Sequel Freight System

Don’t forget that there is a trust fund requirement in Ontario for brokered loads, you can sue the directors of the company personally if they do not hold funds in trust to pay the carrier. Kulbir is the only director of Sequel freight system.

HTA 191.0.1 (3) A person who arranges with an operator to carry the goods of another person, for compensation and by commercial motor vehicle, shall hold any money received from the consignor or consignee of the goods in respect of the compensation owed to the operator in a trust account in trust for the operator until the money is paid to the operator. 2002, c. 18, Sched. P, s. 34.