The freight broker agency must possess a freight broker bond before FMCSA will issue a valid license to operate. This provides the necessary assurance to the principal, surety and obligee.

A provision in the recently enacted federal transportation legislation aimed at protecting truckers and shippers by dramatically raising the bond freight brokers must pay has ignited a storm of ...

We reached out to J.D. Weisbrot, managing director of Risk Strategies’ commercial surety division, for more information on broker bonds and what a motor carrier can do in this situation ...

The U.S. Department of Transportation Federal Motor Carrier Safety Administration requires a freight broker to post a surety bond of at least $10,000.

Agency: " Federal Motor Carrier Safety Administration, Department of Transportation." Expiration dates: Section 387.307 T, which contains the current regulations on broker of property surety bonds ...

This final rule outlined the procedures and responsibilities for a surety company or financial institution once the company or financial institution has become aware that a broker or freight ...

Surety One, Inc. Eyes Expansion in to Canada Surety One, Inc. of Puerto Rico seeks corporate authority and licensing to offer surety bonds in Canada. April 29, 2016 06:32 PM Eastern Daylight Time ...

A provision in the Senate transportation bill would raise the surety requirement for freight brokers to $100,000 from $10,000.