The Federal Motor Carrier Safety Administration has proposed changes to freight broker and freight forwarder financial responsibility requirements, addressing the problem of brokers that don’t pay ...
Becoming an owner-operator can be both exhilarating and scary. While you can enjoy operating your own business without having to answer to an employer, you'll also need to worry about obtaining loads ...
Freight brokers, like trucking companies, have traditionally represented the American spirit of independence and entrepreneurship. Some people, however, fear that the changes brought about by the ...
If you've found this story, know that you're not the first carrier to have found yourself unpaid for loads hauled for a broker or freight forwarder that has gone broke or, in other cases, had no ...
Beginning Oct. 1 anyone acting as a broker or a freight forwarder, including motor carriers who broker loads, are required to register and obtain broker or freight forwarder authority from FMCSA.
The freight brokerage industry, once driven by venture capital funding, is grappling with a changing financing landscape and liquidity challenges. Brokers who borrowed against accounts receivable (AR) ...