The Federal Motor Carrier Safety Administration has proposed changes to freight broker and freight forwarder financial responsibility requirements, addressing the problem of brokers that don’t pay ...
Freight brokers, like trucking companies, have traditionally represented the American spirit of independence and entrepreneurship. Some people, however, fear that the changes brought about by the ...
The U.S. Court of Appeals for the Seventh Circuit ruled a freight broker isn't liable for an accident and injuries caused by its independent contractor driver and carrier, denying a plaintiff's ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Cincinnati-based freight ...
If you've found this story, know that you're not the first carrier to have found yourself unpaid for loads hauled for a broker or freight forwarder that has gone broke or, in other cases, had no ...
The freight brokerage industry, once driven by venture capital funding, is grappling with a changing financing landscape and liquidity challenges. Brokers who borrowed against accounts receivable (AR) ...
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Nearly 9,000 freight jobs cut as 20 states hit hard
The freight industry is grappling with a significant downturn as nearly 9,000 jobs have been cut, marking the largest loss in years for 20 states. This wave of layoffs, which began to intensify in mid ...
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