FMCSA Proposes New Freight Broker and Freight Forwarder Financial Rules
The Federal Motor Carrier Safety Administration (FMCSA) has issued a Notice of Proposed Rulemaking (NPRM) to implement financial responsibility policies for freight brokers and freight forwarders. The proposed changes, FMCSA asserts, would benefit motor carriers when dealing with the small percentage of brokers and freight forwarders who do not meet