Recent content by jwsurety

Those legitimate smaller brokers doing loads a bit cheaper sounds like good old fashioned competition. I agree that there are a good handful of unscrupulous brokers that are not deserving of getting a bond and likely should not be in business. However, can be said about any business industry.

Some small brokers (not all) are good business people as well and are just as deserving of getting a bond as some larger companies. Competition is good in a free market.

As mentioned earlier, the FMCSA recently confirmed the surety bond requirement for freight brokers will increase from $10K to $75K on October 1st, 2013. Smaller brokers are concerned with the increase in premium and full collateral many companies are requiring to get the $75K bond, as it will...