Here it is January of the New Year and you promised your boss that you were going to sit down and review your list of vendors. Or worse, your longtime freight broker has suddenly gone out of business, a roadkill victim of the new MAP-21 legislation recently mandated by Congress. In this article, we take […]
New MAP-21 Law Threatens to Revoke Many Freight Broker’s Licenses Update (12/11/13): As of today, the FMCS has revoked over 3,500 broker licenses, representing over 30% of all licensees. As we have written about previously here, the new MAP-21 law poses a serious threat to many smaller freight brokers throughout the country. While last ditch […]
New $75K Broker Bond Law Could Raise Shipping Rates This Fall While you were busy enjoying your summer last year, Congress quietly passed legislation known as Moving Ahead for Progress in the 21st Century (MAP-21) Act, on June 29, 2012.?? Shortly thereafter, the program was signed into law by President Obama.?? Ho-hum, you say??? Just […]
