Bonds

Can someone explain to me what this means???????? I hauled a load with 3 pickups and 5 drops for B & B Transportation after many calls and over 60 days I decided to collect on their bond and this is the fax I received from the bond company:

Federal Service Corporation acts as a claims administrator for a number of financial institutions authorized to issue and file BMC-85 "Property Broker's Trust Fund Agreements" pursuant to 49 CFR 387.307(c). The referenced Trustee is one of the financial institutions we represent for such purposes.

Further to our review of the "Carriers Claim Application" accepted for filing, we regret to inform you that the movement which occasionned the debt you've alleged fall(s) within the criteria for one or some combination of the following regulatory exemption.

X specific commodity exemption (49 USC 13506(a)( Produce),

such that the transportation your carrier has performed was not subject to economic (as opposed to safety) regulation by the FMCSA and accordingly falls outside the range of activity allowing you to seek reimbursement as a third party beneficiary of the trust governed by the referenced broker's BMC-85

We cannot process this claim any further, and we must advise you to seek some other avenue for payment.

 

nobody ever had a problem collecting on a bond???