- APPLICATION FOR TRANSPORTATION DISPATCH COMPANY REGISTRATION
- APPLICATION FOR TRANSPORTATION DISPATCH COMPANY LICENSE
“Property broker” is defined by Federal regulation in 49 CFR 371.2(a): “Broker means a person who, for compensation, arranges, or offers to arrange, the transportation of property by an authorized motor carrier.”
APPLICATION FOR TRANSPORTATION DISPATCH COMPANY REGISTRATION
Proper registration results in in the issuance of a “license” by FMCSA upon compliance with the financial security requirements prescribed by regulation ( 49 CFR 387). “Property brokers” that operate in interstate commerce are required to be registered under 49 U.S.C.
APPLICATION FOR TRANSPORTATION DISPATCH COMPANY LICENSE
( ), others have continued to operate without any license or bond with impunity as third-party intermediaries arranging for motor carrier transportation, calling themselves “dispatchers” and “dispatch services” instead of brokers and holding themselves out to the public through social media. While some of these brokers gave up their brokerage businesses to join bigger brokerages as agents as part of a concerted effort by some larger brokerages to “consolidate” the freight brokerage industry, §13906(b) and was enforced by the agency after a two month grace period. In that decision, in which FMCSA denied AIPBA’s requested blanket exemption, the agency acknowledged that more than 9,000 intermediary businesses spontaneously shut down in December of 2013 when the new $75,000 minimum property broker bond requirement went into effect under amended 49 U.S.C. 112-141), which was filed by the Association of Independent Property Brokers & Agents (“AIPBA”), a trade group founded and operated by the author since 2010. The Federal Motor Carrier Safety Administration (“FMCSA”) recently issued a decision in the matter of an application ( Docket Number: FMCSA-2013-0513) for a categorical exemption from the minimum property broker and surface freight forwarder financial security requirements imposed by the Moving Ahead for Progress in the 21st Century Act (“MAP-21”) passed by congress and signed into law by the president in 2012 (P.L.