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Tag: bond
Business
FMCSA takes steps toward immediate suspension of insolvent brokers, seeks industry feedback
The Federal Motor Carrier Safety Administration seeks feedback on its proposed rule regarding brokers and freight forwarders with inadequate surety bonds.
September 26, 2018
Business
Broker group’s bond exemption request denied
FMCSA: “Granting an exemption to all brokers and freight forwarders would flout a clear and recent congressional directive and statement of the public interest,”
March 30, 2015
Business
Highway bill compromise raises broker bond to $75,000
Language in the tentative agreement raises the surety bond minimum to $75,000 from $10,000, where it had been since the deregulation era.
June 28, 2012
Channel 19
OOIDA on bond increase: Large brokers not the problem
I spoke to Owner-Operator Independent Drivers Association Executive Vice President Todd Spencer about the broker minimum bond increase issue earlier this week. The conversation followed posts to the blog looking at opposition to the measure (to raise it from $10,000 to $100,000) from small brokerages and their advocates, who have been reaching out to owner-operators […]
April 27, 2012
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