Legal Requirements
One of the things clients love the most about freight brokers is that they possess a keen ability to manage all the legal legwork necessary to transport loads/products.
There are a variety of both federal and state regulations that can often have a direct impact on your business.
The right broker will take the headache of this paperwork off your shoulders and will manage the legal requirements for you – on your behalf. This saves you a significant amount of both time, money, frustration, and replaces them with peace of mind, profit, and more time to focus on your priorities.
Check the Freight Brokers Legitimacy
In order to operate a freight brokerage business legally within the United States, one must meet and abide by several requirements and regulations.
Some business requirements include and are not limited to initial licensing, registering with the FMCSA, and a freight broker bond or trust.
When looking into the legitimacy of a freight broker, take all these factors into consideration. If you want to achieve the best possible outcome when working with a freight broker, ensure that all these requirements are in good and proper standing.
Understand Your Role
You are entrusting the freight broker to
safely transport your precious cargo to your client or customer.
To ensure that correct precautions are taken and that the freight broker
clearly understands your needs and goals – keep an open channel of
communication. Clearly express your expectations and goals so that your broker
can assist you accordingly.
While maintaining an open channel of communication, you also want to set your expectations clearly – including your budget. Properly equip your broker with the knowledge of which they need to embark on their hunt to find you the perfect solution. Communication is key for effective results.
Understand the Freight Brokers Role
When you possess a clear understanding of what it is exactly that freight brokers do, and what they don’t do – you are equipped to cultivate a healthy relationship with your broker.
A freight broker is a licensed individual or business who works to connect shippers with carriers who are properly qualified to move the shipper’s product safely and efficiently.
Keeping an open channel of communication will
help your freight broker
understand your needs and will also help you understand potential challenges.
5 Standard Industry Regulations
- Record Keeping
- Avoiding Misrepresentation
- Proper Food Safety Practices
- Proper Accounting Practices
- Abiding by Rules Maintaining Written Agreements with Carriers
5 General Guidelines to Follow When Hiring a Freight Broker
- Do Your Research
- Look at Client Reviews
- Select Your Freight Broker Based on Business Needs
- Double Check the Freight Brokers Experience and Training
- Keep Open Communication – Communicate Clearly and Frequently
MLT Logistics is here to understand and help you achieve your personal and business transportation goals. Do not hesitate to reach out to us directly to speak with a professional ready to guide you down the path to success!
Call: 989-546-4335 or Get your Quote Online by clicking here.
