STAY AWAY FROM PALMETTO LOGISTICAL SERVICES

Discussion in 'Freight Broker Forum' started by Driveone, Oct 21, 2016.

  1. Driveone

    Driveone Light Load Member

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    Oct 26, 2011
    South Carolina
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    7seriestv Thanks this.
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  3. 7seriestv

    7seriestv Light Load Member

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    Jan 28, 2016
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  4. Transmart

    Transmart Bobtail Member

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    Dec 30, 2016
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    Can I ask why do I see that carriers aren't getting paid but don't take action against the bond? What does it take for the carrier to file with the surety company? If the surety drops the bond the broker is out of business or their premiums increase.
     
    7seriestv Thanks this.
  5. 7seriestv

    7seriestv Light Load Member

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    Jan 28, 2016
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    That's what I'm would like to know also, I ran into so many owner ops complaining how they got burned by brokers for loads they ran and never get paid. I know guys that go after broker surety bond and got paid on loads the broker didn't want to pay for, I do think understand why everyone not doing it.
     
  6. Transmart

    Transmart Bobtail Member

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    Dec 30, 2016
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    As a broker I wouldn't want my bond to be messed with. I worked hard on getting that bond and without it I cannot operate. If that bond is pulled because of a claim, then I am out of business. Chances are the premium would skyrocket and cost me much more as I am now an identified risk.
     
    jbatmick Thanks this.
  7. Driveone

    Driveone Light Load Member

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    10
    Oct 26, 2011
    South Carolina
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    Can't because they screw around all year all of a sudden I see know they change name and the logistical one not in service...
     
  8. whoopNride

    whoopNride Road Train Member

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    You should have filed on the bond as soon as payment became late. Don't wait around with them giving you excuses. That's what the bond is there for.
     
    Broke Down 69 Thanks this.
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