Securing the freight broker bond is required to operate legally. It functions as a contract to protect both the carrier and the shipper. Whether you’re a motor carrier that works with brokers or ...
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 ...
A freight broker arranges for truck transportation of cargo. The broker does not own the trucks that transports the cargo but acts as a go-between between the shipping company and the trucking company ...
This story appears in the July 23 print edition of Transport Topics. A provision in the recently enacted federal transportation legislation aimed at protecting truckers and shippers by dramatically ...
CHARLOTTE, N.C., Oct. 17, 2023 /PRNewswire/ -- Jet Insurance Company ("Jet") has developed an innovative bond program to provide consistent and sustainable surety credit to legitimate freight brokers ...
CHARLOTTE, N.C., Nov. 28, 2023 /PRNewswire/ -- BondExchange (https://www.bondexchange.com), the leading wholesale surety underwriter, announced an exclusive partnership with Jet Insurance Company (Jet ...
In a victory for motor carriers and responsible freight intermediaries, on November 16, 2023, the Federal Motor Carrier Safety Administration (“FMCSA”) announced a final rule that will ensure that ...
Joining the Association of Independent Property Brokers and Agents in efforts to repeal the increased broker and freight forwarder surety requirements written into last year’s MAP-21 highway bill is ...
Many freight brokers look forward to turning the page on 2025, another difficult year for the trucking industry, but they’re now facing what could be the most consequential regulatory shift in several ...
This Letter to the Editor appears in the Aug. 15 print edition of Transport Topics. Click here to subscribe today. There are two points to make here, beginning with a question about road safety: How ...