What is the minimum level of financial security that a broker or freight forwarder must maintain on file with FMCSA?
Answer:
A broker or freight forwarder must obtain and file with FMCSA a surety bond or trust fund agreement in the amount of $75,000 to comply with FMCSA’s financial security requirements. Source: 78 FR 54720, Sept. 5, 2013.
Last Updated : April 8, 2014