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Freight Broker Bonds - Freight Fowarding


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  #1 (permalink)  
Old 09-04-2008, 03:55 PM
h2o h2o is offline
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Default Freight Fowarding

Is there a difference between a freight broker company and a freight forwarding company?
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Old 09-22-2008, 02:39 PM
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A freight forwarder takes legal possesion of the freight. The FF generally takes in a truckload of widgets and seperates them into many smaller shipments of widgets.
A freight broker never sees the freight. The broker just arranges the movement of freight from pointA to point B

Don
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Old 09-22-2008, 02:48 PM
h2o h2o is offline
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Default Freight Forwarding

Would a freight forwarding company be required to file the BMC-84? Or is that just for freight brokers?
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Old 09-23-2008, 04:41 PM
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Freight Forwarders need to carry cargo insurance. The BMC-84(bond) & the BMC-85(trust fund) are for brokers only.

don
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