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  1. Bond Guy
    Bond Guy is offline Senior Member
    Join Date
    Oct 2007
    Posts
    179

    Illegal Operation?

    Is it "illegal" to broker freight without a bond in place?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    ICC Bonds

    Quote Originally Posted by Bond Guy
    Is it "illegal" to broker freight without a bond in place?
    That's a question best asked to FMCSA (Federal Motor Carrier Safety Administration). If I had to guess, however, I would say yes. You would also be hardpressed to find someone to haul freight for that doesn't ask for proof of your bond.
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  3. don jipping
    don jipping is offline BMC-85 Expert
    Join Date
    Feb 2005
    Posts
    74

    illegal

    You must have broker authority from the FMCSA to broker freight.

    Brokering freight without authority is subject up to a 10k fine per occurence I was told.

    If a carrier takes freight from an un authorized broker they would just be asking for trouble. As there is no guarantee they would be paid.

    don
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