Association of Independent Property Brokers and Agents

Small brokers reload on $75K bond

Small brokers group AIPBA planning court challenge to the new $75K broker/freight forwarder surety bond requirement.

Read More

ATTN brokers: Poll on broker bond being circulated

The Association of Independent Property Brokers and Agents is circulating a poll on LinkedIn meat to probe thoughts of current members of the Transportation Intermediaries Association on the highway bill measure to increase the minimum broker surety bond requirement to $75,000. We reported on the measure as it was in conference between House and Senate and set to raise the bond to $100,000, an amount both the TIA and Owner-Operator Independent Drivers Association favored. The AIPBA ...

Read More

More on broker bond increase, highway bill

Given the June 30 hard deadline for the highway reauthorization negotiations ongoing between House and Senate, it's likely that any highway bill that successfully emerges, whether longer term or another six-month-or-more extension of current priorities, is more or less already finished. Regardless, following my last post on the issues of the EOBR mandate and broker surety bond minimum increase included in the Senate's MAP-21 two-year reauthorization, James Lamb, president of the Association of Independent Property Brokers ...

Read More

Beefing Up the Bond

Small brokers oppose proposed regs to increase the minimum bond to $100,000 and add other owner-operator protection.

Read More

Brokers: Highway bill unlikely prior to election; more on the bond issue

        With news of President Barack Obama's threat to veto any highway reauthorization or extension bill that comes to his desk with authorization of the Keystone XL Pipeline included, as it is in the House version that passed the Rules committee earlier in the week, came my conversation with James Lamb, head of the Association of Independent Property Brokers and Agents, earlier this week. Lamb said that according to his sources the Hill, given the general ...

Read More

The debate over fighting broker fraud

The high-profile case of fraudulent broker Kulwant Singh Gill, who last week was sentenced to 11 years in prison and ordered to pay restitution to his carrier victims, has owner-operators and industry watchers debating just how to solve the problem of fraud in transportation for once and all. A big part of that debate is a piece of legislation, H.R. 2357, or the Fighting Fraud in Transportation Act, that was introduced in this session of ...

Read More