FMCSA’s Critical Push for Unauthorized Brokerage Penalties: 7 Key Enforcement Updates
FMCSA seeks authority to impose unauthorized brokerage penalties, addressing double brokering and HHG violations in 5 critical updates.
Tagged: Brokers
The Stark Reality of Convoy Trucking Collapse: A Tale of Disruption and Despair, Featuring 8 Key Insights
Explore the detailed narrative of the Convoy Trucking Collapse, its impact on the freight industry, and the unforeseen consequences for truckers and startups alike.
Unmasking the $800M Brokerage Fraud Epidemic: A Call for Urgent Action
Dive into the heart of the brokerage fraud epidemic plaguing the transportation industry, costing stakeholders $800M. Discover why urgent action and transparency are crucial for the future of the supply chain.
5 Key Changes to Freight Broker Rules: Unveiling FMCSA’s Proposed Rule for Better Compliance
Discover the Freight Broker Rules proposed by FMCSA to enhance financial security requirements and compliance for freight brokers and forwarders.
‘Broker’ Definition Under Review
What, exactly, is a freight broker? Broker definition under review, FMCSA defines it as “a person or an entity that arranges for the transportation of property by a motor carrier for compensation. A broker does…
Hub Acquires Choptank Transport
Transportation giant Hub Group Inc. said it has acquired truck brokerage Choptank Transport Inc., which specializes in refrigerated transportation, for $130 million in cash, a move that puts Hub in the over-the-road reefer business for…
Truckers Unite Against Freight Broker
A coalition of trucking companies filed a petition in May to force an Indianapolis, Ind.-based freight brokerage into Chapter 7 bankruptcy proceedings for unpaid transportation services. The involuntary Chapter 7 bankruptcy petition, filed in U.S…
Convoy Names New COO
Mark Okerstrom, previously chief executive officer of Expedia Group, has been named chief operating officer of Convoy, company officials announced recently. Based in Crossett, Ark., Covoy is a transportation logistics company. “Shortly after meeting Mark…
Amazon Rolls Out Freight Brokerage
Amazon last month rolled out its freight brokerage operation nationwide, a strategic move that not only brings the company into competition with other large digital brokerages like Uber Freight and Convoy, but also is intended…
Freight Brokers Drawing Scrutiny
The Owner-Operator Independent Drivers Association (OOIDA) wrote to Congress in May asking for intervention to make sure that freight brokers are paying truck drivers fairly. For several weeks, truckers across the country have been demonstrating
