A freight broker arranges for truck transportation of cargo. The broker does not own the trucks that transports the cargo but acts as a go-between between the shipping company and the trucking company ...

Whether you’re a motor carrier that works with brokers or you’re thinking of spinning off your own freight brokerage business from your fleet operations, you need to know about surety bonds, also ...

CHARLOTTE, N.C., Nov. 28, 2023 /PRNewswire/ -- BondExchange (https://www.bondexchange.com), the leading wholesale surety underwriter, announced an exclusive partnership with Jet Insurance Company (Jet ...

Brokers, freight forwarders and nonvessel operating common carriers, or NVOCC, are required by federal law to carry a surety bond in the event they fail to pay the carrier that performs the move on ...

Manteca, California-based Gill Freightlines small fleet owner Surinder Gill's family's trucking lineage traces back through 60 years of OTR work done by his father, Gurmail Singh Gill, over well more ...

CHARLOTTE, N.C., Oct. 17, 2023 /PRNewswire/ -- Jet Insurance Company ("Jet") has developed an innovative bond program to provide consistent and sustainable surety credit to legitimate freight brokers ...

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 ...

Joining the Association of Independent Property Brokers and Agents in efforts to repeal the increased broker and freight forwarder surety requirements written into last year’s MAP-21 highway bill is ...

Many freight brokers look forward to turning the page on 2025, another difficult year for the trucking industry, but they’re now facing what could be the most consequential regulatory shift in several ...

The freight brokerage business involves arranging transportation services between freight companies and the businesses that require their services. The broker finds the best rates given the type of ...