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FMCSA seeks feedback on the broker and forwarder regulations

10/26/2018 10:41 AM | Anonymous member (Administrator)

With its recent “advance notice of proposed rule making,” the Federal Motor Carrier Safety Administration (FMCSA) is seeking to invoke tough new financial responsibility requirements on freight forwarders and brokers. New rules, including suspension and revocation of licenses, would punish brokers and forwarders who fall below $75,000 of federally required surety bonds. Brokers and forwarders have until Nov. 27 to provide comments and suggestions to help the FMCSA in implementing fair and efficient regulations.

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