New FMCSA Regulations: Financial Responsibility of a Property Broker and Freight Forwarder
The FMCSA (Federal Motor Carrier Safety Administration) revised its regulations about the financial responsibility of a property broker and freight forwarder. Effective January 16, 2024, the Final Rule outlines five regulatory areas relating to the financial responsibility of a property broker and freight forwarder. Compliance to the provisions listed above will be required for brokers, surety providers, and financial institutions starting January 16, 2024. View the complete and Final Rule by FMCSA to stay in compliance. Sometimes different circumstances can take us by surprise, but our team at Navigator is here to help you stay the course and make the