JW Surety Bonds will be closed at 12:00 p.m. Tuesday, December 31st and will remain closed through Wednesday, January 1st. We will reopen Thursday, January 2nd at 9:00 a.m. EST. We wish… Read more »
Surety Bonds Blog
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Active Freight Broker Filings Hit 2013 High
Despite MAP-21 and the $75,000 bond requirement that went into effect Oct. 1st, 2013, freight broker filings have continued to increase. In fact, broker registrations are the highest they have… Read more »
Active Freight Brokers Increase Despite Pending Map-21 $75,000 Bond Requirement
Many within the transportation industry have argued that MAP-21’s bond increase to $75,000 would put many brokers out of business due to an unobtainable bond requirement. According to statistics provided… Read more »
FMCSA Revokes 7,500+ Freight Broker Authorities
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… Read more »
Carriers: Beware of Freight Brokers Operating Without Surety Bonds
The FMCSA has stated it will not allow freight brokers to legally operate without a freight broker bond or trust in place. Because of the confusion surrounding the 60-day grace… Read more »
FMCSA Sends Out Revocation of Authority Letters To Freight Brokers
Freight brokers throughout the country are beginning to receive “Revocation of Authority” letters from the FMCSA. There is no need to panic, as this is all part of the process… Read more »