Repeal of Freight Broker Bond Increase Please Sign A Petitions on www.whitehouse.gov

How do you come up with the number of 100,000 signatures will get it repealed? Who told you this?

I have no problem with it. Should be more on the order of 250,000 if you ask me.

 

You won't get a signature from me. I feel this is a good thing, keeping the folks with bad credit out of the industry. I speak from a former carrier and brokerage owner's perspective. It was very easy to get a 10k bond for me, so besides cost, I doubt it would be any more difficult to get a 75k bond. The brokerages that have been hurt are the ones with bad credit that posted the 10k trust fund, or the Pacific Financial types. Once the dust settles, I believe the brokerage bond market will be much more stable and former players will reenter the market and start issuing bonds again. The stability as well as competition will help drive down costs.

 

Yea, the only people that should be held to any types of standards are us drivers. God forbid a broker have to be inconvenienced. In fact, maybe they should pass a bill saying drivers must find and book their own loads, and just pick a random broker to send a commission check to.

 

What a trivial post. I speak for myself, with actual experience and MC#'s from both sides of the argument, as I stated previously. You seem to think you're speaking for the collective thinking this is a travesty that you now have to bond for a mere $75k.

 

Signatures needed: 99,999 Signatures done: 1


If you were a participating member I wouldn't have a problem. The thought of you using us for free advertising on your personal mission is kind of selfish and spammy.

 

He can speak for me. $10,000 is nothing. How many brokers started up and moved a bunch of freight and stuck the trucks, then started up again because the bond was cheap, and stuck more trucks?

It should be $500,000. Then there is plenty there for the owner ops to get their money. And they would think twice about any shady bs.

 

For the record this guy was banned for spamming multiple other forums with his company.

Besides he can spam 100 forums and not get enough signatures. In three hours he accumulated zero signatures.

Anyone can put anything on the internet. Getting the appropriate traffic takes years of work.

 

I'm with FCG....get right or get lost. The new bond requirements have been a long time coming and we've needed to take the trash out for awhile too.....

Sink or swim pops, we do it everyday....

jmo

 

In my opinion, all freight brokers should have to carry an insurance policy to cover all the freight bills they broker out. Look at it like this, if a huge brokerage firm
goes under do you think a 75,000 dollar bond is gonna cover millions of dollars in freight bills? Nope! Us little guys will be left with the empty pockets....