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Freight broker bond : ウィキペディア英語版
Freight broker bond

In order to get or renew their license, freight brokers and freight forwarders in the United States must get a freight broker bond.
In the United States, freight broker surety bonds are required by the Federal Motor Carrier Safety Administration (FMCSA). Their role is to guarantee that the broker will operate according to their agreements with shippers and motor carriers. If a freight broker does not comply with their contract, the carrier or the shipper may file a claim.
The three parties to the agreement are:
* Principal: the freight broker
* Obligee: the party requiring the bond (FMCSA)
* Surety: the surety company
A freight broker bond is also known as a BMC-84 surety bond, trucking surety bond, transportation broker surety bond, or property broker bond. FMCSA use the term "property broker" instead of freight broker.
==History==

This first freight broker bond requirement took into effect in the 1930. In the 1970s the bond amount was increased to $10,000 and wasn't changed until June 29, 2012 when the Congress passed the Moving Ahead for Progress in the 21st Century Act (MAP-21).
The two main changes that came with the MAP-21 were:
* the freight broker bond increase - from $10,000 to $75,000
* freight forwarders must now also meet the $75K requirement
The freight broker bond increase took effect on October 1, 2013. Many freight brokers were against this change because they expected they wouldn't be able to meet the new requirement: it was a 7-fold increase, moreover the previous price was set constant for about 40 years.
According FMCSA there had been too many cases where shippers and carriers had been delayed (or entirely denied) payment so the bond increase was necessary.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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