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HUB International TRANSPORTATION Insurance
British Columbia’s leading source of Transportation insurance solutions
When you bring your business to our TRANSPORTATION specialists at HUB International Insurance Brokers, you receive the combined power of our vast global resources and solid local relationships. Our longstanding relationships with the best providers in the business allow us to deliver the solution that serves you best. With HUB, you can run your business knowing that you are headed in the right direction.

$75,000 Surety Bond Now a Requirement for Canadian carriers Acting as Brokers for US-Hauled Freight

The US Federal Motor Carrier Safety Administration Counsel (FMCSA) has confirmed that carriers who act solely as freight brokers between Canada and the US and within the US are required to obtain and file a surety bond or trust fund agreement with the FMCSA in the amount of US$75,000.

Furthermore, with the FMSCA expecting to require each registered entity to have its own USDOT number in the future, an entity could have both broker and motor carrier authority under that one USDOT number. Motor carriers and brokers that are separate entities would each have a separate USDOT number.  

For more details please see the September 5th, 2013, Federal Register Notice.  For carriers looking to apply for broker authority please visit www.fmcsa.dot.gov. 

 

Tia Chisholm, HUB International TRANSPORTATION

HUB International TRANSPORTATION specialists are based in Vancouver. Our longstanding relationships with the best providers in the business allow us to deliver the solution that serve you best. With HUB, you can run your business knowing that you are headed in the right direction.

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