broker

Business

TIA 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
Business

TIA Pushes for a Crackdown on Brokers that Fail to Provide Enough Bond Money

The Transportation Intermediaries Association is pressing the Federal Motor Carrier Safety Administration to shut down more companies that fail to provide adequate funds to reimburse fleets when brokers fail to pay carriers.

September 6, 2010
Business

Finding a Load: Brokers Use New Tools to Manage Capacity as Freight Shipments Continue to Increase

As the recession appears to be waning and freight shipments increase, trucking-related firms such as the Allen Lund Cos. say they are seeing a shift in the loads-procurement marketplace, while others — including Con-way’s brokerage unit — are turning to new technological formats to find cargo in need of transportation.

July 12, 2010
Business

TransCore Sees Its Busiest May in 10 Years

TransCore Holdings, a major electronic load board operator, reported a tripling of activity across its U.S.-Canadian network in May, calling it the busiest May the company has seen in 10 years.

June 30, 2010
Business

Senators Introduce Bill Targeting Fraud Within the Freight Brokerage Business

A pair of U.S. senators introduced legislation last week aimed at curbing fraud by unscrupulous freight brokers.

June 21, 2010
Government, Business

Senators Introduce Bill to Curb Broker Fraud

A pair of Senators introduced legislation Tuesday aimed at curbing the fraud by unscrupulous freight brokers.

Sean McNally | Staff Reporter
June 15, 2010
Letters to the Editor, Business

Letters: Trucking’s Future, Broker Controversy

By now, everyone involved in trucking has experienced in some way a shortage of truck availability — and we’re only in the beginning of the second quarter. Transport Topics’ April 26 issue had a front-page story on fleet failures that quoted some interesting statistics: More than 7,100 carriers have been lost since the middle of 2008, with 730 failing during the first quarter of 2010.    

May 24, 2010
Letters to the Editor, Business

Letters: Broker Wars Redux, Rate Setting, Snow-Removal Law, Trucks Pay Their Way

I noticed a letter in the April 26 issue where the writer was protesting the move to raise the property broker bond from the laughable $10,000 to a more responsible amount of at least $100,000.

May 17, 2010
Government, Business

Brokers Warned of Surety ‘Trust Fund’ Scam

TUCSON, Ariz. — Brokers attending the 2010 Transportation Intermediaries Association convention and trade show here were warned to beware of financial services firms that allow them to skirt federal requirements that they post a $10,000 surety bond.

Eric Miller | Senior Reporter
April 13, 2010
Business

Third-Party Sector Faces Profit Margin Pressure

Brokers are facing a number of critical new challenges as the economy recovers and government intervention threatens the business environment, industry experts said.

April 5, 2010

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