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freight brokers bond renewal

It’s that time of year again, when it’s time to talk about freight broker bond renewal. Two years ago it would’ve been a rare occurrence for most freight brokers’ deadlines to align at the same time. However, many of you will remember the controversial MAP-21 law passed in 2013. It upped freight brokers bond amount and set a nationwide deadline of Oct.

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freight broker work life balance

Work-life balance has become one of the central issues of the 21st century. It’s an idea praised and discussed in countless articles, meetings, and studies. But in most jobs, the basics are fixed and there’s only so much you can do to change them. The problem is that the right balance between work and the rest of life is different for everyone.

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freight brokers surety bond

According to some industry estimates, half of the 21,000 freight brokers in the States are still not compliant with the new $75,000 surety bond requirement. More importantly, after the 60-day grace period ended on Dec. 1, close to 3,000 have had their licenses revoked.

The previous bond requirement was set at $10,000.