Now that the FMCSA’s $75,000 bond compliance grace period ended on December 1st, the FMCSA has stuck to their word and is wasting no time enforcing the increased freight broker requirement.
In the first week, about 7,500 broker authorities have been revoked. It is expected the number of authority revocations will only increase, as some industry professionals estimate that about half of the 21,000+ freight brokers within the U.S. are still not $75,000 compliant.
As of December 3rd, we are still actively writing the $75,000 bond for current and new freight brokers. Don’t wait any longer and have your authority revoked, obtain the bond with:
• A+ rated, Treasury-listed surety
• No collateral
• Lowest rates in the country
• Approvals with good or bad credit
• 99.9% approval rate
Get the bond and keep your authority. Apply directly on our website to get an instant approval.
Category: Commercial Bonds