As FMCSA confirms October 1st as the deadline for freight brokers to obtain a $75K bond, it is important to stay compliant so as not to receive notice if the bond is not secured. FMCSA stated that this "increase in financial security for freight broker bonds must be placed by October 1st." Otherwise, any broker or forwarder found to be non-compliant will not be able to retain their licenses. Proof of bonding is a pre-requisite to licensing, so make sure your $75,000 freight broker ...
Updated 11-04-2013 at 03:28 AM by Marie