Beware of Fargato Freight, Inc.

If the load was delivered and you have a signed BOL and rate confirmation, there are a few routes carriers usually take when a broker stops paying.

First step is documenting everything. Keep the rate confirmation, BOL, invoice, and any email or text communication showing attempts to collect payment.

If the broker continues to stall, carriers can usually pursue recovery through the broker’s surety bond (BMC-84). The bond exists specifically to protect carriers in situations where a broker fails to pay for transportation services.

Sometimes brokers or surety companies try to push back or delay the process, but the bond requirement under FMCSA regulations is there to ensure carriers have a recovery path.

Another thing worth checking is whether other carriers are reporting non-payment from the same broker. If multiple claims start appearing, it can move things faster.

How long has the invoice been outstanding?

 

Nobody light a match!!lol