Tag: broker bond: Page 2

Business

Bond co. owner indicted for defrauding motor carrier trust funds

A federal investigation that began four years ago following a request by the Transportation Intermediaries Association has resulted in the indictment of a California bond company owner on charges of defrauding motor carrier trust funds.

February 7, 2014

Business

Broker group continues push against bond increase, files for exemption for all brokers

AIPBA has filed an application with FMCSA asking it to exempt all brokers from the increase. The group has also been fighting the bond increase in court.

December 26, 2013

Business

Another take on broker bond increase: TIA says impact on brokers, industry will be minimal

The dropping numbers of brokers in FMCSA’s database doesn’t tell the whole story, says a TIA rep, and the impact of the broker bond increase on the trucking industry will be minimal, he added.

December 11, 2013

Business

35% of brokers have authority revoked in bond increase measure, broker group says

In a number that’s been increasing every day since Dec. 1, 7,561 freight brokers are now shut down due to their failure to comply with bond increase required by the MAP-21, says James Lamb, AIPBA president.

December 10, 2013

Business

Broker numbers fall following bond increase, broker group appealing mandate

A broker trade association is appealing a new regulation that changed their minimum bond requirement from $10,000 to $75,000, which it says already has shut down 2,768 brokers not in compliance by Dec. 1 deadline.

December 6, 2013

Business

Brokers lose court bid to stop Dec. 1 bond increase

A federal court has denied a broker trade association’s motion to halt an increase in the surety bond from $10,000 to $75,000.

December 2, 2013

Business

Broker organization sues over hike in bond requirement

AIPBA alleges FMCSA violation of the Administrative Procedure Act, given the agency did not conduct rulemaking to raise the minimum required broker bond from $10K to $75K, slated to go into effect October 1.

July 19, 2013

Business

How-to: File against a broker’s bond

Federal rules pertaining to broker surety filings are in flux following congressional action last year that raised the minimum bond from $10,000 to $75,000. Still, basic procedures for filing are expected to remain.

March 8, 2013

Business

Broker bond increase challenge gets new backer

The National Association for Minority Truckers has joined the Association of Independent Property Brokers and Agents in calling for legislative repeal of increased surety requirements for brokers and freight forwarders.

February 26, 2013

Voices

Readers react on broker regulation, rates, GPS, truck loans

Rounding up reactions to recent coverage of a variety of issues at OverdriveOnline.com, in the magazine and on the Overdrive Facebook page.

October 24, 2012

Channel 19

Ken Lund: 75K broker bond no ‘large broker’ move

A Transportation Intermediaries Association board member objects to characterizations of the the organization as serving the interests only of large brokerages.

October 2, 2012

Channel 19

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 […]

July 16, 2012