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Dose at trucking company require a load broker certifacate and if not where can I find that informations
Broker Certifacate
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A trucking company DOES NOT require a broker's license UNLESS he will be brokering freight from Canada to the US or from the US to Canada.
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Carriers should be asking for trade and bank references and they should have a look at credit reports that are readily available. If they cannot provide a proof of bond then don't do business with them...
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No..you need the bond and license for any freight that involves the US.. domestic or international.
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And the million dollar question is how many carriers and brokers actually have one I don't and I will sell off excess freight the same as any other carrier.
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The answer to the million dollar question is simple - it's OK till you get caught, which in my experience is unlikely.
I think you will find that most reputable brokers do have their US property brokers licence and would be willing to send a copy of both the licence and the surety bond if requested. Why some freight companies don't have these is anybodys guess. I have found that most US based carriers do ask for these documents before they will haul any freight for you.
I think you will find that most reputable brokers do have their US property brokers licence and would be willing to send a copy of both the licence and the surety bond if requested. Why some freight companies don't have these is anybodys guess. I have found that most US based carriers do ask for these documents before they will haul any freight for you.
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If you are a carrier and hold a common carrier authority from the FMCSA, you DO NOT require a broker's license if you are brokering freight in lanes that you are permitted to serve under your common carrier authority.
If you are a carrier and hold a contract carrier authority, you must hold a Motor Carrier Property Broker license.
A MCPB can choose to either have in place a Surety Bond for $10,000, or a trust account where the financial institution guarantees $10,000. The major differemce is that in the event of a shipper defaulting on payment to the broker, the broker is on the hook under the Surety Bond, but off the hook on the Trust Account (as no trust is created due to the non-payment by the shipper)
If you are a carrier and hold a contract carrier authority, you must hold a Motor Carrier Property Broker license.
A MCPB can choose to either have in place a Surety Bond for $10,000, or a trust account where the financial institution guarantees $10,000. The major differemce is that in the event of a shipper defaulting on payment to the broker, the broker is on the hook under the Surety Bond, but off the hook on the Trust Account (as no trust is created due to the non-payment by the shipper)
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Loaders is right...most US carriers will ask for the license and bond..don't have those you're SHOL as far as getting a US truck. Here in Canada we have many brokers who have no US bond yet tender freight to/from the US using Canadian carriers who should know better. Getting caught for anything is unlikely..Insurance is a complete waste of money....until you need it.