New FMCSA rule cracking down on freight brokers who refuse to pay now in effect
A Federal Motor Carrier Safety Administration (FMCSA) rule to increase financial responsibly requirements in order to crack down on unscrupulous freight brokers is now in effect. On November 16, 2023, the FMCSA published a “Broker and Freight Forwarder Financial Responsibility” Final Rule intended to better protect truckers from brokers who fail to pay. “It is...
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