WHAT IS A PROPERTY BROKER?

WHAT ARE THE REQUIREMENTS OF AN FHWA PROPERTY BROKER

WHAT IS A SURETY BOND

WHY WOULD I USE A BROKER

WHY WOULD A CARRIER NEED TO USE A BROKER TO IDENTIFY SOURCES OF REVENUE

WHAT IS A PROPERTY BROKER?

A term established by the Interstate Commerce Commission of the United States to describe an individual(s), or companies who have met all government requirements for licensing.

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WHAT ARE THE REQUIREMENTS OF AN FHWA PROPERTY BROKER?

A Company or individual must obtain a surety bond and maintain "process service" agents in all 48 contiguous states.

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WHAT IS A SURETY BOND?

A legal document that evidences a broker’s financial ability to compensate a carrier. Normally financial statements are provided to an insurance company who issues the bond in the name of the broker. The FHWA requires the bond to be $10,000 for a transportation broker.

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WHY WOULD I USE A BROKER?

Many companies do not want to allocate their resources to a logistics department. Brokers are experts who are constantly in touch with the trucking industry and have the knowledge to negotiate competitive freight rates without compromising customers delivery specifications.

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WHY WOULD A CARRIER NEED TO USE A BROKER TO IDENTIFY SOURCES OF REVENUE?

The majority of trucking companies are not large enough to afford a sales staff. They depend upon brokers to identify available loads. Many brokers communicate available loads to carriers while on the road, enabling them to operate more efficiently.

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CAMAS TRANSPORT, INC.
PO BOX 230999, TIGARD, OR 97281
503/684-3597 • 800/524-2425 • 503/684-0894 FAX