The Kowalski Freight Brokers Safety Act establishes new federal civil penalties and oversight for brokers who hire motor carriers with existing safety violations.
The legislation aims to levy a fine on any freight broker that contracts a carrier with three or more violations on its ...
United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more on its ...
New FMCSA guidance mandates brokers using ineligible trust providers must secure a compliant replacement within a 30-day ...
Whether you’re a motor carrier that works with brokers or you’re thinking of spinning off your own freight brokerage business from your fleet operations, you need to know about surety bonds, also ...
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the freight brokerage market and it is poised to grow by USD 41.47 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period.
The Federal Motor Carrier Safety Administration has published a final rule tightening financial responsibility requirements for brokers and freight forwarders in an attempt to cut down on fraud and ...
LONDON--(BUSINESS WIRE)--Set to grow by USD 41.47 billion during 2020-2024, Technavio’s latest market research report estimates the freight brokerage market to register a CAGR of over 4%. With a focus ...
The freight brokerage business involves arranging transportation services between freight companies and the businesses that require their services. The broker finds the best rates given the type of ...
Throughout the pandemic-influenced years of 2020 through 2022, when demand for trucks soared and capacity evaporated, third-party logistics providers and freight brokers assuaged shippers by simply ...