Okay, so let's say I own company A. I have, who runs for me exclusively company B. I am masquerading around saying that company B is leased to me, however, I make company B provide their own authority to haul, their own insurances (cargo, the whole 9), and none of company B's trucks have my name as "leased to" or "operated by", nor do they don my DOT number but have their own DOT number. I, the owner of company A also do not have broker authority. SO can I legally pass out louds that I don't want to haul for my customers to company B, or would I be breaking the law?
Is this legal brokering, or no?
Discussion in 'Freight Broker Forum' started by Metalicious, Mar 31, 2016.
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Unless they are leased to you you are breaking the law by brokering.
passingthru69 Thanks this. -
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This is what is called a trip lease. This is normal and done every day.
campany A secures a load from shipper and leases company B on to them for one trip(load).
this can be done over and over -
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Recently a law has been passed that you need broker authority to pass on your excess freight.
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