFreightLoads.com. The value of this deal is $360 which you get absolutely free. This is the deal which you can get nowhere. This exclusive load board team up will provide you with immediate and effective loads and shipper matching.
Our service not just stops after providing you the required training. We at FreightBrokersCourse.com provide extensive license filing service. We assist in BOC-3 form filing, receiving the Motor Carrier Number (MC#), completing formalities for $10,000 surety bond, searching appropriate insurance agent in all 48 states. This license filing package is included when you purchase the comprehensive course or you can even buy this package separately.
At FreightBrokersCourse.com we will provide you with the needed factoring service to secure your business in any time of financial upheaval. We also offer website designing service to start your full-fledged freight broker business without a loop hole.
With our passion to serve you the best, we have arranged this all inclusive package at an unbelievable price. To know more about our service and products and to learn about our package price do visit the website: http://www.freightbrokerscourse.com. Who knows you are just a step away from your dream career.

Tags authority, bond, broker agent, freight, freight broker, freight broker course, freight broker training, freight brokers, load board, property broker, surety bond, training school, transportation broker, truck broker, Truck Driver Jobs, trust bond

Business

Find a Loadboard for Trucking Jobs

Post author By admin
Post date December 29, 2010
1 Comment on Find a Loadboard for Trucking Jobs

When an owner operator is running his truck to carry the load from one location to another he is more often worried about the returning of an empty truck. The area covered by the truck without any load is termed as dead head miles. Since the trucker or the owner operator might not know the area he is heading to dispatch the load, it is hard for him to personally find any loads that he would carry in his return journey on the empty truck. To combat this situation load boards are becoming very popular these days.
Now with the use of the online load boards the drivers can search for the loads available for their return journey too. All they need is to place the availability of their truck on the particular date with the start and end destination. Load boards are also highly effective for independent truck drivers for example hotshot drivers looking for loads when there truck is not on the road.
Similarly the load board is acting fruitful for the freight brokers and shippers who are looking for the truck drivers to carry their available loads. The shippers can specify the need of the type of trailers and the journey details. Load boards act as a meeting place for the truck drivers and shippers.
Now the question is How to find an efficient load board which works as best load board for you?
Do online research about any load boards and read the testimonials to know about its services. Review the terms and conditions of the load board so that you are in a profitable situation at the end of it all. An efficient load board should be easy to use so that the searches are made quickly and you can go back to the roads in no time. The requirements placed on the load

Tags carriers, freight brokers, hotshot, load boards, Owner Operators, Truck Driver Jobs

Lifestyle Newbies Trucker News

Changing Times for Trucking Transportation

Post author By admin
Post date December 22, 2010

Transportation via trucks in the United States is the primary source of goods and materials transportation means over land. This can be marked as the most interesting and revolutionary period for the trucking sector seen so far. Competition is tougher than ever, quality and services are better than ever. The benefits are equally reaped by big and small fishes in the business owing to the technology advancements and industry awareness. Truck driver employment requires a relatively higher qualification now. Regulations by the highway and other national authorities are getting harder to meet.

The business had very few competitors in the past. Now the things are changing and the trucking industry is facing increased challenges everyday. The train cargo services are expanding their network and reach. Trucking is also the obvious choice for medium to small businesses but some large chains and companies are shifting their trend toward the train cargo services due to decreased time of transportation. Innovative designs of carriages allow the shipping company to carry more loads in a single journey. However the trains have a drawback that they can never overcome, that is they need rail roads to carry goods around. So, quite simply trucks have access to some areas where trains cannot go, yet. To beat the competition the truckers have also implemented their market strategies and provide an easy and convenient option to haul available loads.

In the present tough and turbulent economic times when clients demand more loads to be transferred in less time and with cheaper price, trucking sector is experiencing some down trends. Individuals and their families associated with the business are also affected. Truck driving jobs get reduced when there is comparatively low freight and cargo to be carried.
Many reasons are behind the scene to the present day situation of the trucking section in United States. Cost of fuel in local and international market is attributed as the main cause of the problem. The uncertainty in the fuel pricing makes the business somewhat more risky than usual overall.

Truck driving jobs have become more and more demanding. Authorities and individual carrier companies of goods transportation are imposing tougher regulations and rules for their drivers. In this situation the freight forwarding companies and the freight broker wants to survive and thus their demands for load transporters are getting higher and higher every day. Even if the owner operator uses the truck load boards, the one who bids lowest gets the deal

The most important change in the truck load carrying sector is that now the loads are available online. All truckers are free to bid on their desired load. The competition in the Industry is causing lower transportation rates and also choice to truckers whenever and whatever load they want to transport.

With access to internet in their vehicles the truckers are now available to plan their route to maximize the loads. They have also increased their capacity of load per truck; this affects cost of transportation and gives truckers an edge. Some larger trucking companies have online load tracking facility for their clients. This increases confidence and reliability of the trucking company and of the sector overall.

Tags carriers, find loads, freight brokers, freight forwarder, load board, owner operator, truck driver

Trucker News

CSA 2010: Resentment by the Trucking Associations

Post author By admin
Post date December 20, 2010
1 Comment on CSA 2010: Resentment by the Trucking Associations

The United States three main Trucking Association: the Expedited Alliance of North America (TEANA), the National Association of Small Trucking Companies (NASTC) and the Air and Expedited Motor Carrier Association (AEMCA), who own fleets more than 3,000 in number has filed a lawsuit in the court to review the rules and regulations as imposed and stated in the FMCSA’s CSA2010 legislation. The suit has been filed in the United States Court of Appeals. The association wants that the FMCSA release of these safety regulations should be permanently rejected by the court as they do not approve of the safety methods laid down by the FMCSA’s CSA 2010 release.
The court has previously rejected the Trucking Association’s plea to release a temporary hold order so that they could avoid the release of the CSA2010 safety regulations before time. This injunction was filed by the association earlier this month. Due to the fast movement of actions the Federal Court has agreed to hear both parties on the issue to release an order against FMCSA’s Comprehensive Safety Analysis initiatives. In their appeal the trucking associations emphasized that the FMCSA fails to understand the impact that this legislation will have on the small trucking companies and owner operator jobs.
The monitoring and the records will be open to public on the CSA website. This will enable all the reports for any carrier or truck driver available for the public to ponder on it. All warnings, accidents, safety implications and others will be updated online for every incident. This measure is beneficial for shipping company as they can use the data to judge on who should be employed to carry their available loads. The FMCSA and other government authorities would work in close compliance to report the statistics on Behavioral Analysis and the Safety Improvement Categories.
The trucking companies who are renting over their trucks to other carries and freight brokers were worrying on the issue of the secondary liability for past so many years The FMCSA regulates the actions of the logistics and trucking company’s so as to check their vicarious liability and the rules are set so that the freight brokers and the shippers do correct hiring of the truck driver or the freight carrier company. Now the selection of the service provider will have to be very accurate. This is one of the major causes of resentment among the Trucking association as they will be obligated to select the freight brokers, intermodal drivers, logistics and trucking companies with a high score on CSA safety rules. They are bound to implement this measure as they would not want any extra liability on them because of the poor scores of the service providers. To avoid the liability as a third party logistics the rules set by the FMCSA has to be taken into consideration. You can obviously find a pool of competent truck drivers and related companies on the load boards meant for finding the perfect load and driver match.
For the meantime the court has overruled the trucking association plea as being ‘forecasted’ and ‘predicted’ damages by the CSA 2010 legislation by FMCSA.