Brokers, 3PLs Raise Share of LTL Freight Shipments
Freight brokers and third-party logistics companies are making inroads in the less-than-truckload market, a trend that reflects the desire by those firms to expand and diversify beyond traditional truckload markets, according to industry analysts.
April 8, 2013Broker Bond Clash Continues After Law Sets Higher Minimum
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 controversy.
July 23, 2012Letter: Higher Broker Bonds
I am writing today regarding the June 18 Opinion titled “Higher Bonds Still Not the Answer” by Daniel Larson, president and chief operating officer, Pacific Financial Association Inc.
July 2, 2012Letters: Tinted Windows, Crash Data, Broker Liability
You may want to clarify the following statement from the news item titled “Trucks May Have Tinted Windows, Group Says,” which ran in the April 6 edition of TTNews.com: “Truck owners are allowed to tint the windshields and side windows of a truck’s cab, which could protect drivers from harmful sunlight, the International Window Film Association said.”
April 23, 2012Provision in Senate’s Transport Legislation Would Raise Broker Surety Bond to $100,000
A provision in the Senate transportation bill would raise the surety requirement for freight brokers to $100,000 from $10,000.
March 28, 2012Registration Paperwork Too Long, Confusing, Carriers, Brokers Tell FMCSA
Trade organizations representing motor carriers and freight brokers generally backed a federal move to streamline the federal registration process, but complained that the registration form is too long and complicated for many in the industry.
January 9, 2012Letters: Broker Woes
I’ve read many articles on the proposed increase in bonds. It is clear there is a need to “shake out” the bad guys, but who is going to do that? The bad guys will remain or learn a new scam, and the honest guys will continue to pay more in bond fees and freight rates.
August 8, 2011Keep Trucking, Broker Units Separate, Attorneys at ATA Conference Advise
PHOENIX — Trucking companies with brokerage units should organize the two divisions separately, a panel of attorneys said at a recent meeting here.
July 5, 2011Letters: Broker Surety Bill Redux, Recruitment Claims
Without small brokers serving the industry, independent truckers would be at the mercy of a small, powerful group of large property brokers to secure their loads on the backhaul.
June 6, 2011TIA Joins With ATA, OOIDA to Support Broker Surety Bill
In an unusual display of unity, the Transportation Intermediaries Association has joined forces with the two largest trucking trade associations to support anti-fraud legislation that would raise the freight broker surety requirement to $100,000 and require separate broker and carrier licenses.
April 20, 2011