How can I dispatch for another carrier running under his own authority?

I own a trucking company of which we have our own operating authority. We lease on O/O's to haul for us. Recently we have been contacting by O/O's who also have their own MC authority and would like me to book their freight and do their paperwork but they want to run under their own authority and insurance. I am not opposed to this as I would basically be doing the same amount of work with far less expenses but I am totally confused about whether this can be done legally. Anyone with insight on the matter?

 

Right, I realize that I could get my broker authority and start brokering our overflow loads but i am wondering if there is a way to do this without being a broker. Probably not but would rather not start into the brokering thing yet.

 

Right now we get our loads from both brokers and direct from shippers. I would have to get re-set up with my brokers and shippers under his authority and insurance I guess. But that is not what I really wanted to do either. I would like to book the loads under my authority and company name and be able to bill them in my name but he would be pulling the load under his authority and insurance.

 

I pretty much figured that I would have to go ahead and get the broker authority to be able to do this but was hoping I wouldn't have to. Well I guess I have decisions to make on whether I want to venture into the whole freight Brokering world or not. As far as the surety bond goes, I wish they would have raised the amount a long time ago. I have had to place claims against broker's bonds and never even got close to what I was owed because the bond wasn't large enough to pay all the claims against it.

 

Thanks for all the info! It is much appreciated. Are any of you brokers yourself? Just wondering what a broker's thoughts would be on this subject. And I know there has to be more to becoming a broker than just getting your authority and surety bond. Is it necessary for me to have a lawyer help with a broker/carrier contract and other paperwork mumbo jumbo so I don't get screwed if something goes wrong.